1. EBA2013 FINANCIAL ACCOUNTING & REPORTING 2
Sharon Cheuk
(Level 3, ext 4419)

2. Learning Outcomes By the end of this course, students will be able to:
Able to differentiate appropriate accounting principles to account for revenue and changes in accounting policies, estimates and correction of errors, provisions & contingencies.
Able to measure the events after the balance sheet date and suggest appropriate accounting treatments and enable to account for issue and buyback of shares, deferred taxes.

3. Learning Outcomes By the end of this course, students will be able to:
Demonstrate basic and diluted Earnings Per Share (EPS) and prepare statement of changes in equity and cash flow.
Prepare and examine interim and annual published financial statements and the importance of ethics and the financial position and performance of firms in its financial reporting process.

4. Proposed Timetable Week Topic 1 Course introduction
Revenue recognition – General 2
Revenue recognition – Construction Contracts 3
Borrowing costs 4
Accounting policies, changes in accounting estimates & errors 5
Events after the reporting period/balance sheet date 6
Provisions, contingent liabilities, contingent assets 7
Accounting for equity - reconstruction 4 4

5. Proposed Timetable Week Topic MID SEMESTER BREAK 8 MID SEMESTER EXAM 9
Deferred tax 10
Statement of Cash Flows 11
Earnings per share 12
Interim financial reporting 13
Comprehensive cases 14
Comprehensive cases (Contd.) 5 5

6. Assessment Type of assessment Marks Quiz/Assignment 20%
Mid-Semester Examination
Final Examination
60%
Total
100%
Type of assessment
20%
Assignment 1
Assignment 2
Mid-Term Test
25%
Final Test
35%
Total
100%

7. Course entrance survey form
On Morpheus
Please complete immediately after this class

8. Tutorial 1-hour tutorial Tutor will guide in doing exercises
What is your free day/time in a week?

9. Text and References
Lazar, J. and H.C.C. (2014). Financial Reporting Standards for Malaysia. (4th Ed.), Kuala Lumpur: McGraw Hill Education.
Tong, T. L.(2017). Financial Accounting and Reporting in Malaysia, Volume 1, (6th Ed.). Kuala Lumpur: CCH.
Ahmad, A., Saat, N. A. M, Mahmud, R., Aripin, R. M. , R., Ngalim, S. M., Talib, M. A.and Abdullah, A. A. (2015). Financial Accounting and Reporting 1. Shah Alam, Oxford Fajar Sdn Bhd.
Wood, F. and Sangster, A. (2012). Frank Wood's Business Accounting 2. (12th Ed.), London: FT Prentice Hall.
Malaysian Code of Corporate Governance, (2012). Kuala Lumpur: Securities Commission of Malaysia. (Accessed at