Advanced Topics in Accounting
A stimulating review of the most important issues in accounting and financial reporting today, including the proposed convergence of the two main accounting standards in use (US GAAP and IFRS, which was adopted by China in 2007 and is used by most countries outside the US). This class assumes that the student has at least an introductory level knowledge of accounting and will cover selected topics in some depth.
Taught by Richard E. Prendergast, CPA.  Click here for Richard's profile.

We live in a world that up until a year ago we thought was the pinnacle of financial sophistication, yet since then has experienced the worst economic slowdown and financial meltdown since the Great Depression.  Why did this happen and why wasn't it foreseen and avoided?  We will explore this and several other important accounting issues in order to understand what is right about modern accounting standards and where they fall short.

The format of the class will include pre-reading of selected handout materials, and class lectures and discussions to expand the student's knowledge of these issues.  There will be modest homework for selected weeks to encourage the students to think about what has been presented and stimulate questions for further class discussions.


Textbook

Because this class will explore at an eclectic list of accounting subjects we will use handouts and custom materials selected or developed by the instructor.


Course Structure

Advanced accounting issues and why they are relevant today
Global standards and convergence – "and pigs may fly"
Internal control and corporate governance – COSO, SOX, and Bernie Madoff
Decision making using accounting information
The 2008/2009 economic meltdown – who's to blame
Personal and corporate taxes – income, GST/VAT, import and export
Fair value accounting and its implications
Balanced scorecard – an alternative to beancounting
Management information systems in the age of the Internet

Course Title: Advanced Accounting
Tuition Fee: RMB 3200
Material Fee: RMB 100

Spring Session 2010: March 12th to May 15th

Section E: Friday mornings (10:00 AM - 12:30 PM)  Registration Closed
10 weeks from March 12th to May 14th (Course Code: ACC207)
Location: ELC Learning Annex

Section F: Saturday afternoons (1:00 PM - 3:30 PM)  Registration Closed
10 weeks from March 13th to May 15th (Course Code: ACC208)
Location: ELC Learning Annex

CLICK HERE TO REGISTER FOR THIS COURSE

Registration Procedure:
Please register online first to reserve your place.  You will then receive a confirmation email with further details.  Next, payment must be made on site at the ELC Learning Annex during the payment dates shown below (you can come in person or send someone).

Tuition payment for the Spring Session 2010 will take place on Friday, Saturday, Sunday, and Monday, February 26th, 27th, 28th, and March 1st, 2010, between 10:00 a.m. and 1:00 p.m..  Payments will be received in Ground-Floor Classroom at our ELC Learning Annex.  Click here for map.

Please note: classes are kept small for the students' benefit (generally between 6 and 12 people).  Register early to reserve your place.  Payment must be received on time to complete your enrollment and maintain your reservation in the class(es) for which you have registered.  (Any course that does not meet sufficient enrollment may be cancelled and a full refund provided upon presentation of your original receipt.)
 

For detailed information, please feel free to contact one of our program coordinators: Telephone: 55889133 Fax: 55889133 EMAIL: inquiry(at)shanghai-classes.com
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