BSAM0002 Introduction to Accounting









Course Code BSAM0002  
Course Title Introduction to Accounting  
Class Date 18, 19, 20, 21, 24 and 25 July 2023

(26 July 2023 is reserved for class make-up in case there is any cancellation of classes due to bad weather or other unexpected factors.)

Class Time 1:00pm – 3:30pm
Class Location TBC  


Teacher Prof. Janja BRENDEL

Assistant Professor
School of Accountancy
The Chinese University of Hong Kong

More about CUHK School of Accountancy & CUHK Business School:

  1. What Do You #LookForward​ to at CUHK Business School?
  2. Is Accounting equals to Number Crunching?
  3. What I learnt from CUHK – Professionalism and loyalty
Medium of Instruction English
Course Description Accounting means more than just crunching numbers. The public often thinks that accountants are simple bean counters who help individuals and businesses complete their tax returns or keep their books. However, accounting is more than that! Unfortunately, many people lack an understanding of the many other facets of accounting.


In the real business world, accounting includes many areas such as setting up an accounting system, preparing financial statements and reports, analyzing financial statements, planning, and budgeting for a business, attracting and managing investment capital, securing loans, analyzing and managing costs, making purchase decisions, providing financial insight and advice to business owners and managers, as well as preventing and detecting fraudulent business activities.


Accounting provides the vocabulary that businesses use to talk to us about their operations. In short, accounting is the language of business, and this course provides you with a foundation in accounting to help you speak and understand the language of business. This course will expose you to some of the key issues and topics in the areas of financial accounting and managerial accounting.

Course Content Day 1: Introduction to Accounting – Setting Up the Accounting System and Recording Accounting Transactions


Day 2: Preparing Income Statements and Balance Sheets


Day 3: Reporting on Financial Statements


Day 4: Planning and Budgeting and Making Informed Business Decisions


Day 5: Detecting Financial Fraud


Day 6: Course Assessment and Wrap Up

Learning Outcomes
  1. Construct and interpret a balance sheet and income statement.
  2. Analyse transactions, record those transactions using debits and credits, and understand the accounting cycle to generate accounting reports.
  3. Discuss accounting issues and solve accounting problems in a time-constrained group setting.
  4. Intelligently discuss the ethical dimensions of a variety of accounting-related business problems.
  5. Intelligently converse about the topics like: Earnings management, Fraud and how to prevent fraud, Personal budgeting and financial planning
  6. Intelligently write a brief, focused memo demonstrating a basic understanding of accounting and business issues.
  7. Use online learning resources intelligently.
  8. Manage workload in a self-paced learning environment, including meeting regular deadlines.
  9. Develop effective communication skills via assignments and class discussions.
Recommended Reading(s) / Reference(s) To be provided at the start of the course if any
Course Assessment Participation (20%)

Assignments and quizzes throughout the course (30%)

Final Examination (50%)

The above course information is subject to change and approval.
   Last updated on 27 February 2023