NATIONAL ECONOMICS UNIVERSITY SOCIALIST REPUBLIC OF VIETNAM

CENTER FOR ADVANCED EDUCATIONAL PROGRAMS Independence – Freedom – Happiness

DETAILED SYLLABUS

1. GENERAL INFORMATION
Title: Financial Accounting 3
Course number: KTKE1108E
Units:
- Theoretical hours: 30
- Practical hours: 15
Prerequisite: Student must be passed Accounting priciples.
2. LECTURERS’ INFORMATION
School of Accounting and Auditing, 11 Floor, A1 Building, National Economics University
Department: Financial Accounting, Room 1114, A1 Building, National Economics University
Lecturers:
Full name Tel. Email
1 Nguyen Huu Anh, Prof., Ph.D. 0906163535 anhnh@neu.edu.vn
2 Tran Van Thuan, Assoc. Prof., Ph.D. 0913579837 thuantv@neu.edu.vn
3 Nguyen Duc Dung, Assoc. Prof., Ph.D. 0984380914 dungnd@neu.edu.vn
4 Dang Thi Thuy Hang, Ph.D. 0915166150 hangdt@neu.edu.vn
5 Ha Thi Phuong Dung, Ph.D. 0919997258 dunghp@neu.edu.vn
6 Nguyen Thi Mai Anh, Ph.D. 0903210448 maianhkt@neu.edu.vn
7 Doan Thi Truc Quynh, Msc. 091328320 quynhdt@neu.edu.vn

3. COURSE DESCRIPTIONS
The course is the final of the three classes for Intermediate Accounting. The course continues the
intensive study begun in Intermediate Accounting 1 and 2. Upon completing the course, students
will be able to apply IFRS to identify and measure asset, liability, equity accounts and related
revenue and expense items, make necessary journal entries, identify required disclosures, prepare
related financial statements. Topic areas include investment, revenues, income taxes, leases,
statement of cash flows, accounting changes and error correction and full disclosure in financial
reporting. The course seeks to develop student’s ability to prepare and use financial accounting
information, learn the application of IFRS in order to analyse and prepare financial statements,
develop communicative, critical-thinking through the study of this course.

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4. LEARNING RESOURCES : COURSE BOOKS, REFERENCE BOOKS, AND
SOFTWARES
Kieso, Donald E., Weygand, Jerry J., and Warfield, Terry D (2018), Intermediate
Accounting, 3rd Edition (IFRS Edition), John Wiley & Sons. ISBN: 978-1-119-37300-1
OTHER REQUIRED MATERIALS & INFORMATION
International Accounting Standards.
International Financial Reporting Standards.
ACCA-F7: Financial Reporting materials
5. COURSE GOALS
Upon completion of the course, the students will be abble to:
- Have sound knowledge of accounting standards applicable to the recognition,
classification, measurement and recognition of investments, revenues, income
taxes, leases, accounting for changes and error corrections, prepare statement of
cashflow and full disclosure in financial reporting.
- Understand and apply the appropriate presentation of the major asset, liability and equity
accounts and related revenue and expense items in the financial statements, including the
appropriate disclosure.
- Apply the skills in case study solving.
- Indicate how to present consolidated financial statements in a good form.
Program Level of
Goals Learning competence
Description
(Gx) Outcomes
(PLO)
[1] [2] [3] [4]
Have sound knowledge of accounting standards
applicable to the recognition, classification,
measurement and recognition of investments,
G1 1.2 II
revenues, income taxes, leases, accounting for
changes and error corrections, prepare statement
of cashflow and consolidated financial statements
Understand and apply the appropriate presentation of
the major asset, liability and equity accounts and
G2 related revenue and expense items in the financial 1.3 III
statements, including the appropriate disclosure.

G3 Apply the knowledge and skills in case study solving 1.3 IV

G4 Indicate how to present consolidated financial 1.4 IV

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 statements in a good form.

6. COURSE LEARNING OUTCOMES (CLO)

Course Course Level of
Goals Learning competenc
Description
Outcomes e
(CLOx.x)
[1] [2] [3] [4]
G1 CLO1.1 Identify investments, revenues, income tax, lease,
changes in accounting policies and estimates,
I
errors, cashflow items and consolidated financial
statements.
CLO1.2 Measure investments, revenues, income tax, lease,
changes in accounting policies and estimates,
I
errors, cashflow items and consolidated financial
statements.
CLO1.3 Recognise investments, revenues, income tax,
lease, changes in accounting policies and estimates,
II
errors, cashflow items and consolidated financial
statements.
G2 CLO2.1 Calculate corectly the items presented on the
financial statements of investments, revenues,
II
income tax, lease, effect of changes in accounting
policies and estimates, correct to errors.
CLO2.2 Present corectly of investments, revenues, income
tax, lease, effect of changes in accounting policies
III
and estimates, correct to errors in related financial
statements.
G3 CLO3.1 Write report and present about a case study about
investments, income taxes, pensions and
postretirement benefits, leases, accounting changes IV
and error, cash flows, consolidated financial
statements.
G4 CLO4.1 Prepare consolidated statement of financial position IV
CLO4.2 Prepare consolidated statement of profit of loss IV

7. COURSE ASSESSMENT
Performance Evaluation and Grading

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 Basically, student ’s performance will be assessed at all time during the course. It
includes:
Attendance & Participation 10%
Mid-term test 20%
Group Assignment 20%
Final Exam 50%
Total Score 100%
Time Course Assessment
Assessment Learning items Percent
Content
Methods Outcomes (%)
(CLOx.x)
[1] [2] [3] [4] [5] [6]
Participation Chapter 17 to CLO1.1
Chapter 24, CLO1.2
ACCA-F7: CLO1.3
Financial CLO2.1 Brief exercises
All weeks 10%
Reporting CLO2.2 and exercises
materials CLO3.1
CLO4.1
CLO4.2
Mid-term test Chapter 17 to True/False and
(MCQs or Chapter 21 CLO1.1 Multiple-
Solving CLO1.2 choice
problems) Week 9 CLO1.3 questions (40 20%
CLO2.1 questions)
CLO2.2 Problems (4
problems)
Group Chapter 17 to
Assignment Chapter 24
Group
ACCA-F7:
Week 14,15 CLO3.1 assignment and 20%
Financial
presentation
Reporting
materials
Final Exam Chapter 17 to School’s/ACCA CLO1.2 Problems 50%
Chapter 24 examination CLO1.3
ACCA-F7: schedule CLO2.1
Financial CLO2.2
Reporting CLO4.1

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 materials CLO4.2

8. COURSE SCHEDULE
Week Topics CLO Activities Assessment
[1] [2] [3] [4] [5]
Week 1 Introduction Self-study:
Lecture 1: - Read chapter 17 and
Investments other materials.
1.1. Investments in CLO 1.1 - Do homeworks.
Debt Securities CLO 1.2 In the class:
Participatio
1.2. Investments in CLO 1.3 - Presentation lecture 1
n
Equity Securities CLO 2.1 - Discussion of issues
CLO 2.2 raised in the first
lecture
- Practical questions on
Investments
Week 2 Lecture 1: Self-study:
Investments - Read chapter 17 and
(Continued) other materials.
1.3. Other CLO 1.1 - Do homeworks.
financial reporting CLO 1.2 In the class:
Participatio
Issues CLO 1.3 - Presentation lecture 1
n
1.4. Accounting CLO 2.1 - Discussion of issues
for financial CLO 2.2 raised in the first
instruments lecture.
- Practical questions on
investments.

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Week 3 Lecture 2:
Revenue Self-study:
Recognition - Read chapter 18 and
other materials.
2.1. Fundamental CLO 1.1 - Do homeworks.
of revenue CLO 1.2 In the class: Participatio
recognition CLO 1.3 - Presentation lecture 2 n
2.2. The five-step CLO 2.1 - Discussion of issues
process revisited CLO 2.2 raised in the lecture 2
2.3. Accounting - Practical questions on
for Revenue the Revenue
Recognition issues Recognition

Week 4 Lecture 2: Self-study:

Revenue - Read chapter 18 and
Recognition other materials.
CLO 1.1
(Continued) - Do homeworks.
CLO 1.2
2.4. Presentation In the class: Participatio
CLO 1.3
and disclosure - Presentation lecture 2 n
CLO 2.1
2.5. Long-term - Discussion of issues
CLO 2.2
construction raised in the lecture 2.
contract - Practical questions on
Revenue Recognition
Week 5 Lecture 3: Participatio
Accounting for Self-study: n
Income Taxes - Read chapter 19 and
3.1. Fundamentals other materials.
CLO 1.1
of Accounting for - Do homeworks.
CLO 1.2
Income Taxes In the class:
CLO 1.3
3.2. Additional - Presentation lecture 3
CLO 2.1
consideration - Discussion of issues
CLO 2.2
raised in the lecture 3
- Practical questions on
Accounting for
Income Taxes
Week 6 Lecture 3: (cont.) CLO 1.1 Self-study: Participatio
CLO 1.2 - Read chapter 19 and n
3.3. Accounting CLO 1.3 other materials.
for Net Operating
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 Losses - Do homeworks.
3.4. Financial In the class:
Statement - Presentation lecture 3
Presentation CLO 2.1 - Discussion of issues
CLO 2.2 raised in the lecture 3
- Practical questions on
Accounting for
Income Taxes
Week 7 Self-study:
- Read chapter 21 and
Lecture 4: other materials.
Accounting for - Do homeworks.
CLO 1.1
Leases Group work out of class. Participatio
CLO 1.2
4.1. Leasing In the class: n
CLO 1.3
Environment - Presentation lecture 4
CLO 2.1
4.2. Accounting by - Discussion of issues
CLO 2.2
Lessee raised in the lecture 4.
- Practical questions on
Accounting by Lessee
and lessor.
Week 8 Self-study:
- Read chapter 21 and
Lecture 4: other materials.
Accounting for - Do homeworks.
CLO 1.1 Participatio
Leases Group work out of class.
CLO 1.2 n
4.3. Accounting by In the class:
CLO 1.3
Lessor - Presentation lecture 4
CLO 2.1
4.4. Special Lease - Discussion of issues
CLO 2.2
Accounting raised in the lecture 4.
Problems Practical questions on
Accounting by Lessee and
lessor.
Week 9 Lecture 5: CLO 1.1 Self-study: Participatio
Accounting CLO 1.2 - Read chapter 22 and n
Changes and Error CLO 1.3 other materials.
Analysis CLO 2.1 - Do homeworks.
CLO 2.2 Group work out of class.
5.1. Changes in In the class:
Principles
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 5.2. Changes in - Midterm-test (90’)
Estimates - Presentation lecture 5
5.3. Changes in - Discussion of issues
Entity raised in the lecture 5.
5.4. Accounting - Practical questions on
Errors accounting for
5.5. Error Analysis changes in policies.
- Presentation lecture 5
- Discussion of issues
raised in the lecture 5.
- Practical questions on
accounting for
changes in estimates,
correction of errors.
- Practical questions on
error analysis.
Week 10 Lecture 6: Self-study:
Statement of Cash - Read chapter 23 and
Flows other materials.
- Do homeworks.
6.1. Preparation of Group work out of class.
Statement of Cash CLO 1.1 In the class:
Flow CLO 1.2 - Presentation lecture 6 Participatio
6.2. Indirect and CLO 1.3 - Discussion of issues n
Direct Methods CLO 2.1 raised in the lecture 6.
6.3. Special CLO 2.2 - Practical questions on
Problems in preparation of
Statement statement of cash flow
Preparation - Practical questions on
6.4. Use of Special Problems in
Worksheet Statement Preparation
Week 11 Lecture 7: Full CLO 1.1 Self-study: Participatio
Disclosure in CLO 1.2 - Read chapter 24 and n
Financial CLO 1.3 other materials.
Reporting and CLO 2.1 - Do homeworks.
introduction to CLO 2.2 Group work out of class.
consolidated In the class:
financial - Presentation lecture 7
- Discussion of issues
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 statements
7.1. Full
Disclosure
Principles and
raised in the lecture 7.
issues
- Practical questions on
7.2. Notes to
Disclosure in
Financial
Financial Reporting
Statements
and introduction to
7.3. Introduction to
consolidated
consolidated
financial
statements

Week 12 Lecture 8: The

Self-study:
consolidated
- Read ACCA materials
statement of
and other materials.
financial position
- Do homeworks.
8.1. Conceptual CLO 1.1
Group work out of class.
background CLO 1.2
In the class:
8.2. Consolidation CLO 1.3
- Presentation lecture 8
technique CLO 2.1
- Discussion of issues
8.3. Consoliated CLO 2.2
raised in the lecture 8.
statement of
- Practical questions on
financial position
consolidated statement
8.4. Intra-group
of financial position
items

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Week 13 Lecture 9:
Self-study:
Consolidated
- Read ACCA materials
statement of
and other materials.
profit or loss
- Do homeworks.
9.1. Group income CLO 1.1
Group work out of class.
9.2. Intra-group CLO 1.2
In the class:
transactions CLO 1.3
- Presentation lecture 9
9.3. Non- CLO 2.1
- Discussion of issues
controlling interest CLO 2.2
raised in the lecture 9.
9.4. Other
- Practical questions on
adjustments
consolidated statement
9.5. Disposal of a
of profit or loss
subsidiary
Week 14 Presentation of Group work in the class. Group
group assignment CLO3.1 - Presentation Assignmen
- Revision all lectures t
Week 15 Presentation of Group work in the class. Group
group assignment CLO3.1 - Presentation Assignmen
Revision - Revision all lectures t

9. COURSE REQUIREMENT & EXPECTATION

Class Structure/Attendance and Participation
Classes will be conducted using a combination of lecture and problem solving
format. Class participation is one of the most effective ways of learning the concepts, as
you get instant feedback. I welcome your participation in class. It is required that you be
present in every meeting. Students must give prior notice of excused absences as far in
advance as possible.
Classroom Etiquettes:
Use of cell phones and other communications (texting) devices is strictly prohibited in
the class room. Each instance of the use of these devices or disruption caused by buzzing
or ringing of a cell phone will result in one point reduction in class participation grade.
10. DATED: December 12, 2024.

CENTER FOR ADVANCED DEAN OF SCHOOL LECTURER

EDUCATIONAL PROGRAMS OF ACCOUTING AND
AUDITING

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