VIETNAM NATIONAL UNIVERSITY SOCIAL REPUBLIC OF VIETNAM

UNIVERSITY OF ECONOMICS AND LAW Independence - Freedom - Happiness

FACULTY OF ACCOUNTING - AUDITING

COURSE SYLLABUS
Course’s name: International Accounting (409)
1. GENERAL INFORMATION
Course Code : KK66
Credits :2
Periods : 30
Prerequisite course : Principles of Accounting
Program : Auditing program
Level : For third-year students

2. COURSE PURPOSES/AIMS:
2.1 Knowledge (Technical Competence): Explain basic concepts, principles and
techniques underlying the practice of accounting
2.2 Professional Skills: Explain and solve basic case studies in accounting field
through questions and answers, testing and practise.
2.3 Professional Attitudes: Participate and manage team efficiently. Good time-
management skills.
2.4 Professional Ethics: : Standardize in professional ethics, civil responsibility and
social responsibility.
3. COURSE OUTLINES:
This subject is an introduction to the basic concepts and standards underlying
international accounting. International Accounting is the study of an entity reported as
either a multinational company or an entity whose reporting obligations to stakeholders
arelocated in a country other than that of the reporting entity. A detailed investigation on
the convergence of U.S. Generally Accepted Accounting Principles (GAAP) and
International Financial Reporting Standards (IFRS) serves as a foundation for this
subject. Several important concepts will be studied in detail, including: analyzing and
recording transaction, adjusting accounts, completing the accounting cycle, accounts
receivable, accounts payable, noncurrent assets and internal control of cash. The course
emphasizes the construction of the basic financial accounting statements - the income
statement, statement of retained earnings, statement of financial position, and cash flow
statement - as well as their interpretation.

4. TEXTBOOK AND ADDITIONAL LEARNING MATERIALS

4.1 Textbook
Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso (2018), Financial Accounting with
International Financial Reporting Standards, 4th Edition, Wiley
4.2 Additional learning materials
[1]Wild, Larson and Chiappetta (2015). Fundamental Accounting Principles, 22nd
edn. McGraw-Hill Irwin
[2] Weygandt, Kieso and Kimmel (2008). Financial Accounting, 8th edn. John Wiley &
Sons Australia Ltd.
[3] Henderson and Peirson (2009). Issues in Financial Accounting. Longman.
[4] Jubb, Haswell and Langfield-Smith (2010). Company Accounting, 5th edn. Nelson.

5. COURSE LEARNING OUTCOMES:

Program
Course
No. Course Learning Outcomes Learning
Objectives
Outcomes

Explain both the theoretical principles and the practical 1.2, 1.3, 2.1,
application of basic international accounting 2.3, 3.1, 3.2,
LO 1.1 procedures on: accounting in busines, accounting 2.1 4.1
equation, accounting principles, financial statements’
format and accounting cyles.
Analyse and solve exercises of accounting cycle 1.2, 2.1, 2.3,
LO 2.1 2.2
applying in practice. 3.2, 3.3
Analyse and solve basic case studies of noncurrent 1.2, 2.1, 2.3,
LO2.2 2.2
assets applying in practice. 3.2, 3.3
Analyse and solve basic case studies of cash and 1.2, 2.1, 2.3,
LO2.3 2.2
internal control of cash applying in practice. 3.2, 3.3
 Analyse and solve case studies of cash flows statement 1.2, 2.1, 2.3,
LO2.4 2.2
applying in practice. 3.2, 3.3
2.1, 2.3, 4.1,
LO 3.1 Participate in group and manage team efficiently. 2.3
5.1, 5.2
2.1, 2.3, 4.1,
LO 3.2 Be good at time-management skills. 2.3
5.1, 5.2
Standardize in professional ethics, civil responsibility 1.3, 2.1,2.2,
LO 4.1 2.4
and social responsibility 4.1

6. COURSE PLAN:
No. Content LO Teaching & learning Assessment
activities
1. Chapter 1: Accounting in LO 1.1 Teaching:
action: LO 3.2 - Introduce Course -Mini-test (15
1. What Is Accounting? LO 4.1 Syllabus minutes)
2. The Building Blocks of - Forming Group -Mid-term test
Accounting - Introducing and -Group
3. The Basic Accounting instructing individual discussion
Equation assignments+ group
4. Using the Accounting assignments.
Equation - Lecturing
5. Financial Statements: -Question and answer
basic formats Student in class:
-Divide into groups (6-10
students per group)
-Question and answer
Student at home:
Read given case study and
initiate 1st individual
assignment
2. Chapter 2: The recording LO 1.1 Teaching: -Mini-test (15
process LO 3.2 - Lecturing minutes)
1. Accounts LO 4.1 - Introducing and -Mid-term test
2. Steps in the double-entry instructing case study -Group
accounting -Question and answer discussion
Student in class:
3. Trial balance -Discuss cases in class
-Question and answer
Student at home:
-Searching solutions for
given Case study
-Doing homework

3. Chapter 3: Adjusting the LO 1.1 Teaching:

accounts LO 2.1 - Lecturing -Mini-test (15
 1. Timing issues LO 3.1, - Introducing and minutes)
2. Adjusting entries LO 4.1 instructing case study -Mid-term test
-Question and answer -Group
3. Adjusted trial balance Student in class: discussion
and financial statement -Discuss cases in class
-Question and answer
Student at home:
-Searching solutions for
given Case study
-Doing homework
4. Chapter 4: Completing the LO 1.1 Teaching:
accounting Cycle LO 2.1 - Lecturing -Mini-test (15
1. Using the worksheet LO 3.2 - Introducing and minutes)
2. Closing entries LO 4.1 instructing case study -Mid-term test
3. Income statement -Question and answer -Group
Student in class: discussion
4. Statement of retained
-Discuss cases in class
earnings (changes in -Question and answer
equity) Student at home:
5. Statement of financial -Searching solutions for
given Case study
position (classified
-Doing homework
balance sheet)
5. Chapter 7: Cash and LO 2.3 Teaching: -Mini-test (15
Internal Controls LO 3.2 - Lecturing minutes)
1. Cash control for receipts LO 4.1 - Introducing and -Mid-term test
and disbursements instructing case study -Final test
2. Petty cash -Question and answer -Group
3. Bank reconciliation Student in class: discussion
4. Reporting cash and cash -Discuss cases in class
-Question and answer
equivalents Student at home:
-Searching solutions for
given Case study
-Doing homework
6. Chap 9: Plant Assets, LO 2.2 Teaching: -Mini-test (15
Natural Resources, and LO 3.2 - Lecturing minutes)
Intangible Assets LO 4.1 - Introducing and -Mid-term test
1. PPE instructing case study -Final test
2. Intangibles -Question and answer -Group
Student in class: discussion
-Discuss cases in class
-Question and answer
Student at home:
-Searching solutions for
given Case study
-Doing homework
7 Chapter 14: Cash flow LO 2.4 Teaching: -Mini-test (15
 statement LO 3.1 - Lecturing minutes)
9.1. CF classification LO 3.2 - Introducing and -Final test
9.2. Direct method LO 4.1 instructing case study -Group
9.3. Indirect method -Question and answer discussion
Student in class:
-Discuss cases in class
-Question and answer
Student at home:
-Searching solutions for
given Case study
-Doing homework

7. ASSESSMENT METHODS

No. Method Proportion Form Learning Outcomes

Casestudy,
Group Homework, Quick Quizzes, LO 1.1, LO 2.1, LO 2.2,
30% LO2.3, LO 2.4, LO 2.5,
1 Individual Homework Writing
LO 2.6
and Mini-tests Assignments. LO 3.1, LO 3.2 LO 4.1

Multiple choice 20% LO 1.1, LO 2.1, LO 2.2,

2 Writing and LO 2.3, LO 2.4
Mid-test 20% , LO 4.1
calculation 80%

Multiple choice 20% LO 1.1, LO 2.1, LO 2.2,

LO2.3, LO 2.4, LO 2.5,
3 Final exam 50% Writing and
LO 2.6
calculation 80% LO 4.1
Total 100%

8. TEACHING STRATEGY
This course is taught primarily through: lectures, readings (textbook chapters, research papers
and financial press articles), cases, in-class discussions and assignments.

Head of Department Dean