NATIONAL ECONOMICS UNIVERSITY SOCIALIST REPUBLIC OF VIETNAM

SCHOOL ADVANCED EDUCATIONAL PROGRAMS Independence – Freedom – Happiness

COURSE SYLLABUS

1. GENERAL INFORMATION
Title: Financial Accounting 2
Course number: KTKE1107E
Units:
- Theoretical hours: 30
- Practical hours: 15
Prerequisite: Student must be passed Accounting Principles and Financial Accounting 1 with grade
at least C level.
2. LECTURER’S INFORMATION
2.1 Full name: NGUYEN HUU ANH
Tittle: Assoc. Prof., Ph.D.
Address: Room 1113 Building A1, National Economics University, Hanoi.
Phone number: +84 906 163 535
Email: anhnh@neu.edu.vn
Faculty/ Institute: School of Accounting and Auditing
2.2. Full name: HA THI PHUONG DUNG
Tittle: Ph.D, Senior Lecturer
Address: Room 1114, Building A1, National Economics University, Hanoi.
Phone number: +84 919 997 258
Email: dunghp@neu.edu.vn
Faculty/ Institute: School of Accounting and Auditing
3. COURSE DESCRIPTIONS
This course is about corporate financial reporting – the form and content of the mandatory
financial information disclosed by the firms to the external parties (e.g., shareholders). This course
is designed to provide the student with an understanding of the underlying measurement concepts
and the valuation and measurement rules for tangible and intangible assets, liabilities and
stockholders’ equity, as laid down in GAAP.
The Financial Accounting Standards Board (FASB), and the International Accounting
Standards Board (IASB) are working on convergence project to produce unified set of high-quality
accounting standards. As the U.S. adopts the new International Financial Reporting Standards
(IFRS), some areas of reporting may significant change. Throughout the course, we will discuss
international accounting standard treatment of various topics, especially where differences in US
GAAP and IFRS are substantial.

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4. LEARNING RESOURCES : COURSE BOOKS, REFERENCE BOOKS, AND
SOFTWARES
Kieso D., Weygandt J. and Warfield T., (2019). Intermediate Accounting, 17th edition. The
United States of America: John Wiley & Sons, Inc.
OTHER REQUIRED MATERIALS & INFORMATION
Vietnamese Accounting Standards.
International Financial Reporting Standards.
5. COURSE GOALS
This course is to provide you with a better understanding of Financial Accounting and
Accounting Standards, the Conceptual Framework for Financial Accounting. The students who
attend in this course are also learnt more about the accounting information system and how to
present accounting information in the financial reports. In addition, after attending this course,
learners will be able to value, measure and record all transactions which relate to property, plant,
equipments, intangible assets,...In other words, this course will be the first step to help students
being able to understand more deeply in corporate financial accounting and become good auditors
in the future.
Program Level of
Goals Learning competence
Description
(Gx) Outcomes
(PLO)
[1] [2] [3] [4]
Describe the nature of property, plant, and
equipment, intangible assets, current liabilities and
G1 1.2 I
contingencies, non- current liabilities, and
stockholders’ equity.
Identify and measure the valuation of property, plant,
and equipment, intangible assets, current liabilities
G2 1.2 II
and contingencies, non- current liabilities, and
stockholders’ equity.
Understand and explain accounting issues related to
property, plant, and equipment, intangible assets,
G3 1.2 III
current liabilities and contingencies, non- current
liabilities, and stockholders’ equity.
Compare the difference in application of depreciation
G4 methods, the methods of bond discount and premium 1.3 IV
amortization.
Indicate how to present and analyze property, plant,
and equipment, intangible assets, current liabilities
G5 1.3 IV
and contingencies, non- current liabilities, and
stockholders’ equity in the financial statements.

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6. COURSE LEARNING OUTCOMES (CLO)
Course Course Level of
Goals Learning competenc
Description
Outcomes e
(CLOx.x)
[1] [2] [3] [4]
G1 CLO1.1 Remember technical terms in Financial Accounting. I
CLO1.2 Remember the definitions related to property, plant,
and equipment, intangible assets, current liabilities
I
and contingencies, non- current liabilities, and
stockholders’ equity according to IAS.
CLO1.3 Remember the recognized conditions of property,
plant, and equipment, intangible assets.
CLO1.4 Describe property, plant, and equipment, intangible
assets, current liabilities and contingencies, non-
I
current liabilities, and stockholders’ equity under US
GAAP.
CLO1.5 Classify property, plant, and equipment, intangible
assets, current liabilities and contingencies, non- I
current liabilities, and stockholders’ equity.
G2 CLO2.1 Understand the costs to include in initial valuation of
property, plant, and equipment, intangible assets II
under US GAAP.
CLO2.2 Calculation the costs of property, plant, and
II
equipment, intangible assets under US GAAP.
CLO2.3 Identify types of current liabilities, contingencies,
II
non- current liabilities, and stockholders’ equity.
CLO2.4 Explain the difference between current liabilities and
non- current liabilities, current liabilities and II
contingencies.
CLO2.5 Discuss with others to understand methods of
II
depreciation.
G3 CLO3.1 Account for property, plant, and equipment,
intangible assets, current liabilities and
III
contingencies, non- current liabilities, and
stockholders’ equity.
CLO3.2 Solve accounting issues individually or in group. III
CLO3.3 Apply US GAAP in recording property, plant, and III
equipment, intangible assets, current liabilities and
3
 contingencies, non- current liabilities, and
stockholders’ equity transactions.
CLO3.4 Apply the different methods in computation of
III
depreciation expense, EPS, bonds valuation.
CLO3.5 Write report about a case study. IV
G4 CLO4.1 Compare activity, straight-line, and decreasing-
IV
charge methods of depreciation.
CLO4.2 Compare the difference in calculation and
accounting for bond discount and premium IV
amortization.
CLO4.3 Summary the advantages, disadvantages and
IV
applying conditions for each method.
G5 CLO5.1 Prepare data related to property, plant, and
equipment, intangible assets, current liabilities and
III
contingencies, non- current liabilities, and
stockholders’ equity according to US GAAP.
CLO5.2 Present the information about property, plant, and
equipment, intangible assets, liabilities and
III
contingencies, and stockholders’ equity in financial
statements under US GAAP.
CLO5.3 Present the information about property, plant, and
equipment, intangible assets, liabilities and
III
contingencies, and stockholders’ equity in financial
statements according to IASs.
CLO5.4 Calculate financial ratios. III
CLO5.5 Analyze financial ratios. IV
7. COURSE ASSESSMENT
Basically, student ’ s performance will be assessed at all time during the course. It
includes:
Attendance and Participation 10%
Mid-term Exam 1 20%
Mid-term Exam 2 20%
Final Exam 50%
Total Score 100%
Assessment items
Assessment Percent
Course Learning Outcomes (CLOx.x)
Methods (%)

[1] [2] [3] [4]

Participation CLO2.2, CLO2.5, CLO3.1, CLO3.2, Brief exercises and 10%
CLO3.3, CLO3.4, CLO5.1, CLO5.2, exercises

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 CLO5.3, CLO5.4, CLO5.5.
Quizzes CLO1.1, CLO1.2, CLO1.3, CLO1.5, True/False and
Mid-term CLO2.2, CLO2.3, CLO2.4, CLO3.1, Multiple- choice 20%
Exam CLO3.2, CLO3.3, CLO3.4, CLO5.4 questions
Mid-term Multiple- choice
Exam CLO3.5, CLO5.5 questions 20%
Problems
Final Exam CLO2.2, CLO3.1, CLO3.3, CLO3.4,
CLO4.1, CLO4.2, CLO4.3, CLO5.1, Problems 50%
CLO5.2, CLO5.3, CLO5.4.

Examinations: The final exam will be opened-books. Cell phone are not allowed. Examinations
must be taken on the date and at the time scheduled. Makeup examinations will be given ONLY if
the student has a documental legitimate excuse.

8. COURSE SCHEDULE
Week Topics CLO Assessment
[1] [2] [3] [4]
Week 1 Introduction CLO1.1,
Lecture 1: Acquisition and Disposition of CLO1.2,
Property, Plant, and Equipment CLO1.3,
1.1. Acquisition CLO1.4, Participation
1.2. Valuation CLO1.5, BE10:
1.3. Costs Subsequent to Acquisition CLO2.1, 5,6,7,8,9,14,
CLO2.2, 15
CLO3.1,
CLO3.2,
CLO3.3
Week 2 Lecture 1: Acquisition and Disposition of CLO1.1,
Property, Plant, and Equipment (Continued) CLO1.2,
Participation
1.4 Disposition CLO3.1,
CLO3.2,
CLO3.3,
Week Lecture 2: Depreciation, Impairment and CLO1.1, Participation
3 Depletion CLO1.2, BE11:
2.1. Depreciation CLO1.4, 1,2,3,4,5,10
2.2. Impairment CLO2.2, E11: 1,2,3,4
CLO2.5,
CLO3.2,
CLO3.4,

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 CLO4.1
Week 4 Lecture 2: Depreciation, Impairment & CLO4.3,
Depletion (Continued) CLO5.1,
2.3. Depletion CLO5.2, Participation
2.4. Presentation and Analysis CLO5.3,
CLO5.4,
Week 5 Lecture 3: Intangible Assets CLO1.1, Participation
3.1. Intangible asset issues CLO1.2, BE12: 1-13
3.2. Types of Intangibles CLO1.3, E12.1
3.3. Impairment of Intangibles CLO1.4,
3.4. Research and Development costs CLO1.5,
3.5. Presentation of Intangibles and Related items CLO2.1,
CLO2.2,
CLO3.1,
CLO3.2,
CLO3.3
CLO5.1,
CLO5.2.
CLO5.3.
Week 6 Lecture 4: Current Liabilities and Contingencies CLO1.1,
4.1. Current Liabilities CLO1.2,
4.2. Contingencies CLO1.4,
4.3. Presentation and Analysis CLO1.5,
Participation
CLO2.3,
E 13.9, P
CLO2.4, 13.7, P 13.8,
CLO3.1, P 13.10
CLO3.2,
CLO3.3,
Mid-term
CLO3.5,
Exam 1
CLO5.1,
CLO5.2,
CLO5.3,
CLO5.4,
CLO5.5.
Week 7 Lecture 5: Long – Term Liabilities CLO1.1, Participation
5.1. Bonds Payable CLO1.2, E 14.19, P
5.2. Valuation of Bonds Payable CLO1.4, 14.1, P 14.4
CLO1.5,
CLO2.3,
CLO2.4,

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 CLO3.1,
CLO3.2,
CLO3.3,
CLO3.4,
CLO3.5,
CLO4.2,
CLO4.3.
Week 8 Lecture 5: Long – Term Liabilities (Continued) CLO3.2,
5.3. Long – Term Notes Payable CLO3.5,
5.4. Reporting and Analysing long-term CLO5.1,
Liabilities CLO5.2, Participation
CLO5.3,
CLO5.4,
CLO5.5.
Week 9 Lecture 6: Stockholders’ Equity CLO1.1,
6.1. Corporate form and Corporate Capital CLO1.2,
6.2. Preferred Stock CLO1.4, Participation
CLO1.5, E 15.23, P
CLO2.3, 15.2, P 15.8
CLO3.1,
CLO3.2,
CLO3.3,
CLO3.5,
Week 10 Lecture 6: Stockholders’ Equity (Continued) CLO3.1,
6.3. Dividend Policy CLO3.2,
6.4. Presentation and Analysis CLO3.3, Participation
CLO3.5, Mid-term
CLO5.1, Exam 2
CLO5.2,
CLO5.3,
CLO5.4,
CLO5.5.
Week 11 Lecture 7: Dilutive Securities and Earnings per CLO1.1, Participation
Share CLO1.2, E 16.2, E
7.1. Dilutive Securities CLO1.4, 16.7, E
7.2. Accounting for Conpensation CLO1.5, 16.11, P
16.5
7.3. Computing Earnings per Share CLO2.3,
CLO3.1,
CLO3.2,
CLO3.3,

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 CLO3.4,
CLO3.5.
Week 12 Lecture 7: Dilutive Securities and Earnings per CLO3.2,
Participation
Share (Continued) CLO3.4,
CLO3.5.
Week 13 Review CLO3.5,
Participation
CLO5.5

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: Feb. 1, 2023
CENTER FOR ADVANCED DEAN OF SCHOOL HEAD OF
EDUCATIONAL PROGRAMS OF ACCOUTING AND DEPARTMENT OF
AUDITING FINANCIAL
ACCOUNTING