NATIONAL ECONOMICS UNIVERSITY SOCIALIST REPUBLIC OF VIETNAM

SCHOOL OF ACCOUNTING AND AUDITING Independence – Freedom – Happiness

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COURSE’S SYLLABUS

1. MODULE PROFILE
Course name: FINANCIAL ACCOUNTING I
Course code: KTTC
Class: Accounting - ICAEW CFAB
Credit: 3
Program: Bachelor of Accounting in English
Integrated with ICAEW CFAB

2. LECTURER’S INFORMATION
Full name: NGUYEN HUU ANH
Tittle: Professor, Ph.D
Address: Room #1113 Bulding A1, National Economics University, Vietnam
Phone number: 0906163535 Email: anhnh@neu.edu.vn
Faculty/ Institute: School of Accounting & Auditing

3. COURSE PREREQUISITES: Accounting 1 (ICAEW CFAB)

4. COURSE OBJECTIVES
The course is designed to familiarize students with the intermediate accounting. The
course objective is to provide prospective users of financial information with an
understanding of financial accounting issues. In fulfilling this objective, the course
focuses on developing technical skills to apply accounting procedures and rules in order
to develop an understanding of how economic events are recorded in the financial
statements. In addition, it focuses on preparing and interpreting financial statements.
Therefore, this course will develop the student’s knowledge of both preparation and use
of financial statements as they relate to the fields of accounting. At the end of this course,
the student can be able to:

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 (1). Understand the Accounting Conceptual Framework and underlying principles
of accounting applications and procedures.
(2). Analyze the effects of transactions and events on an entity’s financial
condition and demonstrate an understanding of International Financial Reporting
Standards (IFRS) and Vietnamese Accounting System (VAS).
(3). Apply IFRS and VAS technical concepts to prepare and present financial
statements and related disclosures
5. COURSE CONTENT
The course coverage will include an in-depth review of the financial accounting and
accounting standards, conceptual framework for financial reporting, the accounting
information system, and some issues related to the financial statements such as income
statement, balance sheet and statement of cash flow. The course will place emphasis on
accounting and the time of money, cash and receivables, valuation of inventories,
acquisition and disposition of property, plant and equipment.

6. COURSE SCHEDULE
Including
Number of
Homework, Exam,
No Chapter
Theory Presentation
period
Practice
1 Chapter 1 5 4 1
2 Chapter 2 5 4 1
3 Chapter 3 5 4 1
4 Chapter 4 5 3 2
5 Chapter 5 5 3 2
6 Chapter 6 5 3 2
7 Chapter 7 5 3 2
8 Chapter 8 5 3 2
9 Chapter 9 5 3 2
Total 45 30 15

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7. SYLLABUS
Activity
Chapter Note
Week
#1 Chapter 1: Financial Accounting and Question 1, 2, 3, 5, 6, 7, 8
Accounting Standards
#2 Chapter 2: Conceptual Framework for BE2.1, BE2.2, BE2.6
Financial Reporting E2.1, E2.2, E2.4, E2.5, E2.6, E2.7
#3 Chapter 3: The Accounting Information E3.1, E3.5, E3.6, E3.11, E3.12
System P3.1, P3.4
#4 Chapter 4: Income Statement and E4.1, E4.2, E4.3, E4.5
Related Information P4.2, P4.5
#5 Chapter 5: Balance Sheet and E5.7, E5.8, E5.11, E5.15
Statement of Cash Flows P5.3, P5.6
#6 TEST 1
#7 Chapter 6: Accounting and the Time E6.2, E6.3, E6.4, E6.5, E6.6
Value of Money P6.7, P6.13

#8 Chapter 7: Cash and Receivables E7.3, E7.5, E7.7, E7.9

P7.6, P7.7, P7.8
#9 Chapter 8: Valuation of Inventories: A E8.4, E8.9
Cost-Basis Approach P8.3, P8.4, P8.5
#10 Chapter 9: Inventories: Additional E9.4, E9.7, E9.16, E9.20
Valuation Issues P9.3, P9.5, P9.7
#11 TEST 2
#12 Course Review

8. TEXTBOOK
# REQUIRED TEXTBOOK
Intermediate Accounting, 3rd Edition (IFRS Edition). Kieso, Donald E., Weygand,
Jerry J., and Warfield, Terry D (2018). John Wiley & Sons. ISBN: 978-1-119-37300-1
# OTHER REQUIRED MATERIALS & INFORMATION
Financial Accounting (Volume 1 & 2), 1st edition. Nguyen Huu Anh, at el. (2020).
National Economics University. ISBN: 978-604-946-825-4. ISBN: 978-604-946-833-9.

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9. COURSE REQUIREMENTS & GRADING POLICY
Class Participant 10%
Test 1 (Mid-term Exam 1) 20%
Test 2 (Mid-term Exam 2) 20%
Final Exam 50%
Class Participant
All students are expected to attend classes. If students are absent, they are responsible for
what they have missed. Students are expected to read the textbook before coming to
class. Students are encouraged to ask relevant questions, make pertinent comments, and
present answers to questions raised during class. Some quizzes will be given at random
during the term. Class participation points will be based on class attendance, contribution
in class and result of quizzes.
Exams
Both mid-term and final exams are closed-book. They contain problem-solving
questions.
10. OTHERS
Students can contact the lecturer via email at any time to ask any question that relates to
the class.
SCHOOL OF ACCOUNTING Hanoi, 10/ 8/ 2023
AND AUDITING Lecturer
(full name and sign)

Nguyen Huu Anh