Topic outline
General aims
Develop Accounting-Specific Vocabulary:
The course aims to enhance students' understanding and use of specialized accounting terms such as assets, liabilities, equity, depreciation, accruals, and other key financial concepts. Mastery of these terms will enable students to accurately communicate financial information.Improve Communication Skills in Accounting Contexts:
The course seeks to improve the four essential language skills (listening, speaking, reading, and writing) in professional accounting scenarios. This includes writing financial reports, reading accounting standards, presenting audit findings, and discussing financial data with clients or colleagues.Enhance Comprehension of Financial Documents:
Students will develop the ability to read and interpret key accounting documents such as balance sheets, income statements, cash flow statements, and audit reports. This skill is crucial for understanding the financial health of a business.Prepare for International Accounting Standards:
The course prepares students to understand and apply International Financial Reporting Standards (IFRS) and Generally Accepted Accounting Principles (GAAP). This will make them competitive in global accounting environments where these standards are used.Facilitate Participation in Global Financial Discussions:
Students will be trained to effectively participate in financial discussions in international contexts, whether in meetings, conferences, or audits. They will learn how to present financial data clearly and concisely in English.Support the Writing of Professional Accounting Reports:
The course helps students develop the writing skills needed to produce accurate and professional financial reports, audit memos, and management letters. This includes structuring reports properly and using appropriate accounting terminology.
pre-requisites
Students must have successfully completed the lessons of S1, S2, S3 and S4. They should have developed a strong understanding of the basic concepts related to their fields of expertise, namely, Economics, Trade, Accounting, Management, and Finance as well as improved their verbal communication skills
- This topic