1．Course basic information ：

课程基本信息：

Course Code: 830100204

Course Title: INTERMEDIATE FINANCIAL ACCOUNTING

Department: Department of Accounting

Applicable professional: 2006 Undergraduate Accounting Major

Course Type: Compulsory

Prior to Courses: Higher Mathematics (1), Basic Accounting

Credit: 6

Class Periods: 68 classes, Including: 60 theoretical teaching classes and 8 practice teaching classes 

Course Book: Zhang Weibin，《Intermediate Financial Accounting》，Lixin Accounting Publishing ,July 2007 ,the 1st Edition 

Reference Books: 

1. Ge Jiashu, 《Intermediate Accounting》, Chinese people University Press, September 2003 Version 2

2. Qian FengSheng, 《Intermediate Accounting》, Shanghai Finance University Press, September 2002 Edition 1

3. Robert F. Meiggs (U.S.),《Accounting - the basis for business decisions (financial and accounting volumes) 》, Machinery Industry Press, August 2000 1 (the original book 11 Edition)

4. Ministry of Finance, 《Enterprise Accounting Standards》, Economic Science Press, 2003

 

2．Content and period

 

Chapter 1 General Introduction 

 第一章        总体概述

 

1.1O verview of financial accounting: concept of financial accounting, objective of financial report

1.2 Basic assumptions of accounting: accounting subject, going concern, accounting stage, monetary measures

1.3 Qualitative requirement of accounting Information: reliability, relevance, comparability, understandability,  substance over form, materiality, prudence, timeliness

1.4 Accounting elements: accounting elements that reflecting the financial position of business and their recognition, accounting elements that reflecting the business performance and their recognition

1.5 Accounting measurement: historical cost, replacement cost, net realizable value, present value, fair value

1.6 Accounting standard: Chinese accounting regulatory framework,

Chinese accounting standards system

 

Chapter 2 Currency funds

第二章    货币资金 

2.1 Cash: scope of the cash accounting, accounting for cash

Bank: The method of bank settlement and accounting treatment, relevant provisions about the management of bank  

2.2 Other currency funds: content, accounting for other currency funds

 

Chapter 3 Accounts receivables and prepayments

第三章     应收账款及预付款项

3.1 Notes receivable: classification, valuation, accounting treatment

3.2 Accounts receivable: recognition, valuation and accounting treatment

3.3 Financing of accounts receivable :pledge of accounts receivables, sold of accounts receivable

3.4 Prepayments and other receivables

3.5 Impairment of receivables: recognition, measurement and accounting treatment of impairment loss of receivables

 

Chapter 4 Inventory

第四章    库存

4.1 Overview：recognition, valuation 

4.2 Raw materials: accounting on the basis of actual cost and planned cost 

4.3 Accounting for other inventory : entrust processing materials , packaging and low-valued consumables

4.4 Inventory check: overview, accounting treatment

4.5 Final measurement of inventory : the meaning of cost and net realizable value, accounting treatment for the method of the lower of cost and net realizable value 

 

Chapter 5 Trading financial assets ,held-to-maturity investments and financial assets available for sale 

第五章     交易性金融资产 ， 持有至到期投资  ，可供出售金融资产

5.1Trading financial assets :recognition ,initial measurement ,subsequent measurement , derecognition

5.2 Held-to-maturity investments: recognition ,initial measurement ,subsequent measurement ,final measurement, derecognition

5.3 Financial assets available for sale: recognition ,initial measurement ,subsequent measurement ,final measurement, derecognition

 

Chapter 6 Long-term equity investment

第六章        长期股权投资

6.1 The initial measurement : way to achieve long-term equity investment , measurement of initial investment cost

6.2 Accounting method of cost method: scope, basic characteristics, methods

6.3 Accounting method of equity method : scope, basic characteristics, methods

6.4 Impairment : determining criteria, accounting treatment

 

Chapter 7 Fixed asset and investment property

第七章       固定资产 和 投资性房地产

7.1 Overview of fixed asset: concept , recognition, classification

7.2 Initial measurement of fixed assets: accounting for fixed assets purchased ,self-constructed fixed asset and fixed assets invested 

7.3 Subsequent measurement of fixed assets : concept of depreciation of fixed assets, factors that affect the depreciation of fixed assets, scope of provision for depreciation of fixed assets, methods of the provision for depreciation of fixed assets, accounting treatment of provision for depreciation of fixed assets

7.4 Disposal of fixed assets : condition of the derecognition of fixed assets , accounting treatment 

7.5 Fixed asset check: overview, accounting treatment of fixed asset overage, shortage or damage 

7.6 Final measurement of fixed assets : judgment and accounting treatment of impairment of fixed assets

7.7 Investment property :accounting for the initial measurement and follow-up expenditure

 

Chapter 8 Intangible asset and goodwill

第八章      无形资产及商誉

8.1 Overview of intangible asset: concept and characteristics, conditions for recognition, specific content and classification

8.2 Measurement of intangible asset: initial measurement ,subsequent measurement ,final measurement

8.3 Accounting treatment of intangible assets: acquisition, amortization, disposal, impairment

8.4 Goodwill: concept and characteristics, recognition and measurement, accounting treatment of purchased goodwill

 

Chapter 9 Current liabilities

第九章    流动负债

9.1 Overview: characteristic , content , measurement

9.2 Short-term borrowing: treatment of interest on short-term borrowing, 

characteristic of accounting for short-term borrowing 

9.3 Accounts payable and receipt in advance: notes payable, accounts payable, receipt in advance, other payables, interest payable, dividends payable

9.4 Employee compensation payable: concept of employee compensation, confirm principle of employee compensation, measurement and accounting treatment of monetary employee compensation, measurement and accounting treatment of non-monetary benefits, accounting for termination benefits 

9.5 Dues: VAT payable, consumption tax payable, business tax payable, other taxes payable

 

Chapter 10 Non-current liabilities

第十章   非流动负债

10.1 Overview : concept, content

10.2 Borrowing cost: concept and content, assets range and borrowing limits of borrowing cost that should be capitalized, condition that borrowing costs begin to capitalize, recognition and measurement of loan fees and discount or premium amortization, determination of amount of capitalization of borrowing auxiliary cost, suspension of capitalization of borrowing cost, cease of capitalization of borrowing cost

10.3 Notes payable :overview, accounting

10.4 Long-term borrowing :accounts that should be set up for the accounting of long-term borrowing, accounting treatment

10.5 Long-term payable: finance lease payable, Instalment payable for the purchase of fixed assets

 

Chapter 11 Equity

第十一章   所有者权益

11.1 Overview: characteristics, classification

11.2 Paid-in capital: basic requirement for the accounting , accounting for the paid-in capital of different organizational structure of enterprises

11.3 Capital surplus: component, accounting for capital (or equity) premium,  accounting for other capital reserve 

11.4 Retained earning: meaning and its component, reserve, undistributed profit

 

Chapter 12 Cost 

第十二章   费用

12.1 Overview: concept and characteristic, classification, recognition

12.2 Accounting for cost: accounting for administrative cost, operating cost and financial cost

 

Chapter 13 Income

 第十三章   收入

13.1 Overview: concept, characteristic, classification

13.2 Revenue of sale of goods : recognition criteria, measurement , accounting treatment

13.3 Income by providing services : recognition and measurement, accounting treatment, special service transactions

13.4 Income by transferring the right to use assets : recognition criteria, measurement , accounting treatment

13.5 Other operating income: content of accounting for other business, accounting for other business 

 

Chapter 14 Profit

 第十四章   利润

14.1 Composition of profit : composition of profit, income that outside operating business, carrying forward of profit

14.2 Income Tax : calculation, difference between accounting treatment and tax treatment, accounting treatment of income tax

14.3 Distribution of profit : order, accounting treatment

 

Chapter 15 Financial statement

 第十五章   财务报表

15.1 Overview: role, classification, basic requirements on the presentation of financial statement

15.2 Statement of financial position : content and structure, compilation method

15.3 Income Statement : content and structure, compilation method

15.4 Changes in equity : content and structure, compilation method

15.5 Statement of cash flow : the scope of the cash, content and structure, compilation method

 

Chapter 16 Analysis of financial statement

 第十六章   财务报表分析

16.1 Overview : significance, general method, attention

16.2 Common indicators used in the analysis of financial statement: solvency, liquidity, profitability, capability