SCHOOL OF BUSINESS AND MANAGEMENT
DEPARTMENT OF ACCOUNTING Faculty
Professor and Acting Head of Department:
K. C. CHAN, BA Wesleyan; MBA, PhD Chicago (Head and Professor of Finance)
Professors:
Chi-Wen Jevons LEE, BBA, MA National Taiwan; MA, PhD Rochester Lode LI, BA Fudan; MS, PhD Northwestern
(Concurrently appointed as Professor of Information and Systems Manage- ment)
Eric NOREEN, BA Univ of Washington; MBA, PhD Stanford Visiting Professor:
Yoram C. PELES, BA, MA, Hebrew PhD Chicago Senior LecturersIAssociate Professors:
Mark DEFOND, BA San Francisco State Univ; PhD Univ of Washington Jerry HAN, PhD State Univ of New York, Buffalo
Brian W. SEMKOW, LLB Toronto; PhD Queen's Univ, Kingston Visiting Senior LecturersIAssociate Professors:
Joseph AHARONY, PhD Northwestern
Joseph K. CHEUNG, BBA, MS Houston; PhD Michigan; CPA LecturersIAssistant Professors:
Andrew CHAN, BA Univof Texas, Austin; MBA Univof Illinois, Urbana-Champaign, PhD Purdue
Yew Ming CHIA, MS Southampton; PhD Griffith Alice P. L. CHUI, BA Liverpool; MA, PhD Manchester
Howard J. GENSLER, BA, MPP, JD, MA, PhD Univ of California, Iwine Chung-Kweon KIM, MPA, MBA Univ of Washington; PhD Pittsburgh
Fletcher 0. LEE, BA Harvard; MA Yale; LLM Virginia; JD Pennsylvania; PhD Freiburg im Breisgau
Chul PARK, BA Yonsei; MA Univ of California, Davis; PhD Washington Univ Kermit J. ROHRBACH, MA, MBA Indiana; PhD Univ of Illinois, Urbana-
Champaign; CPA
Earl K. STICE, BS, MSc Brigham Young; MSc, PhD Cornell
T. J. WONG, BA Dickinson; MBA, PhD, Univ of California, Los Angeles Woody Y WU, BE South China lnst of Tech; MBA Concordia; MS, PhD New York Bing XIANG, BE Xian Jiaotong; PhD Alberta
Guochang ZHANG, BE Shanghai Jiaotong; MS, PhD British Columbia Visiting LecturerIAssistant Professor:
K. P. RAMASWAMY, BA, MBA Washington State; PhD Kansas Visiting Scholar:
Gary MILLER, BSc, MBA California State Univ, Chico Visiting Assistant Lecturer:
Mandy LI, BBA Hawaii; MBA San Diego State
School of Business and Management
Undergraduate Programme
Accounting is fundamental to all business undertakings and has applications in manv areas of business and manaaement. Courses offered by the Department focus on concepts and theories, providin~students with asolid basis on whichthey can adapt to changing techniques and practices when they enter the professional world. The quality and coverage of the accounting curriculum enables students to be exempted from a number of papers in the Joint Examination Scheme of the Hong Kong Society of Accountants and the Chartered Association of Certified Accountants. Students should be well prepared to pass the remaining papers.
The Department of Accounting offers a BBA in Accounting. Students have a choice of either following a Managerial Accounting or Financial Accounting stream. The courses required of each stream are presented below.
Curriculum for BBA in Accounting (two streams) I. Financial Accounting Stream
Core Courses
Cost I Management Accounting Advanced Accounting
(3) H&SS Humanities and Social Science elective 4 12 SB&M Business and Management elective 1 3
(2) SClE Science elective O o r 2 0 or 6
Additional requirement
(4) LANG 001 Language Skills Enhancement I [0-3-1:0]
Notes:
(1) Students entering with grade B or above in AL Economics take ECON 191 ; those with grades C to E in AL Economics take ECON 1 1 1 ; all other students can choose to take either ECON 11 0 or 11 1.
(2) Students entering with HKCEE Mathematics only, or those who scored below grade C in HKCEE Additional Mathematics, take MATH 005 and MATH 006 in the Fall and Spring semesters respectively. All others take a science elective of at least three credits in each semester.
(3) Of these courses, at least one course in Humanities and one in Social Science are required.
(4) Students entering without grade C or above in AS Use of English will be required to take and pass this course during the first semester of attendance.
A minimum of 105 credits is required for the BBA programme in Accounting - Financial Accountina Stream. Students musttake additional course(s) andlor elective(s) of higher-than-requied credit value to meet this minimum total of 105 credits.
Recommended Pattern of Study for the Financial Accounting Stream 1st year Fall C ACCT 101, ECON 11011 111191, ISMT 11 1;
R MATH 005lSCIE;
E H&SS;
0 LANG 001 (Total: 18 credits)
Spring C ACCT 122, ECON 11 2, FlNA 11 1, ISMT 101 ;
R MATH 006lSCIE (Total: 19 credits)
2nd year Fall C ACCT 201, MARK 212, MGTO 221 ;
E H&SS, SB&M (Total: 17 credits) Spring C ACCT 202, ACCT 262;
R ACCT 221, LANG 101 ;
E FREE (Total: 1 7 credits)
3rd year Fall R ACCT 301, ACCT 342, MGTO 321 ;
E ENGG, H&SS (Total: 18 credits)
School of Business and Management
Spring R ACCT 344, ACCT 361 ;
E ENGG, FREE, H&SS (3) Of these courses, at least one course in Humanities and one in Social Science are
required.
(4) Students entering without grade C or above in AS Use of English will be required to take and pass this course during the first semester of attendance.
(Total: 16 credits) C = core course; R = required course; E = elective course; 0 = other course
A minimum of 100 credits is required for the BBA programme in Accounting
-
Managerial Accounting Stream. Students must take additional course(s) and/or elective(s) of higher-than-required credit value to meet this minimum total of 100 credits.
II. Managerial Accounting Stream Core Courses
Recommend Pattern of Study for the Managerial Accounting Stream ACCT 101
ACCT 122 ACCT 201 ACCT 202 (1) ECON 110 or ECON 111 or ECON 191 ECON 112 FlNA 111 ISMT 101 ISMT 111 MARK 212 MGTO 221
Financial Accounting Managerial Accounting lntermediate Accounting I lntermediate Accounting II
lstyear Fall C ACCT101,ECON110/111/191,lSMT111;
R MATH 005lSCIE;
E H&SS;
0 LANG 001 (Total: 18 credits)
Introductory Microeconomics Microeconomics
Honours Microeconomics
Spring C ACCT 122, ECON 112, FlNA 11 1, ISMT 101;
R MATH 006lSCIE (Total: 19 credits)
Macroeconomics Financial Management
Introduction to lnformation Systems Business Statistics
Marketing Management Organisational Behaviour
2nd year Fall C ACCT 201, MARK 21 2, MGTO 221 ;
E H&SS, SB&M (Total: 17 credits) Spring C ACCT 202;
R ACCT221,LANG 101;
E FREE, SB&M Required courses
(Total: 16 credits) ACCT 221 Cost / Management Accounting
LANG 101 Business Communication (2) MATH 005 Algebra and Calculus l (2) MATH 006 Algebra and Calculus ll
3rd year Fall E ENGG, FREE, H&SS, two SB&M (Total: 18 credits) Spring E ENGG, FREE, H&SS, two SB&M (Total: 15 credits)
Elective courses C = core course; R = required course; E = elective course; 0 = other course
Minimum Minimum no. of courses total credits Elective tvpes
Faculty Research Interests
ENGG Engineering elective 2 6
(3) H&SS Humanities and Social Science elective 4 12 SB&M Business and Management elective 6 18
(2) SClE Science elective Oor2 0 or 6
Professor K. C. CHAN, Acting Head of Depaflment, and Head of Finance Investment; empirical asset pricing; options and futures; market microstructure.
Professor Jevons Chi-Wen LEE
Market models; inventory accounting; accounting policy and information.
Additional requirement
Professor Lode LI, Concurrently appointed as Professor of lnformation Systems and Management
(4) LANG 001 Language Skills Enhancement I [0-3-1 :O]
~ ~ n a m i c transfer pricing for two production departments in sequence; coordination of financial and production decisions; the multi-stage service facility startup and capacity Notes:
models.
(1) Students entering with grade B or above in AL Economics take ECON 191 ;those with grades C to E in AL Economics take ECON 11 1 ;all other students can choose to take either ECON 11 0 or 11 1.
(2) Students entering with HKCEE Mathematics only, or those who scored below
Professor Eric NOREEN
Testing the fundamental assumptions underlying current management accounting practice.
grade C in HKCEE Additional Mathematics, take MATH 005 and MATH 006 in the Fall and Sorina semesters resDectivelv. All others take a science elective of at least three crAits in each semester. '
School o f Business and Management
Professor Yoram C. PELES, Visiting Professor
Cost accounting; accounting and industrial organisations.
Dr Mark DEFOND, Associate Professor
Financial reporting and auditing; earnings management and auditor changes.
Dr Jerry HAN, Associate Professor
Empirical issues on production of corporate financial information and the usefulness of such information to investors and creditors.
Dr Brian W. SEMKOW, Associate Professor
Law and economics of the regulation of Japanese and Chinese financial markets and institutions; Chinese corporate governance and finance; and foreign financial institu- tions in Japan.
Dr Joseph AHARONY, Visiting Associate Professor
~ m ~ i r i c a l analysis of (a) the impact of accounting and financial information on investors' behaviour in capital markets; (b) effects of changes in regulatory policy on corporate profitability and risk.
Dr Joseph K. CHEUNG, Visiting Associate Professor
Measurement of financial instruments; agency theory and accounting choice.
Dr Andrew CHAN, Assistant Professor
The role of accrual- versus cash-based (e.g., the Statement of Cash Flows) accounting information and the impact of their disclosure on capital market. Financial statement analysis.
Dr Yew-ming CHIA, Assistant Professor
Application of contingency theory and agency theory in the design of management accounting systems; materiality in an auditing context.
Dr Alice P. L. CHUI, Assistant Professor
Capital asset pricing model; arbitrage pricing theory; financial statement analysis.
Dr Howard J. GENSLER, Assistant Professor Tax policy, applied economics.
Dr Chung-Kweon KIM, Assistant Professor
Income tax reporting benaviour; empirical analysis of incentive-related issues; and information issues in experimental economics.
Dr Fletcher 0. LEE, Lecturer
The impact of legal, political and economic developments on international trade, business, investment, and finance.
Dr Chul W. PARK, Assistant Professor
Accounting choices/changes and corporate finance; accounting disclosures and invest- ment analysis.
Dr Kermit J. ROHRBACH. Assistant Professor
Applied statistics in financial research and in auditing (audit sampling); functional programming (J) for statistical and accounting problems; Monte Carlo methods.
Dr Earl K. STICE, Assistant Professor
Motivation for and economic impact of management choice of financial accounting methods.
Dr T. J. WONG, Assistant Professor
Information disclosure issues in accounting and auditing which include capital markets, research, agency theory, audit quality and auditor switches.
Dr Woody Y. WU, Assistant Professor
Management buyouts; management manipulation of accounting information; valuation of assets and liabilities; noise trading.
Dr Bing XIANG, Assistant Professor
Market-based accounting; agency theory; industrial organisation and accounting infor- mation.
Dr Guochang ZHANG, Assistant Professor
Contracting theory; information asymmetry in financial markets; corporate financial policy; theory of the firm.
Dr K. P. RAMASWAMY. Visitino Assistant Professor
Long-term petformance~ssues
k
mergers; acquisitions; new developments in manage- rial accounting; international accounting; behavioral accounting.Dr Gary MILLER, Visiting Scholar
Financial reporting issues including accounting for deferred taxes; leases; pensions and international accounting topics; legal liability for tax accountants.
Mandy LI, Visiting Assistant Lecturer Financial reporting and security valuation.
School of Business and Management Debartment o f Economics
DEPARTMENT OF ECONOMICS