AC2101 Semester 2 2013-14 1

NANYANG TECHNOLOGICAL UNIVERSITY

NANYANG BUSINESS SCHOOL

AC2101 ACCOUNTING RECOGNITION AND MEASUREMENT

Academic Year : 2013-2014 Semester : 2

Course

Coordinator :

Choo Teck Min

Other

Instructor(s) :

Anil J N Shukla

Tan Yee Peng

Pre-requisites : AB1102

No. of AUs : 4

Course Description and Scope

This course builds on students’ knowledge and skills acquired in their earlier courses like the

fundamental theoretical frameworks (e.g., contracting theory and accounting conceptual

framework covered in AB1101 and AB1102) and basic accounting, organizational and decision-

making concepts and techniques (covered in introductory accounting and business courses).

This course equips students with a strong conceptual and technical knowledge of the recognition,

measurement and disclosures of various financial statement elements. The course begins with a

discussion of general recognition and measurement issues and concepts including various

income concepts. The course proceeds with a critical examination of specific recognition and

measurement issues and problems as well as current and forthcoming authoritative

pronouncements relating to various elements of the financial statements.

This course also emphasizes skills and attitudes that are essential to accounting professionals.

The course aims to further develop students’ skills of inquiry, research, analytical and critical

thinking, problem solving, team work, communication and presentation. Important attitudes and

values that the course seeks to cultivate in students include ethical, professional and social

awareness and responsibilities, receptiveness to differing views and a passion for proactive self-

learning. The course learning objectives and their assessment methods are as follows.

AC2101 Semester 2 2013-14 2

Course Learning Objectives & Assessment Plan

Learning Objectives Assessment Methods

(1) (2) (3) (4)

Knowledge × × × ×

Skills

- Research/inquiry/problem solving × × × ×

- Critical/analytical thinking × × × ×

- Communication/presentation × × × ×

- Teamwork/people skills × ×

Attitudes

- Ethical, professional & social awareness &

responsibilities × × × ×

- Proactive self-learning × × × ×

- Receptiveness to differing views × ×

(1) Seminar participation (2) Group presentation (3) Term quiz (4) Final examination

Learning and Teaching Methods

This course adopts a seminar-style approach. Seminar sessions are held twice a week. The

seminars are designed to provide students with opportunities for interactions and discussions

with other seminar participants to discover, learn and assimilate knowledge, refine skills and

inculcate positive attitudes and values, and to apply them in problem solving. To maximize

collaborative learning, every student MUST come fully prepared (by completing the assigned

pre-seminar readings and requirements before each seminar) to actively participate and

constructively discuss, critique and challenge other students’ and the course instructor’s ideas

and views during the seminar sessions.

Students are encouraged to form study groups with members within and/or outside their seminar

groups and to use the course and seminar EdveNTUre sites to share questions, thoughts and ideas

throughout the course. This will promote active learning outside seminars and among students.

Students are required to keep abreast with current developments in the accounting profession and

the business world, both locally and internationally.

Seminars: Two seminars weekly, in assigned seminar rooms, of two hours each except for

Teaching Weeks 4, 7 and 10. Please refer to the seminar outlines posted on

EdveNTUre at least a week before the respective seminars for detailed pre-seminar

readings and requirements.

AC2101 Semester 2 2013-14 3

Postings: Students are responsible for checking their NTU email accounts, the course site and

their instructor’s seminar site in EdveNTUre for instructions and announcements.

Course Assessments

The course assessment comprises the following components:

Components Weights (%) Individual Group

(1) Seminar participation 15 *

(2) Group presentation 15 * *

(3) Term quiz 20 *

(4) Final examination 50 *

Total 100

(1) Seminar participation

Seminar participation is assessed based on the quality and consistency of each student’s

participation in seminar discussions over the entire course. Participation can take the form of

responding to questions posed, asking reflective questions and sharing insightful comments with

other participants during seminars. Voluntary participation is strongly encouraged but instructors

may use “cold call” to elicit participation.

(2) Group presentation

Students will be assigned to complete a comprehensive presentation question as a group (up to 5

students per group). The presentation requires students to (i) conduct research on and analyze

recognition, measurement and/or disclosure-related issues, (ii) apply relevant concepts that they

have acquired from their own research and from the current course and/or earlier courses and

(iii) make well-reasoned comments and/or recommendations. To be fair to all groups, instructors

will NOT respond to any queries relating to a presentation question prior to the presentation. If a

group is unsure of aspects relating to the presentation question, they need to make the relevant

assumptions.

Each group is required to make a timed (25~30 minutes) presentation of their findings during the

seminar session. Penalties will be imposed if group presentations are exceedingly long. Every

member must present as students are assessed individually for their communication and

presentation skills. Students are assessed as a group for the content in their presentation and

submission. In the unfortunate event that free-riding occurs, group members should raise the

issue ahead of the actual presentation so that the free-rider is given the opportunity to rectify the

situation. Where the free-rider does nothing to rectify the situation despite the warning, penalties

will be imposed on the free-rider.

Groups are required to email only their powerpoint presentation slides (i.e., no written report is

needed) to their respective instructor by the deadline stipulated in the table below. Please ensure

that citation is properly done if the groups use materials from various reports/books etc. For more

information, please refer to http://academicintegrity.ntu.edu.sg/for-students/resources-for-

students/. On the day of the presentation, all members of the group must hand in a declaration

AC2101 Semester 2 2013-14 4

of academic integrity (available from the course website in Edventure). In addition, a copy of

the slides must be uploaded on the AC2101 course main site (under the Assignments folder)

which will process all group submissions through Turnitin (the anti-plagiarism software). A

student guide for the Turnitin submission is available on the course main site in the Content

folder. Penalties will be imposed for late submission and presentation slides that are highly

similar to that of another group.

Groups are to present based on their submitted slides with no changes allowed after submission

to their instructor. Attire for the presentation is business casual, i.e., long-sleeved shirt for men

(no tie required) and the equivalent for ladies. Within a week after their presentation, groups

must post their amended presentation slides (based on feedback from their instructor and peers)

on their seminar group’s EdveNTUre discussion board.

Group Presentation Schedule

Project

Group* Week Seminar Project Topics Presentation Date

Presentation

Submission

Deadline

1 3 6 Measurement & Income 29 or 30 Jan

10 am, 1 day

before

presentation

2 4 7 Leases 5 or 6 Feb

3 4 7 Leases 5 or 6 Feb

4 6 10 Financial assets 17 or 18 Feb

5 7 12 Financial liabilities 24 or 25 Feb

6 9 16 Deferred tax 19 or 20 Mar

7 9 16 Deferred tax 19 or 20 Mar

8 12 21 Revenue 7 or 8 Apr

9 12 21 Construction contract 7 or 8 Apr

10 13 24 Share-based payments 16 or 17 Apr

*Instructors will assign students to the project groups. Please note that the group

assignment done in Seminar 1 is tentative and is subject to changes after the add-drop

period.

(3) Term quiz

The objectives of the open book quiz are to (a) assess students’ understanding of the conceptual

and technical issues covered in the course to-date and (b) ensure that students are keeping up

with their coursework and not leave all the studying to the very end of the semester.

The quiz is scheduled in Week 7. The quiz will be conducted during the course lecture timeslot

that week. It is scheduled to be on 28 February 2014 (Friday) at 4.30 pm in LKC-LT. Further

details will be given during the course.

AC2101 Semester 2 2013-14 5

(4) Final examination

The final exam will be a two-and-half-hour open-book examination on 8 May 2014 (Thursday)

at 1.00 pm. Students will be tested on their mastery of concepts and issues covered in the course.

Related current developments and events reported in the press, business periodicals and

professional journals may also be tested.

Readings and References

Textbook

1. NCKL: A Practical Guide to Financial Reporting Standards (Singapore) (5th

edition) by Ng

Eng Juan, Choo Teck Min, Koh Wei Chern & Low Kin Yew (CCH, 2013). (Call No.

HF5681.B2N576p 2013)

Supplementary References

1. LL: Intermediate Financial Accounting (2nd

edition) by Nelson Lam and Peter Lau (McGraw

Hill, 2012). (Call No. HF5681.B2L213 2012)

2. Scott: Financial Accounting Theory (6th

edition) by William R Scott (Prentice Hall, 2012).

(Call No. HF5625.S431 2012)

3. SSNTLL: Intermediate Accounting (IFRS edition) by J David Spiceland, James F Sepe,

Mark W Nelson, Pearl Tan, Bernadine Low, Kin-Yew Low (McGraw Hill, 2012). (Call No.

HF5635.S754i 2013)

Electronic Resources

Journals, Magazines and Newspapers:

1. Bodie, Kaplan and Merton (2003), “For the Last Time: Stock Options are an Expense”,

Harvard Business Review, March, p. 62-71.

2. Gaynor, McDaniel and Yohn (2011), “Fair value accounting for liabilities: The role of

disclosures in unraveling the counterintuitive income statement effect from credit risk

changes” Accounting, Organizations and Society, April, p. 125-134.

3. Imhoff, Lipe and Wright (1991), “Operating Leases: Impact of Constructive Capitalisation”,

Accounting Horizons, March, p. 51-63.

4. Imhoff, Lipe and Wright (1997), “Operating Leases: Income Effects of Constructive

Capitalisation”, Accounting Horizons, June, p. 12-32.

5. Kahn (2000), “Presto Chango! Sales are Huge”, Fortune, March, p. 90-93.

6. Linsmeier (2011), “Financial Reporting and Financial Crises: The Case for Measuring

Financial Instruments at Fair Value in the Financial Statements”, Accounting Horizons, June,

p. 409-417.

7. Miller and Mosso (1983), “Financial Accounting Measurement: Why Things May Not Be

What They Seem To Be”, Financial Executive, December, p. 28-35.

8. Ng and Tan (2009), “Statement of Comprehensive Income: Conceptual & Practical Issues”,

Singapore Accountant, July/August, p. 24-26.

AC2101 Semester 2 2013-14 6

9. Samuelson (1993), “Accounting for Liabilities to Perform Services”, Accounting Horizons,

September, p. 32-45.

10. Solomons (1961), “Economic and Accounting Concepts of Income”, The Accounting Review,

July, p. 374-383.

11. Webber (2000), “New Math for a New Economy”, FastCompany, Issue 31,

January/February, p. 1-8. (http://www.fastcompany.com/magazine/31/lev.html)

Books, Reports and Websites:

1. G4+1 (1999), “Reporting Financial Performance: Proposals for Change Recommendations of

the G4+1”, October, http://www.frc.org.uk/Our-Work/Publications/ASB/Reporting-Financial-

Performance-Proposals-for-Chan.aspx

2. IASB (2005), “Recycling (Agenda Paper 8)”, p. 1-6. http://www.iasb.org

3. ICPAS Technical Note (2011), “INT FRS 115 Agreements for the Construction of Real

Estate and the Accompanying Note on Application of INT FRS 115 in Singapore”,

http://cfr.isca.org.sg/wp-content/uploads/2010/02/INT-FRS-115-final.pdf

4. Clarification and Illustrative Examples to the ICPAS Technical Note (2011),

http://cfr.isca.org.sg/wp-content/uploads/2010/02/Clarification-note-to-INT-FRS-115-

ext2.pdf

5. IFRS (2012), IFRS 9 Technical Summary, p. 1-2, http://www.ifrs.org/NR/rdonlyres/172F5393-

9774-469A-B5DB-2BEE775C610A/0/IFRS9.pdf

6. IRAS E-Tax Guide (2011), “Income Tax: Tax Deduction for Shares Used to fulfill

Obligations under an Employee Equity-Based Remuneration Scheme”, 8 July, p. 1-24, http://www.iras.gov.sg/irashome/uploadedfiles/e-

Tax_Guide/etaxguides_IIT_Tax%20Deductions%20for%20Shares%20Used%20to%20Fulfill%20Ob

ligations%20Under%20an%20Employee%20Equity%20Based%20Remuneration%20Scheme_2011-

07-08.pdf

The above materials are available through either NTU Library E-Journals or ProQuest or at the

weblinks provided. The Conceptual Framework, FRSs and INT FRS are available at

http://www.asc.gov.sg/frs/frsEffective01012013.htm and

http://www.asc.gov.sg/frs/ifrsEffective01012013.htm respectively. Other reading materials may

be assigned during the course.

Financial Calculators

The use of financial calculators is compulsory in this course. Students should have prior

knowledge in the use of financial calculators in performing present value-related computations.

The recommended calculator for the course is Texas Instrument BA II Plus. Students may use

other university-approved financial calculators. Please check the following website:

http://www.nanyangbusinessschool.ntu.edu.sg/undergrad/intranet/Exam/Calculator.asp for

information on what financial calculators are acceptable for use in the examination.

AC2101 Semester 2 2013-14 7

Academic Integrity

Good academic work depends on honesty and ethical behaviour. As a student of Nanyang

Business School and part of your training to become a respected and successful professional,

you are expected to observe and conduct yourself in full accordance with the NTU Honour Code

(http://academicintegrity.ntu.edu.sg/for-everyone/shared-values-honour-code/) and exhibit the

highest standard of academic integrity at all times. Truth, Trust and Justice form the core of the

NTU community’s shared values.

It is important that you recognize your responsibilities to understand and apply the principles of

academic integrity in all the work that you do while in NTU and later on in your career. Not

knowing the requirements of academic integrity does not excuse academic dishonesty. You need

to actively equip yourself with strategies to avoid all forms of academic dishonesty, including

plagiarism, academic fraud, collusion and cheating.

Please ensure that you fully understand the discussion on academic integrity posted on

http://academicintegrity.ntu.edu.sg. Consult your instructor(s) if you are in doubt. Students are

strongly encouraged to immediately report all acts of academic dishonesty to their instructors or

the school.

Course Instructors

Instructors Office DID Email Address

Assoc Prof Choo Teck Min* S3-01B-44 6790 5685 atmchoo@ntu.edu.sg

Adjunct Assoc Prof Anil J N Shukla S3-B2C-83 6790 5006 anilshukla@ntu.edu.sg

Adjunct Assoc Prof Tan Yee Peng S3-B1A-28 8138 8318 tanyp@ntu.edu.sg

* Course Coordinator

AC2101 Semester 2 2013-14 8

Proposed Weekly Schedule

Please check the respective seminar outlines posted in the course site for changes, if any, in the pre-seminar assigned readings and

requirements.

Week No. Seminar No. & Topics Learning Objectives Readings

1

(13 Jan)

Seminar 1 (Mon/Tues)

Introduction to accounting recognition,

measurement & disclosure

- Phenomenon, attributes, and unit of

measurement

Review the purpose and need for accounting

from the contracting and conceptual

framework

Review the characteristics of accounting

information

Understand the concepts of accounting

recognition, measurement, presentation and

disclosure

Acquire familiarity with basic measurement

concepts and specifically, accounting

measurement concepts

Miller & Mosso 1983;

Webber 2000; Scott Ch

1; The Conceptual

Framework for Financial

Reporting (2011) Ch 1 &

3

Seminar 2 (Wed/Thurs)

Fair Value Measurement

Income measurement under

- Ideal conditions (PV model)

- In practice (historical cost model)

Accounting income vs. Economic

income

Examine the use of fair value in accounting

measurement: definition, measurement

framework and disclosure

Review the time value of money concepts

and present value computations

Perform measurement under ideal conditions

and review its accounting implications

Examine the differences between economic

income & accounting income

FRS 113; NCKL on FRS

113; Linsmeier 2011;

Scott Ch 2; Solomons

1961

2

(20 Jan)

Seminar 3 (Mon/Tues)

Accounting measurement & income

concepts (cont.)

Asset recognition & measurement issues

Examine the differences between economic

income, comprehensive income &

accounting income

Discuss “recycling” and presentation (recent

changes) of comprehensive income

Review asset’s definition, recognition and

measurement issues

The Conceptual

Framework for Financial

Reporting (2011) Ch 4;

FRS 1; G4+1 1999;

IASB 2005; Ng & Tan

2009

AC2101 Semester 2 2013-14 9

Week No. Seminar No. & Topics Learning Objectives Readings

Seminar 4 (Wed/Thurs)

Introduction to leases

Accounting for leases under FRS 17

Understand the use of leases in business

and the fundamentals of lease accounting

Understand the accounting requirements of

operating and finance leases for both lessee

and lessor

FRS 17; NCKL on FRS

17

3

(27 Jan)

Seminar 5 (Mon/Tues)

Leases

- Accounting for leases under FRS 17

- Investment property held by lessee

under an operating lease (FRS 40)

- Sales-type lease & sale and leaseback

arrangements

Understand the accounting requirements of

operating and finance leases for both lessee

and lessor (cont.)

Understand the accounting of investment

property held by lessee under an operating

lease under FRS 40

Understand the accounting requirements for

a sales-type lease and sales and leaseback

arrangement

Identify potential usage of leases in

earnings management & the accounting

implications

Per Seminar 4; FRS 40;

NCKL on FRS 40

Seminar 6 + Project 1 (Wed/Thurs)

Leases

- Review proposed changes

Understand the implications of lease

classification on financial statements

Critique the current lease accounting

requirements

Review the proposed changes to lease

accounting

Per Seminars 4 & 5;

Imhoff et al. 1991, 1997;

Leases ED

4

(3 Feb)

No class on

Mon/Tues due

to public

holiday

Seminar 7 + Projects 2 & 3

(Wed/Thurs)

Leases

- Review

Applications of Lease Accounting Per Seminars 4 to 6

AC2101 Semester 2 2013-14 10

Week No. Seminar No. & Topics Learning Objectives Readings

5

(10 Feb) Seminar 8 (Mon/Tues)

Financial assets (FA)

- - Introduction to FA

- - FA recognition and measurement

- Accounting for FA under FRS 39

Understand the recognition and

measurement rules for different financial

assets under FRS 39

Examine the issues and financial statement

effects of the different measurement

methods for financial assets

FRS 39 and Appendix on

financial assets

(excluding hedge

accounting); NCKL on

FRS 39

Seminar 9 (Wed/Thurs)

Financial assets (FA)

- FA recognition and measurement

(cont.)

- Impairment and derecognition issues

- Accounting for

impairment/derecognition of FA under

FRS 39

Understand the recognition and

measurement rules for different financial

assets under FRS 39 (cont.)

Examine the issues and financial statement

effects of the different measurement

methods for financial assets (cont.)

Examine the impairment and derecognition

of financial assets under FRS 39

Per Seminar 8

6

(17 Feb) Seminar 10 + Project 4 (Mon/Tues)

Financial assets (FA)

- Disclosures

Conclusion on financial assets

- Future direction of IFRS 9

Understand the disclosures related to FRS

107

Understand the future direction of IFRS 9

relating to financial assets

Applications of financial asset accounting

Per Seminar 8; FRS 107;

NCKL on FRS 107;

IFRS 9, IFRS (2012)

Seminar 11 (Wed/Thurs)

Introduction to liabilities

Financial liabilities

- Recognition, measurement &

derecognition issues

Understand the nature and characteristics of

liabilities

Examine the general issues relating to

recognition of liability

Examine FRS 39 provisions on recognition,

measurement and derecognition of financial

liabilities

FRS Framework; FRS 39

and Appendix relating to

financial liabilities

(excluding financial

guarantee contracts);

NCKL on FRS 39;

Gaynor et al. 2011

AC2101 Semester 2 2013-14 11

Week No. Seminar No. & Topics Learning Objectives Readings

7

(24 Feb)

No class on

Wed/Thurs

Seminar 12 + Project 5 (Mon/Tues)

Conclusion on financial liabilities

- Future direction of IFRS 9

Understand the future direction of IFRS 9

relating to financial liabilities

Applications of financial liabilities

accounting

Per Seminar 11; IFRS 9

on financial liabilities;

IFRS (2012)

Term Quiz

(Fri 4:30 to 6:30 pm in LKC-LT) Assess students’ understanding of course

materials covered in Seminars 1 to 12

All materials assigned &

discussed

(3 Mar) ONE WEEK RECESS

8

(10 Mar)

Seminar 13 (Mon/Tues)

Income Taxes

- Introduction to deferred tax accounting

- Basic concepts and principles

- Accounting for current and deferred

tax under FRS 12

Examine the objective and purpose of

deferred tax accounting

Understand the concepts of permanent and

temporary differences

FRS 12; NCKL on FRS

12

Seminar 14 (Wed/Thurs)

Income Taxes

- Accounting for current and deferred

tax under FRS 12 (cont.)

Understand the relationship between current

tax liability/asset and deferred tax

liability/asset

Understand the balance sheet liability

approach to DT accounting

Understand Tax Losses Carry Back and

Carry Forward

Per Seminar 13

9

(17 Mar)

Seminar 15 (Mon/Tues)

Income Taxes

- Accounting for current and deferred

tax under FRS 12 (cont.)

Understand Tax Losses Carry Back and

Carry Forward (cont.)

Understand the Measurement, Presentation

and Disclosures of Current and Deferred

Taxes

Per Seminar 13

AC2101 Semester 2 2013-14 12

Week No. Seminar No. & Topics Learning Objectives Readings

Seminar 16 + Projects 6 & 7 (Wed/Thurs)

Income Taxes

- Application

- Conclusion

Further applications of FRS 12 Per Seminar 13

10

(24 Mar)

No class on

Mon/Tues as

Seminar 17 is

an e-lecture

Seminar 17#

Equity vs. liability

- Substance over form; Split accounting

for hybrid instruments; Offsetting

assets and liabilities

Appreciate the difference between ‘equity’

and ‘liability’

Understand split accounting for hybrid

instruments from issuer’s perspective

Examine the presentation issues in FRS 32

FRS 32; NCKL on FRS

32

Seminar 18 (Wed/Thurs)

Revenue recognition

- Principles & criteria

- Customer loyalty programme

Review the revenue recognition criteria

Discuss specific revenue recognition issues

relating to different sales arrangements

Understand the recognition and

measurement of customer loyalty

programmes

FRS Framework; FRS 18

including Illustrative

Examples; NCKL on

FRS 18; INT FRS 113;

NCKL on INT FRS 113;

Kahn 2000; Samuelson

1993

11

(31 Mar)

Seminar 19 (Mon/Tues)

Introduction to construction contracts

Construction contracts recognition &

measurement

Introduction to construction contract

accounting

Understand the revenue recognition,

measurement and disclosure issues relating

to construction contracts

FRS 11; NCKL on FRS

11

Seminar 20 (Wed/Thurs)

Construction contracts recognition &

measurement (cont.)

Construction contracts

- Borrowing costs

Real estate development

Understand the revenue recognition,

measurement and disclosure issues relating

to construction contracts

Comprehend the treatment of borrowing

costs under FRS 23 and its relation to

construction contracts

FRS 11; FRS 11

Illustrative Examples;

NCKL on FRS 11; FRS

12; NCKL on FRS 12;

FRS 23; NCKL on FRS

23; INT FRS 115 and

AC2101 Semester 2 2013-14 13

Week No. Seminar No. & Topics Learning Objectives Readings

Understand the implications of INT FRS 115

to real estate agreement accounting

Accompanying Note;

ICPAS Technical and

Clarification Note (2011)

12

(7 Apr)

Seminar 21 + Projects 8 & 9 (Mon/Tues)

Review proposed changes to revenue

and construction contract accounting

Review the proposed changes to revenue

and construction contract accounting

Applications of customer loyalty

programme accounting and construction

contract accounting

Per Seminar 19; Revenue

from Contracts with

Customers ED

Seminar 22 (Wed/Thurs)

Expense recognition & measurement

issues

Share-based payments to employees

- An Introduction

- Vesting and nonvesting conditions

- Equity-settled vs. cash-settled

- Accounting of ESO under FRS 102

Review the expense recognition principles

Appreciate the nature of share-based

payment transactions & the business case

for employee stock options (ESO)

Understand vesting and non-vesting

conditions and implications for

measurement of share-based payment

transactions

Discuss and understand the different

share-based payment transactions with

employees and their accounting treatments

Understand the accounting treatment of

share-based payment transactions upon

cancellation/settlement

Discuss whether stock option is

conceptually an expense

FRS 2; FRS 16; FRS 36;

FRS 37; FRS 38; FRS

102; NCKL on related

FRSs; Bodie et al. 2003

13

(14 Apr)

Seminar 23 (Mon/Tues)

Share-based payments to employees

- Group-based transactions

- Deferred Taxes

- Related Companies Act provisions &

Income Tax Rules

Discuss and understand the various group

share-based payment transactions and their

accounting treatments

Understand Companies Act provisions and

Income Tax rules relating to share-based

payments

FRS 102; NCKL on FRS

102; FRS 12; Companies

Act (Amendment) 2005;

IRAS E-tax Guide

(2011)

AC2101 Semester 2 2013-14 14

Week No. Seminar No. & Topics Learning Objectives Readings

- Disclosure Issues

- Conceptual Issues

Understand deferred tax issues relating to

share-based payments

Understand disclosures issues relating to

share-based payments

Seminar 24 + Project 10 (Wed/Thurs)

Share-based payments to employees

- Application

Employee benefits accounting

Applications of share-based payments

accounting

Examine employee benefits accounting

Review session

Per Seminar 22; FRS 19;

NCKL on FRS 19

# e-Learning scheduled for this seminar session in conjunction with the school’s e-learning project. More details will be announced during the

semester.