國(guó)際會(huì)計(jì)(雙語(yǔ))國(guó)際會(huì)計(jì)(雙語(yǔ))大綱

1、（雙語(yǔ)）課程教學(xué)大綱課程編號(hào)：02133制定單位：會(huì)計(jì)學(xué)院制定人（執(zhí)筆人）：宋京津，王宏審核人：余新培制定（或修訂）時(shí)間：2011 年 8 月 26 日江西財(cái)經(jīng)大學(xué)教務(wù)處國(guó)際會(huì)計(jì)（雙語(yǔ)）課程教學(xué)大綱、課程總述本課程大綱是以2011年國(guó)際會(huì)計(jì)（雙語(yǔ)）本科專業(yè)人才培養(yǎng)方案為依據(jù)編制的。課程名稱國(guó)際會(huì)計(jì)（雙語(yǔ)）課程代碼02133課程性質(zhì)P專業(yè)選修課先修課程會(huì)計(jì)學(xué)基礎(chǔ)、中級(jí)會(huì)計(jì)學(xué)、高級(jí)會(huì)計(jì)學(xué)總學(xué)時(shí)數(shù)32周學(xué)時(shí)數(shù)2開課院系會(huì)計(jì)院任課教師宋京津、章美珍、王宏、何燕芳編寫人王宏編寫時(shí)間2011年8月26日課程負(fù)責(zé)人來(lái)京津大綱主審人余新培使用教材國(guó)際會(huì)計(jì)學(xué)，朱京津主編，中國(guó)財(cái)政經(jīng)濟(jì)出版社教學(xué) 參考資料1、國(guó)際

2、會(huì)計(jì)學(xué) Frederick D. S. Choi Gary K. Meek者，方紅星 改編，東北財(cái)經(jīng)大學(xué)出版社2、 Financial reporting (international),ACCAThe official text for theprofessionalqualification,ACCA officialpublisher December2004/June 20053、Carl S. K. Warren 2002,Accounting, 20 th ed, South-Western CollegePublishing, a division of Thomson Lear

3、ning.4、Rick Antle 2002, Financial accounting, South-Western College Publishing, a division of Thomson Learning.課程教學(xué)目的The objective of the curricula is to sensitize students to the internationaldimensions of accounting, financialreporting,andfinancialcontrol.The world in which they will pursue their

4、professionalcareers is a world dominated by global business and investment decisions. As most of these decisions are premised on financial data, knowledge of internationalaccounting is crucial for achieving proper understandingin external and internal financial communications.課程教學(xué)要求The course of stu

5、dy will consist of lectures, reading assignment, homework problems, class discussions and activities,and examinations.Class attendance is requirement of this course. Students are requiredto attend each class, and remain in class for the entire session, unless conditions over which they have no contr

6、ol prevent their being present and/or remaining for the entire class session.Prior to each class session, students are required to complete the reading and homework problem assignments prescribed in last session. A short quiz may be given each week on the assigned readings.本課程的 重點(diǎn)和難點(diǎn)1. ACCOUNTING FO

7、R CURRENCY EXCHANGE RATE CHANGES2. SELECTED FINANCIAL REPORTING AND DISCLOSURE ISSUES IN THE GLOBA CONTEXT課程考試方式開包有鳳，為旦宗、為：1. Major internationalorganizations promoting accountingharmonization2. Foreign currency transactionsand Foreign currencytranslation3. Types of inflationadjustments: General pri

8、ce-leveladjustments and current cost adjustments4. The Role of Financial Reporting in Emerging Capital Markets5. Explanation of some accounting key terms13、教學(xué)時(shí)數(shù)分配章目教學(xué)內(nèi)容學(xué)時(shí)教學(xué)時(shí)3:課堂講授致分配實(shí)驗(yàn)（上機(jī)）0Introduction to the course22ChaperlEnvironment factors for financial reporting;Internationalizationofcapital ma

9、rkets22Chaper2Overview ofmajor internationalorganizationspromoting accountingharmonization44Chaper3Foreign currency transactionsandforeign currency translation44Chaper4Business combination88Chaper5Consolidated financial statement22Chaper6Accounting for changing price22Chaper7Accounting for financial

10、 instruments22Chapter8 Financialreportingin differentcountries44Chapter9Corporate governance22合計(jì)3232三、單元教學(xué)目的、教學(xué)重難點(diǎn)和內(nèi)容設(shè)置Study guide for international accountingCHAPTER 1Introduction to international accountingLEARNING OBJECTIVES:1. To identify and understand the importance of the eight factors that h

11、as a significant influence on accounting development.2. To understand the definition of IA of this textbook.3. To be familiar with the detailed contents of IACHAPTER OUTLINEDevelopment of IAEight factorsSources of Finance一In countries with strong equity markets, Disclosures are extensive to meet the

12、 requirements of widespread public ownership.-in credit-based systems where bans are the dominant source of finance, accounting focuses on creditor protection through conservative accounting measurements.Development of IALegal System. The legal system determines how individuals and institutions inte

13、ract.Taxation . tax legislation effectively determines accounting standards because companies must record revenues and expenses in their accounts to claim them for tax purposes.Political and Economic Ties. Accounting ideas and technologies are transferred through conquest, commerce, and similar forc

14、es.Development of IAInflation. Inflation distorts historical cost accounting and affects the tendency of a country to incorporate price changes into the accounts.Level of Economic Development. This factor affects the types of business transactions conducted in an economy and determines which ones ar

15、e most prevalent.Development of IAEducation Level. Highly sophisticated accounting standards and practices are useless if they are misunderstood and misused.Culture. Cultural variables underlie nations institutional arrangements(such as legal systems)Definition of IAInternational accounting can be v

16、iewed in terms of the accounting issues uniquely confronted by companies involved in international business. It also can be viewed more broadly as the study of how accounting is practiced in each and every country around the world, learning about and comparing the differences in financial reporting

17、and other accounting practices that exist across countries.Definition of IAThis book is designed to be used in a course that attempts to provide an overview of the broadly defined area of international accounting, and that focuses on the International Financial Reporting Standards (IFRSs) issued by

18、International Accounting Standards Board (IASB) and some international hot topics.Detailed Contents on IAInternational accounting is a well-established specialty area within accounting and has two major dimensions:Comparative: Examining how and why accounting principles differ from country to countr

19、yPragmatic: accounting for the operational problems and issues encountered by individuals and firms in international business.Detailed Contents on IAL. Radebaugh and S. Gray (1993, p. 9) also write that the study of international accounting involves two major areas: descriptive/comparative accountin

20、g and the accounting dimensions of international transactions/multinational enterprises.principally covers the problems encountered by multinational corporations: Financial reporting problems, translation of foreign currency financial statements, information systems, budgets and performance evaluati

21、on, audits, and taxes.Objectives of Research on IAGlobal Harmonization. As business entities increasingly operate in multiple counties, they encounter the cost of dealing with diversity in financial reporting requirements.Financial Reporting in Emerging Economics. As ever increasing amounts of capit

22、al are invested in countries with emerging economics, the quality of financial reporting in these countries is coming under the microscope.Objectives of Research on IASocial and Environmental Reporting. One of the consequences of the globalization of business enterprises is that companies now have s

23、takeholders not just in their home country but in all the countries where they operate.CHAPTER 2International accounting harmonizationLEARNING OBJECTIVES:1. Recognize the arguments for and against harmonization.2. Identify the pressures for and the obstacles to harmonization.3. Become familiar with

24、the main organizations involved in harmonization.CHAPTER OUTLINEHistory and Recent DevelopmentsPrior to 1960, there was little effort devoted to the international harmonization of accounting standards.Efforts have been made by a number of organizations to reduce the differences between accounting sy

25、stems since then.Main International Bodies InvolvedPrinciples-Based vs. Rules-Based ApproachesPrinciples-based standards represent the best approach for guiding financial reporting and standard setting, of any given transaction.Rules-based standards provide companies the opportunity to structure tra

26、nsactions to meet the requirements for particular accounting treatments.Obstacles to HarmonizationDifferences in the regulatory framework .The "true and fair view".The various interpretation of fundamental principle .A binding tax accounting link Likely future trendsThe convergence of IAS

27、and national accounting standards is, and always has been one of the IASB's key objectives. Three basic future roles exist for the IASB:Producing standards for those countries that have no standards of their own Assisting in the reduction of diverse national practices Acting as an umbrella organ

28、izing for national standard settersImplicationThe demand of international capital markets helps to drive harmonization. IASB has become more cognizant of the need to work with national standard setters and bring them into membership of IASB, which may be possible to eliminate the differences between

29、 national and international standards.The current agreement could then be viewed as the first step in a much longer process.IASB ( International Accounting Standards Board)IASB's responsibilities:Develop and issue International Financial Reporting Standards and Exposure Drafts, andApprove Interp

30、retations developed by the International Financial Reporting Interpretations Committee (IFRIC).CHAPTER 3 ACCOUNTING FOR FOREIGN CURRENCYLEARNING OBJECTIVES:1. Provide an overview of foreign exchange markets and define related terminology.2. Describe the different types of foreign exchange exposure a

31、nd exchange difference.3. Understand some of the more common foreign currency transactions.CHAPTER OUTLINEAccounting for Foreign Currency Transactionsa transaction that requires payment or receipt (settlement) in a foreign currency is called a foreign currency transaction.Exchange difference is the

32、difference resulting from reporting the same number of units of a foreign currency in the reporting currency at different exchange rates.Accounting for Foreign Currency TransactionsImporting or Exporting of Goods or ServicesAt the date the transaction is first recognized.At each balance sheet date t

33、hat occurs between the transaction date and the settlement date.At the settlement date.Accounting for Foreign Currency TransactionsRecognition of Exchange Differencesthe single- transaction approachthe two- transaction approachHedging Foreign Exchange Rate RiskA derivative instrument may be defined

34、as a financial instrument that by its terms at inception or upon occurrence of a specified event, provides the holder (or writer) with the right (or obligation) to participate in some or all of the price changes of another underlying value of measure, but does not require the holder to own or delive

35、r the underlying value of measure.Hedging Foreign Exchange Rate Risktwo broad categoriesForward-based derivatives, such as forwards, futures, and swaps, in which either party can potentially have a favorable or unfavorable outcome, but not both simultaneously (e.g., both will not simultaneously have

36、 favorable outcomes).Option-based derivatives, such as interest rate caps, option contracts, and interest rate floors, in which only one party can potentially have a favorable outcome and itagrees to a premium at inception for this potentiality; the other party is paid the premium, and can potential

37、ly have only an unfavorable outcome.Hedging Foreign Exchange Rate RiskForward Exchange ContractsOptionsFair Value HedgeUsing a Forward ContractHedging an Identifiable Foreign Currency Commitment Using a Forward Contract (A Fair Value Hedge)Hedging a Forecasted Transaction Using an Option (Cash Flow

38、Hedge)Translation Of Foreign Financial StatementsDerivation of the Issue of Foreign Currency TranslationTranslation exposure, sometimes also called accounting exposure, refers to gains or losses caused by the translation of foreign currency assetsand liabilities into the currency of the parent compa

39、ny for accounting purposes.The choice of any method for the translation of the financial statements of a foreign business operation involves two basic questions:(i) how shall foreign currency financial statements be translatedin particular what exchange rates are to be used for different assets/liab

40、ilities/equity accounts?(ii) how and when shall foreign exchange gains or losses be recognized?CHAPTER 4Business combinationsLEARNING OBJECTIVES:? (1)Understand the economic motivations underlying business combinations.? (2)Learn about the alternative forms of business combinations, from both the le

41、gal and accounting perspectives.? (3)Introduce concepts of accounting for business combinations? (4)emphasizing the purchase method.? (5)See how firms make cost allocatCHAPTER OUTLINE4.1 The Accounting Concept of Business Combinations4.34.44.2 The Legal Form of Business CombinationsReasons for Busin

42、ess CombinationsAccounting for Business Combinations Under the Purchase Method4.5 The measurement of Goodwill and ControversyCHAPTER 5Consolidated financial statementsLEARNING OBJECTIVES:(l)Recognize the benefits and limitations of consolidated financial statements. (2)Understand the requirements fo

43、r inclusion of a subsidiary in consolidated financial statements.(3)Apply the consolidation concepts to parent company recording of the investment in a subsidiary at the date of acquisition.(4)Allocate the excess of the fair value over the book value of the subsidiary at the date of acquisition.CHAP

44、TER OUTLINE5.1 Demand from IAS 275.2 The adjustment of Intercompany Transactions5.3 Parent Company Recording and Consolidated Statement of financial position at Acquisition Date5.4 Subsequent Statement of financial positionCHAPTER 6Accounting for changing priceLEARNING OBJECTIVES:1. Explain basic co

45、ncepts relating to inflation accounting. Understand the distinction between changes in the general level of prices in an economy, which affect the purchasing power of the measuring unit, and changes in the prices of specific assets and liabilities, which affect balance sheet valuations and income me

46、asurement.2. Explain the underlying thoughts and methods of dealing with inflation.3. Restate conventional financial statements based on historical costs to a common measuring unit.CHAPTER OUTLINEDefects of historical cost accountingThe results of comparison of performance and position statements ov

47、er time will be unreliable, because amounts are not valued in terms of common units. Borrowings are shown in monetary terms, but in a time of rising prices a gain is actually made (or a loss in times of falling prices) at the expenseof the lender as, in real terms, the value of the loan has decrease

48、d or increased. Conversely, gains arising from holding assets are not recognized.Depreciation writes off the historical cost over time, but, where asset values are low (because based on outdated historical costs), depreciation will be correspondingly lower, so that a realistic charge for asset consu

49、mption is not matched against revenue in the performance statements.Overview of Accounting for changing pricesChanging prices affect financial reports in two principal ways:Measuring unit problemValuation problemAccounting Measurement AlternativesAcquisition Cost/Nominal Dollar AccountingAcquisition

50、 Cost/Constant Dollar AccountingCurrent Cost/Nominal Dollar AccountingCurrent Cost/Constant Dollar AccountingRestatement of Monetary and Non-monetary ItemsA monetary item is a claim receivable or payment in a specified number of dollars, regardless of changes in the purchasing power of the dollar.A

51、non-monetary item is any asset, liability, or shareholders equity account that has no claim to or for a specified number of dollars.Evaluation of Acquisition Cost/Constant Dollar AccountingWhen compared with current-cost accounting (discussed next), constant-dollar accounting carries a higher level

52、of objectivity. Independent accountants can examine canceled checks, invoices, and other documents to verify acquisition-cost valuations and transaction dates. The restatements to constant dollars use general price indexes published by governmental bodies.Evaluation of Current Cost/Nominal Dollar Ac

53、countingCurrent-cost accounting measuresperformance and financial position in terms of the current market prices. Managers likely make decisions in terms of current costs, not out-of-date acquisition costs. Thus, for assesing management" sactions, current-cost financial statements provide infor

54、mation on the same basis that management used to make decisions.Critics note two shortcomings of current cost/nominal dollar accounting: auditors cannot as easily verify current-replacement-cost valuations as they can acquisition-cost valuations.the use of nominal dollars means that the measuring un

55、it underlying current-replacement-cost valuations varies across time.CHAPTER 7Accounting for financial instrumentLEARNING OBJECTIVES:1. Examine budgeting and performance evaluation issues for international firms.2. Discuss global risk management tools and strategies including multinational capital b

56、udgeting and foreign exchange risk management.3. Identify the main constituents of cross-border transfer pricing policies, define the transfer pricing methods, and consider the issues in devising a transfer pricing strategy.4. Recognize the critical role of information technology systems in the effe

57、ctive recording, processing and dissemination of financial and managerial accounting information.CHAPTER OUTLINE1 Challenge for the accounting profession2 Accounting and Reporting for Financial Instruments: International Developments In the process of completing the most recent series of amendments, the IASB conducted an extensive due process,which began in 2001 and included the following:(1) Conducting numerous board deliberations prior to the June 2002 exposure drafts;1.1 Overview of IAS 32The following are the major U.S.