Advanced Diploma Programme in Accounting

The Advanced Diploma Programme in Accounting is designed for individuals who wish to develop knowledge and skills in accountancy and pursue a career in the accounting profession. The programme aims to provide students with a solid and substantial knowledge in financial accounting, management accounting, taxation, and law.

Programme Objectives

The programme objectives are to enable students to acquire concrete and practical knowledge and skills in accountancy for future career advancement and for pursuing their professional qualifications in accounting.

Programme Structure

The programme consists of 8 modules with 280 contact hours. Participants may normally complete the programme in 18 months on a part-time basis.

Modules

1. Financial Accounting (35 hours)
   • Role and function of accounting
   • Conceptual framework of financial accounting
   • Regulatory framework of financial reporting
   • Accounting records, procedures, and systems
   • Application of accounting theories
   • Preparation of financial statements for different types of entities
   • Interpretation of accounts
   • Ethics for the accounting profession
2. Organization and Management (35 hours)
   • Approaches of management, organizational structure, and systems
   • Operations management and efficiencies in production and service provision
   • Leadership and management styles
   • Marketing principles and concepts
   • Human resources management in an organization
   • Impacts of government policies to business organization
3. Cost Accounting (35 hours)
   • Overview of cost and management accounting
   • Cost ascertainment and classification
   • Different types of costing system
   • Accounting systems and costing records
   • Techniques for short-term decision
   • Techniques for cost controls
   • Budgetary control and financial planning
4. Business Law (35 hours)
   • Legal system in Hong Kong
   • Law of contract
   • Contract for sale of goods and services
   • Law of tort and negligence
   • Law of employment
   • Agency law
   • Formation and constitution of partnership
5. Management Accounting (35 hours)
   • Standard costing system for planning and control
   • Back-flush accounting applied in manufacturing process
   • Target costing in service and other industries
   • Life-cycle costing on cost planning and analysis
   • Activity-based costing and value chain analysis
   • Throughput accounting and multi-product decisions
   • Pricing and buy-or-make decisions
6. Company Law (35 hours)
   • Formation and constitution of business organization
   • Financing and capital of companies
   • Management and administration of companies
   • Reconstruction and winding up
   • Corporate governance and social responsibilities in business
7. Hong Kong Taxation (35 hours)
   • HKSAR tax system and sources of tax rules
   • Property tax
   • Salaries tax
   • Profits tax
   • Personal assessment
   • Tax administration
8. Performance Management (35 hours)
   • Overview of performance measurement
   • Budgetary control system in performance hierarchy
   • Control and performance measurement of responsibility centres
   • Transfer pricing and divisional performance
   • Behavioural and external considerations

Admission Requirement

Applicants must:

• Have five passes in HKCEE, or equivalent qualification; or
• Have Level 2 in five subjects in Hong Kong Diploma of Secondary Education (HKDSE) Examination, or equivalent qualification; or
• Be a mature student at the age of 21 or above with relevant working experience.

Professional Recognition

The Association of Chartered Certified Accountants (ACCA) grants a maximum of six paper exemptions to graduates of the Advanced Diploma in Accounting. These exemptions include:

• Business and Technology (BT)
• Financial Accounting (FA)
• Management Accounting (MA)
• Corporate and Business Law (LW)
• Performance Management (PM)
• Taxation (TX)

Continuing Education Fund (CEF)

This course has been included in the list of reimbursable courses under the Continuing Education Fund. The course is recognized under the Qualifications Framework (QF Level 4).

Application Procedures

• Online enrollment: Submit application via online enrollment system and email supporting documents.
• Enrollment by paper form: Submit duly completed "Enrolment Form for Certificate and Diploma/Professional Programmes" with required documents.

Exemption Policy

Exemptions may be granted for a module at the discretion of the School if the applicant has successfully completed a module of equivalent content and standard at a recognized tertiary institution or through a professional examination. Exemption is normally granted at a maximum of 50% of the total number of modules.

Disclaimer

In case of any discrepancy between the English version and the Chinese version, the English version shall prevail.