We are reaching out to let you know that Accounting, Business and Society: The Multi-faceted Role of Accounting course will close for new learner enrollment on August 31, 2022. Since you have already enrolled, you will continue to see it on your Coursera Dashboard as long as you remain enrolled in the course.
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Course Overview: https://youtu.be/v1JJ8y_Zq5U
Accounting professionals are open up for more tasks and duties that require their professional skills and knowledge nowadays, and yet not exerting their expertise just the way it used to be. Without bogging you down with the mechanics of accounting, this course provides an overview of the multi-faceted role of accounting in business and social contexts.
You will get to know the essential of businesses and how they must work around the notions of ethics, the corporate governance (CG) framework and how accountants function as one of the key players in the practices. An thriving area of corporate social responsibility (CSR) is also discussed.
An illustrative approach will be adopted and you will be surprised by how closely accounting is related to things happening around you in your daily lives.
By the end of the course, you are able to:
• Describe the accounting process and different forms of business entities
• Explain the regulatory framework of accounting profession, and how the profession can serve information needs of stakeholders of different forms of business entities
• Describe the broad framework of ethics, corporate governance, and corporate social responsibility, and their interrelationships
• Demonstrate the knowledge and respect of ethical behaviour of individuals, businesses, and professionals including accountants in particular
• Explain what are good governance practices and how accounting contributes to such, for both performance and conformance purposes
• Identify good or bad corporate governance and CSR practices of businesses, by making reference to real-life incidents
Accounting, Business and Society: The Multi-faceted Role of Accounting
The Hong Kong University of Science and Technology via Coursera
This course may be unavailable.
Overview
Syllabus
- Accounting and Business
- Welcome to the first module of this course! In this module, You will learn (1) what accounting is and (2) how it contributes to the health and growth of a business and, in turn, the society. Furthermore, you will come across (3) the various forms of business setups and (4) how limited liability companies become the mainstream business concerns for corporate governance practices.
- The Accounting Profession and Roles of Accountants
- We often hear that accounting is essential for businesses for various reasons, and that as a profession, accountants are looked upon to for protecting financial interests of stakeholders. In the second module, you are going to learn the institutional and regulatory frameworks of accounting professionals, that give accountants the creditability in their work, and brings the professionalism that they command. In addition, I shall show you not only the mainstream practices of accounting (1) Financial Reporting and (2) Auditing, but also other services that accounting professionals provide.
- Ethics and Accounting Profession
- From the previous modules, you have fully understood how accounting can help businesses perform for the betterment of society. Society may also demand businesses to be operated by conforming to his expectations by using accounting. Yet, the most crucial factor for success in the above is the quality of all parties concerned in regard to understanding the roles and also performing them faithfully. This quality is primarily founded on the notions of ethics. In this module, you will learn the notions of ethics. How it serves as the foundation for proper conduct of individuals, businesses and also professionals like accountants. You will have an opportunity to practice how to make ethical decisions using a classical case in this module.
- Corporate Governance (CG) and Corporate Social Responsibility (CSR)
- Ethical decisions made by companies are assured by way of corporate governance practices.
In this module, I shall elaborate on the concept of corporate governance (CG), its latest development, and how the Board and corporate governance professionals like accountants function as key players in the practices. I shall also cover Corporate Social Responsibility (CSR), which is a thriving area of companies’ practice. - Corporate Governance Case Study and Guest Interview
- The Enron Case is one of the biggest corporate scandals in recent years. Enron turned from an acclaimed company into the most infamous company in the world overnight. There were a number of corporate governance issues, leading to the scandal. In this module, let us now take a look at the case, as to how it happened and how he changed the world of corporate governance practices in his aftermath. To conclude the course, I invited an accounting practitioner for an interview and discuss the multi-faceted role of accounting professionals in the new era.
Taught by
Dennis Chan Suk Sun
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Reviews
4.5 rating, based on 90 Class Central reviews
4.7 rating at Coursera based on 181 ratings
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This course have helped me a lot to learn about the accounting and the business and about the society,this course have helped to gain the knowledge in the business firm and how to run the business in the society
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BAHAREH ERFANIAN OLFATIthis course is an amazing course in the area of accounting and business. everyone should take this course and gain more experience in their jobs. -
I find this course " Accounting, Business and Society: The Multi-faceted Role of Accounting easy to understand and very insightful
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The course gave me the insight about the fundamentals of accounting and its role to the society. Corporate governance issues in accounting and importance of ethical practice need to be followed. The Enron case gave insight about the failure of corporate governance and the impact of unethical practices imposed and its big failures which affect the shareholders interest. Overall I have learned about corporate ethics and importance of good governance.
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It took months to complete this course because there was nobody to review my final assignment and I also have no one to review. Coursera customer service rep, did not help at all, the only recommendation was to wait till someone review mine and wait till I have 2! assignments to review. so annoying! don't recommend it!
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This course u must pursue. It is very helpful to overcome in all business and accounting roles in commerce field that must known by every students now a days to complete their dream jobs and achieve their future plans. I suggest every student must enroll this course it is better secure helpful easy understanding and easy way of completion in limited time period.
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This course is very informative especially to students like me who takes Bachelor of Science in Accountancy. The execution of the lessons per module are very clear and easy to understand. All the activities and illustrations that were involved in the videos were also really helpful. I would definitely recommend others to take this course as well!
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It's a very helpful course for the students.
I've learned many new things from this course about accounting and business.
It's a good start for the beginners.
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I have got to know many things about accounting and business. This course is good for beginners.This course is very helpful for students. Examples are explained well .
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I getting a lot of new things and concepts to learn from this course. The teaching was good and the concepts were clear also good number of examples were given. The quizzes are amazing .
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Thank you for this course.I get know experience and knowledge in using different kind of tools which are useful and effective.I'II use some of them during my lessens.This is a very important course and it has helped me a lot.
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A good insight about the structure of business and how accounting plays a role in it.
It's helpful for beginners to understand.
The
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It's a simple and relaxed way of learning from a great teacher and well renowned university. casual way of talking about the subjects in the videos. I really enjoyed it and will take more classes in the near future.
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Excellent . I have learnt so many ideas and thoughts. Thanks a lot to instructor of this course Prof. Dennis chan. Overall learning i have enjoyed with due attention. So it is a great pleasure to me.
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The course is very nice, the opportunity to take this is a great one for student like me who are about to enter professional life. The activities, quizzes, and even the discussions are very interactive and informative for its students. Hopefully many more people would take courses like this and more future courses would be as interactive as "Accounting, Business and Society: The Multi-faceted Role of Accounting.
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It's a very helpful course for the students.
I've learned many new things from this course about accounting and business.
It's a good start for the beginners.
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It's a very helpful course for the students.
I've learned many new things from this course about accounting and business.
It's a good start for the beginners.
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Great course provided by coursera. Such a great course and helpful in my curriculum. I would recommend it to everyone in my college.
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The course was okay. I took it as an independent learning, not for any credit or certificate. Consequently, I skipped out on the final peer-reviewed assignment because it was not clear to me whether or not there even WERE any peers who were going to review the assignment...or if this this was simply an old video.
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It's a great course hmm hmm hmm hmm hmm hmm hmm hmm hmm hmm hmm hmm hmm hmm hmm hmm hmm hmm hmm hmm hmm hmm hmm hmm hmm hmm hmm hmm hmm hmm hmm hmm hmm hmm hmm hmm hmm hmm hmm hmm hmm hmm hmm hmm hmm hmm hmm hmm hmm hmm hmm hmm hmm nn hmm hmm hmm hmm
