All School of Accountancy courses are designed to meet certain learning goals and objectives. Some learning goals are addressed at course level, some at program level. This course specifically contributes to the development of the following course level learning goals:
- Our students can recognize, develop, measure, record, validate and communicate financial and other related information.
- Our students can analyze, synthesize and evaluate financial and other related information for decision making in a management context.
- Our students understand and can apply business concepts and principles.
- Our students can communicate effectively in a business context.
- Our students understand the principles of leadership and team building in a business context.
- Our students can recognize and incorporate ethical and social responsibility considerations in decision making.
Students are expected to demonstrate the following technical abilities upon completion:
- Understand and able to choose among different incorporation options available to entrepreneurs, in particular the incentives, income tax and corporate tax implications in Singapore.
- Understand the general terms on financial statements without going through detail double entries and to apply them to real businesses.
- Compute simple ratios and make inferences based on reasonable examination of financial statements, which are critical for business and funding purposes.
- Understand and be able to manage critical factors which include short and long-term financial planning, pricing of products, and managerial planning and control systems for small businesses as well as new start-ups.
- Understand the increasing relevance of recent trends, such as: sustainability accounting; and how it affects the bottom line for entrepreneurs.
- Appreciate the importance of having good business ethic.
In addition, learning outcomes should be beyond just technical proficiencies. In particular, this course seeks to develop certain skills and attributes.
- Analytical: Analytical skills will be developed through various problem solving and case analyses. The course will provide the tools for students to use and analyse accounting data, financial reports and information to make informed decisions.
- Communication: Students will be required to actively participate in the class discussions and through written report and discussion of the company analysis project.
- Team work: Team projects, discussions and presentations will be important elements of the course. All students will be required to work in teams. They are expected to work as partners and share the work load.
- Active learning: Students will be expected to venture beyond prescribed readings and text. The company analysis project will allow students to take an active role in their understanding of how the end products of an accounting system serve information need of users.
- Professional ethics: Ethical issues are discussed and cases will be reviewed. This introductory course provides the opportunity to emphasize the needs for the highest ethical behaviour for corporate executives and corporations.
Students performed an in-depth market analysis on the potential needs of customers within the vicinity of the new and existing locations, as well as a business strategy for the business.
Students identified specific opportunities, gaps, threats and target markets that the service offerings can exploit based on the competitor analysis -- including possible new product mix or pricing strategy. Students also devised a business strategy for the business, including budgeting and profitability analysis.
This SMU-XO course offers an international experiential learning opportunity that allows students to translate classroom knowledge and theory into practical solutions for various institutions. In addition to visiting law firms, government agencies and companies, student will also participate in a consultancy project. Through the project, students will learn how to solve business problems with guidance from the faculty and project sponsor mentors. The project will focus on evaluating legal problems in different areas of law and recommending/applying solutions to these problems.
Students worked on legal memoranda that can benefit the practical operations of organisations (such as the law reform committee and foreign embassies) and enrich the comparative law aspects of future Taiwanese law.
For most of the competitions, teams will be expected to produce at least one substantial memorial, produced progressively over a minimum of 3 coach-vetted drafts; in some competitions, there are national/regional qualification rounds for the oral rounds. After the memorials have been submitted, teams will undergo 20-50 practice rounds.
Depending on the type of application chosen for the project work, students will learn one or more of the following areas:
- Document assembly and expert systems;
- Chatbots;
- Machine learning and natural language processing;
- Data analysis and visualisation;
- Cloud computing services;
- Search and information retrieval.
Students designed and built a digital prototype where it can enhance access to justice for members of the public who are seeking legal help, and also to track the number of pro bono hours put in by any lawyers who participated in providing their services.
This course aims to help students: Understand the keys theories and strategies in Monetary Policy and Financial Markets Management especially from the Central Bank's point of view, Solve real-world problems to a Central Bank (related to Monetary Policy or Financial Markets) and learn how to work in a project group, Gain insight into financial markets an well as the business environment and culture in Vietnam through mini cultural activities and Vietnam theme presentations, Develop potential networking, and other life skills through the study mission (if travel al- lowed) and by interacting with business leaders in Vietnam (through guest speaker sessions).
Students evaluated the alternative choices of monetary policy instruments for Vietnam, and proposed recommendations to the project champion on how they can approach their work.
This course enables students to learn from and interact with the partners on real-world issues, problems, and policies related to the family and the society at large, especially for the case of Singapore. Students start with some economic theories, and will need to extend quickly to other disciplines such as sociology, social work, psychology, law, and politics, and hence inter-disciplinary in nature. The topics to be covered are experiential and evolving, according to the current issues or challenges faced by the partners. In essence, students learn not just theories, but also have an opportunity to contribute in actual research and practices of the partners.
Students examined the mobility of young people today through understanding the role of the family in the formation of expectations, aspirations and capital, and how competing expectations and unmet aspirations might affect wellbeing.
Students analysed the cost incurred by families and the society at large on the issue of the rising trend of vulnerable youths with mental health conditions.
Students researched on the challenges and opportunities related to the upward mobility of workers, including the relationship of upward mobility investment with workers' satisfaction with family, confidence in government policies on retirement and savings, and economic status of their children.
The objective of this course is to gain understanding of basic concepts of economics of health and health care. By the end of the course, students will be equipped to evaluate current health care policy issues from an economic perspective.
Students studied and researched the various impact of COVID-19, exploring telemedicine as an upcoming trend in South East Asia and as well as understand the status of digitalization and modernization in healthcare in emerging South East Asia Countries, as well as to understand the digitalization and modernization level of healthcare in emerging South East Asia countries.
Students investigated on the economic dynamics and implications of COVID-19 vaccines in Singapore, which provided insights for better decision making.
Upon completing this course, students should possess the strategic foresight and reflexivity to identify and respond to potential barriers, opportunities and signals of change for arts and culture, as well as develop the competencies required to be astute arts and cultural managers.
Students explored the past, present and future roles of arts management in a chosen art world in Singapore, which range from visual art galleries to art photography and theatre intermediary spaces, and presented their findings to unearth fresh and evidence-based perspectives on the needs, gaps, challenges and opportunities facing arts managers in Singapore.
Students explored main challenges local emerging artists faced, and recommended what potential roles arts managers can do to mitigate such challenges, in hope to provide a more nurturing visual arts ecosystem where local commercial contemporary art galleries can be a 'home' for local emerging artists.
The course will allow students to develop skills to present and analyze topical issues, prepare reports with their research findings and exercise creativity in generating useful recommendations (in the form of law, policy and/or technology solutions) to deal with real problems.
Students explored the use of digital technologies (such as 3D printing etc), and suggested ways that addresses disruptions faced in the current legal landscape.
Imagine the following scenario: A Singaporean mediator is asked to mediate a professional negligence dispute. The plaintiff is based in Indonesia, the defendant accounting firm is in the Netherlands, and the defendant's insurer has its headquarters in the United States. All agree to attend mediation in Singapore. The preliminary discussions and meetings, however, take place via email and video-conference with all parties in their home countries. The mediation occurs and the parties reach a settlement, which the parties' legal representatives draft into contractual form.
Students conducted research on assigned jurisdictions and recommended how the Singapore convention on mediation can be adopted in that jurisdiction, including the steps need to be taken for adoption.