Financial Accounting and Reporting

Hervé Stolowy, PhD, is Professor of Accounting at HEC Paris where he teaches financial accounting and reporting in undergraduate, graduate (MSc), MBA and EMBA programs. Hervé is past Editor of European Accounting Review and an editorial board member of Contemporary Accounting Research and the Journal of International Business Studies. He is a certified ‘expert comptable’ (French equivalent of a chartered accountant or certified public accountant). Hervé’s research and teaching interests span financial and international accounting and focus more specifically on accounting fraud, accounts manipulation, whistleblowers, activist short sellers, non-financial information, ESG reporting and performance, intangibles, and international accounting harmonization. He has published 10 books, chapters in 15 collective works and published over 90 articles in academic and applied journals, including Abacus, Accounting, Auditing & Accountability Journal, Accounting, Organizations & Society, Comptabilité – Contrôle – Audit, Contemporary Accounting Research, European Accounting Review, The International Journal of Accounting, Issues in Accounting Education, Journal of Accounting and Public Policy, Journal of Business Law, Journal of International Business Studies and Strategic Management Journal. Yuan Ding, PhD, is Cathay Capital Chair Professor in Accounting at CEIBS (China Europe International Business School) and was its Vice President and Dean from 2015 to 2023. Prior to joining CEIBS, he was a tenured faculty member at HEC Paris, France. Yuan lectures in financial accounting, financial statement analysis, international accounting, corporate governance and mergers/acquisitions in Masters of Science in Management, MBA, EMBA and PhD programs in Europe and China. He has had research papers published in several academic journals and in leading French academic journals, including Accounting, Organizations & Society, European Accounting Review, Journal of Accounting and Public Policy, Journal of Business Venturing, Journal of International Business Studies and Journal of Business Ethics. Luc Paugam, PhD, is Associate Professor in Accounting and Management Control at HEC Paris, where he teaches financial accounting and reporting in undergraduate, graduate (MSc), MBA and EMBA programs. Prior to joining HEC Paris, Luc has been a consultant in corporate finance, an associate professor at ESSEC Business School and a visiting scholar at the University of Houston. Luc is an associate editor of European Accounting Review, an editorial board member of Accounting and Business Research, Accounting in Europe and a member of CFA Society France. Luc’s research focuses on issues surrounding financial reporting of M&As (goodwill, intangible assets), corporate whistleblowing, ESG and bank reporting. He has published in several academic journals including Abacus, Accounting, Organizations & Society, Comptabilité – Contrôle – Audit, Contemporary Accounting Research, European Accounting Review, Journal of Accounting and Public Policy, Journal of Business Law, Journal of Business Finance & Accounting and Strategic Management Journal.

Part I: Introduction to Financial Accounting
1. Accounting: The Language of Business
2. Introduction to Financial Statements
3. Financial Statements: Interrelations and Construction
4. Accounting Principles and End-of-period Adjustments
Part II: Major Accounting Topics
5. Regulation of Accounting and Financial Reporting
6. Revenue Recognition Issues
7. Tangible Assets
8. Intangible Assets
9. Inventories
10. Financial Instruments in the Statement of Financial Position
and Fair Value Accounting
11. Shareholders’ Equity
12. Liabilities and Provisions
13. Business Combinations
Part III: Financial Statement Analysis
14. Analysis of the Income Statement
15. Analysis of the Statement of Financial Position/Balance Sheet
16. Statement of Cash Flows Construction
17. Analysis of the Statement of Cash Flows and Earnings Quality
18. Ratio Analysis, Financial Analysis and Beyond