The Hong Kong Polytechnic University
School of Accounting and Finance
AF3212 Fintech Application for Accounting and Finance Professionals
2022/2023 Semester Two
Instructor:
Office:
Phone Number:
E-mail Address:
Consultation hours:
Dr. Anson Wong / Dr. Rita Wong
M702 / M744
3400 3451 / 2766 4159
afanson@polyu.edu.hk / afrita@polyu.edu.hk
by email
Role and Purposes
The subject contributes to the achievement of the BBA (Hons) Programme Outcomes
by providing business students with an understanding of the application of technology
and analytics in accounting and finance from the managerial perspective (Outcome 6).
It helps students to identify the opportunities and challenges associated with the
application of latest technology in accounting and finance. It can enhance their ability
to access the impacts (including ethics) of technology on the accounting and financial
industries (Outcome 4 and 5b). It equips them with the ability to communicate new
technologies in business context. Such skills and knowledge help them to make an
immediate contribution to the workplace, and to facilitate the process of continuous
professional development (Outcome 11).
Learning Outcomes
Upon completion of the subject, students will be able to:
a) To understand the application of new technology such as Blockchain and Big
Data analytics;
b) To identify the opportunities and challenges that new technology brings to the
accounting and financial industry;
c) To access the business implications of new technology for the accounting and
finance industry and their impacts on markets, institutions and individuals; and
d) To identify the ethical issues associated with the application of new technology
in accounting and finance
1
Indicative Teaching/Learning Approach
A three-hour seminar will be conducted each week to provide students with a
conceptual framework to understand the application of latest technology in accounting
and finance. Students will be assigned and/or assessed with quizzes, individual
reflective report and group presentation etc. to further develop their critical thinking,
teamwork, and presentation skills. Lectures will incorporate blended learning
approaches, including flipped videos and other appropriate activities in order to create
an active learning environment.
Indicative Assessment Tasks
Assessment components include quiz, group presentation and reflective report. These
assessment components require students to demonstrate their ability in understanding
the application of latest technology and analytics in accounting and finance from the
managerial perspective (Outcome 6) and to access the impacts (including ethics) of
technology on the accounting and financial industries.
Specific assessment methods/tasks
% weighting
Continuous Assessment:
Attendance and participation in class
10%
Final quiz(zes)
20%
Group presentation, written transcripts and discussion
40%
Reflective report
30%
Total
100 %
Explanation of the appropriateness of the assessment methods in assessing the
intended learning outcomes:
-
Class participation − Students are required to prepare answers for practice
questions, and actively participate in class discussion.
-
Final quiz(zes) – Quizzes with compulsory multiple-choice questions or fill-in
bank questions and analytical questions. It/They cover(s) the intended learning
outcomes (a), (b), (c) and (d).
-
Group presentation – TBA after the add-drop period.
-
Reflective report – The self-reflective report (between 1500 -2000 words) must be
submitted on or before 7 April 2023 (Friday) noon. In the report, students are
required to report what they have learned from the subject and to identify their
learning gains as well as areas for future improvements. For example, how can
you improve and better equip yourself to stay competitive in job market or society
during the fast-changing technology era? Students are also required to think about
how the new technology will impact or change themselves and society.
2
Tentative Teaching Schedule
Class
Coverage
1
Introduction of FinTech and RegTech
2
Introduction of Application of Different Technologies on Accounting and
Auditing
3
Blockchain Implications on Accounting and Auditing
Fintech and New Tech – Risk and Opportunities for CPA
4
5
Latest Technology Application in Financial and Banking Sector
a.
Fintech Segments and Market Development
b.
Fintech and Innovations in financial sector
c.
Critical Success Factors (CSFs) for Fintech Initiatives
d.
Fintech Consumer and SME Markets and Fintech cities
Blockchain and Other Emerging Technology Application in Financial and
Banking Sector
6
Introduction of Business Analytics and Application of Big Data Analytics in
Financial and Banking Sector
7
Subject Review
8
Group Presentation
9
Group Presentation
10
Group Presentation
11
Group Presentation
12
Final Quiz
3
RUBRICS FOR VARIOUS ASSESSMENT COMPONENTS
Assessment grades shall be awarded on a criterion-referenced basis, and students are
graded according to their performance.
Overall
Performance Grade
Excellent
Good
Satisfactory
Pass
Fail
A+
A
A-
B+
B
B-
C+
C
C-
D+
D
F
Criteria
 Demonstrates excellent achievement of intended
subject learning outcomes by being able to skillfully
use concepts and solve complex problems.
 Shows evidence of innovative and critical thinking in
unfamiliar situations, and is able to express the
synthesis or application of ideas in a logical and
comprehensive manner.
 Demonstrates good achievement of intended subject
learning outcomes by being able to use appropriate
concepts, and solve problems.
 Shows the ability to analyse issues critically and
make well-grounded judgements in familiar or
standard situations, and is able to express the
synthesis or application of ideas in a logical and
comprehensive manner.
 Demonstrates satisfactory achievement of intended
subject learning outcomes by being able to solve
relatively simple problems.
 Shows some capacity for analysis and making
judgements in a variety of familiar and standard
situations, and is able to express the synthesis or
application of ideas in a manner that is generally
logical but fragmented.
 Demonstrates marginal achievement of intended
subject learning outcomes by being able to solve
relatively simple problems.
 Can make basic comparisons, connections and
judgments and express the ideas learnt in the
subject, though there are frequent breakdowns in
logic and clarity.
 Demonstrates inadequate achievement of intended
subject learning outcomes through a lack of
knowledge and/or understanding of the subject
matter.
 Evidence of analysis is often irrelevant or
incomplete.
4
Essay
Performance Grade
Excellent
Good
Satisfactory
A+
A
A-
B+
B
B-
C+
C
C-
Criteria
 Demonstrates excellent achievement of intended
subject learning outcomes by being able to skillfully
use concepts and solve complex problems.
 Shows evidence of innovative and critical thinking in
unfamiliar situations, and is able to express the
synthesis or application of ideas in a logical and
comprehensive manner.
 Demonstrate an excellent understanding of all
relevant knowledge and concepts involved.
 Perform exceptionally well in integrating information
from various sources and analyzing the assigned case
or issue.
 Write exceptionally clearly without English errors.
 Demonstrates good achievement of intended subject
learning outcomes by being able to use appropriate
concepts, and solve problems.
 Shows the ability to analyse issues critically and make
well-grounded judgements in familiar or standard
situations, and is able to express the synthesis or
application of ideas in a logical and comprehensive
manner.
 Demonstrate a good understanding of all relevant
knowledge and concepts involved
 Perform well in integrating information from various
sources and analyzing the assigned case or issue.
 Write clearly with limited English errors
 Demonstrates satisfactory achievement of intended
subject learning outcomes by being able to solve
relatively simple problems.
 Shows some capacity for analysis and making
judgements in a variety of familiar and standard
situations, and is able to express the synthesis or
application of ideas in a manner that is generally
logical but fragmented.
 Demonstrate a basic understanding of the relevant
knowledge and concepts involved.
 Show satisfactory performance in integrating
information from various sources and analyzing the
assigned case or issue.
 Write clearly but with a notable number of English
errors.
5
Performance Grade
Pass
Fail
D+
D
F
Criteria
 Demonstrates marginal achievement of intended
subject learning outcomes by being able to solve
relatively simple problems.
 Can make basic comparisons, connections and
judgments and express the ideas learnt in the subject,
though there are frequent breakdowns in logic and
clarity.
 Display a minimum understanding of the knowledge and
concepts involved.
 Show marginally acceptable performance in integrating
information and analyzing the assigned case or issue.
 Write in unclear manner and/or with a lot of English
errors.
 Demonstrates inadequate achievement of intended
subject learning outcomes through a lack of
knowledge and/or understanding of the subject
matter.
 Evidence of analysis is often irrelevant or incomplete.
 Display a poor understanding of the concepts involved.
 Perform poorly in integrating information and analyzing
the assigned case or issue.
6
Presentation
Performance Grade
Excellent
Good
Satisfactory
A+
A
A-
B+
B
B-
C+
C
C-
Criteria
 Demonstrates excellent achievement of intended
subject learning outcomes by being able to skillfully
use concepts and solve complex problems.
 Shows evidence of innovative and critical thinking in
unfamiliar situations, and is able to express the
synthesis or application of ideas in a logical and
comprehensive manner.
 Conduct excellent analysis and present information that
is highly value-added and relevant.
 Demonstrate a strong understanding of all relevant
knowledge and concepts involved
 Perform exceptionally well in integrating, organizing
and presenting information of selected topic.
 Demonstrates good achievement of intended subject
learning outcomes by being able to use appropriate
concepts, and solve problems.
 Shows the ability to analyse issues critically and make
well-grounded judgements in familiar or standard
situations, and is able to express the synthesis or
application of ideas in a logical and comprehensive
manner.
 Conduct good analysis and present information that is
value-added and relevant.
 Demonstrate a good understanding of all relevant
knowledge and concepts involved.
 Perform well in integrating, organizing and presenting
information of selected topic.
 Demonstrates satisfactory achievement of intended
subject learning outcomes by being able to solve
relatively simple problems.
 Shows some capacity for analysis and making
judgements in a variety of familiar and standard
situations, and is able to express the synthesis or
application of ideas in a manner that is generally
logical but fragmented.
 Conduct some analysis and present information that is
fairly value-added and relevant.
 Demonstrate a basic understanding of the relevant
knowledge and concepts involved.
 Show satisfactory performance in integrating, organizing
and presenting information of selected topic.
7
Performance Grade
Pass
Fail
D+
D
F
Criteria
 Demonstrates marginal achievement of intended
subject learning outcomes by being able to solve
relatively simple problems.
 Can make basic comparisons, connections and
judgments and express the ideas learnt in the subject,
though there are frequent breakdowns in logic and
clarity.
 Conduct little analysis and present information that does
not go beyond the lectures and the textbook.
 Display a minimum understanding of the knowledge and
concepts involved.
 Show marginally acceptable performance in integrating,
organizing and presenting information of selected topic.
 Demonstrates inadequate achievement of intended
subject learning outcomes through a lack of
knowledge and/or understanding of the subject
matter.
 Evidence of analysis is often irrelevant or incomplete.
 Present information that does not go beyond the lectures
and the textbook or is irrelevant.
 Poorly organize the presentation.
 Display a poor understanding of the concepts involved.
Participation
Participation marks are awarded for active participation in classes. Mere attendance
will earn only a very low score.
Performance Grade
Excellent
Good
Satisfactory
Pass
Fail
A+
A
AB+
B
BC+
C
CD+
D
F
Criteria
 Attend all classes and actively participate in class
discussions with significant contribution towards the
class discussion.
 Attend most of the classes and actively participate in
class discussions with some contribution towards class
discussion.
 Attend most of the classes with some class participation.
 Attend most of the classes with minimal class
participation.
 Did not attend most of the classes or no notable class
participation
8
Quiz, Test and Examination
Performance Grade
Excellent
A+
A
A-
Good
B+
B
B-
Satisfactory
C+
C
C-
Pass
D+
D
Fail
F
Criteria
 Demonstrates excellent achievement of intended
subject learning outcomes by being able to skillfully
use concepts and solve complex problems.
 Shows evidence of innovative and critical thinking in
unfamiliar situations, and is able to express the
synthesis or application of ideas in a logical and
comprehensive manner.
 Achieve a standard of excellent performance with a
strong understanding of all concepts and theories
covered and a strong ability to apply them to problems.
 Demonstrates good achievement of intended subject
learning outcomes by being able to use appropriate
concepts, and solve problems.
 Shows the ability to analyse issues critically and
make well-grounded judgements in familiar or
standard situations, and is able to express the
synthesis or application of ideas in a logical and
comprehensive manner.
 Achieve a standard of good performance with a good
understanding of most concepts and theories covered
and a good ability to apply them to problems.
 Demonstrates satisfactory achievement of intended
subject learning outcomes by being able to solve
relatively simple problems.
 Shows some capacity for analysis and making
judgements in a variety of familiar and standard
situations, and is able to express the synthesis or
application of ideas in a manner that is generally
logical but fragmented.
 Meet a standard of acceptable performance with a good
understanding of most concepts and theories covered
and a fair ability to apply them to problems.
 Demonstrates marginal achievement of intended
subject learning outcomes by being able to solve
relatively simple problems.
 Can make basic comparisons, connections and
judgments and express the ideas learnt in the subject,
though there are frequent breakdowns in logic and
clarity.
 Demonstrate a standard of marginally acceptable
performance, though with some errors of understanding.
 Demonstrates inadequate achievement of intended
subject learning outcomes through a lack of
knowledge and/or understanding of the subject
matter.
 Evidence of analysis is often irrelevant or incomplete.
9
 Fail to demonstrate a standard of marginally acceptable
performance and there are major errors of understanding
or omission of explanation.
10