3)Market Efficiency 4)Market Efficiency Implications for Analysis 5)GAAP 6)accrual accounting 7)Fair Value Accounting 8)Accruals vs Cash flows 9)Earnings Management 3.问题与应用（能力要求） 1)What are the advantages and disadvantages of the Residual Earnings Mode1? 2)What rules are accountant required to follow? (三)思考与实践 1.When you think of (stock)analysts,what image comes up to your mind? 2.Why does distortion often come from earnings management?What are the common earnings management strategies? (四)教学方法与手段 Multimedia teaching and Case studies (五)课程思政融入点 1.Understand the importance and value of integrity. 2.A Motto for the Course:Price is what you pay,value is what you get. Chapter2 Analyzing Financing Activities (一)目的与要求 3.Understand and analyze debt financing. 4.Analyze contingent liability disclosures and describe risks. 5.Identify off-balance-sheet financing and its consequences to risk analysis. 6.Explain capital stock and analyze and interpret its distinguishing features. 7.Describe retained earnings and their distribution through dividends. 8.Analyze and interpret liabilities at the edge of equity. (一)数学内容 Section 1 Liabilities 1.主要内容 1)Two major types of liabilities 44 3) Market Efficiency 4) Market Efficiency Implications for Analysis 5) GAAP 6) accrual accounting 7) Fair Value Accounting 8) Accruals vs Cash flows 9) Earnings Management 3. 问题与应用（能力要求） 1) What are the advantages and disadvantages of the Residual Earnings Model? 2) What rules are accountant required to follow? （三）思考与实践 1. When you think of (stock)analysts, what image comes up to your mind? 2. Why does distortion often come from earnings management? What are the common earnings management strategies? （四）教学方法与手段 Multimedia teaching and Case studies （五）课程思政融入点 1. Understand the importance and value of integrity. 2. A Motto for the Course: Price is what you pay, value is what you get. Chapter2 Analyzing Financing Activities （一）目的与要求 3. Understand and analyze debt financing. 4. Analyze contingent liability disclosures and describe risks. 5. Identify off-balance-sheet financing and its consequences to risk analysis. 6. Explain capital stock and analyze and interpret its distinguishing features. 7. Describe retained earnings and their distribution through dividends. 8. Analyze and interpret liabilities at the edge of equity. （二）教学内容 Section 1 Liabilities 1. 主要内容 1) Two major types of liabilities