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Accounting & Finance Investment Management

Certificate for Module (Merger and Acquisition Series: Due Diligence, Tax and Accounting Issues)

CEF Reimbursable Course

CEF Reimbursable Course

Course Code
Application Code

Study mode
Start Date
To be advised
30 hours
Course Fee
Deadline on 20 Oct 2023 (Fri)
2867 8476
2861 0278
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Confirm launching Nov 2023 class!! Application is still welcomed!!


The programme is designed to provide a comprehensive overview of the entire merger and acquisition process, with particular focus on important issues related to accounting and taxation such as consolidation issues and fair value measurement. Students will also be introduced to different aspects of due diligence in the M&A process, such as red flags, due diligence programme structure and parties involved, so that they can prepare the due diligence report at the end of the programme.

Programme Details

On completion of the programme, students should be able to

1. evaluate and conduct due diligence process in M&A transactions;

2. critically analyse different accounting treatments in M&A;

3. examine the significance and impact of tax due diligence in M&A.


Course Syllabus

A. Overview of merger and acquisition (M&A) Process

•Why M&A

•How does due diligence fit into the M&A transactions

•Holistic view of M&A Process

•Advisor’s roles in M&A

•M&A documents

•The principal regulatory framework for M&A transactions

B. Due diligence role in M&A

•Due diligence processes

•How to structure a due diligence programme

•Parties involved in due diligence

•Types of due diligence

C. Information gathering for due diligence

•Sources, information memorandum, data room and management representation

•Due diligence –Red flags

•Due diligence result / impacts on purchase price and purchase agreement

•Due diligence report

D. Overview of the framework and requirements for business combination and consolidation

•Business combination

•Consolidation issues and methods

•Fair value measurement and impairment of assets

•Goodwill implication on M&A

•Accounting implication on M&A

E. Tax due diligence

•Why doing tax due diligence

•The relevant taxes to be considered in the context of M&A transaction

•Tax consideration for share acquisition vs asset acquisition

•Other structuring issues

•Common tax issues affecting M&A deals in China


  • Group Presentation with Written Report
  • Upon successful completion of the programme, students who have passed the assessment with attendance no less than 70% will be awarded within the HKU system through HKU SPACE a Certificate for Module (Merger and Acquisition Series: Due Diligence, Tax and Accounting Issues).



Dr. Victor Yeung

Dr. Yeung is a Fellowship Member of the Hong Kong Institute of Certified Public Accountants (HKICPA) and an Associate Member of Chartered Accountants in England and Wales.  He has over 10 years experience in audit and tax advisory with Big Four accountancy firms in London and Hong Kong.  In addition, he has also dealt with businesses across Asia and handled IPO process in the Hong Kong Stock Exchange. He has solid experience with Blue Chip Company handling Strategic Planning & Development as well as M&A deals in Europe and Asia with deals size over HK$ 10 billion. At present he is a senior management of an investment brokerage group and acts as director for various non-profit organizations and a mentor for university students.  He is a committee member of the Financial Service Interest Group in HKICPA and regularly publishes articles on worldwide financial markets in local newspaper.

Application Code 2155-FN086A Apply Online Now
Apply Online Now

Days / Time
  • Saturday, -

Class Details

2023 Nov Intake

Lecture Date Time
1 4 Nov 2023 (Sat) 10:00-13:00
2 11 Nov 2023 (Sat) 10:00-13:00
3 18 Nov 2023 (Sat) 10:00-13:00
4 25 Nov 2023 (Sat) 10:00-13:00
5 2 Dec 2023 (Sat) 10:00-13:00
6 9 Dec 2023 (Sat) 10:00-13:00
7 16 Dec 2023 (Sat) 10:00-13:00
8 6 Jan 2024 (Sat) 10:00-13:00
9 13 Jan 2024 (Sat) 10:00-13:00
10 (Presentation) 13 Jan 2024 (Sat) 14:30-17:30


Application Fee

HK$150 HK$150 (Non-refundable)

Course Fee
  • Course Fee : HK$9000

Entry Requirements

Applicants shall hold:

(i)a relevant bachelor’s degree awarded by a recognized university or equivalent; or

(ii) a relevant Associate Degree / Higher Diploma or equivalent, and have at least 2 years of related work experience.

Applicants with other qualifications will be considered on individual merit.


  • The CEF Institution Code of HKU SPACE is 100
CEF Courses
Certificate for Module (Merger and Acquisition Series: Due Diligence, Tax and Accounting Issues)
COURSE CODE 33C142155 FEES $9,000 ENQUIRY 2867-8476
Continuing Education Fund Continuing Education Fund
This course has been included in the list of reimbursable courses under the Continuing Education Fund.

Certificate for Module (Merger and Acquisition Series: Due Diligence, Tax and Accounting Issues)

  • This course is recognised under the Qualifications Framework (QF Level [5])


Online Application Apply Now

Application Form Download Application Form

Enrolment Method
Payment Method
1. Cash, EPS, WeChat Pay Or Alipay

Course fees can be paid by cash, EPS, WeChat Pay or Alipay at any HKU SPACE Enrolment Centres.

2. Cheque Or Bank draft

Course fees can also be paid by crossed cheque or bank draft made payable to “HKU SPACE”. Please specify the programme title(s) for application and the applicant’s name.. You may either:

  • bring the completed form(s), together with the appropriate course or application fees in the form of a cheque, and any required supporting documents to any of the HKU SPACE enrolment centres;
  • or mail the above documents to any of the HKU SPACE Enrolment Centres, specifying  “Course Application” on the envelope.  HKU SPACE will not be responsible for any loss of payment sent by mail.
3. VISA/Mastercard

Applicants may also pay the course fee by VISA or Mastercard, including the “HKU SPACE Mastercard”, at any HKU SPACE enrolment centres. Holders of the HKU SPACE Mastercard can enjoy a 10-month interest-free instalment period for courses with a tuition fee worth a minimum of HK$2,000; however, the course applicant must also be the cardholder himself/herself. For enquiries, please contact our staff at any enrolment centres.

4. Online Payment

Online application / enrolment is offered for most open admission courses (course enrolled on first come, first served basis) and selected award-bearing programmes. Application fees and course fees of these programmes/courses can be settled by using "PPS by Internet" (not available via mobile phones), VISA or Mastercard. In addition to the aforesaid online payment channels, continuing students of award-bearing programmes, if their programmes offer online service, may also pay their course fees by Online WeChat Pay, Online Alipay and Faster Payment System (FPS). Please refer to Enrolment Methods - Online Enrolment  for details.


  • If the programme/course is starting within five working days, application by post is not recommended to avoid any delays. Applicants are advised to enrol in person at HKU SPACE Enrolement Centres and avoid making cheque payment under this circustance.
  • Fees paid are not refundable except under very exceptional circumstances (e.g. course cancellation due to insufficient enrolment), subject to the School’s discretion. In exceptional cases where a refund is approved, fees paid by cash, EPS, WeChat Pay, Alipay, cheque or PPS (for online payment only) will normally be reimbursed by a cheque, and fees paid by credit card will normally be reimbursed to the payment cardholder's credit card account.
  • In addition to the published fees, there may be additional costs associated with individual programmes. Please refer to the relevant course brochures or direct any enquiries to the relevant programme team for details.
  • Fees and places on courses cannot be transferrable from one applicant to another. Once accepted onto a course, the student may not change to another course without approval from HKU SPACE. A processing fee of HK$120 will be levied on each approved transfer.
  • Receipts will be issued for fees paid but HKU SPACE will not be repsonsible for any loss of receipt sent by mail.
  • For payment certification, please submit a completed form, a sufficiently stamped and self-addressed envelope, and a crossed cheque for HK$30 per copy made payable to "HKU SPACE" to any of our enrolment centres.