Credentials

Education

Korea University

GPA
4.50 / 4.50 All graded courses: A+

Recognition

MERIDIAN is a student society within Korea University's Crimson Brain programme. I researched financial policy, marketing and corporate governance there.

IFRS Tutoring

Korea University

One-on-one peer tutor for the English-taught IFRS Intermediate Accounting I course. Received an Excellence Award for the programme.

How I taught

Peer tutoring, IFRS Intermediate Accounting I (taught in English)

Understanding the Numbers, Explaining the Logic

Excellence Award

A journal entry is the conclusion. The accounting judgment comes before it.

So I began with classification. Depending on its business model, a debt security is measured at amortised cost (AC), at fair value through other comprehensive income (FVOCI) or at fair value through profit or loss (FVPL). AC and FVOCI both recognise interest revenue by the effective interest method, built on present value and a carrying-amount schedule; FVOCI then takes fair-value changes to OCI, FVPL takes them to profit or loss.

For financial liabilities, I worked through bonds with warrants as compound instruments: the liability component at the present value of its cash flows at the market rate, the residual to the warrants in equity, and the discount unwound through interest expense.

Annotated worked examples and recorded explanations helped fellow students see where every figure came from.

Handwritten teaching material: cash-flow timeline, issue price at a 6% effective rate, carrying-amount schedule and FVOCI journal entries

Financial Assets

Present value at a 6% effective rate, the carrying-amount schedule, then the same bond as FVOCI and as FVPL.

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Handwritten teaching material: bonds with warrants, present value of the bond, warrant allocation, interest expense and journal entries

Financial Liabilities

Bonds with warrants: the liability component at 7%, the residual to warrants, interest expense, exercise and redemption.

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