Introduction to Accounting and Finance

Introduction

External accounting: The students: • Know the fundamentals of mapping business decisions in the accounting system • Know and understand the basic concepts and subareas of accounting • Understand the technology and internal structure of double-entry bookkeeping • Can assess the structure of an accounting system and the characteristics of different account types • Can make simple business postings to balance sheet and profit and loss accounts and create posting records • Recognize the significant effects of business transactions on the balance sheet and income statement Internal Accounts: The students: • Know the tasks and solutions of cost and revenue accounting with its subsystems (cost element, cost center and cost unit accounting) • Can differentiate the terms payments - disbursements, revenues - expenses, revenue - expenses from each other • Can describe the organizational structure of a cost accounting system and the main cost accounting systems • Know the systems of cost accounting (partial and full cost accounting).

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External accounting: • Structure of the accounting system • Fundamentals of operational accounting: Tasks, sub-areas and basic concepts • Commercial accounting system: From inventory to opening balance sheet • Double-entry accounting system: Posting business cases to inventory and profit and loss accounts • Organization of bookkeeping (chart of accounts, sales tax, etc.) • Principle of period purity and accruals and deferrals Internal accounting: • Objectives and basic concepts of cost and revenue accounting • Fundamentals of cost and revenue accounting: Tasks, components and subareas • Structure of cost accounting (cost elements, cost centers, cost objects) • Contribution margin accounting

• Buchholz, L./ Gerhards, R. (2016): Internes Rechnungswesen, Kosten- und Leistungsrechnung, Betriebsstatistik und Planungsrechnung • Deimel, K./ Erdmann, G./ Isemann, R./ Müller, S. (2017): Kostenrechnung, Das Lehrbuch für Bachelor, Master und Praktiker • Geirhofer, S./ Hebrank, C. (2016): Grundlagen Buchhaltung und Bilanzmanagement, 4, Aufl. • Coenenberg, A.G./ Haller, A./ Et. Al. (2018): Einführung in das Rechnungswesen: Grundlagen der Buchführung und Bilanzierung, 7. Aufl. • Wedell, H./ Dilling, A.A. (2018): Grundlagen des Rechnungswesens, 16. Aufl. Breidenbach, K., & Währisch, M. (2017): Buchhaltung und Jahresabschluss, 4. Aufl. • Schmidt, M., Auer, B., & Schmidt, P. (2012): Buchführung und Bilanzierung: Eine anwendungsorientierte Einführung

written exam

German

4

15

2.0

Integrated course, group work, case studies, discussions, e-learning

1

English version will be available soon

WWI3

integrated lecture

Compulsory

kein