International Accounting I (WP)*
Niveau
2. Study cycle, Master
Learning outcomes of the courses/module
The students are able to:
• build up basic knowledge of international accounting in accordance with IFRS and to apply it to issues concerning the fixed assets of a company.
• prepare and understand simple annual financial statements step by step
• compare companies from the point of view of profitability.
• fundamentally analyze practical cases.
• build up basic knowledge of international accounting in accordance with IFRS and to apply it to issues concerning the fixed assets of a company.
• prepare and understand simple annual financial statements step by step
• compare companies from the point of view of profitability.
• fundamentally analyze practical cases.
Prerequisites for the course
none
Course content
• The focus of this course is to impart knowledge of the rules of international accounting according to IFRS and their direct application to the fixed assets of a company.
• Furthermore, simple annual financial statements are analyzed and prepared.
• The course also focuses on learning how to set up an effective internal monitoring system within the company and how to efficiently manage cash, receivables and inventories.
• Furthermore, simple annual financial statements are analyzed and prepared.
• The course also focuses on learning how to set up an effective internal monitoring system within the company and how to efficiently manage cash, receivables and inventories.
Recommended specialist literature
• Harrison, Walter T.; Horngren, Charles T.; Thomas, C. William & Tietz, Wendy M.: Financial Accounting. Pearson (latest international edition)
• Accessing the IFRS Standards via http://www.ifrs.org/IFRSs/Pages /IFRS.aspx and technical summaries through http://www.ifrs.org/IFRSs/Pages/Technical-summaries.aspx
• Accessing the IFRS Standards via http://www.ifrs.org/IFRSs/Pages /IFRS.aspx and technical summaries through http://www.ifrs.org/IFRSs/Pages/Technical-summaries.aspx
Assessment methods and criteria
Written exam
Language
English
Number of ECTS credits awarded
3
Share of e-learning in %
15
Semester hours per week
2.0
Planned teaching and learning method
Blended Learning
Semester/trimester in which the course/module is offered
1
Name of lecturer
Prof. (FH) Dr. Peter Dietrich
Academic year
Key figure of the course/module
09.MV.SIF.1.3
Type of course/module
integrated lecture
Type of course
Compulsory
Internship(s)
none