Financial Reporting

Lehrinhalte

• Principles of proper accounting (esp. valuation principles, prudence principle) • Valuation approaches (acquisition costs vs. production costs) • Differences between accounting under company law and accounting for business transactions under tax law (esp. principle of authoritativeness, more-less accounting) • Minimum structure of balance sheet and income statement for corporations according to the Austrian Commercial Code (UGB) • Accounting for fixed assets (purchase, self-produced assets, low-value assets, scheduled and unscheduled depreciation, distinction between tangible assets - financial assets - intangible assets) • Accounting of current assets (inventories incl. use of materials, receivables) • Accounting of borrowed capital (esp. various provisions, possibly foreign currency liabilities) • Accounting of equity capital (esp. various reserves, possible appropriation of profits) • Accruals and deferrals (on the assets and liabilities side) • Profit and loss account (structure, different result variables, cost of sales vs. total cost method) • Simple ratio analysis and basics of cash flow accounting • Illustration based on real annual financial statements

Art der Vermittlung

face to face

Art der Veranstaltung

compulsory

Empfohlene Fachliteratur

• Schneider, W., Dobrovits, I., Schneider, D. (2020): Einführung in die Buchhaltung im Selbststudium, 23. Auflage, Facultas, Wien. • Bertl, R., German, E., Hirschler, K. (2019): Buchhaltungs- und Bilanzierungshandbuch, 11. Auflage, LexisNexis, Wien. • Messner, S., Kreidl, C., Wala, T. (2020): Grundlagen der Betriebswirtschaftslehre, 6. Auflage, LexisNexis.

Lern- und Lehrmethode

Lecture, practical application examples in individual and group work, discussion

Prüfungsmethode

• Exam method: written final exam (70%), continuous assessment (30%, written quizzes) • Assessment criteria: completeness, level of detail and complexity of answers, correctness of solutions and results, compliance with formal criteria

Voraussetzungen laut Lehrplan

Bookkeeping

Schnellinfos

Unterrichtssprache

Deutsch

Studienjahr, in dem die Lerneinheit angeboten wird

SS2028

Incoming

Ja

Lernergebnisse der Lehrveranstaltung

After successful completion of the course, students can • solve the most important accounting and valuation problems in connection with the preparation of annual financial statements (balance sheet, income statement, notes) • make closing entries independently and analyse their effect on the financial statements • read and analyse financial statements with regard to assets and liabilities, profit and loss and financial positions

Kennzahl der Lehrveranstaltung

1391-21-01-BB-DE-19