Portal
Fundamentals of Accounting
Lehrinhalte
• Various types of mandatory accounting • The components and objectives of financial statements in double entry book-keeping • The structure and format of balance sheets • The structure and format of profit and loss statements • Classification of accounts • Accounting entries (affecting net income/not affecting net income) • Introductory examples of entries for transactions occurring during the year • Accounting cycle (with simple closing entries) • Sales entries (incl. output VAT) • Purchase entries (incl. input VAT) • Various methods of payment • Treatment of various expenditures • Treatment of exports and imports • Treatment of salaries and wages • Treatment of taxes
Art der Vermittlung
face to face
Art der Veranstaltung
compulsory
Empfohlene Fachliteratur
Schneider/Dobrovits/Schneider: Einführung in die Buchhaltung im Selbststudium, Band I and II (BEWU) BEWE: recommended literature „Benedict/Elliott (2011): Financial Accounting – An Introduction“, 2nd edition, Prentice Hall
Lern- und Lehrmethode
Lecture, discussions, knowledge tests
Prüfungsmethode
Continuous assessment: 30 points participation in class (mini tests, homework, online quizzes), 70 points written final exam
Schnellinfos
Studiengang
Europäische Wirtschaft und Unternehmensführung (Bachelor)
Akademischer Grad
Bachelor
ECTS Credits
3.00
Unterrichtssprache
Englisch
Studienplan
Berufsbegleitend
Studienjahr, in dem die Lerneinheit angeboten wird
WS2026
Semester in dem die Lehrveranstaltung angeboten wird
1 WS
Incoming
Nein
Lernergebnisse der Lehrveranstaltung
After successful completion of this course, students will be able to: • Work with the system and components of double entry book-keeping, • Enter simple transactions, such as wages, taxes, sundry expenses, etc., • Enter both sales and purchasing transactions, • Prepare simple closing entries, • And draw up balance sheet and income statement, • Explain the difference between entries affecting and not affecting net income, • And superficially analyse balance sheets and income statements The Learning outcomes contribute mainly to the following (international) programme learning outcomes: LO 3.2
Kennzahl der Lehrveranstaltung
0389-20-01-BB-DE-07