Financial Reporting

1. The basic principles of adequate and orderly book balancing (particularly valuation methods, principle of prudence) 2. Valuation methods (acquisition costs vs. Production costs) 3. Differences between accounting according to company law and tax allowance/effects with regard to business processes (esp. Authoritative principle, reconciliation of book and taxable income) 4. Minimum breakdown of balance and P&L for corporate enterprises according to UGB (Austrian Commercial Code) 5. Notes 6. Balancing of non-current assets (purchase, self-provided assets, low value fixed assets, ordinary and extraordinary depreciation, the difference between tangible assets, financial assets and intangible assets) 7. Balancing of current assets (stock-in-trade incl. Input, bills outstanding) 8. Balancing of debt capital (esp. Various accruals, possibly foreign currency liabilities) 9. Equity balancing (esp. Various reserves, possibly the appropriation of earnings) 10. Prepaid expenses and deferred charges (assets and liabilities) 11. Profit and loss account (structure, different outcome variables, sales vs. Total cost method) 12. Easy ratio analysis and the fundamentals of cash flow statements 13. Illustration based on real annual financial statements.

Mode of delivery

face to face

Type

compulsory

Recommended or required reading and other learning resources/tools

Buchhaltung:Grohmann-Steiger, Schneider, Dobrovits: Einführung in die Buchhaltung im Selbststudium. Wien. Bilanzierung und Bilanzanalyse: Bertl/Deutsch/Hirschler: Buchhaltungs- und Bilanzierungshandbuch. LexisNexis, Wien. Aschauer et al (Hrsg.): Accounting and Management Control II. Arbeitsunterlage mit Lösungen zum Teil Externe Unternehmensrechnung (MBS-Skriptum).

Planned learning activities and teaching methods

This integrated class is part two of the module "Financial Accounting". The first part of the module is the course "Accounting" in the previous winter semester. Lectures, case studies, discussions

Assessment methods and criteria

in accordance with the module exam regulations students are graded on two quizzesd (out of 3) and a final exam; together these make up 66% of the final module grade; the final module exam also includes tasks relating to the class "Accoounting"

Prerequisites and co-requisites

Accounting

Infos

Degree programme

Logistics & Transport Management (Bachelor)

Cycle

Bachelor

ECTS Credits

3.00

Language of instruction

German

Curriculum

Part-Time

Academic year

2023

Semester

2 SS

Incoming

Yes

Learning outcome

After the successful completion of this course the student will be able to solve the most important balance sheet and valuation problems regarding the preparation of annual statements (balance sheets, P&L, notes). They will be able to interpret an annual statement and analyze it with regard to financial and assets positions and current standing.

Course code

0391-11-01-BB-DE-19