• Different types of accounting obligation (cash accounting, lump-sum accounting, double-entry accounting)
  • Components and purposes of the annual financial statement in double-entry bookkeeping
  • Structure and layout of balance sheets
  • Structure and layout of the profit and loss account
  • System of accounts (chart of accounts, chart of accounts, types of accounts)
  • Posting records (logic, debit/credit, affecting/not affecting profit)
  • Introductory examples of current entries and simple closing entries (depreciation, private account, cost of goods)
  • Accounting cycle (with simple closing entries)
  • Bookings in the sales area (sales revenue, rebates, discounts, returned goods, down payments, incl. VAT and receivables)
  • Postings in the procurement area (inventory, fixed asset purchases, etc., rebates, cash discounts, returned goods, down payments, incl. input tax and payables)
  • Posting of various payment methods (cash, on target, ATM, credit card)
  • Booking of various expenses
  • Booking of exports and imports, IG purchases/deliveries

Mode of delivery

face to face



Recommended or required reading and other learning resources/tools

  • Schneider, W., Dobrovits, I., Schneider, D. (2020): Einführung in die Buchhaltung im Selbststudium, 23. Auflage, Facultas, Wien.
  • Messner, S., Kreidl, C., Wala, T. (2020): Grundlagen der Betriebswirtschaftslehre, 6. Auflage, LexisNexis.

Planned learning activities and teaching methods

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

Assessment methods and criteria

  • 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

Prerequisites and co-requisites



Degree programme

Logistics & Transport Management (Bachelor)



ECTS Credits


Language of instruction




Academic year



1 WS



Learning outcome

After successful completion of the course, students can

  • name and define the system and the components of double-entry bookkeeping
  • independently book simple business transactions in the procurement and sales areas as well as the different types of payments
  • independently create an accounting cycle from these business transactions, including closing entries
  • independently prepare a simple balance sheet and profit and loss account

Course code