Financial Accounting and Financial Statement Analysis
Brief description
- Generally accepted accounting principles
- Valuation concepts
- Differences between accounting according to company law and tax law
- Minimum requirements for balance sheet and income statement
- Treatment of non-current assets
- Treatment of current assets
- Treatment of liabilities
- Treatment of equity
- Prepaid expenses and deferred charges
- Income statement
- Basic ratio analysis and the fundamentals of cash flow statement
- Analysis of real-life annual reports
Mode of delivery
face to face
Type
compulsory
Recommended or required reading and other learning resources/tools
Recommended literature:
Alexander/Nobes (2020): Financial Accounting – An International Introduction, 7th edition, Pearson
Planned learning activities and teaching methods
Face-to-face learning (input, discussions, written individual and group activities, short presentations of solutions in class), blended learning, support through various media (e.g. videos, Moodle quizzes), written tests in class
Assessment methods and criteria
Continuous assessment: 30 points can be received through participation in class (mini tests, homework, online quizzes) and 70 points through a written final exam
Prerequisites and co-requisites
Fundamentals of Accounting
Infos
Degree programme
European Economy and Business Management (English)
Cycle
Bachelor
ECTS Credits
3.00
Language of instruction
English
Curriculum
Full-Time
Academic year
2025
Semester
2 SS
Incoming
No
Learning outcome
After successful completion of the course, students can:
- evaluate the consequences of the most important accounting principles regarding the preparation of annual statements (balance sheets, income statement, notes).
- analyse annual reports by calculating and comparing KPIs over time and across different companies
- draw conclusions regarding the financial position of the company based on their analysis.
Course code
1389-20-01-VZ-DE-16