Group Accounting and IFRS

Consolidated companies;
Capital consolidation, consolidation of debts, consolidation of expenses and income, elimination of intercompany profit and loss;
Full consolidation, proportionial consolidation and at-equity consolidation;
Differences between balance sheets according to UGB (Austrian Commercial Code) and IFRS;
Specifics of balance sheets according to IFRS: valuation criteria, cash flow statement, statement of changes in equity, segment information reporting, notes;
Framework for the preparation of an annual statement according to IFRS;
IAS regulations for the valuation of balance sheet positions and P&L positions

Mode of delivery

face to face

Type

compulsory

Planned learning activities and teaching methods

Lectures with a variety of examples and practice

Assessment methods and criteria

30% Continuous assessment
70% Final examination

Prerequisites and co-requisites

Accounting and Balancing

Infos

Degree programme

Banking and Finance (engl.)

Cycle

Bachelor

ECTS Credits

3.00

Language of instruction

English

Curriculum

Full-Time

Academic year

2023

Semester

3 WS

Incoming

Learning outcome

After the successful completion of this course the students will be able to explain the principles of consolidated accounting according to UGB and IFRS. They will also be able to independently prepare consolidated financial statements in the context of case studies and to read and interpret consolidated statements.

Course code

1229-19-01-VZ-EN-17

Group Accounting and IFRS