International Accounting

Brief description

• Introduction to group accounting • Legal framework of international accounting • Structure of IASB and the application of IFRS • Basic principles of IFRS accounting • Components of IFRS financial statements • Valuation of tangible assets • Valuation of intangible assets • Valuation of financial instruments • Valuation of current assets • Valuation of provisions • Tax accounting

Mode of delivery

face to face

Type

compulsory

Recommended or required reading and other learning resources/tools

Lüdenbach/Christian (2015): IFRS Essentials, Herne, NWB Verlag (3rd edition): BEWE Doralt (Hrsg.)(2020): Kodex Internationale Rechnungslegung IAS/IFRS, Wien: Linde (dzt. 23. Auflage)

Planned learning activities and teaching methods

Lecture, discussions, quizzes

Assessment methods and criteria

Continuous assessment: 30 points can be obtained through participation in class (mini tests, homework, online quizzes) and 70 points through a written final exam.

Infos

Degree programme

European Economy & Business Management (Bachelor)

Cycle

Bachelor

ECTS Credits

3.00

Language of instruction

German

Curriculum

Full-Time

Academic year

2025

Semester

5 WS

Incoming

No

Learning outcome

On successful completion of this class, students can • differentiate between the aims of single and group accounts • explain relevant aspects of the European framework of international accounting • explain the basic concepts of international accounting • apply the main IFRS accounting principles to given examples • participate in the preparation of (consolidated) financial statements using IFRS • analyse the main parts of IFRS annual reports. The learning outcomes of this course contribute mainly to the following (international) programme learning outcomes: LO 1.1./ ILO 1 LO 3.2

Course code

0389-20-01-VZ-DE-50