Time: Each winter term, 1st block
This course is an introduction to the basic concepts and principles underlying financial accounting systems from the international perspective. It addresses the accounting cycle and data entry into the accounting system (book-keeping). Several accounting topics will be studied in detail against the background of International Financial Reporting Standards (IFRS), such as inventory, revenue recognition and depreciation of long-lived assets. The module also deals with the construction of the basic financial accounting statements and their interpretation (financial statement analysis).
Your achievement in the final exam.