Banner Viadrina

International Business Administration

Advanced Issues in IFRS Reporting

Exam number: 6800

Semester: from 1st semester

Duration of the module: One semester

Form of the module (i.e. obligatory, elective etc.): Elective

Frequency of module offer: Each winter semester

Prerequisites: It is recommended that you have visited the course "IFRS Reporting and Capital Markets" or that you have a comparable wealth of knowledge with regard to IFRS accounting.

Applicability of module for other study programmes:
Obligatory or elective in other study programmes. For further information check regulations of the study programme.

Person responsible for module: Prof. Dr. Sonja Wüstemann

Name of the professor: Björn Knorr

Language of teaching: English

ECTS-Credits (based on the workload): 6

Workload and its composition (self-study, contact time):
Contact time (Lecture, tutorial etc.): 45 h; self-study: 135 h

Contact hours (per week in semester): 3

Methods and duration of examination:
T-Module: Successful completion of the written exam (120 min.)
Studentes who study on the basis of the old SPO, please contact

Emphasis of the grade for the final grade: Please check regulations of the study programme

Aim of the module (expected learning outcomes and competencies to be acquired):
After completing the module students are able to:

  • analyze more complex accounting issues and resolve these in accordance with IFRS,
  • understand the interaction between different IFRS,
  • apply IFRS rules and principles on complex real-life business transactions.

Contents of the module:
The module will enhance students’ theoretical knowledge of certain IFRS and will process this knowledge into the ability to analyze and resolve practical issues in accounting. The emphasis will be put on the application of IFRS in significant and sometimes unusual transactions that group accountants have to deal with in their day to day operations such as mergers & acquisitions as well as on current issues in IFRS accounting such as the new standard for revenue recognition (IFRS 15) or the new leasing standard (IFRS 16).

Teaching and learning methods:
Lecture, exercises and case studies

Literature (compulsory reading, recommended literature):
Picker, Ruth/Clark, Kerry/Dunn, John./Loftus, Janice/Kolitz, David/Livne, Gilad/van der Tas, Leo: Applying International Financial Reporting Standards, 4 th edn., Wiley 2016.
Wiley: International Financial Reporting Standards (IFRS) 2018.
IASB: The Annotated IFRS (R) Standards - Standards Required 1 January 2018 (The Annotated Blue Book): For accounting periods beginning on 1 January 2018.

Further information:
Registration in Moodle Viadrina required.