Financial Accounting

Faculty of Business Management and Social Sciences

Version 8.0 of 10/19/2017

22B0012

Financial Accounting

International Management (B.A.)

1

Financial statements report on the financial position and on the ability of generating income and cash flow of a business. The course covers the preparation of financial statements along IFRSs. Students learn to analyse companies based on the financial statements provided for external purposes. The class covers all important items of financial statements. The course meets the international requirements of Financial Accounting.

• financial statements along IFRS
• financial statement analysis
• statement of financial position
• long-term assets (acquisition, depreciation, revaluation)
• group accounting
• inventories
• cash, A/R
• statement of cash flows
• equity
• statement of comprehensive income
• Statement of changes in equity
• current liabilities
• long term liabilities
• notes

Knowledge Broadening
Students learn to analyse companies based on the financial statements provided for external purposes.
Knowledge Deepening

Instrumental Skills and Competences

Communicative Skills and Competences

Systemic Skills and Competences

lectures, tasks, assignments

none

Berkau, Carsten

• Berkau, Carsten
• Wendehals, Marion

5

(1) Powers/Needles/Crosson: Accounting Principles

(2) BERKAU: Bilanzen

(3) further text books:

BRIGHAM/EHRHARDT: Financial Management

CORREIA et al: Financial Management

DRURY: Management and Cost Accounting

FLYNN/KORNHOF: Fundamental Accounting

GARRISON/NOREEN/BREWER: Managerial Accounting

KIESO/WEYGANDT/WARFIELD: Intermediate Accounting

McLANEY/ATRILL: Accounting

REEVE/WARREN/DUCHAC: Principles of Financial Accounting

WOOD/SANGSTER: Business Accounting

Two-Hour Written Examination

none

methods of financial accounting - exam is about to prepare F/S

1 Term

Only Summer Term

English