| Detailed information |
| Pre-requisites |
(*)keine (die Zulassung zum Studium vorausgesetzt)
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| Original study plan |
Master's programme General Management 2018W |
| Objectives |
Based on core accounting and valuation methods according to International Financial Reporting Standards (IFRS) you will be provided with knowledge concerning corporate actions as far as its implications on a company’s financial statements are concerned. The class aims at the understanding of the accounting process as well as the ability to interpret financial statements properly.
A further emphasis of the class is on the analysis of IFRS financial statements including performance measurement concepts.
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| Subject |
1. Goals and concepts of financial accounting, user groups of financial accounting, differences in national accounting systems and need for global accounting standards
2. Elements of financial statements, different measurement concepts in international financial reporting and basics in selected IAS/IFRS accounting standards (including Conceptual Framework)
3. Definition of the reporting entity, different types of relationships between investor and investee (subsidiaries vs joint arrangements vs associates) and differences between consolidated and single financial statements
4. Basics in financial statement analysis
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| Criteria for evaluation |
Midterm exam: 60 points (= 60 minutes)
Final Exam: 90 points (= 90 minutes)
Homework points: 30 points
Maximum points: 180 points
In order to get a positive grade students have to achieve more than 50 % of the total points (= 90.5 points). However, if students fail either of the two exams the course is failed.
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| Methods |
Lectures, homework, self-study
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| Language |
English |
| Study material |
- International Financial Reporting and Analysis by David Alexander/Anne Britton/Ann Jorissen/Martin Hoogendoorn/Carien van Mourik, 7th edition (2017), Cengage Learning EMEA
- Selected International Financial Reporting Standards (IFRS) in the latest edition
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| Changing subject? |
No |
| Further information |
none
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