[ 973GMCPFACK22 ] KS (*)Financial Accounting

(*) Leider ist diese Information in Deutsch nicht verfügbar.
Workload Ausbildungslevel Studienfachbereich VerantwortlicheR Semesterstunden Anbietende Uni
6 ECTS M1 - Master 1. Jahr Betriebswirtschaftslehre Roman Rohatschek 2 SSt Johannes Kepler Universität Linz
Anmeldevoraussetzungen (*)keine (die Zulassung zum Studium vorausgesetzt)
Quellcurriculum Masterstudium Management 2022W
Ziele (*)This course aims to:

  • Introduce students to goals and concepts of financial accounting, user groups of financial accounting, differences in national accounting systems and to show the need for global accounting standards.
  • Equip students with a sound understanding of the accounting process, elements of financial statements, different measurement concepts in international financial reporting and basics in selected IAS/IFRS accounting standards (including Conceptual Framework).
  • Explain the reporting entity that creates an IFRS-Report, different types of relationships between investor and investee (subsidiaries vs joint arrangements vs associates) and differences between consolidated and single financial statements.
  • Equip students with basic skills in financial statement analysis, to allow them to understand and correctly interpret published IFRS financial statements.

Learning outcomes:

On successful completion of this course, the students will be able to:

  • LO1: Discuss how national accounting standards differ due to different users, information needs and national influences and why there is a need for globalized accounting standards. [international orientation/relevant theory]
  • LO2: Discuss the implications corporate actions have on the company’s financial statements. [Business Management Qualifications]
  • LO3: Apply basic accounting techniques and valuation methods from selected IAS/IFRS standards. [cognitive/analytical]
  • LO4: Transfer the abstract rules from IAS/IFRS standards in order to solve concrete accounting problems. [professional/transferable skills]
  • LO5: Correctly interpret financial statements prepared according to IAS/IFRS standards. [professional/transferable skills]
  • LO6: Calculate and correctly interpret financial ratios and alternative performance measurement concepts. [professional/transferable skills]
Lehrinhalte (*)Based on core accounting and valuation methods according to International Financial Reporting Standards (IFRS) class participants 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 is on the analysis of IFRS financial statements including performance measurement concepts.
Beurteilungskriterien (*)The Assessment Strategy includes the following components:

  • Homework Assignments for each lecture (max 20 points)
  • Case Study on Financial Statement Analysis (max 20 points)
  • written mid-term exam (max 60 points)
  • written final exam (max 90 points)
  • weekly quizzes and in-class participation (max 10 bonus points)

Students are assessed on individual basis (no group assignments).

Lehrmethoden (*)The learning and teaching strategy is designed to develop knowledge and understanding in both theoretical and practical perspectives. The methods used include lectures, self-study of relevant book chapters and further readings, individual case study, homework, mid-term and final exam.
Abhaltungssprache Englisch
Literatur (*)Study and reading material includes the following:

  • International Financial Reporting and Analysis by David Alexander/Ann Jorissen/Martin Hoogendoorn/Carien van Mourik/Collette Kirwan, 8th edition (2020), Cengage Learning EMEA, ISBN 978-1-4737-6685-3
  • Lecture notes
  • Selected International Financial Reporting Standards (IFRS) in the latest edition
  • Selected articles referring to current topics in accounting

(The relevant materials can be retrieved from Moodle and/or will be announced in class.)

Lehrinhalte wechselnd? Nein
Sonstige Informationen (*)none
Teilungsziffer 200
Zuteilungsverfahren Zuteilung nach Vorrangzahl