[ 514IFAC21 ] Subject International Financial Accounting

Workload Mode of examination Education level Study areas Responsible person Coordinating university
6 ECTS Accumulative subject examination B1 - Bachelor's programme 1. year Business Administration Vera Schiemer-Haberl Johannes Kepler University Linz
Detailed information
Original study plan Bachelor's programme International Business Administration 2021W
Objectives The students will have a basic understanding of the most common international accounting standards and the accounting process itself. Additionally, they will be able to understand and interpret financial statements according to IFRS. They can further understand the challenges and critical issues in auditing financial statements on an international level.
Subject The field of study “International Accounting” introduces a two-fold approach to international accounting. On the one hand, the first course of this study focuses on the perspective of the preparers of (consolidated) financial statements according to International Financial Accounting Standards (IFRS), which is the required accounting rules for listed entities in the European Union. The most common IFRS are introduced, and the underlying principles of these rules along with relevant case studies are critically discussed. On the other side, the second course of this study covers the perspective and challenges in auditing the financial statements that are prepared in accordance with IFRS.
Subordinated subjects, modules and lectures