[ 480MABAFSAV19 ] VL Financial Accounting and Sustainability Accounting

Workload Education level Study areas Responsible person Hours per week Coordinating university
3 ECTS M1 - Master's programme 1. year Business Administration Dorothea Greiling 2 hpw Johannes Kepler University Linz
Detailed information
Original study plan Master's programme Management in Polymer Technologies (MPT) 2019W
Objectives As a management basics course the lecture is designed to introduce students with an non-business administration background into three important areas, namely basics in corporate finance, financial and sustainability accounting. At the end of the lectures students should have a basic understanding of key concepts in corporate finance, financial accounting as well as sustainability accounting.

Specifically, they should be able to deal with the following:

  • How to read and interpret a balance sheet and a P&L statement.
  • How to finance a business.
  • How to calculate depreciations, current assets/ liabilities and inventories.
  • How to interpret financial information and calculate ratios.
  • How to make investment decisions.
  • Understand the nature of Sustainability Accounting and Reporting.
  • Understand important concepts such as cradle2cradle, circular economy, non-financial reporting, CSR, SDGs and CO2 offsets.
Subject Introduction into

  • Nature and objectives of corporate finance
  • Financial decision making in enterprises
  • Nature and objective of accounting
  • Accounting standards
  • Structure and content of financial statements
  • Nature and objectives of sustainability accounting
  • Sustainability accounting standards (GRI, Integrated reporting)
  • Motives for sustainability accounting
  • Sustainability accounting and decision making
  • Sustainability finance
Criteria for evaluation Exam (written, 1,5 hours)
Methods Lecture combined with active student participation (interactive elements)
Language English
Study material main book:

''Accounting and Finance for Non Specialists, Atrill, McLaney, Pearson, ISBN: 978-1-292-24403-7''

articles (will be supplied in Moodle):

Baumann, S., Lehner, O. M., et al. (2015). A push-and-pull factor model for environmental management accounting: a contingency perspective. Journal of Sustainable Finance & Investment, 5(3), 155-177.

Murray, A., Skene, K., & Haynes, K. (2017). The circular economy: An interdisciplinary exploration of the concept and application in a global context. Journal of Business Ethics, 140(3), 369-380.

Siew, R. Y. (2015). A review of corporate sustainability reporting tools (SRTs). Journal of environmental management, 164, 180-195.

Thijssens, T., Bollen, L., & Hassink, H. (2016). Managing sustainability reporting: many ways to publish exemplary reports. Journal of Cleaner Production, 136, 86-101.

Bebbington, J., Russell, S., & Thomson, I. (2017). Accounting and sustainable development: Reflections and propositions. Critical Perspectives on Accounting, 48, 21-34.

Changing subject? No
Corresponding lecture 480MABAFATV12: VL Finance, Accounting and Taxation (3 ECTS)
On-site course
Maximum number of participants -
Assignment procedure Assignment according to priority