Financial Accounting and Financial Statement Analysis

Brief description

  • Generally accepted accounting principles
  • Valuation concepts
  • Differences between accounting according to company law and tax law
  • Minimum requirements for balance sheet and income statement
  • Treatment of non-current assets
  • Treatment of current assets
  • Treatment of liabilities
  • Treatment of equity
  • Prepaid expenses and deferred charges
  • Income statement
  • Basic ratio analysis and the fundamentals of cash flow statement
  • Analysis of real-life annual reports

Mode of delivery

face to face

Type

compulsory

Recommended or required reading and other learning resources/tools

Benedict/Elliott (2011): Financial Accounting – An Introduction, 2nd edition, Prentice Hall

Planned learning activities and teaching methods

Lecture, discussions, knowledge tests

Assessment methods and criteria

Continuous assessment; 30 points can be received through participation in class (mini tests, homework, online quizzes) and 70 points through a written final exam

Infos

Degree programme

European Economy & Business Management (Bachelor)

Cycle

Bachelor

ECTS Credits

3.00

Language of instruction

German

Curriculum

Part-Time

Academic year

2024

Semester

2 SS

Incoming

No

Learning outcome

After successful completion of the course, students can:

  • evaluate the consequences of the most important accounting principles regarding the preparation of annual statements (balance sheets, income statement, notes).
  • analyse annual reports by calculating and comparing KPIs over time and across different companies
  • draw conclusions regarding the financial position of the company based on their analysis.
The learning outcomes of this course contribute mainly to the following (international) programme learning outcomes:
LO 3.2

Course code

0389-20-01-BB-DE-16