Accounting
Brief description
Accounting: legal obligation to keep records, basics of double-entry bookkeeping (accounts, books, accounting records), income accounting, account types (asset accounts, profit and loss accounts), chart of accounts, balance sheet structure, structure of profit and loss statements; an overview of the accounting cycle (including simple closing entries); Value added tax, book entries of current operations; Basics of adequate and orderly balancing, valuation bases, authoritative principle; Evaluation of unlimited-life assets; Evaluation of limited-life assets (planned depreciation), asset retirement, assets analysis; Appraisal of receivables; Evaluation of cost of gods sold; Accrual and deferral; Owner's equity and appropriation of earnings; Booking of taxes (income tax, capital gains tax, corporate income tax), Brief Overview of the effects of profit.
Mode of delivery
face to face
Type
compulsory
Recommended or required reading and other learning resources/tools
Bertl/Deutsch/Hirschler (2013): Buchhaltungs- und Bilanzierungshandbuch, Wien, LexisNexis.Schneider/Dobrovits/Schneider (2013): Einführung in die Buchhaltung im Selbststudium, Facultas
Planned learning activities and teaching methods
Integrated course: in total; 30% continuous participation assessment, 70% final examination.
Prerequisites and co-requisites
none
Infos
Degree programme
Work Design & HR Management (Bachelor)
Cycle
Bachelor
ECTS Credits
3.00
Language of instruction
German
Curriculum
Part-Time
Academic year
2023
Semester
1 WS
Incoming
Yes
Learning outcome
Students know the fundamental processes of double entry bookkeeping and accounting and they and are able to explain basic rules of bookkeeping and accounting as well as apply them to simple examples. Students are able to explain the relationship between the balance sheet and the profit and loss statement as well as the cashflow of a company
Course code
0582-15-01-BB-DE-02