040125 KU Internationale Rechnungslegung B (MA) (2022S)

4.00 ECTS (2.00 SWS), SPL 4 - Wirtschaftswissenschaften

Prüfungsimmanente Lehrveranstaltung

DIGITAL

Empfohlen werden Vorkenntnisse aus Rechnungslegung und Wirtschaftsrecht. Die Lehrveranstaltung wird in englischer Sprache abgehalten. Die Kenntnis der österreichischen Bilanzierungsvorschriften sowohl für den Einzel- als auch für den Konzernabschluss wird vorausgesetzt.

Moodle

An/Abmeldung

Hinweis: Ihr Anmeldezeitpunkt innerhalb der Frist hat keine Auswirkungen auf die Platzvergabe (kein "first come, first served").

Anmeldung von Mo 07.02.2022 09:00 bis Mo 21.02.2022 23:59
Anmeldung von Do 24.02.2022 09:00 bis Fr 25.02.2022 23:59
Abmeldung bis Mo 14.03.2022 23:59

Details

max. 50 Teilnehmer*innen

Sprache: Englisch

Lehrende

Petra Inwinkl

Termine (iCal) - nächster Termin ist mit N markiert

    
    Montag
    09.05.
    09:45 - 11:15
    Digital
    
    Dienstag
    10.05.
    09:45 - 11:15
    Digital
    
    Montag
    16.05.
    09:45 - 11:15
    Digital
    
    Dienstag
    17.05.
    09:45 - 11:15
    Digital
    
    Dienstag
    24.05.
    09:45 - 15:45
    Digital
    
    Mittwoch
    08.06.
    09:45 - 16:45
    Digital
    
    Freitag
    17.06.
    09:45 - 16:40
    Digital
    
    Donnerstag
    23.06.
    09:45 - 11:15
    Digital
    
    Mittwoch
    29.06.
    16:00 - 17:00
    Digital

Information

Ziele, Inhalte und Methode der Lehrveranstaltung

This course builds on the course “Internationale Rechnungslegung A”. It focuses particularly on multinational (public listed) companies that must handle financial accounting and contextual differences regarding their financial reporting under the International Financial Reporting regime.

The course will provide participants with relevant knowledge of accounting and reporting for international groups by introducing students to International Financial Reporting Standards (IAS/IFRS) at an intermediate level which are relevant standards for group accounting.

Intended Learning Outcomes (ILO)
On completion of the course, the students will be able to
1. understand a business combination and how to account for it; understand the accounting for goodwill
2. be able to determine goodwill in more complex situations, such as non-controlling interests and step acquisitions
3. know how to account for disposals, both with and without loss of control, and know the requirements of IFRS 3 Business Combinations
4. outline the need for consolidated financial statements
5. prepare consolidated financial statements by IFRS Standards
6. understand and apply the mechanics of preparing consolidated financial statements
7. identify an associate and a joint venture
8. identify the need to disclose related party transactions
9. consider the mechanics of accounting for an associate and a joint venture
10. explain the requirements of IAS 24 Related Party Transactions
11. explain the requirements of IAS 28 Investments in Associates and Joint Ventures
12. explain the requirements of IFRS 11 Joint Arrangements
13. explain the necessity for foreign currency conversion and translation
14. understand the concept of functional currency and presentation currency
15. describe the IFRS Standards regulations in respect of foreign currency transactions
16. describe the IFRS Standards regulations in respect of translating foreign entities
17. explain the basics of hedging foreign currency exposure and the application of hedge accounting
18. understand specific issues as extending the net investment, translating goodwill, accounting for disposals, translating into currencies of hyperinflationary economies
19. understand the IFRS Standards disclosure requirements apply research-based literature to describe and analyze particular aspects of voluntary corporate disclosures related to own projects

Judgment and approach
The course is aimed at the student acquiring in-depth knowledge of financial accounting for multinationals. Furthermore, students will deepen their capacity for independent analysis of different financial accounting problems in an international context.

Art der Leistungskontrolle und erlaubte Hilfsmittel

Type of instruction
Lectures and exercises (L), case studies and seminars (S), group workshop (W), Quizzes (E)

o Late submission not in time = 1 grade lower
o Plagarism = fail
o Scheme: until 49,0 % fail (grade 5); 49,5%-62,5% passed (grade 4); 63,0%-75,0% passed (grade 3), 75,5%-87,5% good (grade 2), 88,0%-100% excellent (grade 1).

Mindestanforderungen und Beurteilungsmaßstab

For all parts of the examination, student attendance is compulsory.

The examination consists of an online exam in the form of quizzes (E), two seminars with oral presentations and discussions of the given presentations (S1 and S2), one group workshop, and individual participation (W)

Learning outcomes 1-17 are examined through one online exam of quizzes (E)
.
Learning outcomes 2,7,8,9,15 and 17 are also examined through two seminars with oral presentations and discussions of the given presentations (S1 and S2), one group workshop, and individual participation (W).

Prüfungsstoff

IAS/IFRS Standards

International Financial Reporting and Analysis, Jorissen, Ann / Britton, Anne / Alexander, David
/ Hoogendoorn, Martin / Van Mourik, Carien, latest edition, Cengage Learning, Print ISBN: 9781473766853

https://www.cengage.co.uk/books/9781473766853/

Literatur