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Get vaccinated to work and study safely together in autumn.

To enable a smooth and safe start into the semester for all members of the University of Vienna, you can get vaccinated without prior appointment on the Campus of the University of Vienna from Saturday, 18 September, until Monday, 20 September. More information: https://www.univie.ac.at/en/about-us/further-information/coronavirus/.

Warning! The directory is not yet complete and will be amended until the beginning of the term.

040050 UK Group Accounting (2020S)

4.00 ECTS (2.00 SWS), SPL 4 - Wirtschaftswissenschaften
Continuous assessment of course work

Herzlich willkommen und viel Erfolg!


Note: The time of your registration within the registration period has no effect on the allocation of places (no first come, first served).


max. 50 participants
Language: English


Classes (iCal) - next class is marked with N

Zusatztermin: Donnerstag, 25.6.2020, 16-19 Uhr (Anwesenheitspflicht!)

Thursday 30.04. 16:00 - 18:30 Seminarraum 6 Oskar-Morgenstern-Platz 1 1.Stock
Monday 04.05. 08:45 - 11:15 Seminarraum 6 Oskar-Morgenstern-Platz 1 1.Stock
Monday 11.05. 16:45 - 20:00 Seminarraum 16 Oskar-Morgenstern-Platz 1 3.Stock
Monday 18.05. 16:45 - 20:00 Seminarraum 16 Oskar-Morgenstern-Platz 1 3.Stock
Monday 25.05. 16:45 - 20:00 Seminarraum 16 Oskar-Morgenstern-Platz 1 3.Stock
Friday 05.06. 15:00 - 18:00 Hörsaal 17 Oskar-Morgenstern-Platz 1 2.Stock
Thursday 25.06. 16:00 - 19:00 Besprechungsraum WiWi Oskar-Morgenstern-Platz 1 3.OG
Monday 29.06. 17:00 - 20:00 Hörsaal 17 Oskar-Morgenstern-Platz 1 2.Stock


Aims, contents and method of the course

This course deals with accounting requirements for groups of companies (“Konzerne”) in Austria. It covers both financial and non-financial reporting requirements.
* Basics of group accounting: definition and kinds of groups, legal obligation to draw up consolidated financial statements, elements of consolidated financial state-ments.
* Financial accounting: preparations for consolidation, consolidation methods (full consolidation, proportional consolidation, equity method) and consolidation steps (capital consolidation, consolidation of intra-group receivables/liabilities, consolida-tion of intra-group revenues/expenses, elimination of intra-group profits/losses).
* Non-financial accounting: overview of different types of non-financial reporting sys-tems, legal obligation to draw up consolidated non-financial statements, overview of non-financial reporting requirements within the EU and in Austria, practical is-sues and further developments.

The course is based on the regulations of the Austrian Enterprise Code ("UGB"). The un-derlying principles of accounting for non-consolidated financial statements under these regulations are addressed throughout the course (especially for exchange students).

After passing the course, students
* have an understanding for the historical development of and need for accounting standards adressing groups of companies (as well as its benefits and limitations in the Austrian legal context);
* can assess under which circumstances consolidated financial and non-financial statements have to be drawn up;
* are able to interpret the different elements of consolidated financial and non-financial statements with regards to their functions and contents;
* can apply the fundamental consolidation techniques for consolidated financial statements.

Note because of the so-called "Corona Crisis": An Update on the dates and contents covered in the course due to "home learning" is given on Moodle.

Assessment and permitted materials

There are two different types of examinations:
* Part on financial accounting: After each session on financial reporting (May 11th, 18th and 25th), students have to answer a few questions on the contents covered so far. These questions are uploaded via Moodle and to be handed in again via Moodle again within a few days as announced (“take-home exams”).
In total, 60% of the final grade can be achieved through these take-home exams.
* Part on non-financial accounting: After the class on June 5th, 2020, students are required to work out a paper (approx. 8 pages) summarizing the main aspects of non-financial accounting requirements and analysing one non-financial report by an Austrian company (for students coming from other countries, other companies might be analysed as well). The deadline for handing in this paper is June 30th, midnight (Viennese time).
In total, 40% of the final grade can be achieved through this course work.

Minimum requirements and assessment criteria

To pass the course, more than 50% of total points have to be reached. The following grading scheme applies:
* > 90%: excellent (sehr gut, 1)
* > 80%: good (gut, 2)
* > 65%: satisfactory (befriedigend, 3)
* > 50%: sufficient (genügend, 4)

Due to the given circumstances, there is no mandatory attendance to any of the (virtual) meetings scheduled. However, it is strongly recommended to participate in those meetings.

Examination topics

See "Art der Leistungskontrolle"

Reading list

Exam-relevant literature: The following materials are needed for passing the course:
* Part on financial accounting: The slides for the course as well as all relevant exa-ples and supplementary materials. These materials will be provided via Moodle.
* Part on non-financial accounting: First, slides will be provided via Moodle as well as supplementary materials. Further literature readings will be required to prepare for the final examination:
** Students from German-speaking countries are required to work through the text book by Baumüller, Josef: Nichtfinanzielle Berichterstattung. Verlag Österreich. (Link)
** Students from other countries are required to obtain equivalent literature from their home countries and to name them to the course instructor by the beginning of the course’s part on non-financial accounting.

Association in the course directory

Last modified: Mo 07.09.2020 15:19