Universität Wien

040242 VK KFK EUR: Financial Accounting according to US-GAAP (E) (2015S)

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

Prerequisites: Knowledge within the scope of the module"International Accounting"

Target group:
The course "Financial Accounting according to US-GAAP" is part of the module "International Accounting Systems (foundation module)". The course will be held in English. Knowledge of the Austrian accounting standards for individual and group financial statement is presumed.

Course Admission and Attendance: Students wishing to take this course must register on UNIVIS (with points) during the registration period. The maximum number of participants is 50. Attendance throughout the course is compulsory.

Registration/Deregistration

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

Details

max. 50 participants
Language: English

Lecturers

Classes (iCal) - next class is marked with N

  • Tuesday 03.03. 15:00 - 16:30 Hörsaal 7 Oskar-Morgenstern-Platz 1 1.Stock
  • Tuesday 10.03. 11:30 - 16:30 Seminarraum 15 Oskar-Morgenstern-Platz 1 3.Stock
  • Wednesday 11.03. 09:45 - 14:45 Seminarraum 16 Oskar-Morgenstern-Platz 1 3.Stock
  • Wednesday 18.03. 15:00 - 16:30 Hörsaal 12 Oskar-Morgenstern-Platz 1 2.Stock
  • Monday 23.03. 16:45 - 20:00 Seminarraum 14 Oskar-Morgenstern-Platz 1 2.Stock
  • Wednesday 25.03. 09:45 - 15:00 Seminarraum 16 Oskar-Morgenstern-Platz 1 3.Stock
  • Wednesday 15.04. 16:45 - 18:15 Hörsaal 17 Oskar-Morgenstern-Platz 1 2.Stock

Information

Aims, contents and method of the course

Course description:
This course provides a comprehensive view of the most important requirements for preparing financial statements under US GAAP, including: Financial statement presentation (statement of financial position - including consolidation requirements, income statement, discontinued operations, changes in policy/accounting estimates/errors, comprehensive income, cash flow statement, statement of changes in equity), Revenue recognition (recognition criteria, measurement, current issues), Earnings per share, Inventories (determining cost, allocation methods, subsequent valuation), Intangible assets (recognition & measurement, research & development, impairment testing), Long-lived assets (initial cost, asset retirement obligations, subsequent expenditures, depreciation, impairment, leases), Liabilities, Contingencies, Income taxes (identifying & calculating deferred taxes, tax expense measurement, presentation, disclosure)

Homepage des Fachbereichs: http://extrw.univie.ac.at

Assessment and permitted materials

Assessment:
- Class participation
- Mid-term exam
- Final exam

Minimum requirements and assessment criteria

Examination topics

Reading list

Literature: Slides: Introduction to Financial Accounting according to US-GAAP

Association in the course directory

Last modified: Mo 07.09.2020 15:29