Universität Wien

040658 UK Accounting according to IFRS (2021W)

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

previsous knowledge in Accounting ("Bilanzierung" - Financial Accounting for Advanced Students) and Private Law ("Privatrecht") is expected.
Moodle

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

TBA

  • Monday 06.12. 08:00 - 13:00 Digital
  • Thursday 16.12. 09:00 - 13:00 Digital
  • Wednesday 12.01. 09:00 - 14:45 Hörsaal 15 Oskar-Morgenstern-Platz 1 2.Stock
  • Tuesday 18.01. 09:45 - 13:00 Digital
  • Tuesday 25.01. 09:45 - 13:00 Digital
  • Monday 31.01. 09:00 - 15:00 Digital

Information

Aims, contents and method of the course

The course will be conducted in cooperation with the business partner TPA – Tax, Accounting, Advisory, and Real Estate Consulting Company. Students will have the opportunity to get a valuable insight into accounting practice and implementation of standards from both theoretical and practical point.
The course will focus on the role of financial accounting principles and processes in creating and reporting an organization’s financial statements. The course will provide students with a basic knowledge of accounting and reporting according to International Financial Reporting Standards (IFRS). It will focus on the structure of the IASB, the Conceptual Framework and selected standards such as IAS 1, 2, 16, 18, 36, 38, and IFRS 3, 9, 10, 13 and 16. The IFRS rules will be complemented by case studies/examples where students can see how the standards are actually applied in practice. Furthermore, with the business partner TPA students will have the opportunity to conduct the case study in the company and gain a feedback from industry professionals, as well as to gain an insight into a daily business.
Students who complete this course will be able to use financial accounting principles to create and/or process an organization’s financial statements.
The course will consist of lectures, quizzes, home assignments, exams, and case studies in the company. The lectures (both from the lecturer and from the business partner) serve to explain the key concepts of the subject matters and their application in practice and will serve as leading material for the exam preparation.
The course will be held in hybrid form. There will be two sessions on sight (university and company), and the rest will be held online via Zoom conference tool.

Assessment and permitted materials

Next to the exam, each student (or small groups) will be assigned a case study to prepare in the premises of TPA company. The case study shell be submitted to the instructor for grading. Detailed instructions will be discussed in class.
It is expected that students actively engage during class.

Minimum requirements and assessment criteria

Grading system:
0 - 50%: 5
51% - 63%: 4
64% - 77%: 3
78% - 90%: 2
91% - 100%: 1

75% weighted attendance is required to obtain a passing grade.

Examination topics

Examinations include all contents covered in the course sessions (slides and examples) as well as further readings provided in reading list.
The exams will include theoretical questions and cases as well as examples of accounting entries and calculations.

Reading list

- Provided slides and accompanied material.
- International Financial Reporting and Analysis, Alexander, D. / Britton, A. / Jorissen, A. / Hoogendoorn, M. / Mourik, C.
- Financial Statement Analysis, CFA Institute.
- Further course literature and materials will be announced in due course.

Association in the course directory

Last modified: Fr 12.05.2023 00:12