Course goals
The course will help to understand international financial accounting standards (IFRS). The course focuses on more complex accounting issues like revenue recognition, measurement of certain assets, implication of financing and also will include a comprehensive group accounting section.
Course results
- Students will understand how the financial statements are effected with certain economic phenomena and they will be able to adjust financial statements accordingly.
- To understand accounting process and its organization procedures, on separate and also on group level.
- To prepare financial statements and acquire knowledge and practical skills in keeping accounting in the companies.
- Students can account for more complicated revenue recognition, financing decisions (including leases) and group accounting issues. Students will have be able to account for financial instruments.
- To be able to select accounting policy distinguishing all four aspects: organizational, technical, methodological, ethical.
