SYLLABUS

1. Program description
1.1 University Bucharest University of Economic Studies
1.2 Faculty Finance, Insurance, Banks and Stock Exchanges
1.3 Department Finance
1.4 Field of study Finance
1.5 Study cycle Master
1.6 Program of study/ Qualification Financial management and investments

2. Course description
2.1 The name of discipline Advanced Financial Accounting
Course Code 13.0215ZI1.1-0001
2.2 Professor for the course conf.univ.dr.BUNEA Stefan
2.3 Professor for the seminar conf.univ.dr.BUNEA Stefan
2.4 Year of Study I 2.5 I 2.6 Type of the Exam 2.7 Type of the Mandatory
Semester evaluation course

3. Total estimated time (hours/semester of didactic activities)

3.1 Total number of teaching 3 of which: 2 1
hours per week 3.2 course 3.3 seminar/lab
activities
3.4 Total number of teaching 42 of which: 28 14
hours per semester (cf. 3.5 course 3.6 seminar/lab
curricula) activities
Time allotment for individual study hours
Study of the lecture notes, course support, bibliography 30
Additional documentation (in libraries, on electronic platforms, field documentation) 30
Preparation for seminar/ lab classes, homework, referrals, projects and essays 48
Tutorship -
Evaluation -
Other activities: Work on the projects assigned at the seminar -
3.7 Total number of hours for
108
individual study
3.8 Total number of hours per
semester (teaching hours and 150
individual study)
3. 9 Number of ECTS credits
6
allocated

4. Pre-requisites (if necessary)

4.1 curriculum -
4.2 competences -
5. Requirements ( if necessary )
5.1. regarding course The lectures are held in rooms with internet acces and multimedia
delivery teaching equipment
5.2. regarding seminar The tutorials are held in rooms with internet acces and multimedia
delivery teaching equipment

6. Specific competencies acquired

C2 - Integration of advanced concepts, theories and models specific to financial
management, financial analysis and business valuation.
competencies
Professional

7. Objectives of the discipline (outcome of the acquired competencies)

7.1 General objective of
the discipline
7.2 Specific objective of
the discipline
Developing skills for understanding and analyzing the information
published in annual reports prepared by multinationals in
according with International Financial Reporting Standards
Develop and analyze financial statements based of International
Financial Reporting Standards
Developing skills for assessing the consequences of accounting
policies used by multinationals in preparing the financial
statements on the evolution of financial position, performance,
liquidity and solvency.
Analyzing market position in the industry using annuals reports.
Analysis of management structures and corporate governance
through consultation and use of information in annual reports.

8. Content
Teaching
8. 1 Course Remarks
methods
1. The content and scope of International Financial Consultation of The material is
Reporting Standards national distributed
regulation electronically to
Analysis of students at the
annual reports beginning of the
activity.
PowerPoint
Internet
2. Qualitative characteristics of financial statements IFRS conceptual IFRS volume in
framework Romanian and in
analysis English
Analysis of PowerPoint
annual reports Internet
3.Statement of financial position and statement of Debate IFRS volume in
comprehensive income (IAS 1) Exposure Romanian and in
Analysis of English
annual reports PowerPoint
Synthesis Internet
4. Statement of Cash Flows (IAS 7) Debate IFRS volume in
Exposure Romanian and in
Analysis of English
annual reports PowerPoint
Synthesis Internet
5. Statement of changes in equity and notes (IAS 1) Debate IFRS volume in
Exposure Romanian and in
Analysis of English
annual reports PowerPoint
Synthesis Internet
6. Assets: recognition / derecognition, measurement Debate IFRS volume in
and disclosure (IAS 2, IAS 16, IAS 36, IAS 40, IFRS Exposure Romanian and in
5, IAS 17) Analysis of English
annual reports PowerPoint
Synthesis Internet
7.Liabilities: recognition / derecognition, measurement Debate IFRS volume in
and disclosure (IAS 37, IAS 12, IAS 17) Exposure Romanian and in
Analysis of English
annual reports PowerPoint
Synthesis Internet
8. Off-Balance-Sheet Assets and Liabilities ((IAS 37, Debate IFRS volume in
IAS 17, IAS 10) Exposure Romanian and in
Analysis of English
annual reports PowerPoint
Synthesis Internet
9. Revenues and borrowings costs: recognition / Debate IFRS volume in
derecognition, measurement and disclosure (IAS 18, Exposure Romanian and in
IAS 11, IAS 23) Analysis of English
annual reports PowerPoint
Synthesis Internet
10. Employee Benefits (IAS 19) and share-based Debate IFRS volume in
payments (IFRS 2) Exposure Romanian and in
Analysis of English
annual reports PowerPoint
Synthesis Internet
11. Financial instruments: presentation, recognition Debate IFRS volume in
and measurement (IAS 32, IAS 39, IFRS 7, IFRS 9) Exposure Romanian and in
Analysis of English
annual reports PowerPoint
Synthesis Internet
12. Joint Arrangements (IFRS 11). Debate IFRS volume in
Disclosure of Interests in Other Entities (IFRS 12) Exposure Romanian and in
Analysis of English
annual reports PowerPoint
Synthesis Internet
13. Business combinations (IFRS 3) Debate IFRS volume in
 Exposure Romanian and in
Analysis of English
annual reports PowerPoint
Synthesis Internet
14. Analysis of the consolidated financial statements Debate IFRS volume in
Exposure Romanian and in
Analysis of English
annual reports PowerPoint
Synthesis Internet
Bibliography
Grbin, M., Bunea, S. (2010) Sinteze, studii de caz i teste gril privind aplicarea IAS (revizuite)-
IFRS, vol. I, vol. II, Bucureti: Ed. CECCAR
Grbin, M., Bunea, S. (2008) Sinteze, studii de caz i teste gril privind aplicarea IAS (revizuite)-
IFRS, vol. III, Bucureti: Ed. CECCAR
Thomas, R.R., Hennie van Greuning, E. Henry, M.A. Broihahn (2008), International Financial
Statement Analysis, Wiley
Stowe, J. D., T.R. Robinson, J. E. Pinto, D. W. McLeavey (2007), Equity Asset Valuation, Wiley
KPMG (2009) Illustrative financial statements International Financial Reporting Standards
Standardele Internaionale de Raportare Financiar (2013), Bucureti: Ed. CECCAR
www.iasb.org
www.sec.gov
www.companyspotlight.com
www.doingbusiness.ro
www.ceccar.ro
www.cafr.ro
Teaching
8. 2 Seminar/lab activities Remarks
methods
1. Statement of financial position and statement of Consultation of IFRS volume in
comprehensive income (IAS 1) national Romanian and in
Statement of Cash Flows (IAS 7) regulation English
Statement of changes in equity and notes (IAS 1) Analysis of PowerPoint
annual reports Internet
2. Assets: recognition / derecognition, measurement Analysis of IFRS volume in
and disclosure (IAS 2, IAS 16, IAS 36, IAS 40, IFRS annual reports Romanian and in
5, IAS 17) English
PowerPoint
Internet
3. Liabilities: recognition / derecognition, Analysis of IFRS volume in
measurement and disclosure (IAS 37, IAS 12, IAS 17, annual reports Romanian and in
IAS 19, IFRS 2) Case studies English
PowerPoint
Internet
4. Off-Balance-Sheet Assets and Liabilities ((IAS 37, Analysis of IFRS volume in
IAS 17, IAS 10) annual reports Romanian and in
Case studies English
PowerPoint
Internet
5. Financial instruments: presentation, recognition and Analysis of IFRS volume in
measurement (IAS 32, IAS 39, IFRS 7, IFRS 9) annual reports Romanian and in
Case studies English
 PowerPoint
Internet
6. Financial instruments: presentation, recognition and Analysis of IFRS volume in
measurement (IAS 32, IAS 39, IFRS 7, IFRS 9) annual reports Romanian and in
Case studies English
PowerPoint
Internet
7. Business combinations (IFRS 3) Analysis of IFRS volume in
annual reports Romanian and in
Case studies English
PowerPoint
Internet
Bibliography
Grbin, M., Bunea, S. (2010) Sinteze, studii de caz i teste gril privind aplicarea IAS (revizuite)-
IFRS, vol. I, vol. II, Bucureti: Ed. CECCAR
Grbin, M., Bunea, S. (2008) Sinteze, studii de caz i teste gril privind aplicarea IAS (revizuite)-
IFRS, vol. III, Bucureti: Ed. CECCAR
Thomas, R.R., Hennie van Greuning, E. Henry, M.A. Broihahn (2008), International Financial
Statement Analysis, Wiley
Stowe, J. D., T.R. Robinson, J. E. Pinto, D. W. McLeavey (2007), Equity Asset Valuation, Wiley
KPMG (2009) Illustrative financial statements International Financial Reporting Standards
Standardele Internaionale de Raportare Financiar (2013), Bucureti: Ed. CECCAR
www.iasb.org
www.sec.gov
www.companyspotlight.com
www.doingbusiness.ro
www.ceccar.ro
www.cafr.ro

9. Corroborating the content of the discipline with the expectations of the epistemic
community, professional associations and representative employers within the field of the
program
In defining content elements of the course, we considered the recommendations of national
professional bodies (CECCAR-Body Expert and Licensed Accountants of Romania and CAFR -
Chamber of Financial Auditors of Romania), ACCA (The Association of Chartered Certified
Accountants) , the Big Four, and of international education standards set by IFAC (International
Federation of Accountants).

10. Evaluation
10.3 Share
10.1 Evaluation
Type of activity 10.2 Evaluation methods in the final
criteria
grade (%)
10.4 Course
 Individual and Continuous assessment 50.00
theam homework (frequency, strength of
10.5. Seminar/lab activities interaction, project)

10.6.Final assessment Written exam 50.00

Achieving a 50% shared themes and support in a group of
10.7. Minimum performance
maximum 3 persons of a project aimed at analyzing the
standard
annual report published by a multinational company

Date of syllabus Signature of the professor for the Signature of the professor for the
proposal course seminar
conf.univ.dr.BUNEA Stefan conf.univ.dr.BUNEA Stefan
10.09.2013
............................................. .............................................

Date of the approval in the Signature of the Head of the department

department

12.09.2013 ..............................................................