Master-Program Financial Management (MBA)

Course-Syllabus

Professor/Lecturer: Prof. Matthias Kropp and WP/StB Ralf Otto

Course Title: International Accounting (IAS/IFRS)

Course Content and Course Objectives: Introduction to International

Financial Reporting Standards and their application in preparation and
analysis of financial statements.

Students need to be familiar with basic accounting techniques (such as

double entry bookkeeping) and the meaning of standard accounting terms
(such as income/expense vs. receipt of payment/payout; balance sheet,
income statement, etc.)

Course Outline:
1) Introduction to IFRS in general and its framework
2) Financial Statements – Presentation and Disclosure:
Financial Statements and Notes, Cashflow Statement, Segment
Reporting, Interim Reporting, Related Party disclosures, Earnings per
share, Events after the reporting period.
3) Changes in Accounting
4) Revenue recognition
Construction Contracts, Multiple Elements
5) Major items
Property Plant & equipment, Intangible Assets, Inventories, Leases,
Employee Benefits, Borrowing Costs, Income Taxes, Provisions and
contingent liabilities
6) Financial instruments
Overview, Equity vs. Liability, Hedge accounting
7) Special topics
Assets held for sale and discontinuing operations, Effects of foreign
exchange rates

Textbook:
(1) IFRS Bound Volume 2010
(2) Epstein, Barry Jermakowicz, Eva: IFRS 2010 Interpretation and
Application of International Financial Reporting Standards.
Examination / Grading:      
Description:

Course Content and Course Objectives

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you intend to teach. The student should have a short overview of what he
has to expect from this class.

Please list also what objectives you have in mind concerning the outcomes
of this class for your students, i.e. proficiency in analyzing situations,
expertise in specific financial management tools etc.>

Course Outline

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outline structures the course contents over the one semester teaching
period.>

Textbook

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office) that at least one copy is in the library. Of course, additional literature
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Examination / Grading

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accordance with the "Studien- and Prüfungsordnung" of the Financial
Management Program. Please provide information for the students how
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