[Forside] [Hovedområder] [Perioder] [Udannelser] [Alle kurser på en side]
The objective of the course:
To make the student capable of creating financial reports of class A, B, C and D companies and create group, mother and daughter financial reports incl. Supplements and cash flow statement. The student should be able to discuss the valuation of the different items in the financial reports using the company accounts act and international accounting standards.
Relations to other courses
The course builds on the understanding of the financial account introduced in basic financial accounting.
Course background:
Financial reports are prepared by companies in order to provide information that is useful to others in making economic decisions. The course covers the financial statement, which contains information about the company's earnings within a given
period of time and about its economic position at the end of that period. This type of information is especially geared towards the capital market, which, on the basis of the statement, evaluates the profit return policy, the future earnings capacity and cash flows as well as the credit worthiness.
The course covers the problems concerning the measurement of assets and liabilities and the recognition of revenue and expenses, which is supposed to lead to an informative balance sheet and income statement.
In continuation of this, the course covers cash flow statements, and the consolidated statement (group accounts).
THE CENTRAL ISSUES OF THE COURSE:
The focus will be on the following topics as a means for the development of the general as well as specific competences. As a way of presenting the issues, these topics all combine established theoretical subjects with application oriented problems:
• Handling of central accounting items, including:
AU-IBT's strategic value : Proximity to business.
Proximity to business is ensured through inclusion of real financial reports in cases, examples and exercises and the use of guest lecturers from auditing and accounting companies.
None
Will be informed later
Lectures and exercises
See book list available on AU-IBT's student e-learning portal BlackBoard. Can be informed on inquiry.
At the end of the 4 th semester is there an interdisciplinary case-examination in Management Accounting I and II, Financial Accounting and International Finance.
The students have to make a report plus an excel spreadsheet based on a case. The report has to be made in groups on 3 - 4 students. Based on the report there will be an individual oral examination with internal censor.
The final grade will be a mix of the report, the computer skills showed in the excel spreadsheet and the oral examination. The oral examination can include any topic mentioned under course contents.
