Syllabus

Title
0532 Electives Bloc Course II - International Accounting
Instructors
Mag. Magdalena Kuntner, Dr. Barbara Schallmeiner
Contact details
magdalena.kuntner@wu.ac.at, barbara.schallmeiner@wu.ac.at
Type
PI
Weekly hours
2
Language of instruction
Englisch
Registration
09/25/17 to 09/27/17
Registration via LPIS
Notes to the course
Subject(s) Bachelor Programs
Electives Bloc Course II - International Accounting
Dates
Day Date Time Room
Thursday 11/09/17 04:00 PM - 08:00 PM TC.5.02
Friday 11/17/17 01:00 PM - 05:00 PM D4.0.133
Monday 11/20/17 02:00 PM - 06:00 PM TC.3.08
Thursday 11/23/17 03:00 PM - 05:00 PM TC.4.14
Friday 12/01/17 02:00 PM - 05:30 PM TC.4.04
Monday 12/04/17 02:00 PM - 05:30 PM TC.4.02
Friday 12/15/17 03:30 PM - 05:30 PM TC.1.02

On this page:

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Contents

The course concentrates on accounting under International Financial Reporting Standards (IFRS). A selection of the following accounting issues will be covered in class:

  • inventories,
  • construction contracts,
  • property, plant and equipment,
  • impairment of assets,
  • leases,
  • reporting of comprehensive income.
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Learning outcomes
After the course, the students will be able to understand the basics relating to the accounting issues discussed in class. The course will help students to understand, critically judge, implement and apply key elements of IFRS. Moreover, practical examples will illustrate the accounting treatment of specific accounting topics (e.g. property, plant and equipment, inventories, construction contracts, leases).
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Teaching/learning method(s)

The course consists of lectures, practical examples, presentations and class discussions and a final exam.

At the end of the introductory lesson, examples on the accounting topics which are covered in class will be assigned to the students. In groups, the students will develop solutions for the examples and present those solutions in class at a later date. 

Basic knowledge of accounting is required and basic knowledge of IFRS is recommended in order to be able to participate in the course. Therefore, it is recommended (but not necessary) to attend the following course:  International Accounting I - Financial Reporting (course no. 0531).

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Assessment

Assessment is based on: active participation (10 %), two presentations of examples (25 % each) and final exam (40 %).

The presenations of the examples will be on December 1st, 2017, 14:00-17:30 and December 4th, 2017, 14:00-17:30.

The final exam will be on December 15th, 2017, 15:30-16:30.

In order to pass the course, students are required to achieve more than 50 % of the total reachable points.

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Prerequisites for participation and waiting lists

For participants of the Cross-Functional Management Program and WU-incomings only.

For questions concerning enrolment and waiting lists please contact the Coordinator of the Cross-Functional Management Programme at cfm@wu.ac.at.

All students must attend the first class!

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Readings
1 Author: Lüdenbach/Christian
Title: IFRS Essentials 2012

Publisher: LexisNexis
Edition: First Edition
Remarks: recommended - available at the financial accounting and auditing group (Abteilung für Unternehmensrechnung und Revision)
Year: 2011
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Recommended previous knowledge and skills

Basic knowledge of accounting is required. Prior basic knowledge of IFRS is recommended in order to be able to participate in the course.

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Availability of lecturer(s)

Magdalena Kuntner: magdalena.kuntner@wu.ac.at

Barbara Schallmeiner: barbara.schallmeiner@wu.ac.at

For administrative matters and registration please contact cfm@wu.ac.at

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Other
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Last edited: 2017-09-04



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