5347 Specialization in Business Administration Course II - International Corporate Reporting
Dr. Josef Baumüller, Elisabeth Renner, MSc (WU)
Contact details
Weekly hours
Language of instruction
04/30/19 to 05/02/19
Registration via LPIS
Notes to the course
Day Date Time Room
Friday 05/10/19 09:00 AM - 12:30 PM TC.2.01
Friday 05/17/19 09:00 AM - 12:30 PM TC.2.01
Friday 05/24/19 09:00 AM - 12:30 PM TC.2.01
Wednesday 05/29/19 09:00 AM - 11:00 AM D5.0.001
Thursday 06/06/19 09:00 AM - 12:30 PM TC.2.01
Friday 06/07/19 08:00 AM - 11:30 AM Extern
Friday 06/14/19 09:00 AM - 12:30 PM TC.2.01
Saturday 06/29/19 09:00 AM - 11:00 AM TC.0.01 ERSTE

The course provides participants with detailed knowledge of corporate reporting under International Financial Reporting Standards (IFRS). It focusses on the application of selected IFRS. An overview of applicable standards is provided and selected standards (IAS 7, IAS 19, IAS 32, IAS 37, IFRS 9, IFRS 13, IFRS 15, IFRS 16) are covered in more detail. When presenting the selected IFRS, the underlying theoretical concepts are covered before demonstrating their practical application.

Learning outcomes

By attending the course, the participants obtain deepened knowledge about financial reporting under IFRS. They acquire practice-relevant knowledge in selected areas of IFRS like revenue recognition and financial instruments. The course helps them to understand and critically evaluate selected IFRS as well as to apply IFRS recognition and measurement rules.

Attendance requirements

This course is a PI course with 80% attendance. Attendance is mandatory and will be checked on a regular basis.

Teaching/learning method(s)

The course consists of lectures, practical examples and discussions. The lectures are partly based on international textbooks and partly on the text of IFRS standards. Relevant chapters in the books and additional material will be announced throughout the course. Prior to every class, students are asked to prepare certain contents; after each class, additional examples can be used for exam preparation.


Assessment is based on:

· Course paper: 10 %

· Interim exam: 45 %

· Final exam: 45 %

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

Prerequisites for participation and waiting lists

This course is a PI course with 80% attendance. Students who are not present in the first unit will be deregistered and the place will be given to some other student on the waiting list.

Recommended previous knowledge and skills

Good knowledge of bookkeeping and accounting under national reporting standards (UGB, HGB or other national reporting standards). The students are expected to have knowledge from an undergraduate financial accounting course.

Having passed AMC III prior to the course is not required, however, strongly recommended. Otherwise, it might be necessary to independently study required fundamentals such as (e.g.) cashflow statements or financial ratios during the course.

Last edited: 2019-02-25