• Introduction to fundamental concepts of accounting.
• Understanding of the main components of financial reports with a focus on the balance sheet, the income statement and the cashflow statement.
• Basic bookkeeping skills and their practical application.
• Application of learned key concepts.

By the end of this course, students will be able to:

• Explain the basic concepts and principles of financial accounting.
• Analyze and construct the key financial statements: the balance sheet and income statement.
• Apply double-entry bookkeeping to record common business transactions.
• Prepare and interpret financial statements from a set of business transactions.
• Evaluate financial information to make informed business decisions.
• Collaborate effectively in teams to solve real-world accounting problems

Attendance in 80% of classes is a mandatory.

• Interactive Lectures: Each session will begin with an interactive lecture introducing key concepts and principles, supported by real-world examples.
• Student Presentations: Students will present on assigned topics to encourage peer learning and deepen understanding of course material.
• Hands-on Exercises: Practical exercises will be used to apply concepts, particularly in bookkeeping and financial statement preparation.
• Group Work: Collaborative group activities, including case study analysis, will foster teamwork and the application of learned concepts to real-world scenarios.
• Quizzes and Assessments: Quizzes will assess understanding of key concepts, and other assessments will gauge the ability to apply knowledge in a practical context.
• Discussion and Feedback: Each session will include discussion and feedback rounds

• Participation: 20% (including presentations and class discussions)
• Quizzes: 20% (based on reading assignments and key concepts)
• Case Studies: 20% (group work and presentations)
• Final Exam: 20%
• Final Reflection: 20% (written reflection on learning outcomes)

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Primary Textbook:
Aerts/Walton, Global Financial Accounting and Reporting: Principles and Analysis, 5th edition

Additional Material:
Alexander/Nobes , Financial Accounting - An International Introduction, 
Britton/Jorissen/Hoogendorn/Mourik, C. (2023). International Financial Reporting and Analysis, 9th Edition