Please note! Course description is confirmed for two academic years (1.8.2018-31.7.2020), which means that in general, e.g. Learning outcomes, assessment methods and key content stays unchanged. However, via course syllabus, it is possible to specify or change the course execution in each realization of the course, such as how the contact sessions are organized, assessment methods weighted or materials used.
This course provides overview of most significant international financial reporting standards (IFRSs) and includes illustrative financial statements, case studies and examples. Additionally, the students will learn to know the challenges that enterprises and auditors are facing in applying them.
Schedule: 12.04.2018 - 22.05.2018
Teacher in charge (valid 01.08.2020-31.07.2022): Nina Sormunen
Teacher in charge (applies in this implementation): Hannu Ojala
Contact information for the course (applies in this implementation):
CEFR level (applies in this implementation):
Language of instruction and studies (valid 01.08.2020-31.07.2022):
Teaching language: English
Languages of study attainment: English
CONTENT, ASSESSMENT AND WORKLOAD
To work as company controller and be able to contribute to the preparation of financial statements according to international accounting standards. To work as an auditor and being able to audit IFRS financial statements. To work as a financial analyst and being able to analyze IFRS-prepared financial statements.
Assessment Methods and Criteria
Lectures, cases, and class discussions.
Written examination (60%) and term paper (40%) that are based on the lectures and course literature.
Melville Alan (2019). International Financial Reporting A Practical Guide.
At least three financial accounting courses.
Additionally, the course has a mandatory assignment that need to be completed before the first lecture.
- Teacher: Hannu Ojala