Credits: 6

Schedule: 14.04.2020 - 27.05.2020

Teacher in charge (valid 01.08.2018-31.07.2020): 

Prof. Pontus Troberg (Hanken), Professor of Practice Hannu Ojala and PhD Nina Sormunen (Aalto)

Teaching Period (valid 01.08.2018-31.07.2020): 

2018-2019: II (Fall 2018 at Hanken; 22.10-7.12.2018) & V (Spring 2019 at Otaniemi campus).

2019-2020: V (Spring 2020 at Otaniemi campus). No Hanken co-operation course after autumn 2018.

Learning Outcomes (valid 01.08.2018-31.07.2020): 

The students will learn to know the most important international financial reporting standards and the challenges that enterprises and auditors are facing in applying them.

Content (valid 01.08.2018-31.07.2020): 

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 (valid 01.08.2018-31.07.2020): 

Lectures, cases, and class discussions.

Spring (organized by Aalto): Written examination (60%) and term paper (40%) that are based on the lectures and course literature.

NB! Old Hanken course only, not applicable in V period course: Fall 2018 (organized by Hanken): Examination (100%). Student has to submit an extra assignment (grading pass/fail) in MyCourses to complete the 6 cr course.

Study Material (valid 01.08.2018-31.07.2020): 

Course in Aalto:

Melville Alan (2015). International Financial Reporting – A Practical Guide.

Troberg, Pontus (2013). IFRS Now - In the Light of US GAAP and Finnish Practice.

Availability

 

 

Course in Hanken:

Troberg, Pontus (2013). IFRS Now - In the Light of US GAAP and Finnish Practice.

Availability

Course Homepage (valid 01.08.2018-31.07.2020): 

https://mycourses.aalto.fi/course/search.php?search=22E00400

Prerequisites (valid 01.08.2018-31.07.2020): 

At least three financial accounting courses.

Grading Scale (valid 01.08.2018-31.07.2020): 

0-5.

Registration for Courses (valid 01.08.2018-31.07.2020): 

Registrations via Aalto WebOodi to both courses (also to course held at Hanken). Please see WebOodi for the registration dates. Please note that the time of registration for the course held at Hanken might differ from normal Aalto-courses.

If more students have enrolled by the enrolment deadline than can be accepted on the course, priority will be given to students based on their study right: 1. Master's degree students in Accounting 2. Exchange students 3. Master's students in other majors 4. Bachelor's students in Accounting who have completed more than 150 cr 5. Bachelor's students in other majors who have completed more than 150 cr

Further Information (valid 01.08.2018-31.07.2020): 

The course will be lectured at Hanken in the II period. Please note that the course in II period is not a CEMS course. Registration happens through Aalto WebOodi. A maximum of 40 Aalto Econ MSc students will be accepted to the course. Priority will be given to students of the Accounting MSc program. Teaching times and classrooms at Hanken will be available in Schema. Lecture and exam dates are available in Hanken’s WebOodi with Hanken’s course code 21022.

If you take the course at Hanken (5 cr), you have to submit an article analysis assignment of 1 cr during the course to complete the whole course. Instructions for the assignment and how to submit it will be available on the MyCourses page. Contact person related to the extra assignment is Hannu Ojala.

The course will be lectured at Aalto in the V period. Maximum on 60 Msc. students will be accepted to the course. Priority will be given to students of the Accounting MSc program and CEMS students.

Please note! Attendance to the first lecture is mandatory.

Description

Registration and further information