22E00400 - International Accounting, Lecture, 13.1.2025-17.2.2025

Please note! Course description is confirmed for two academic years, 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.

LEARNING OUTCOMES

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 IFRS, including sustainability-related reporting.

Credits: 6

Schedule: 13.01.2025 - 17.02.2025

Teacher in charge (valid for whole curriculum period):

Teacher in charge (applies in this implementation): Hannu Ojala

Contact information for the course (applies in this implementation):

CEFR level (valid for whole curriculum period):

Language of instruction and studies (applies in this implementation):

Teaching language: English. Languages of study attainment: English

CONTENT, ASSESSMENT AND WORKLOAD

Content

  • valid for whole curriculum period:

    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 for whole curriculum period:

    Grounds for evaluation: examination, team assigments and individual assignments

Workload

  • valid for whole curriculum period:

    • Lectures
    • Independent studying
    • Term paper & other assignments
    • Exam

DETAILS

Study Material

  • valid for whole curriculum period:

    Melville Alan (2019). International Financial Reporting A Practical Guide.

Substitutes for Courses
Prerequisites
SDG: Sustainable Development Goals

    8 Decent Work and Economic Growth

FURTHER INFORMATION

Further Information

  • valid for whole curriculum period:

    Teaching Language: English

    Teaching Period: 2024-2025 Spring III
    2025-2026 Spring III

    Registration:

    A maximum of 60 students can be accepted to the course. 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, CEMS students 3. Bachelor's students in Accounting who have completed more than 150 cr 4. Master's students in other majors 5. Bachelor's students in other majors who have completed more than 150 cr

Rules of Conduct - Students´ Rights and Responsibilities (in force from 1 August 2020)

Aalto University Code of Academic Integrity and Handling Violations Thereof