22E00400 - International Accounting, Lecture, 19.4.2022-30.5.2022

Osion kuvaus

• Select topic Welcome to International Accounting course!

  Welcome to International Accounting course!
  This course will teach you how to understand, apply and explain fundamental concept and principles of most important IFRS standards. At the course you will get a good overall picture of IFRS standards including preparation of financial statements in accordance with IFRS.  You will also understand the main challenges that entities and auditors are facing in applying IFRS standards.

  After successfully completing the course, you will have achieved the following learning outcomes:

  1. Recognize the underlying concept and principles of IFRS

  2. Identify the required format and content of a complete set of financial statements, including identify entity's reportable segments

  3. Identify the classification, recognition, measurement, and disclosure of common financial statement assets and liabilities.
  

  4. Indicate how to measure fair value when required by IFRS standards.
  

  5. Indicate and apply the requirements of new standards on revenue recognition (IFRS 15) and leases (IFRS 16).

  6. Identify and account for an impairment loss with respect to a nonfinancial asset.
  

  7. Classify and measure of non-current assets as either held for use or held for sale

  8. Recognize the accounting treatment applied to share-based payments and employee benefits, as well as to provisions

  9. Recall accounting requirements for business combinations, joint arrangements, and investments in associates.

  10. Indicate tax amounts to be recognized in the financial statements.

  11. Indicate and apply the requirements of new standards on financial instruments (IFRS 9)

  12. Identify the presentation and disclosure requirements of a statement of cash flows, including the proper classification of operating, financing, and investing activities.
  

  Why study accounting?

  In case you are still in a doubt about the importance of learning and understanding accounting, have a look at what Professor Norm Nemrow has to say (you do not have to agree with his taste of home furnishing, but you can surely agree with what he hays).

  
  

  
  

  
  

  • Valitse aktiviteetti Mandatory pre-assignment. Submission deadline Tuesday 19, 2022 at 23:00

    Saatavilla vasta, kun: You are a(n) Opiskelija

    

    Mandatory pre-assignment. Submission deadline Tuesday 19, 2022 at 23:00 Tehtävä
  • Valitse aktiviteetti SELECT AN IAS/IFRS STANDARD FOR YOUR TERM PAPER

    Saatavilla vasta, kun: You are a(n) Opiskelija

    

    SELECT AN IAS/IFRS STANDARD FOR YOUR TERM PAPER Ryhmävalinta

    This is a group work (4-5 students in each group). Select an IAS/IFRS standard for your term paper from the provided groups. 

  • Valitse aktiviteetti Course feedback

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