BE-516 International Financial Reporting
- ECTS Credits:
- 7.5
- Responsible department:
- School of Business and Law
- Course Leader:
- Victoria Edgar
- Lecture Semester:
- Autumn
- Teaching language:
- English.
- Duration:
- 1 term
The course is connected to the following study programs
- Master's Programme in Accounting and Auditing
- Master's Programme in Business Administration
Teaching language
English.Recommended prerequisites
BE-423 Annual accounts in accordance with good accounting practice.
Course contents
This course presents an in-depth analysis of important accounting topics from the perspective of International Financial Reporting Standards (IFRS). IFRS addresses this challenge by providing a high quality, internationally recognised set of accounting standards that bring transparency, accountability and efficiency to financial markets around the world. Students will obtain a comprehensive understanding of how to apply IFRS to a range of accounting issues. Other important topics shaping financial reporting are also considered, including how financial reporting contributes to sustainability debates.
Learning outcomes
Upon successful completion of this course the students should be able to:
-
Apply International Financial Reporting (IFRS) to practical accounting issues, including the preparation of appropriate journal entries.
-
Understand and apply the accounting concepts and principles of recognition, timing, measurement, presentation, and disclosure.
-
Critically discuss the conceptual and practical challenges surrounding accounting issues, including the choices in reporting and disclosure that companies face.
-
Understand the relevance, purpose and value of financial reporting to sustainability debates.
Examination requirements
Approved compulsory assignment(s). More information will be given in Canvas at the start of the semester.
Teaching methods
Lectures and group work. Estimated workload is about 200 hours.
Evaluation
The person responsible for the course decides, in cooperation with student representatives, the form of student evaluation and whether the course is to have a midway or end of course evaluation in accordance with the quality system for education, chapter 4.1.
Offered as Single Standing Module
No.
Assessment methods and criteria
4-hour written examination under supervision. Assessment expression: letter grade, A-F.
Due to grade requirements for state authorised auditors, a regular examination will be held both autumn and spring.
Reduction of Credits
This course’s contents overlap with the following courses. A reduction of credits will occur if one of these courses is taken in addition:
| Course | Reduction of Credits |
|---|---|
| BE-507 – Financial Accounting 5 | 5 |