Vorlesungsverzeichnis

Financial Accounting (Vorlesung/Übung)

Dozent/in: Patrick Velte

Termin:
wöchentlich | Dienstag | 08:15 - 11:45 | 06.04.2020 - 12.06.2020 | W HS 3 | Die Lehrveranstaltung findet in digitaler Form statt.

Inhalt: You will learn about... - bookkeeping in a trading and industrial company (e.g. movements of goods, wages and salaries, material consumption) - Understanding the economic need for non financial reporting (CSR reporting and integrated reporting) - Deriving and judging the internationalization of financial accounting - Analyzing the institutional framework, functions and basic principles of “German commercial code” (GCC) and IFRS and of the elements of the financial statement - Developing a systematic understanding for approaches to recognition and assessment of assets, liabilities, revenues and expenses according to GCC and IFRS I. Fundamentals of financial accounting 1. Definition and areas 2. Functions and content 3. Inventory and stocktaking 4. balance sheet 5. income statement II. Corporate Social Responsibility (CSR) and financial accounting 1. Introduction 2. Corporate social responsibility reporting 3. Integrated reporting III. Bookkeeping in a trading and industrial company (see moodle E-learning test) 1. Transactions with no impact on income 2. Transactions with impact on income 3. Private transactions 4. Types of changes in the balance sheet 5. Movement of goods 6. Money transfer 7. Payment of wages 8. Material consumption 9. Depreciation and appreciation 10. Deferred items 11. Provisions IV. Comparative analysis of financial accounting according to GCC and IFRS 1. What is “financial accounting”? 2. Legal system and equity market 3. Range of users 4. Standardsetting 5. Goals 6. Elements of the financial statement 6.1. General remarks 6.2. Balance sheet 6.3. Income statement/Statement of comprehensive income 6.4. Notes 6.5. Statement of changes in equity 6.6. Cash flow statement 6.7. Segment report 6.8. Management report/management commentary 7. Capitalization and measurement of assets 7.1. Definition of an asset & assessment approaches 7.2. Acquisition costs & manufacturing costs 7.3. Fair value 7.4. Present value 7.5. Property. Plant & Equipment 7.6. Intangible assets and goodwill 7.7. Financial assets/financial instruments/investment properties 7.8. Current assets 8. Capitalization and measurement of debts

• Leuphana Bachelor - Major International Business Administration & Entrepreneurship - Financial Accounting