Courses Bachelor Display 2025-2026

Course Description To PDF
Course title Intermediate Financial Accounting
Course code EBC2056
ECTS credits 6,5
Assessment Whole/Half Grades
Period
Period Start End Mon Tue Wed Thu Fri
2 27-10-2025 12-12-2025 X X
5 13-4-2026 5-6-2026 X X
Level Intermediate
Coordinator Nico Bloumis
For more information: n.bloumis@maastrichtuniversity.nl
Language of instruction English
Goals
Understanding the sources and implications of international differences in accounting approaches,
Becoming familiar with IAS/IFRS, but more importantly,
Developing the conceptual knowledge of financial accounting in order to facilitate the understanding (i) of current financial accounting practice, (ii) of why IAS/IFRS prescribes certain accounting methods, (iii) of why other standard setters (such as the US FASB) may have chosen to prescribe alternative methods, (iv) of how financial statements may be used to base business decisions on.
Description
The course covers corporate financial accounting and reporting. The objectives of and international differences in financial accounting are discussed. However, the focus of the course will be on the understanding and application of financial accounting methods required by IAS/IFRS in various areas. During the meetings the required literature, questions, and assignments will be discussed. The last tutorial will focus on accounting data analytics and how accounting numbers may signal important information to the market.
Literature
Kieso, Weygardt and Warfield, Intermediate Accounting: IFRS Edition (3rd edition), 2017, Wiley.
Prerequisites
PREREQUISITES

A basic understanding of financial accounting (e.g., introductory accounting course) is necessary.

TRANSITIONAL REGULATIONS
  • Bachelor Economics and Business Economics - Economics and Management of Information [2024-2025 or earlier]
  • Bachelor Economics and Business Economics - International Business Economics [2024-2025 or earlier]
  • From 2025-2026 onwards, education and exam/resit opportunities are offered.
    Alternative options may be available. See the Bachelor EER 2025-2026 Appendix I Article 16 for more information.
Academic YearEducationExam/ResitReplacement(s)
2025-2026 onwardsXXSee the Bachelor EER 2025-2026 Appendix I Article 16 for more information
TRANSITIONAL REGULATIONS
  • Bachelor Fiscal Economics
  • In 2024-2025, 2025-2026, and 2026-2027 education and exam/resit opportunities are offered.
  • In 2027-2028 exam/resit opportunities are offered.
  • From 2028-2029 onwards, the course is cancelled.
Academic YearEducationExam/ResitReplacement(s)
2024-2025 - 2026-2027XX 
2027-2028 X 
2028-2029 onwards   
Teaching methods (indicative; course manual is definitive) PBL / Presentation
Assessment methods (indicative; course manual is definitive) Participation / Written Exam
Evaluation in previous academic year For the complete evaluation of this course please click "here"
This course belongs to the following programmes / specialisations
Bachelor Economics and Business Economics - Economics Year 3 Business Elective(s)
Bachelor Economics and Business Economics - Emerging Markets Year 3 Elective Course(s)
Bachelor Economics and Business Economics - Economics and Management of Information In transition - Year 2+3 Elective Courses
Bachelor Economics and Business Economics - Economics and Management of Information Year 3 Free Elective
Bachelor Economics and Business Economics - International Business Economics In transition - Maj Accounting - Accounting Elec
Bachelor Economics and Business Economics - International Business Economics In transition - Maj Accounting - Core Courses
Bachelor Economics and Business Economics - International Business Economics In transition - Maj Inf Mgmt - Business Elec
Bachelor Economics and Business Economics - International Business Economics In transition - Maj Macro - Business Elec
Bachelor Economics and Business Economics - International Business Economics In transition - Maj Micro - Business Elec
Bachelor Economics and Business Economics - International Business Economics Year 3 Business Elective
Bachelor Economics and Business Economics - International Business Economics Year 3 Core Course(s) - Maj Accounting
Bachelor Econometrics and Operations Research Year 3 Elective Course(s)
Bachelor Fiscal Economics In transition - Year 3 Elective Courses
Bachelor International Business - Emerging Markets Year 3 Elective Course(s)
Bachelor International Business Year 3 Business Elec(s) - Maj Finance
Bachelor International Business Year 3 Business Elec(s) - Maj Inf Mgmt
Bachelor International Business Year 3 Business Elec(s) - Maj Marketing
Bachelor International Business Year 3 Business Elec(s) - Maj Org
Bachelor International Business Year 3 Business Elec(s) - Maj SCM
Bachelor International Business Year 3 Business Elec(s) - Maj Strategy
Bachelor International Business Year 3 Core Course(s) - Maj Accounting
Pre-master International Business specialisation Accounting and Business Information Technology Disciplinary Course(s)
Pre-master International Business specialisation Accounting and Control Disciplinary Course(s)
Pre-master International Business specialisation Managerial Decision-Making and Control Disciplinary Course(s)
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