Being able to prepare financial statements according to IFRS.
-Understanding the rationale behind accounting methods and disclosures required by IFRS.
-Understanding the pros and cons of (allowed) alternative treatments.

The course is targeted at students preparing for careers in which they extensively use, prepare, or audit financial statements. The course focuses specifically on financial reporting issues faced by large, internationally operating organizations. A major part of the course is dedicated to business combinations and the preparation of consolidated financial statements. The course will be taught using International Financial Reporting Standards (IFRS). Next to the application of the relevant standards and interpretations, the course will also deal with the rationale behind these standards and will consider recent developments in standard-setting at various occasions.

Picker, K. Clark, J. Dunn, D. Kolitz, G. Livne, J. Loftus, and L. van der Tas, Applying IFRS Standards, fourth edition, 2016, Wiley.

• Students entering the course should have knowledge of financial accounting at an intermediate level.
• We expect students who have a major in accounting or finance to be more successful in dealing with the level and intensity of the course.
• Exchange students need to have obtained a bachelor degree with a major in Business.
• An advanced level of English