Courses Master Display 2017-2018

Course Description To PDF
Course title Financial Accounting
Course code EBC4074
ECTS credits 6,5
Assessment Whole/Half Grades
Period
Period Start End Mon Tue Wed Thu Fri
4 5-2-2018 6-4-2018 X X
Level Advanced
Coordinator Annelies Renders
For more information: a.renders@maastrichtuniversity.nl
Language of instruction English
Goals
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.
Description
This course provides an in-depth treatment of various advanced financial reporting methods that play a major role in the financial reporting of multi-national companies. It covers both measurement and (footnote) disclosure issues. Topics that will be discussed in detail include provisions and contingent liabilities, financial instruments, impairment, business combinations, and consolidation of (foreign) subsidiaries. Although a substantial part of the course will focus on the practical application of International Financial Reporting Standards (IFRS), the rationale behind the standards will also be discussed using insights from academic literature.
Literature
Picker, R., Leo K., Loftus J., Wise V., Clark K., and Alfredson R. "Applying International Financial Reporting Standards, 3rd edition, Wiley.
Prerequisites
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
Teaching methods PBL / Presentation / Assignment / Groupwork
Assessment methods 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
Master Business Research IB Electives
Master Business Research Track OR IB Electives
Master Fiscale Economie Economics Electives
Master International Business Specialisation Accountancy Compulsory Courses
Master International Business Specialisation Accounting & Control Compulsory Courses
Master International Business Specialisation Controlling Compulsory Courses
Master International Business Specialisation Entrepreneurship and SME Management Electives
Master International Business Specialisation Organisation: Management, Change and Consultancy Electives
Master International Business Specialisation Strategic Corporate Finance Electives
Master International Business Specialisation Strategy and Innovation Electives
Master International Business Specialisation Sustainable Finance Electives
SBE Exchange Master Master Exchange Courses
SBE Non Degree Courses Master Courses