Courses Exchange Display 2019-2020

Course Description To PDF
Course title Accounting and Financial Reporting
Course code EBC1038
ECTS credits 6,5
Assessment None
Period
Period Start End Mon Tue Wed Thu Fri
2 28-10-2019 20-12-2019 L X X
Level Introductory
Coordinator Annelies Renders
For more information: a.renders@maastrichtuniversity.nl
Language of instruction English
Goals
* Learn how to prepare financial statements (income statement, balance sheet, cash flow statement) at an introductory level using International Financial Reporting Standards (IFRS).
* Understand how managerial judgement plays a role in selecting accounting methods and measurement.
* Learn how to analyze and interpret financial statements.
* Understand how managerial incentives, managerial judgement, auditing and corporate governance affect the quality of financial statements.
Description
The aim of this course is to introduce financial accounting and reporting. Students will learn how to record business transactions and draw up financial statements (balance sheet, income statement and cash flow statement). Understanding the basic principles underlying ‘the language of business’ is essential to anyone who will be involved in the preparation (e.g., controllers), monitoring (e.g., supervisory board members, auditors, stock market regulators), analysis (e.g., financial analysts, M&A consultants), or use (e.g., venture capitalists, governments, private shareholders, bondholders) of financial accounting information. The course also addresses other factors (such as accounting regulation, auditing, corporate governance and managerial incentives and judgement) that affect the preparation and use of financial statements as well as techniques for analyzing financial statements.
Literature
Harrison, Horngren, Thomas, Tietz, and Suwardy, 2018, Financial Accounting (IFRS): Global Edition, Pearson, 11th edition.
Prerequisites
An advanced level of English
No specific required knowledge requested
Keywords
Teaching methods PBL / Lecture
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
Bachelor Economics and Business Economics - Economics and Management of Information Year 1 Compulsory Course(s)
Bachelor Economics and Business Economics - Economics Year 1 Compulsory Course(s)
Bachelor Economics and Business Economics - Emerging Markets Year 1 Compulsory Course(s)
Bachelor Economics and Business Economics - International Business Economics Year 1 Compulsory Course(s)
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