Courses Exchange Display 2024-2025

Course Description To PDF
Course title Advanced Financial Accounting
Course code EBC4074
ECTS credits 6,5
Assessment Whole/Half Grades
Period
Period Start End Mon Tue Wed Thu Fri
4 3-2-2025 30-3-2025 X X
Level Advanced
Coordinator Dimitris Kanelis
For more information: dimitris.kanelis@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
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.
Literature
Picker, K. Clark, J. Dunn, D. Kolitz, G. Livne, J. Loftus, and L. van der Tas, Applying IFRS Standards, fourth edition, 2016, Wiley.
Prerequisites
This course is in transition for the:
* master Business Research - No specialisation
* master Business Research - Operations Research
* master Fiscal Economics.
See the Master Education and Examination Regulations for more information.

The following rule applies to master Business Research students who started the programme prior to academic year 2024-2025.
TRANSITIONAL REGULATION (EBC4074):
The master Business Research has been discontinued.
Courses of the Business Research master’s programme will continue to be offered until and including academic year 2025-2026 with exam opportunities running until and including 2026-2027.

The following rule applies to master Fiscal Economics students who started the programme prior to academic year 2024-2025.
TRANSITIONAL REGULATION (EBC4074):
The master Fiscal Economics has been discontinued.
Courses of the Fiscal Economics master’s programme will continue to be offered until and including academic year 2024-2025 with exam opportunities running until and including 2025-2026.


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 (indicative; course manual is definitive) PBL / Presentation / Assignment / Groupwork
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
Master Business Research - No specialisation Transitional Regulation
Master Business Research - Operations Research Transitional Regulation
Master Fiscal Economics Transitional Regulation
Master International Business - Accounting and Business Information Technology Compulsory Course(s)
Master International Business - Accounting & Control (parttime/NL) Compulsory Course(s)
SBE Exchange Master Master Exchange Courses
SBE Non Degree Courses Master Courses