Financial accounting and reporting
Financial accounting is one of the most important economic discipline that is closely connected with the forming and using of financial information. Financial reporting is the basis for making decisions by external users.
The goal of mastering the discipline
Formation of knowledge in the field of financial accounting and skills for making management decisions using this knowledge by external users of financial information
The skills you get
- you will learn the basic principles of financial accounting theory
- you will learn how to keep accounting
- you will master the primary skills of preparing financial reporting
Topics covered
- 1. Principles of financial accounting. Assumptions of financial accounting. Limitations of financial accounting
- 2. Accounting of fixed assets Accounting of investments in non-current assets. Accounting of intangible assets. Accounting of investment property
- 3. Accounting of inventories. Accounting of accounts receivable. Accounting of cash
- 4. Accounting of equity. Accounting of profit
- 5. Accounting of loans and borrowings. Accounting of accounts payable
- 6. Financial statements (Balance sheet, Income statement, Cash Flow Stetement)
When instructed
- 3rd year, 1st and 2nd semester
List of references and sourses
IFRS (International financial reporting standards)
Instructors
Phone
Mail