Checking date: 29/08/2023


Course: 2023/2024

International Accounting
(13482)
Bachelor in Business Administration (Plan: 395 - Estudio: 204)


Coordinating teacher: FLOROPOULOS , NIKOLAOS

Department assigned to the subject: Business Administration Department

Type: Electives
ECTS Credits: 6.0 ECTS

Course:
Semester:




Requirements (Subjects that are assumed to be known)
It is an advanced subject. For this reason, it is necessary to have all the knowledge of: - Introduction to Accounting - Financial Accounting
Objectives
By the end of the course students should have: - Advanced knowledge of international accounting regulation. And be able to: - Analyse, account and interpret complex transactions from an accounting perspective. - Solve any new accounting problem using the knowledge acquired in this and previous courses. - Understand the effect of accounting policies on the figures reported on the financial statements. - Deal with particular problems related to advanced international accounting issues. Skills development: - Initiative and self-learning. - The ability to select and assign priorities within restricted resources and to organize work to meet tight deadlines. - Work in teams. - Present, discuss, report and defend views effectively. - Be able to deal with complex accounting issues. Attitudes: - Compliance with the fundamental ethical principles. - Commitment to continual improvement and lifelong learning. - Critical thinking and analysis of situations.
Skills and learning outcomes
Description of contents: programme
Part I: Introduction to international accounting 1. The regulatory framework. The IASB conceptual framework. Presentation of financial statements (IAS 1). Accounting policies, estimates and errors (IAS 8). Part II: Topics in international accounting 2. Accounting for biological assets (IAS 41). 3. Property, plant and equipment (IAS 16). 4. Fair value measurement (IFRS13). 5. Borrowing costs (IAS 23). 6. Government grants (IAS 20). 7. Intangible Assets (IAS 38). 8. Business Combinations (Goodwill) (IFRS 3). 9. Impairment of assets (IAS 36). 10. Provisions, contingent liabilities and contingent assets (IAS 37). 11. Revenue from Contracts with Customers (IFRS 15). Part III: Advanced topics in international accounting 12. Financial reporting in hyperinflationary economies (IAS 29). 13. Foreign exchange Rates (IAS 21). 14. Earnings per share (IAS 33). 15. Operating segments (IAS 8).
Learning activities and methodology
Students will learn the theory related to this course with the guidance and material provided in class. This knowledge will be acquired through theoretical and practical classes. This course consists of 6 ECTS. The objective of the theory and practical classes is to learn advanced and complex topics of accounting.
Assessment System
  • % end-of-term-examination 0
  • % of continuous assessment (assigments, laboratory, practicals...) 100

Calendar of Continuous assessment


Basic Bibliography
  • MELVILLE, A. International Financial Reporting: A practical Guide.. Pearson International. 2022
  • Wiley. Interpretation and Application of IFRS Standards. John Wiley & Sons, Ltd. 2019

The course syllabus may change due academic events or other reasons.