Checking date: 06/07/2021

Course: 2021/2022

Principles of Accounting
Study: Master in Business Administration (MBA) (301)

Coordinating teacher: TOLDRA SIMATS, ANNA

Department assigned to the subject: Department of Business Administration

Type: Compulsory
ECTS Credits: 3.0 ECTS


Requirements (Subjects that are assumed to be known)
Some basic knowledge of accounting techniques and financial statements is required.
After this course you should be able to: 1. Be comfortable looking through the financial statements and annual report 2. use financial statements to assess a company¿s performance 3. Write and present financial reports of professional quality 4. Make strategic decisions using financial statements with a consideration of professional ethics
Skills and learning outcomes
Description of contents: programme
Class 1: Basic elements of financial accounting. Readings: Slides, Ch. 1, 3, & 4 of Harrison et al. Class 2: The Cash flow statement Readings: Slides, Ch. 11 of Harrison et al. Class 3: Income statement, recognition of revenue and valuation of receivables. Readings: Slides, Ch. 3 & 5 of Harrison et al. Class 4: Accounting for inventories Readings: Slides, Ch. 6 of Harrison et al. Class 5: Accounting for long term assets Readings: Slides, Ch. 7 of Harrison et al. Group Assignment: To be announced Class 6: Accounting for financial investments and equity method Readings: Slides, Ch. 8 of Harrison et al. Class 7: Accounting for liabilities and shareholder¿s equity Readings: Slides, Ch. 9 & 10 of Harrison et al. Class 8: The rises of knowledge industry and sustainability issue, and accounting Readings: Slides, Ch. 7 of Harrison et al. Class 9: Financial statement analysis and people who analyze financial statements Readings: Slides, Ch. 12 of Harrison et al. Group Assignment: To be announced Class 10: Student's presentations
Learning activities and methodology
Lectures Problem-Based Learning - Cases Teamwork
Assessment System
  • % end-of-term-examination 50
  • % of continuous assessment (assigments, laboratory, practicals...) 50
Calendar of Continuous assessment
Basic Bibliography
  • Harrison, Horngren, Thomas, and Suwardy. Financial Accounting: International Financial Reporting Standards. Global Edition. 9th edition. 2015
Additional Bibliography
  • Palepu, Healy, and Peek. Business Analysis and Valuation . 4th edition. 2016
  • William R. Scott. Financial Accounting Theories. 7th edition. 2015
Detailed subject contents or complementary information about assessment system of B.T.

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