EXC 3452 Financial Reporting and Analysis
EXC 3452 Financial Reporting and Analysis
The course gives students a thorough understanding of accounting from an international perspective. It is tailored to students with little or no previous knowledge of financial accounting.
After finishing the course, the student should have:
- Learned how the conceptual framework of the International Financial Reporting Standards influences how financial reports are produced,
- Acquired understanding of how financial reporting is used in decision-making processes.
After finishing the course, the student should be able to:
- Use acquired knowledge to produce financial reports at company and group level using IFRS
- Use the financial information in performing analyses of financial reports.
- Understand the concept of fair presentation and its importance for decision-making.
The student should, after finishing the course, be able to:
- Discuss and reflect on how IFRS influences financial reporting
- Be able to give constructive feedback on own work and the work of others.
- The concept of double-entry bookkeeping
- Purpose and uses of accounting
- Fundamentals of recording financial data
- Concepts of accounting
- Regulation of accounting
- International differences and harmonization
- The contents of financial statements
- Financial statement analysis
- Recognition and measurement of the elements of financial statements
- Tangible and intangible fixed assets
- Inventories
- Financial liabilities and equity
The lectures given will support the learning process, but the students are personally responsible for their own learning and must expect an extensive workload outside the lecture room in order to achieve the learning outcome outlined above.
In order to be well prepared for the examination students are expected to solve exercises either individually or in groups.
Re-sit exam in EXC 34521 and EXC 34522 autumn 2021 and spring 2022.
Higher Education Entrance Qualification
Covid-19
Due to the Covid-19 pandemic, there may be deviations in teaching and learning activities as well as exams, compared with what is described in this course description.
Teaching
Information about what is taught on campus and other digital forms will be presented with the lecture plan before the start of the course each semester.
No previous knowledge in accounting is required.
| Assessments |
|---|
Exam category: Submission Form of assessment: Written submission Invigilation Weight: 100 Grouping: Individual Support materials:
Duration: 4 Hour(s) Exam code: EXC34523 Grading scale: ECTS Resit: Examination every semester |
| Activity | Duration | Comment |
|---|---|---|
Teaching | 45 Hour(s) | |
Group work / Assignments | 130 Hour(s) | |
Examination | 25 Hour(s) | Exam incl. preparations. |
A course of 1 ECTS credit corresponds to a workload of 26-30 hours. Therefore a course of 7,5 ECTS credit corresponds to a workload of at least 200 hours.