APPLIES TO ACADEMIC YEAR 2012/2013
NSA 2513 Ship Accounting|
Responsible for the course
Hans Robert Schwencke
Department of Accounting - Auditing and Law
According to study plan
Language of instruction
Students will get basic insights into the Conceptual Framework of International Financial Reporting Standards (IFRS) and in some the standards, (IAS 39/IFRS 9) and Business Combinations (IFRS 3 and IAS 27) The course also gives insight into the implementation of IFRS in Norway.
After taking the course, the students shall be able to apply knowledge (i.e. concepts and skills) in analyses and discussions on:
The students will know national and international accounting principles, and shall be able to ask critical questions and reflect on crucial assumptions and theories within the Ship Accounting field.
Basic Course in Accounting.
Alexander, David and Christopher Nobes. 2010. Financial accounting : an international introduction. 4th ed. Pearson Education Limited
Articles and book chapters. Information about the final list of literature is given in the lectures and on the It's Learning site of the course.
Accounting analysis and function. Recognition, measurement and presentation of assets and liabilities, revenue and expenses. Accounting of special issues relevant to shipping companies, including vessel operation. Focus is on the conceptual framework of IFRS and a special focus will be on the tax laws' impact on international shipping companies.
1. General accounting principles
A three hour individual exam concludes the course.
NSA 25131 - Written exam, accounts for 100% of the final grade in NSA 2513 Ship Accounting 7,5 credits.
Examination support materials
A BI-defined exam calculator is allowed. TEXAS INSTRUMENTS BA II Plus™
Examination support materials at written examinations are specified under exam information in our web-based Student Handbook. Please note the use of calculator and dictionary. http://www.bi.edu/studenthandbook/examaids
In connection with the next ordinary examination.