| Module name (EN): Management Accounting und International Financial Reporting (focus module) |
| Degree programme: International Business, Bachelor, ASPO 01.10.2017 |
| Module code: BIBW-431 |
| SAP-Submodule-No.: P420-0205 |
| Hours per semester week / Teaching method: 4V (4 hours per week) |
| ECTS credits: 5 |
| Semester: 4 |
| Mandatory course: no |
| Language of instruction: English/German |
| Assessment: Written exam (90 minutes / can be repeated annually) [updated 14.03.2018] |
| Applicability / Curricular relevance: BIBW-431 (P420-0205) International Business, Bachelor, ASPO 01.10.2013, semester 4, optional course BIBW-431 (P420-0205) International Business, Bachelor, ASPO 01.10.2017, semester 4, optional course |
| Workload: 60 class hours (= 45 clock hours) over a 15-week period. The total student study time is 150 hours (equivalent to 5 ECTS credits). There are therefore 105 hours available for class preparation and follow-up work and exam preparation. |
| Recommended prerequisites (modules): BIBW-210 Accounting BIBW-310 Cost Accounting BIBW-320 Investment and Financing [updated 26.02.2018] |
| Recommended as prerequisite for: |
| Module coordinator: Prof. Dr. Mana Mojadadr |
| Lecturer: Prof. Dr. Mana Mojadadr Prof. Dr. Günter Pochmann Prof. Dr. Michael Zell [updated 26.02.2018] |
| Learning outcomes: Management Accounting: After successfully completing this module, students will: - know and have mastered the application possibilities of cost accounting instruments for solving short-term problems, - be able to assess and analyze the profitability of a company according to different aspects, - have mastered the main instruments of operative controlling, especially for planning, control and deviation analysis, and be able to implement them using computer technology (e. g. in Excel), - be able to apply their knowledge to practical questions, e. g. in the form of exercises and case studies. International Financial Reporting: - Students will have acquired structured knowledge of the basics of the International Financial Reporting Standards (IFRS). - They will have deepened their specialist knowledge of German accounting standards by comparing them with the IFRS. - Students will be able to understand and critically interpret a company´s practical financial information from economic journals and the company´s annual reports. Management Accounting: [updated 04.02.2020] |
| Module content: - Decision-based costing - Profitability analysis and contribution costing analysis - Planning, control and deviation analysis International Financial Reporting: - History, supporting organizations and structure of the IFRS - Objectives and underlying assumptions of the IFRS - Comparative presentation of significant financial reports: balance sheet, statement of comprehensive income, cash flow statement, segment reporting - Accounting and valuation methods in the balance sheet, especially the "fair value" concept - References to accounting policy options [updated 14.03.2018] |
| Teaching methods/Media: This course combines lectures with exercises and case studies and requires a high degree of student participation. [updated 04.02.2020] |
| Recommended or required reading: - Horngren, C.T., Foster, G., Dater, S.M.: Cost Accounting _ A Managerial Emphasis, latest edition. - Weygandt, J.J., Kieso, D.E., Kimmel, P.D.: Managerial Accounting, latest edition. - Hansen, D.R., Mowen, M. M., Heitger, D.,L.: Managerial Accounting, latest edition. - Zell, Michael: Kosten- und Performance Management, latest edition. - Bieg, Hartmut u.a: Handbuch der Rechnungslegung nach IFRS. Grundlagen und praktische Anwendung. Wiesbaden (IDW-Verlag), latest edition. - Coenenberg, Adolf/ Haller, Axel/ Schultze, Wolfgang: Jahresabschluss und Jahresabschluss-analyse. Betriebswirtschaftliche, handelsrechtliche, steuerrechtliche und internationale Grund-sätze - HGB, IFRS, US GAAP. Stuttgart, latest edition. - Pellens, Bernhard/ Fülbier, Rolf/ Gassen, Joachim/ Sellhorn, Thorsten: Internationale Rechnungslegung. IFRS 1 bis 8, IAS 1 bis 41. IFRIC- Interpretationen, Standardentwürfe. Mit Beispielen, Aufgaben und Fallstudie. Stuttgart (Schaeffer-Poeschel), latest edition. - Pochmann, Günter u.a.: Internationale Bilanzpolitik. Düsseldorf 2012 [updated 14.03.2018] |
[Sat Jul 2 23:13:04 CEST 2022, CKEY=imauif, BKEY=ibw3, CID=BIBW-431, LANGUAGE=en, DATE=02.07.2022]