Introduction to Financial Accounting, Group B

After introducing the purposes of financial accounting, this course imparts the elemental skill of double-entry book-keeping. Learning the fundamentals of double-entry book-keeping will be the main goal of this course. On this basis, fundamental principles and theories of financial accounting and reporting are discussed. The focus of the remainder of the course is on the preparation and interpretation of the basic financial statements: balance sheet, income statement, and cash flow statement. Overall, the course shall enable students to understand the basics of financial accounting, read financial statements and apply the gained knowledge in latter courses to enable them to analyze the information provided by financial reporting.

Double-entry book-keeping, financial accounting theory

Financial Accounting – International Financial Reporting Standards“ Ninth Edition by Harrison Jr./ Horngren/ Thomas/Suwardy

Vorlesung mit Übungsbeispielen

Klausur

90