Duration: 3 hours per week - 13 weeks [ECTS: 6]

Course outline

1. Introduction
2. Theoretical background
3. Conceptual framework
4. Theories of financial accounting a. Positive theories
b. Normative theories c. Deductive approach d. Inductive approach
5. International Accounting Standards a. Introduction
b. Conceptual framework
c. Analysis of selected International Accounting Standards
6. Special topics in financial accounting a. Firm profitability
b. IFRS 1 “Reporting Financial Performance”
c. Tangible fixed assets
d. Research and development e. Stock valuation
f. Goodwill
g. Intangible fixed assets
7. Advanced financial ratio analysis
8. Auditing