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2010/2011  BA-FIAC  Financial Accounting

English Title
Financial Accounting

Course Information

Language English
Point 7,5 ECTS (225 SAT)
Type Mandatory
Level Bachelor
Duration One Quarter
Course Period Third Quarter
Time Table Please see course schedule at e-Campus
Study Board
Study Board for BSc in Service Management
Course Coordinator
Caroline Aggestam Pontoppidan
Main Category of the Course
  • Financial and management accounting
Last updated on 29 maj 2012
Learning Objectives
In the end of this course, the students should be able to:
  • A relevant knowledge and understanding of the underlying accounting rules and principles in relation to the annual report, more specific to the income statement and the balance of a company
  • That the students through understanding and knowledge of the basic, and also the more specific, accounting principles will be able to follow, and also to have a positive critical approach in relation to the transactions between the income statement and balance and visa versa.
  • That the course will bring the students into a position, where they will be able to make a financial analysis of the income statement and the balance of a company, and also through understanding and knowledge to relevant key ratios the student will be able to communicate economic results, and also to make relevant benchmarking to other companies.
  • The impact and possibilities of the annual report, the income statement and the balance, and to understand and respect the need, background and relationship between efficient management and relevant professional skills about economic matters in respect of steadily maximize shareholders value.
  • A reasonable and relevant level of knowledge and understanding of cash management as an important and relevant part of the work and responsibility for the financial manager.
  • Understanding and knowledge of balance management, including financial understanding of a company, the split between owners capital and long and short term liabilities, but also to bring the students into a position, where they can understand the impact of connections between investment – including alternatives - decision and how to finance these investment.
Students not enrolled in BSc in Business Administration & Service Management must document a level in English equal to TOEFL 575, and A level in mathematics equal to Danish level B
Financial Accounting
Marking Scale 7-step scale
Censorship External examiners
Exam Period Spring Term
• Duration of exam: 4 hours • The written exam takes place on CBS computers • Graphs can be written by hand • Aids: Open book, but please note: • Students have access to their personal files (S-drive on CBS network) • Students do NOT have access to Internet, Site Scape/ LEARN, and other services from CBS (except their personal S-drive on CBS network) • Students are not allowed to bring personal electronic devices to the exam, except a non-programmable calculator. • Re-take examinations and make-up examinations are subject to the same regulations as the ones noted above
Prerequisites for Attending the Exam
Course Content

Course content:
The course starts with an introduction to the elements of an accounting report i.e. the statement of profit and loss and the balance sheet. The course moves on to as well as comparison over years as calculation of various key ratios etc.
Special attentions will be given to issues of finance, how the company is financed, how profitable the various investments are and how far the interdependencies between the operations go.

Aim of the course:
To undertake an efficient management of economic activity it is essential to understand the need for relevant economic decisions to maximize shareholder value.
The course aims to give the understanding and knowledge of accounting and financing, and how to read the standardized forms of presentation.
The aim is that the students will be able to read, understand and undertake analysis - by using key rations- of an annual report concerning e.g. earnings, return on investments, solidity, liquidity, etc. and to form an opinion of the trends in the future of the company.

Teaching Methods
The course includes lectures giving the main outline of theories and models and sessions comprising exercises, cases and discussions in smaller groups.

The teacher will uploade the final reading list to learn two weeks before the course starts.