English   Danish

2014/2015  BA-BHAAV6003U  Financial Reporting - Intermediate - IFRS (English - quarter)

English Title
Financial Reporting - Intermediate - IFRS (English - quarter)

Course information

Language English
Course ECTS 7.5 ECTS
Type Elective
Level Bachelor
Duration One Quarter
Course period First Quarter
Timetable Course schedule will be posted at calendar.cbs.dk
Max. participants 80
Study board
Study Board for BSc in Economics and Business Administration
Course coordinator
  • Jesper Møller Banghøj - Department of Accounting and Auditing (AA)
  • Thomas Riise Johansen - Department of Accounting and Auditing (AA)
It is not possible to take both BA-201 and BA-202
Main academic disciplines
  • Financial and management accounting
Last updated on 15-04-2014
Learning objectives
  • Explain and analyze assets from the balancesheet such as, liquidity, inventory and long term assets according to IFRS
  • Explain and identify liabilities i the balancesheet such as short term debt, long term debt and equity according to IFRS
  • Discuss selected IFRS issues.
  • Describe the development in accounting standards and accounting quality after the adoption of IFRS
Course prerequisites
A level in financial reporting which equals financial reporting and analysis at an introductory level.
Final exam:
Exam ECTS 7,5
Examination form Written sit-in exam
Individual or group exam Individual
Assignment type Written assignment
Duration 4 hours
Grading scale 7-step scale
Examiner(s) Internal examiner and second internal examiner
Exam period Autumn Term and Autumn Term
Aids allowed to bring to the exam Limited aids, see the list below and the exam plan/guidelines for further information:
  • Aids to be decided
Make-up exam/re-exam
Same examination form as the ordinary exam
If the number of registered candidates for the make-up examination/re-take examination warrants that it may most appropriately be held as an oral examination, the programme office will inform the students that the make-up examination/re-take examination will be held as an oral examination instead.
Course content and structure
The course purpose is to build on basic financial reporting knowledge by introducing more complex issues, including financial reporting according to IFRS (International Financial Reporting Standards). IFRS is a comprehensive set of standards developed by IASB. These standards are adopted in more than 120 countries, including in the European Union.
The course includes recognition and measurement of assets, liabilities, revenues and cost after IFRS. Furthermore it includes chosen IFRS problems for example investments, taxs, leasing and revenue recognition.

As preparation for each class the student should read the relevant chapters in the text book and possibly supplementary literature and cases. Classes consist of a combination of lectures and discussions of the literature and cases. The course demands great student effort and activity.
Teaching methods
Lectures combined with cases and exercises
Further Information
Schedule: Monday 11.40-14.25 week and Wednesday 13.30-16.05, week 36-41.
Expected literature
Kieso, Weygandt and Warfield: Intermediate Accounting
Last updated on 15-04-2014