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2015/2016  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
Start time of the course 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 BHAAV6002U and BHAAV6003U.
Main academic disciplines
  • Accounting
Last updated on 19-10-2015
Learning objectives
To achieve the grade 12, students should meet the following learning objectives with no or only minor mistakes or errors:
  • 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 and Autumn
Aids allowed to bring to the exam Limited aids, see the list below:
  • Written sit-in-exam on CBS' computers
  • Books and compendia brought by the examinee
  • Allowed dictionaries
  • Allowed calculators
  • Notes in paper format brought by the examinee
  • Access to personal drive (S-drive) on CBS' network
  • USB key to upload your notes before the exam
  • Access to all information on CBSLearn
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.
If the number of candidates for the re-examination indicates that the exam is most appropriately held as an oral examination, the secretariat will announce that the re-examination will be held as an oral examination instead. There will then be a second examiner unless the test is external.
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
Expected literature

Kieso, Weygandt and Warfield: Intermediate Accounting

Last updated on 19-10-2015