2019/2020
BA-BPOLO2009U Financial Accouting and Reporting
| English Title |
| Financial Accouting and
Reporting |
|
|
| Language |
English |
| Course ECTS |
7.5 ECTS |
| Type |
Mandatory |
| Level |
Bachelor |
| Duration |
One Quarter |
| Start time of the course |
Fourth Quarter |
| Timetable |
Course schedule will be posted at
calendar.cbs.dk |
| Study board |
Study Board for BSc/MSc i International Business and Politics,
BSc
|
| Course
coordinator |
- Caroline Aggestam Pontoppidan - Department of Accounting
(AA)
|
| Caroline Aggestam and
others to be determined** |
| Main academic
disciplines |
|
|
| Teaching
methods |
|
|
|
Last updated on
19-05-2020
|
| Learning objectives |
- Apply the accounting equation and double entry-accounting
- Explain the difference between cash and accrual accounting
- Prepare financial statements based on accounting
transactions
- Calculate financial ratios and analyze the information content
of these measures
- Understand the role of ethics in preparing and using accounting
information
- Identify and explain selected components of non-financial
reporting provided by companies (GRI, SDGs,
etc.)
|
| Examination |
The exam in the subject consists of two parts:
| Midterm -
Financial Accounting and Reporting: | | Sub exam weight | 15% | | Examination form | Home assignment - written product | | Individual or group exam | Individual exam | | Size of written product | Please see text below | | Multiple choice exam | | Assignment type | Written assignment | | Duration | Written product to be submitted on specified date
and time. | | Grading scale | 7-point grading scale | | Examiner(s) | One internal examiner | | Exam period | Summer | | Make-up exam/re-exam | Same examination form as the ordinary exam | Description of the exam
procedure
The mind-term ordinary exam is a 3-hour written home
exam |
| Final exam -
Financial Accounting and Reporting: | | Sub exam weight | 85% | | Examination form | Home assignment - written product | | Individual or group exam | Individual exam | | Size of written product | Max. 10 pages | | Assignment type | Written assignment | | Duration | Written product to be submitted on specified date
and time. | | Grading scale | 7-point grading scale | | Examiner(s) | One internal examiner | | Exam period | Spring | | Make-up exam/re-exam | Same examination form as the ordinary exam | Description of the exam
procedure
The final ordinary exam is a 6-hour written home
exam |
|
| Course content, structure and pedagogical
approach |
- Accounting as a form of communication
- Financial statements and Annual Reports
- Double-entry bookkeeping
- Cash basis and accrual basis of accounting
- Inventories and Cost of Goods Sold
- Cash, receivables and short term investments
- Fixed Assets (Tangible & Intangible)
- Goodwill
- Current Liabilities, Present Value, and Long-term
liabilities
- Shareholders’ Equity
- Cash Flow Statements
- Financial Statement Analysis
- A Case Study in Financial Accounting
Course aim:
Students learn to develop their understanding of financial
accounting via reference to practical examples, mini-cases and the
annual reports of various companies.
Relation to a Business or an Institutional Setting: Class
discussions are focused around multinational companies in different
industries – both European and US. The course textbook has many
good examples from US business life, which will be contrasted
against their European peers.
Relation to International Business or Economics: The core theme of
the course is the financial accounting within multinational
corporations. The relationships between parent company and
subsidiaries are emphasized in group accounting and through the
consolidation process.
|
| Description of the teaching methods |
| The teaching sessions comprise lectures and class
discussions as well as practical exercises. Problems and exercises
are at times given for homework and to be included as a part of
class discussions. Various mini case problems are considered,
whereby students are expected to analyze and interpret the accounts
of a company under certain conditions. In addition to the sessions
there are workshops to work through more extensive financial
reporting and accounting problems and to when required review the
most important points of the lectures through supplementary
exercises, and thus prepare students even better for the final
examination. |
| Feedback during the teaching period |
| The course is supplemented by a blended learning
approach through the use of CengageNOW. This online platform
provides continuous feedback, on the exercises and tests carried
out, covering all learning objectives in the book. In addition
lectures and workshops will provide extensive opportunities for
questions and answers. Students are also encouraged to take full
advantage of staff office hours to engage in advancing
comprehension of the course objectives. |
| Student workload |
| Teaching Sessions |
42 hours |
| Workshops |
13 hours |
|
| Expected literature |
|
Introduction to Financial Accounting,10th edition,
(Norton & Porter)
See more at:
http://catalogue.pearsoned.co.uk/educator/product/Financial-Accounting-Global-Edition-International-Financial-Reporting-Standards/9780273777809
Articles/Case material (links will be provided at
LEARN, students can then download as pdf file through the CBS
library)
Notice: All course powerpoints are also considered to be
relevant for the exam and thus a part of the course syllabus.
This is a sample of the literature that will be used. A
comprehensive reading list can be found in the course plan that
will be published on CBS Learn before classes
begin.
|
Last updated on
19-05-2020
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