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2022/2023 BA-BSOCO2021U Financial Accounting and Reporting and its Institutional Context
| English Title | |
| Financial Accounting and Reporting and its Institutional Context |
Course information |
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| Language | English |
| Course ECTS | 7.5 ECTS |
| Type | Mandatory |
| Level | Bachelor |
| Duration | One Semester |
| Start time of the course | Spring |
| Timetable | Course schedule will be posted at calendar.cbs.dk |
| Study board |
Study Board for BSc in Business Administration and
Sociology
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| Last updated on 16-01-2023 | |
Relevant links |
| Learning objectives | ||||||||||||||||||||||||||||||||||||||||||||||||||
| On completion of this course, the student should
have acquired a basic understanding of core theory and practices in
accounting.
Specifically, the student should be able to:
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| Examination | ||||||||||||||||||||||||||||||||||||||||||||||||||
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The exam in the subject consists of two parts:
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| Course content, structure and pedagogical approach | ||||||||||||||||||||||||||||||||||||||||||||||||||
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This course offers a comprehensive introduction to financial accounting and reporting. Students will learn how to prepare, read and interpret corporate financial statements. They will also gain a solid understanding of the theories and practices behind these statements. The course is focused principally on IFRS accounting techniques but supplemented with a social and institutional understanding of accounting and financial reporting.
Throughout the different sessions, students acquire general business knowledge by analyzing the financial statements of diverse companies. The course focuses on companies with different institutional backgrounds, ensuring broader economic context coverage. Analyzing financial data and assessing its quality aims to stimulate students' curiosity about ambiguities in accounting and develop a high degree of analytical and critical thinking. A part of the course covers ethical dilemmas and the role of business in solving such humanity challenges as environmental threats, social problems, and sustainable development.
We apply an inclusive view on the role of business, going beyond a mere focus on profit maximization and considering the ESG impact going from local communities to the global footprint. |
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| Description of the teaching methods | ||||||||||||||||||||||||||||||||||||||||||||||||||
| Sessions have a blended format, including (1) pre-recorded lecture videos, (2) on-campus sessions where students have the chance to work in groups to solve exercises and discuss solutions. On-campus, participation is essential to strengthen students' ability to collaborate and provide each other with constructive feedback in discussions. To stimulate an interactive learning environment, we do not record on-campus sessions. | ||||||||||||||||||||||||||||||||||||||||||||||||||
| Feedback during the teaching period | ||||||||||||||||||||||||||||||||||||||||||||||||||
| We use an e-platform supporting our textbook to work on exercises and problems. E-platform gives continuous feedback on your learning, on the exercises and tests carried out, and covering learning objectives in the financial reporting textbook. 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. | ||||||||||||||||||||||||||||||||||||||||||||||||||
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| Expected literature | ||||||||||||||||||||||||||||||||||||||||||||||||||
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Thomas, C. William, Wendy M. Tietz, and Walter T. Harrison. Financial accounting. NY: Pearson, 2019. |
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