2025/2026 BA-BISHO1008U Financial Accounting
English Title | |
Financial Accounting |
Course information |
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Language | English |
Course ECTS | 7.5 ECTS |
Type | Mandatory |
Level | Bachelor |
Duration | One Quarter |
Start time of the course | Fourth Quarter, Summer |
Timetable | Course schedule will be posted at calendar.cbs.dk |
Study board |
Study Board for Global Relations
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Course coordinator | |
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Main academic disciplines | |
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Teaching methods | |
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Last updated on 30-06-2025 |
Relevant links |
Learning objectives | ||||||||||||||||||||||||
After having completed the course students should
be able to:
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Examination | ||||||||||||||||||||||||
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Course content, structure and pedagogical approach | ||||||||||||||||||||||||
This course offers an introduction to financial accounting. Students have the opportunity to learn how to prepare and interpret corporate financial statements.
In relation to Nordic Nine: Accounting is the language of business that measures, summarizes and communicates business information to various stakeholders. The objective of financial accounting is to provide information that is useful to decision making of existing and potential investors, creditors and other stakeholders. Given that the practice of accounting is supported by several qualitative characteristics such as relevance, faithful representation, comparability, verifiability, timeliness, and understandability with the overall purpose of producing useful information to the users of reporting, this course will develop your skills in the domain of several Nordic Nines:
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Research-based teaching | ||||||||||||||||||||||||
CBS’ programmes and teaching are research-based. The following
types of research-based knowledge and research-like activities are
included in this course:
Research-based knowledge
Research-like activities
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Description of the teaching methods | ||||||||||||||||||||||||
The teaching sessions comprise lectures and class
discussions as well as practical exercises (on campus). Though the
course is offered face-to-face, there are integrated elements of
blended learning such as pre-class assignments where relevant.
Classroom activities include for example in-class activating
questions, quizzes, group discussions and exercises.
The research-based teaching in the course covers theories and studies related to corporate disclosures including non-financial reporting. Students become familiar with research-like activities e.g. through financial statement analysis and discussions and critical reflections during the course. 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 review the most important points of the lectures through supplementary exercises, and thus prepare students even better for the final examination. |
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Feedback during the teaching period | ||||||||||||||||||||||||
Continuous feedback activities comprise teacher-student and student-student feedback on in-class activating questions, quizzes, group discussions and exercises. In addition, students will have the possibility to obtain direct feedback on their performance in exercise workshops. Students are also encouraged to take full advantage of staff consultation hours to advance their comprehension of course content. | ||||||||||||||||||||||||
Student workload | ||||||||||||||||||||||||
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Expected literature | ||||||||||||||||||||||||
Thomas, C. W., Tietz, W. M., Suwardy, T., Koh W. C., Harrison, W. T., Horngren, C. T. (2024). Financial Accounting: International Financial Reporting Standards. 12th Global Edition. Pearson.
Additional articles and readings/Case material (links will be provided through Canvas, students can then access the material through the CBS library).
A comprehensive reading list can be found in the course plan that will be published on Canvas before classes begin. |