International Accounting - IFRS ILaajuus (5 op)

Osaamistavoitteet

In this course you will learn the basics of IFRS - International Financial Reporting Standards, which is the way how publicly listed companies prepare their group financial statements in over 120 countries. Additionally, we will study how to apply in practise the most important standards which usually differ with local accounting legislation.

Sisältö

Planned implementation schedule, changes possible. Week 1: IFRS introduction Week 2: Consolidated financial statements Week 3: IFRS 15 Revenue recognition Week 4: IFRS 16 Leasing Week 5: IAS 36 Impairment testing Week 6: IFRS 9 Financial instruments Week 7: S1 and S2 Sustainability standards.

Edeltävä osaaminen

In order to take this course, you need to have prior knowledge on doing accounting and preparing financial statements, for ex you should have taken courses ECO002AS2AE Financial Accounting, ECO005AS2AE Financial Statements and Corporate Tax or ECO002AS2A Kirjanpito and ECO005AS2A Tilinpäätös ja yritysverotus or have similar knowledge.

Arviointikriteerit, tyydyttävä (1)

Knows the basics of IFRS standards and is able to independently find some information about them. Is able to apply the standards in some real life business cases.

Arviointikriteerit, hyvä (3)

Knows the basics of IFRS standards and is able to independently find more information about them. Is able to apply the standards in typical real life business cases.

Arviointikriteerit, kiitettävä (5)

Knows the basics of IFRS standards and is able to independently find more information about them. Is able to apply IFRS standards in typical real life business cases and argument possible solutions with standards.

Arviointikriteeri, hyväksytty/hylätty

Pre-test to access the course. Exam/Moodle quizzes 70% Written report 30%

Oppimateriaalit

Melville, A. (2022). International Financial Reporting. 8th Edition. [Insert Publisher Location]: Pearson International Content. This can be found as an e-book in Haaga-Helia library. Other material provided by the teacher during the course.

Lisätiedot

When the implementation type of the course is contact, online or blended it is required that the student is present during those teaching hours that are marked in the study schedule. If you are absent more than 25%, your grade will be lowered by one. If you are absent more than 50%, the course is failed.

Suoritustavat

Want to work in an international company's accounting department? If yes, this course is for you! In addition to preparing financial statements for individual companies according to local GAAP (generally accepted accounting principles) such as Finnish GAAP, international companies need to apply IFRS International Financial Reporting Standards. This way the financial statements of international companies are comparable with eachother no matter in wich country their headoffice is located. Come an learn the most importand standards in this course. Course is in English as it is the language mainly used in international companies. In case you have studied accounting in your own language so far - don't worry - you will learn the accounting vocabulary in English here.