601.648 (21W) BUS 1: Financial Reporting

Wintersemester 2021/22

Registration deadline has expired.

First course session
11.11.2021 12:00 - 18:00 Online Off Campus
... no further dates known

Overview

Due to the COVID-19 pandemic, it may be necessary to make changes to courses and examinations at short notice (e.g. cancellation of attendance-based courses and switching to online examinations).

For further information regarding teaching on campus, please visit: https://www.aau.at/en/corona.
Lecturer
Course title german BUS 1: Financial Reporting
Type Lecture
Course model Online course
Hours per Week 2.0
ECTS credits 4.0
Registrations 38
Organisational unit
Language of instruction English
Course begins on 11.11.2021
eLearning Go to Moodle course

Time and place

Please note that the currently displayed dates may be subject to change due to COVID-19 measures.
List of events is loading...

Course Information

Intended learning outcomes

  • Critically analysis and description of the role of financial reporting in business environment (10%)
  • Developing a sense of accuracy and attention to detail, a cultivation of such character traits as neatness, concentration and perseverance, an appreciation of financial statements as a form of communication and a confidence in reading them (10%)
  • Critically analysis and description of the role of financial reporting in business environment (20%)
  • Acquaintance with general accounting categories and their scope in financial statements; Understanding the environment where accounting information have occurred; Developing students’ skills and competences in understanding and usage of financial statements for business decision making (20%)
  • Developing students’awareness of the need for accounting usage in business practice as a ‘’language of contemporary business’’ (10%)
  • A positive attitude towards:
    (a) ethical behaviour, (b) profit motive, (c) entrepreneurship,(d) innovation and technological development; and an ability to look at issues in their business, to acquire appropriate problem solving skills and to make sound judgements. (10%)
  • Become familiar with reading and understanding basic financial statements and will encourage initiative and develop in each student self-reliance, mental organization, clear and logical thinking, mental agility, critical skills, planning habits, methods of investigation and processes whereby accuracy can be ensured. (20%)

Teaching methodology including the use of eLearning tools

  • Lectures (with the encouragement of student participation and engagement)
  • Solving tasks (mathematical and statistical)
  • Studying teaching materials (case studies, research papers, official publications…)
  • Critical review (written or oral presentation)
  • Discussions in class


Course content

  • What is accounting and basic characteristics of accounting
  • Basic financial statements – balance sheet (asset, equity and liabilities)
  • Basic financial statements – income statement (revenues, expenses and the difference)
  • Basic financial statements – cash flow statement (inflow and outflow of money, direct and indirect method)
  • Basic financial statements – statement on changes in equity and notes

Prior knowledge expected

pre-requisites: none

Examination information

Im Fall von online durchgeführten Prüfungen sind die Standards zu beachten, die die technischen Geräte der Studierenden erfüllen müssen, um an diesen Prüfungen teilnehmen zu können.

Examination methodology

remote online proctored exam (ROPE)

or

oral examination (online "classroom")

Examination topic(s)

topics developed during the course

Grading scheme

Grade / Grade grading scheme

Position in the curriculum

  • Bachelor's degree programme International Business and Economics (SKZ: 516, Version: 19W.1)
    • Subject: Principles of Business (Compulsory subject)
      • 1.2 BUS 1: Financial Reporting ( 0.0h VO, VI / 4.0 ECTS)
        • 601.648 BUS 1: Financial Reporting (2.0h VO / 4.0 ECTS)
          Absolvierung im 1., 2., 3., 4. Semester empfohlen

Equivalent courses for counting the examination attempts

Wintersemester 2023/24
  • 601.648 VO BUS 1: Financial Reporting (2.0h / 4.0ECTS)
Wintersemester 2022/23
  • 601.648 VO BUS 1: Financial Reporting (2.0h / 4.0ECTS)
Wintersemester 2020/21
  • 601.648 VO BUS 1: Financial Reporting (2.0h / 4.0ECTS)
Wintersemester 2019/20
  • 601.648 VO BUS 1: Financial Reporting (2.0h / 4.0ECTS)