Universität Wien
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041006 KU International Financial Accounting A (MA) (2020W)

4.00 ECTS (2.00 SWS), SPL 4 - Wirtschaftswissenschaften
Continuous assessment of course work

Erwartet werden Vorkenntnisse aus "Konzernrechnungslegung" und "Rechnungslegung nach IFRS (I)".
Moodle

Registration/Deregistration

Note: The time of your registration within the registration period has no effect on the allocation of places (no first come, first served).

Details

max. 50 participants
Language: English

Lecturers

Classes (iCal) - next class is marked with N

  • Thursday 01.10. 17:45 - 18:30 Hörsaal 13 Oskar-Morgenstern-Platz 1 2.Stock
  • Thursday 01.10. 18:30 - 20:00 Hybride Lehre
    Hörsaal 13 Oskar-Morgenstern-Platz 1 2.Stock
  • Thursday 08.10. 17:45 - 18:30 Hörsaal 13 Oskar-Morgenstern-Platz 1 2.Stock
  • Thursday 08.10. 18:30 - 20:00 Hybride Lehre
    Hörsaal 13 Oskar-Morgenstern-Platz 1 2.Stock
  • Thursday 15.10. 17:45 - 18:30 Hörsaal 13 Oskar-Morgenstern-Platz 1 2.Stock
  • Thursday 15.10. 18:30 - 20:00 Hybride Lehre
    Hörsaal 13 Oskar-Morgenstern-Platz 1 2.Stock
  • Thursday 22.10. 17:45 - 18:30 Hörsaal 13 Oskar-Morgenstern-Platz 1 2.Stock
  • Thursday 22.10. 18:30 - 20:00 Hybride Lehre
    Hörsaal 13 Oskar-Morgenstern-Platz 1 2.Stock
  • Thursday 29.10. 17:45 - 18:30 Hörsaal 13 Oskar-Morgenstern-Platz 1 2.Stock
  • Thursday 29.10. 18:30 - 20:00 Hybride Lehre
    Hörsaal 13 Oskar-Morgenstern-Platz 1 2.Stock
  • Thursday 19.11. 17:45 - 18:30 Hörsaal 13 Oskar-Morgenstern-Platz 1 2.Stock
  • Thursday 19.11. 18:30 - 20:00 Hybride Lehre
    Hörsaal 13 Oskar-Morgenstern-Platz 1 2.Stock
  • Thursday 26.11. 17:45 - 18:30 Hörsaal 13 Oskar-Morgenstern-Platz 1 2.Stock
  • Thursday 26.11. 18:30 - 20:00 Hybride Lehre
    Hörsaal 13 Oskar-Morgenstern-Platz 1 2.Stock
  • Thursday 03.12. 17:30 - 21:00 Digital
  • Thursday 10.12. 17:30 - 21:00 Digital
  • Thursday 17.12. 17:30 - 21:00 Digital
  • Thursday 14.01. 17:30 - 19:00 Digital

Information

Aims, contents and method of the course

The course will provide participants with knowledge of accounting and reporting for international groups by introducing students to International Financial Reporting Standards (IFRS) at an intermediate level. The accounting requirements will be complemented by introducing the IT and reporting system requirements as well as the internal and external auditing requirements. It will introduce matters of international (income) taxation and the concept of group taxation. In addition, an overview of applicable corporate governance standards and practices (“Stewardship”) will be presented. The more recent initiatives around non-financial information will be addressed.

• Accounting & Controlling Systems: Purpose & Goals, Set-up, Reporting Requirements, Review and Monitoring,
• International Accounting Standards: Details of selected IFRS with an introduction to other standards and a high-Level Comparison to Austrian GAAP
• Auditing: Internal & External Auditing, Structure and Use
• Cross Border Taxation: Withholding Taxes, Double Taxation Agreements, Taxation of Groups of Companies
• Governance in International Groups, accounting stewardship
• Reporting of non-financial information and the (internal) approval process

Assessment and permitted materials

The course consists of lectures, short home assignments, presentations by students to be challenged and peer-evaluated by other students. The lectures serve to explain the key concepts of the subject matters and their application in practice and are supplemented by the Home Assignments which will introduce the format and style of questions to be expected at the interim and final exam. For each of the classes from week 2 to 5 and 7 some (depending on the number of) students will be asked to prepare and hand in approx. 5 topics / questions no later than the evening of the day before class and should be prepared to share their research in class.

The 6-8 presentation topics will be assigned to groups of 2 to 4 students to be presented in class 6 (or 7 if needed) for a duration of approx. 15-20 minutes. There will be an opportunity to discuss the presentations with the instructor prior to the presentation. The pre-final presentation slides or texts are due on Sunday evening before the presentation will be held in class for the instructor to have a final review and the challengers to prepare. Each student will get to challenge at least one, more likely two other presentations by reading the respective presentation and preparing and presenting meaningful challenges (comments, questions, cross-functional views, etc). Finally, a meaningful peer-evaluation of the colleagues´ presentation has to be prepared and handed in.

It is expected that students actively engage during class.

Because of the COVID-19 limitations, the course may have to be held
- on-line only. In this case a short (technical) introduction will be held prior to October 7 /9 and the final exam will be split into preparing a paper of approx. 3 pages (15%) and an oral on-line exam (20%) or as
- split sessions with approx. half of the students attending the classes in person and half from home / on-line. Of course, the presenters should be attending in class if possible at all. A decision on the interim and final exam format will be made as the course progresses and the restrictions (if any) become known.

Minimum requirements and assessment criteria

Weight of grades

• 15% (150 points) Interim Exam on IFRS (on 19 November 2020) (which may have to be held as an on-line test)

• 15% (150 points) Home assignments and Course participation
• 35% (350 points) Presentation and Challenges including the peer evaluation
• 35% (350 points) Final Exam (on 21 January 2021) (or 15% paper, 20% oral on-line exam)

On each of the examinations (interim, presentation, final) a minimum score of 25% of the possible points is required to pass the course.

Overall, a 75%weighted attendance is required to obtain a passing grade.

0 - 50%: 5
51% - 63%: 4
64% - 77%: 3
78% - 90%: 2
91% - 100%: 1

Examination topics

All slides, presentations and lecture content will be tested and graded. Sections of the text book will be exempted (indicated as non-core on the course slides).
The tests will include theoretical questions and cases as well as examples of accounting entries and calculations.

Reading list

The lecture slides together with the (student) presentation slides will be a key source. In addition, text books on IFRS and on auditing and high-level literature regarding accounting and controlling systems, international taxation and governance matters will be introduced as supplementary reading and learning materials.
The course will be based on David Alexander, Anne Britton, Ann Jorissen, Martin Hoogendoorn and Carien van Mourik: International Financial Reporting and Analysis, 7th AND 8th edition, Cengage Learning EMEA, 2017 / 2020 (All updated standards will be based on the latest edition).
Further course literature and materials will be announced in due course.

Association in the course directory

Last modified: Fr 12.05.2023 00:13