Course for international guest/part time students
- Faculty
- Faculty of Economics
- Organization
- GTK Department of Finance and Accounting
- Code
- GTI24AN206EN
- Title
- Accounting II.
- Usual semester
- Spring
- Published semester
- 2025/26/2
- ECTS
- 3
- Language
- en
- Learning outcomes
- After completing Accounting I, this course aims to further develop students’ knowledge in the field of financial accounting. Building on previously acquired foundations, the course focuses on IFRS-based accounting and financial reporting, extending the scope of financial accounting already covered in Accounting I. The course introduces additional and more advanced accounting topics related to the recognition, measurement, and presentation of specific elements of financial statements. By acquiring deeper theoretical and practical knowledge of financial accounting, students will gain a clearer understanding of how real-life financial statements are prepared in accordance with IFRS, supporting their professional competence in an accounting and business environment.
- Course content
- Differences in accounting treatment and financial reporting between manufacturing businesses, merchandising companies, and service providers Accounting for property, plant and equipment and investment properties, including issues related to initial recognition, subsequent measurement, and borrowing costs Recognition, measurement, and disclosure of intangible assets Accounting for provisions, contingent liabilities, and contingent assets in accordance with IFRS requirements Lease accounting from the perspective of both lessees and lessors Revenue recognition principles and their application to various types of transactions Segment reporting and the presentation of financial information by operating segments Accounting treatment and disclosure of discontinued operations Recognition, measurement, and presentation of non-current assets held for sale Preparation of complex financial statements incorporating the accounting topics covered during the semester
- Assessment method
- The Principles and Ground Rules of Assessment are available on the website of the Faculty of Economics.
- Bibliography
- David Alexander, Ann Jorissen, Martin Hoogendoorn, Carien van Mourik, Collette Kirwan, Petra Inwinkl, Giovanna Michelon: International Financial Reporting and Analysis, 9th Edition, Cengage, 2023 Presentations and notes of sessions