Courses International Accounting

21022 International Accounting , 5 sp

Advanced studies
Teaching language
Course description

The course comprises the most important international financial reporting standards and the challenges that the preparers and auditors face in applying them. Cases are used to illustrate real-life reporting problems.

Learning Goal

You have solid kowledge and understanding of international financial reporting.

After completing the course, you will be able to
  • contribute to the preparation of financial statements according to international accounting standards as a company controller.
  • audit IFRS financial statements as an auditor.
  • analyze IFRS-prepared financial statements as a financial analyst.
International Learning Experience

The course is about international reporting and regulation. International cases are used.

Target Group

Only Hanken degree students with accounting as their major or students within the FADB specialisation, and incoming exchange students with any major subject.

Limited Number of Participants

Max 40 students from Hanken in order of enrolment (and 40 Aalto students).


Bachelor thesis (21001) and at least three financial accounting courses.


Lectures, cases,and class discussions.

Total Student Workload

134 hours divided into
Scheduled (contact) hours: 24 h
Non-scheduled work: 110 h

Recommended Time of Performance

First year of master's studies.


Written examination (100%) that is based on the lectures and course literature.

  • Troberg, P. (2013). IFRS now : in the light of US GAAP and Finnish practices. Helsinki : KHT-Media. ISBN 978-952-218-179-4
  • Some handouts and cases will be provided by the instructor. The IFRS handbook (electronic) is available through the library.

Students who have completed the earlier course International Accounting (8 ECTS, course code 2191) cannot take this course.