21022

21022 International Accounting, 5 cr

Place: 
Helsinki
Type: 
Advanced studies
Kind: 
Course
Teaching language: 
English
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.

Pre-requisites: 

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

Total Student Workload: 

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

Instruction: 

Lectures, cases,and class discussions.

Literature and Course Material: 
  • 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.
Assessment: 

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

Limited Number of Participants: 

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

Recommended Time of Performance: 

First year of master's studies.

Equivalent Courses: 

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