Bachelor
2022/2023
Principles of accounting
Type:
Elective course (Management and Digital Innovation)
Area of studies:
Business Informatics
Delivered by:
Department of Financial Management
Where:
Graduate School of Business
When:
2 year, 3, 4 module
Mode of studies:
offline
Open to:
students of one campus
Language:
English
ECTS credits:
4
Contact hours:
40
Course Syllabus
Abstract
Course description The course develops background for understanding and reading companies’ financial reports and for assessing company’s financial position and making managerial decisions. The course covers basic concepts of modern financial reporting, essentials in UK standard of financial and managerial accounting. It provides basic knowledge in preparing, processing and interpreting the data about business transactions for different types of external as well as internal investors, management and other accounting information users. The course requires the knowledge in micro and macroeconomics and banking. The course is a one-semester course is based on lectures, seminars, home assignments and self-study.
Learning Objectives
- Teaching and learning objectives The course is focused on developing skills in preparing and analyzing companies’ financial statements and data for decision-making purposes. By the end of spring semester students are expected to be able to apply a set of accounting concepts to read annual financial report of a corporation and financial ratios to assess its position and apply management accounting techniques for costs forecasting, projects evaluation and explanation of differences between budget and real data.
Expected Learning Outcomes
- be able to apply a set of accounting concepts to read annual financial report of a corporation and financial ratios to assess its position and apply management accounting techniques for costs forecasting, projects evaluation and explanation of differences between budget and real data.
Course Contents
- Financial Reporting: BS, PnL, Statement of Changes in Equity
- Cash Flow Statement: advanced
- Understanding of Accounting process and Compilation of Financial Statements: Internal Controls and Suspense Account
- Cash Budgeting
- Standard Cost and Variance Analysis
- Capital Budgeting: NPV
- Revision
Interim Assessment
- 2022/2023 4th module0.2 * Домашние задания + 0.5 * Экзамен + 0.1 * Промежуточная контрольная
