Bachelor
2024/2025
Financial Accounting and Reporting
Type:
Elective course (HSE/NES Programme in Economics)
Area of studies:
Economics
Delivered by:
Undergraduate Programmes Curriculum Support
Where:
Faculty of Economic Sciences
When:
2 year, 2 module
Mode of studies:
offline
Open to:
students of one campus
Language:
English
ECTS credits:
3
Contact hours:
32
Course Syllabus
Abstract
The firm’s financial statements tell us what resources the firm has and how it uses them to
generate economic value. This introductory course is designed to familiarize you with the nature
and content of financial reporting processes.
The goal is not to turn you into an accountant, but rather to develop literacy in financial accounting
– a skill that will improve your risk assessment, forecasting, and decision making.
While the central concepts of financial accounting are common across jurisdictions, in specific
cases the reporting can be different. In such cases, we will refer to the International Financial
Reporting Standards (IFRS), which have been adopted by over 100 countries. Occasionally, we will
mention the US approach to highlight the differences (if any).