Bachelor
2024/2025
Principles of Accounting II
Type:
Elective course (International Bachelor's in Business and Economics)
Area of studies:
Economics
Delivered by:
Department of Finance
When:
3 year, 1 module
Mode of studies:
offline
Open to:
students of one campus
Instructors:
Яскевич Елена Владимировна
Language:
English
ECTS credits:
3
Course Syllabus
Abstract
The core role of the course is to give students deeper knowledge and understanding of accounting and processes in a company, accounting principles, supporting documents, risks, industry differences, financial statements and financial report. The course entrance requirements are knowledge of the basics of accounting. The course is a good support for IFRS, accounting course papers and internships, as well as for future careers in financial functions of a company – financial accounting and chief accountant, financial directors, internal accounting, financial analysis, strategic analysis, investing, treasury, taxes, audit and control.
Learning Objectives
- The aim of the course is to provide students with the basic theoretical knowledge of business processes and their accounting, practical skills in analysis of processes, their accounting issues, supporting documents, accounting reports, risks.
Expected Learning Outcomes
- Demonstrate an innovative, open, and ethical mindset
- Get acquainted with the standard processes in a company
- Align accounting with the underlying processes
- Read accounting, supporting documentation and 1C accounting system reports
- Learn the essence of accounting terms and to use them properly
- Use analytical skills and apply them to solve practical tasks
Course Contents
- Topic 1. Purchase process
- Topic 2. Sales process
- Topic 3. Expenses process
- Topic 4. Financing and Investing processes
- Topic 5. Impairment and provisions processes
- Topic 6. Taxes processes
- Topic 7. Financial statements closing process
Interim Assessment
- 2024/2025 1st module0.25 * Class task 1 + 0.25 * Class task 2 + 0.25 * Class task 3 + 0.25 * Project
Bibliography
Recommended Core Bibliography
- Intermediate accounting IFRS edition, Kieso, D., 2020
- Picker, R. (2016). Applying IFRS Standards (Vol. Fourth edition). Chichester, West Sussex, United Kingdom: Wiley. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edsebk&AN=1639476
Recommended Additional Bibliography
- Mirza, A. A. (2010). Wiley IFRS : Practical Implementation Guide and Workbook (Vol. 3rd ed). Hoboken, N.J.: Wiley. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edsebk&AN=363480