Master 2024/2025

Topics in Corporate Reporting under IFRS

Type: Elective course (Strategic Corporate Finance)

Area of studies: Finance and Credit

Delivered by: School of Finance

Where: Faculty of Economic Sciences

When: 1 year, 4 module

Mode of studies: offline

Open to: students of all HSE University campuses

Instructors: Sergey A. Kuzubov

Master’s programme: Strategic Corporate Finance

Language: English

ECTS credits: 3

Course Syllabus

Abstract

This course provides an in-depth examination of consolidated financial statements and sustainability reporting under International Financial Reporting Standards (IFRS). Students will learn the concepts, principles, and requirements for preparing consolidated financial statements, including business combinations, non-controlling interests, intercompany transactions, and disclosures. The course will also cover sustainability reporting topics such as environmental, social, and governance (ESG) disclosures, integrated reporting, and the IFRS Sustainability Disclosure Standards. Real-world case studies will be used to analyze financial reporting practices.Prerequisites for the "Consolidated and Sustainability Reporting under IFRS" course:Financial Accounting Basics of accounting and financial reporting. Understanding of key financial statements - statement of financial position, statement of comprehensive income, statement of changes in equity, statement of cash flows.Financial Analysis Skills to analyze and interpret financial statements. Understanding of key financial ratios. Assessment of a company's financial standing.International Financial Reporting Standards (IFRS) Understanding of the nature, framework and requirements of IFRS. Differences between IFRS and local financial reporting standards.Risk Management Concept of risks, their assessment and risk management methods in companies. Risk-based thinking.Corporate Governance Understanding principles and mechanisms of corporate governance. Interrelation between corporate governance, sustainability and disclosure of non-financial information.These disciplines provide the necessary foundation of knowledge required for studying consolidated and sustainability reporting under IFRS.