Bachelor
2024/2025
International Financial Reporting Standards
Type:
Compulsory course (Business Administration)
Area of studies:
Management
Delivered by:
Department of Financial Management
Where:
Graduate School of Business
When:
3 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
International financial reports are prepared in order to give more true and fair view of the financial position of a company, because it is the only open source of such information and to make it understandable all over the world. IFRS is useful for Financial functions of a Company – financial accounting and chief accountant, financial directors, internal accounting, financial analysis, strategic analysis, investing, treasury, taxes, audit and control and everybody who wants to understand their finances and train brains. IFRS is used for preparation of Financial reports (international accounting, transformation from local accounting, preparing the reports) and getting information on financial position of a company (reading financial reports: know what to look for, where and what for, analysis of financial reports: know how to use it to make conclusions).