Prerequisites
5010 Business Financial Analysis and Accounts, 5011 Financial Accounting with Analysis and 5004 Financial Accounting/Corporations
Course Objectives
The course will provide students with a critical introduction to the most important aspects of accounting theory.
Learning Methods
3-4 hours lectures per week in the spring semester. Assignment work. The course includes active participation of the students, in which their understanding of the curriculum will be assessed.
Course Description
 Regulatory accounting – theory and practice
 Accounting theories: performance versus assets
 The relation between financial accounts and business economics theory
 The structure and content of conceptual frameworks: ownership interests, debt and own capital, income and profit, costs and losses
Assessment Methods
1-3 obligatory assignments must be submitted. Written examination, 4 hours. Students must receive passing marks on all parts of the assessment.