Accounting
Component code / course code:
Semester: winter / summer
ECTS credits: 5
Lecture hours per week (SWS): 4
Lecturer: Prof. Dr. Girlich
Course Language: German / English
Prerequisites: A sound knowledge of the basics of external accounting and basic knowledge of internal accounting is required. Module I "Fundamentals of External Accounting" should therefore have been successfully completed.
Objectives (Learning Outcome): After completing the module, students are able to handle assets, accruals and deferrals and debts correctly in the annual
financial statement according to commercial law and to observe deviating special tax features. Students will also learn the basics of international accounting (IAS/IFRS). The focus is on the differences between German commercial balance sheet law and international accounting regulations.
Lecture topics (content):
- Components of the annual financial statements and publication and audit obligations.
- Year-end closing operations and postings.
- Selected balance sheet items on the assets and liabilities side with special consideration of construction contracts
and provisions. - Differences between accounting according to HGB and IAS/IFRS.
- Preparation of the tax balance sheet on the basis of the commercial balance sheet with a focus on the principle of
proportionality and the tax accounting reservations. - Influence of VAT on the determination of acquisition and production costs.
- Significance and determination of deferred taxes.
- Basic principles of group accounting.
Teaching format (e.g. online/in person lecture/Seminar/Lab etc.): Introductory lecture and consolidation through literature study; case study
Examination type: Written Exam
