Financial Accounting (MiM)

Module WI001139

This Module is offered by Chair of Financial Accounting (Prof. Ernstberger).

This module handbook serves to describe contents, learning outcome, methods and examination type as well as linking to current dates for courses and module examination in the respective sections.

Module version of SS 2021 (current)

There are historic module descriptions of this module. A module description is valid until replaced by a newer one.

Whether the module’s courses are offered during a specific semester is listed in the section Courses, Learning and Teaching Methods and Literature below.

available module versions
SS 2021	WS 2020/1	SS 2020	WS 2016/7

Basic Information

WI001139 is a semester module in English language at Master’s level which is offered in winter semester.

This Module is included in the following catalogues within the study programs in physics.

Catalogue of soft-skill courses

Total workload	Contact hours	Credits (ECTS)
180 h	28 h	6 CP

Content, Learning Outcome and Preconditions

Content

The first part of the module teaches the the technique of double-entry bookkeeping and of constructing financial statements at the end of the fiscal year. The second part introduces important standards under IFRS. The third part explains financial statement analysis.

Learning Outcome

Upon successful completion of this module, students are able to record business transactions or (re-)valuations using double-entry bookkeeping and to construct individual and consolidated financial statements according to International Financial Reporting Standards (IFRS). They can critically discuss the impact of new or revised accounting standards on financial statments and on managerial behavior. Students can evaluate important accounting theories. Moreover, they are able to identify leeway for earnings management, to evaluate its level in financial statements and its impact on current and future performance. Finally, they are able to analyse the financial position, the performance and the financial stability of firms using data from financial statements. Using these analyses students can compare international firms.

Preconditions

none

Courses, Learning and Teaching Methods and Literature

Courses and Schedule

Please keep in mind that course announcements are regularly only completed in the semester before.

WS 2020/1 WS 2019/20 WS 2018/9 WS 2017/8 WS 2016/7

Type	SWS	Title	Lecturer(s)	Dates	Links
VI	4	Financial Accounting (WI001139) (MiM)	Ernstberger, J. Grottel, B. Keiling, M.	Tue, 13:15–14:45, virtuell Tue, 15:00–16:30, virtuell	eLearning

Learning and Teaching Methods

The module consists of two parts. The first part is an online lecture and a corresponding exercise. In the lecture the relevant methods and theories are conveyed. In the exercise the content of the lecture and its understanding is deepened and extended by exercises and case studies in which real financial statements are discussed. The second part of the module is a regular lecture. The exercise is integrated in this lecture. Relevant scripts and exercises can be downloaded via Moodle.

Media

Script, tutorials, case studies, moodle

Literature

Buchholz, Rainer: Grundzüge des Jahresabschlusses nach HGB und IFRS, 8. Aufl., München 2013
Meyer, Claus: Bilanzierung nach Handels-und Steuerrecht, 27. Auflage, Herne 2016.
IASB: International Financial Reporting Standards

Module Exam

Description of exams and course work

Current notice: Due to the continuing CoViD19-pandemic, the exam for this winter semester 2020/21 has been adjusted.
The examination consists of a written online exam, Online Proctored Exam.
Students may use a non-programmable calculator as helping material. In the exam students show that they are able to correctly record financial transactions using double-entry bookkeeping. Moreover, in the exam students demonstrate that they can discuss accounting theories and new standards of IFRS as well as conduct financial statement analyses.

Exam Repetition

There is a possibility to take the exam in the following semester.