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GEST-S405

Advanced accounting

academic year
2024-2025

Course teacher(s)

Jean-Philippe MICHAUX (Coordinator)

ECTS credits

5

Language(s) of instruction

english

Course content

Refresher

IFRS

Special transactions

Consolidation

Other Business combinaison
 

This course contributes to the Sustainable Finance pedagogical pathway of the Sustainable Development initiative that seek to provide an integrated training in sustainability.

Objectives (and/or specific learning outcomes)

Introduction to IFRS

Dynamic of financial statements (Apply all those knowledge in concrete cases)

Analyse & understand :

  • specific accounting transactions

  • statements of cash flows

  • effects arising from business combinations (accounting for business combinations, mergers & demerger of companies, consolidation)

  • financial reporting requirements

Demonstrate that accounting is not simply the mechanics of accounting entries (debit & credits)

Teaching methods and learning activities

Lectures, Exercise sessions, Homeworks, Group or individual projects, Case studies

References, bibliography, and recommended reading

  • IFRS, A quick reference guide, Cima Publishing, ISBN 978-1-85617-545-6

  • A Student Guide to International Reporting, 2nd edition, Clare Finch, Kaplan Publishing, ISBN 978-1-84710-708-4

  • 2012 Interpretation and Application of IFRS, Wiley Publishing, ISBN 978- 0470-92399-3

  • Advanced Financial Accounting, by Kothari and Barone (Univ. Bocconi), Pearson Education Publishing

  • IFRS for dummies, published by John Wiley & Sons, Ltd. ISBN 978-1-119- 96308-0

Contribution to the teaching profile

Thorough knowledge of corporate financial techniques, reporting standards and practices; Thorough and critical understanding of fundamental economic concepts and models as they apply to decisions made by individuals, firms and policy makers; identify and apply the analytical tools relevant for the problem at hand. (Be able to explain the limitations of these tools if any.) ; identify the relevant data and methods of analysis of these data to analyze a problem or evaluate decision options.(Be able to apply these methods using standard statistical software or programming. Be able to explain the limitations of the data or methods); Keep up to date about political and economic developments to improve business practice.

Other information

Contacts

jmichaux@ulb.ac.be

Assistant :

  • Laurent Jacobs

  • Laurent Thomé

Campus

Solbosch

Evaluation

Method(s) of evaluation

  • Other

Other

written test, continuous assessment (includes participation and homeworks), group work

Mark calculation method (including weighting of intermediary marks)

Final mark build up :

  • Written tests : Max 2

  • Written examination : Max 17

  • Case studies rating : Max 3

Presence not mandatory. However :

  • Absence when test => 0

  • Participation marks

Language(s) of evaluation

  • english

Programmes