Group Accounting and Finance
| Structure Type: | Study unit |
|---|---|
| Code: | TFS3306 |
| Type: | Compulsory / Professional Studies |
| Curriculum: | T-FE 2011 |
| Level: | Bachelor of Business Administration |
| Year of Study: | 3 (2013-2014) |
| Credits: | 5 cr |
| Responsible Teacher: | Kallenberg, Niklas |
| Language of Instruction: | Swedish |
Learning Outcomes
The student is able to identify the structure of a group, can prepare consolidated financial statements and knows the basic principles of IFRS-accounting practice. The student understands the different elements of financial planning and is able make financial calculations.
Student's Workload
Class teaching: lectures/ exercises 64 h. Independent studies: Theory reading 20 h, independent studies and reflection 38 h, preparation for examination 20 h
Prerequisites / Recommended Optional Courses
Introduction to financial accounting, Introduction to management accounting
Contents
Definition of the group concept, various group structures, contents and objectives of consolidated financial statements, preparation techniques, elimination of inter-company transactions and holdings, separation of minority interests, consolidation of subsidiary accounts into group accounts, consolidation of foreign subsidiaries and associated companies, IAS/IFRS-standards, IAS/IFRS-accounting principles. The need of capital and financing, making a result budget, a financing plan, a cash budget and a plan for loans and liabilities.
Recommended or Required Reading and Other Learning Resources/Tools
- Alhola, Kari Koivikko, Aarne Räty, Päivi 2003. Konsernitilinpäätös ja IAS. Vantaa. WSOY.
- Forms for financial planning
- Handouts
Mode of Delivery / Planned Learning Activities and Teaching Methods
Lectures, written exercises, computer exercises, virtual lessons and virtual teamwork
Assessment Criteria
1 the student understands some basics about group accounting and financial planning
3 the student understands well the basics about group accounting and financial planning
5 the student understands excellent the basics group accounting and financial planning
Assessment Methods
Written test, Assessment on scale 0-5.