Study Guide

Objective

Students are familiar with various special issues in accounting, such as consolidated accounting, international accounting, corporate valuation and corporate arrangements.

Content

Consolidated Financial Statements
IFRS
Business Valuation
Due diligence
Corporate arrangements, ie fusion, fission etc

Location and time

spring 2024

Materials

See Moodle

Teaching methods

Lectures, exercises, written assignments

Employer connections

Guest lectures, project work

Exam schedules

Agreed with the student at the first course session

Student workload

135 h of which;
60 hours of campus based teaching
30h project work
30 h exercises
15 h of preparation and exam

Evaluation scale

H-5

Assessment criteria, satisfactory (1)

Basic understanding of consolidated financial statements.


The student knows the principles and standards for international accounting.


Basic understanding of company valuation.



Basic understanding of different types of company restructures.

Assessment criteria, good (3)

Good understanding of of consolidation and ability to perform basic consolidated financial statements.

The student knows the principles for IFRS accounting and can explain the differencies between IFRS and FAS accountingstandards.

Good understanding of company valuation and valuation methods.

Good understanding of different types of company restructures from the accounting point of view.

Assessment criteria, excellent (5)

Excellent knowledge of consolidated financial statements from both a theoretical and a practical point of view.

The student has excellent knowledge of the principles for IFRS accounting and can explain the differencies between IFRS and FAS accountingstandards.

Excellent understanding of company valuation and valuation methods. Knowledge of the due diligence process.

Ability to independently handle different restructures, such as amalgamation, division and share exchanges from the accounting point of view.

Assessment methods and criteria

The exam and approved project work, all parts approved for a passing grade.

Assessment criteria, fail (0)

does not meet the assessment criteria for steps 1 on the garding scale

Assessment criteria, satisfactory (1-2)

Student
understands the concept of a concern and can identify its structures
Students know the standards and principles that affect accounting from an
international perspective
Students know the basics of business valuation.
Students know the various company arrangements

Assessment criteria, good (3-4)

Students know the criteria for when a group financial statement should be prepared, and can prepare basic
consolidated financial statements
Students know the principles when preparing an IFRS financial statement and can explain the difference
between a FAS and IFRS financial statements
Students understand the aspect of valuation and know some applied valuation methods.
Students can explain the various business arrangements from an accounting point of view

Assessment criteria, excellent (5)

Students can prepare consolidated financial statements independently
Students are well aware of the principles when preparing an IFRS financial statement and are able to explain the difference between a FAS and IFRS financial statements in a justified way
Students can perform basic company valuations and know the process at
due diligence before an acquisitions
Students can explain the rules around business arrangements. Students can independently
prepare various corporate arrangements, such as merger, fission, business transfer and share swaps, i
the business report

Qualifications

Basics of Accounting
Basics of Management Accounting