Study Guide

Learning outcomes

For the students to be familiar with the general principles in coming a consolidated financial statements taking into account the IAS/IFRS-standards

Implementation and methods of teaching

The teaching is carried out as contact teaching according to the timetable.

Teaching methods used: lectures, exercises
Course feedback is collected at the end of the course.

Timing and attendance

The teaching is carried out as contact teaching according to the timetable

Student time use and work load

The course is 3 credits, which corresponds to the work of 80 students.
Lectures 34 hours
Independent exercises and exam preparation 43 hours.
Exam 3 hours.

Contents

The student is familiar with the concept of consolidated financial statements, the obligation to prepare consolidated financial statements and accounting principles, knows the elimination technique, is able to prepare consolidated financial statements and a financial statement; the student is familiar with international financial statements and their differences from national accounting policies.

Assessment criteria

passed exams

Assessment scale

1-5

Failed (0)

failed exam.

Assessment criteria: level 1 (assessment scale 1–5)

The student knows the basic eliminations related to the consolidated financial statements and is able to prepare the consolidated financial statements after the eliminations. The student knows the concept of a group and is able to define the companies belonging to a group

Assessment criteria: level 3 (assessment scale 1–5)

The student knows the concepts and obligations related to the group. He / she is able to make eliminations related to the consolidated financial statements and prepare the financial statements.

Assessment criteria: level 5 (assessment scale 1–5)

The student masters the concepts and obligations related to the group. He / she is able to make the eliminations related to the consolidated financial statements without error and to prepare the financial statements.