Industrial Management

Accounting 2 (Balance Sheets)

Integrated course, 3.00 ECTS


Course content

• Legal requirements for creating annual reports
• Assessment of cost of sales
• Assessment of amounts receivable
• Accruals and deferred income
• Accrued liabilities
• Reserve assets
• Overhead and turnover cost procedures
• Overview of the differences in international accounting regulations

Learning outcomes

The students are able to
• gain a basic, practical command of external accounting for an interdisciplinary general understanding of the topic
• recognise the context of items on a balance sheet and gain an understanding of budgetary policy
• close and act on yearly accounts

Recommended or required reading and other learning resources / tools

• Schneider/Dobrovits/Schneider: Einführung in die Buchhaltung im Selbststudium
• Bertl/Deutsch/Hirschler: Buchhaltungs- und Bilanzierungshandbuch
• Wagenhofer: Bilanzierung und Bilanzanalyse

The lecturer agrees to pass on an updated list of recommended literature to the students in accordance with the syllabus.
• RWZ - Zeitschrift für Recht und Rechnungswesen

Mode of delivery

Integrated lecture

Prerequisites and co-requisites


Assessment methods and criteria

Exam and continuous assessment