International Management

Accounting 1

Integrated course, 4.00 ECTS

 

Course content

This course aims at providing an introduction to the basics of accounting. On the one hand, students learn to work with the double-entry bookkeeping system, on the other hand, they will be familiarized with the legal framework. There will be an overview about General Ledger Accounting (SAP, BMD RZL).

Learning outcomes

After positive completion of this course, students are familiar with the areas of responsibility of the accounting department; they are able to explain the terms; know the connection between balance sheet and profit and loss account; to book the most important accounting records and taxes.
The students develop knowledge about the accounting circle (double-entry bookkeeping). They receive basic information about the basic conditions of corporate accounting, such as tax regulations. They also learn how to enter postings in FI General Ledger Accounting (for example, SAP, BMD, RZL).

Recommended or required reading and other learning resources / tools

Books: Eun/Resnik , International Financial Management, 5th ed., McGraw-Hill; Brealey/Myers/Allen, Principles of Corporate Finance, 9th ed., McGraw-Hill; Grohmann-Steiger,Schneider, Dobrovits: Einführung in die Buchhaltung im Selbststudium, 21. Auflage, Wien 2016; VO Buchhaltung, Klausurensammlung, facultas, 2016.
Academic Journals: Journal of Finance; Harvard Business Review

Mode of delivery

Integrated lecture, 3 THW, 2 Groups, 5 ASWS

Prerequisites and co-requisites

None

Assessment methods and criteria

Lecture: final exam; Work sessions: continuous assessment