Integrated course, 4.00 ECTS
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).
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
Assessment methods and criteria
Lecture: final exam; Work sessions: continuous assessment