Infopaket

International financial and managerial accounting

Ок 29

Обов’язкова дисципліна для ОП

First

2023/2024

3 Semester

4

Knowledge and understanding of the fundamental aspects of financial accounting; Knowledge of the main accounting conventions underpinning the various financial statements; Knowledge of prepare the financial statements from relevant financial information and interpret the information that it contains; Skills of interpreting company-level data; Communication in course of debates and discussions at the classes; Autonomy and responsibility in course of evaluating the state, discovering conditions and defining prospects of an economy development, particularly in international environment.

There is no prerequisite for the course. However, as financial accounting involves the analysis and interpretation of data, a working knowledge of arithmetics may be helpful in successfully completing the course. In addition, financial accounting requires accurate and logical thinking, which can be learnt with practice in accounting classes.

1. Accounting and the business environment. 2. Recording business transactions. The adjusting process. 3. Completing the accounting cycle. 4. Merchandising operations. 5. Internal control and cash. 6. Receivables. 7. Plant assets, natural resources, and intangibles. 8. Investments. 9. Current liabilities and payroll. Long-term liabilities. 10. Stockholders’ equity. 11. The statement of cash flows. 12. Financial statement analysis.

Lectures, seminars, self-study.

1. Working at seminars – speeches, additional remarks, debates, discussions, brief tests, typical problems solving – 60 points / 40 points 2. Midterm exam (complex test) – 20 points / 10 points

English