Advanced financial accounting 1155-12-F21-0-AdFAc

Course content of the lectures:

1. Tangible fixed assets and intangible asstes: leasing, stocktaking
a) definition and concept – W1
b) valuation – W1
c) recording of economic operations in the accounting books – W1
d) presentation in financial statements – W1

2. Investment assets: financial investments, non-financial investments, financial instruments
a) definition and concept – W1
b) valuation – W1
c) recording of economic operations in the accounting books – W1
d) presentation in financial statements – W1

3. Materials and goods: records in transit, records in commission turnover, stocktaking
a) definition and concept – W1
b) valuation – W1
c) recording of economic operations in the accounting books – W1
d) presentation in financial statements – W1

4. Products: costs, complaints about finished goods
a) definition and concept – W1
b) valuation – W1
c) recording of economic operations in the accounting books – W1
d) presentation in financial statements – W1

5. Reserves and prepayments
a) definition and concept – W1
b) valuation – W1
c) recording of economic operations in the accounting books – W1
d) presentation in financial statements – W1

6. Financial result: determining tax liability, deferred tax
a) definition and concept – W1
b) valuation – W1
c) recording of economic operations in the accounting books – W1
d) presentation in financial statements – W1

Course content of the exercises:

1. Tangible fixed assets and intangible asstes: leasing, stocktaking
a) valuation – U1
b) recording of economic operations in the accounting books – U1

2. Investment assets: financial investments, non-financial investments, financial instruments
a) valuation – U1
b) recording of economic operations in the accounting books – U1

3. Materials and goods: records in transit, records in commission turnover, stocktaking
a) valuation – U1
b) recording of economic operations in the accounting books – U1

4. Products: costs, complaints about finished goods
a) valuation – U1
b) recording of economic operations in the accounting books – U1

5. Reserves and prepayments
a) valuation – U1
b) recording of economic operations in the accounting books – U1

6. Financial result: determining tax liability, deferred tax
a) valuation – U1
b) recording of economic operations in the accounting books – U1

Całkowity nakład pracy studenta

1. Contact hours with a teacher: - participation in lectures – 15 hours - participation in exercises – 15 hours - consultations – 20 hours 2. Self-study hours: - preparation for exercises – 15 hours - preparation for lecturers – 10 hours 3. Self-preparation for: - passing exercises – 10 hours - passing exam – 15 hours Alltogether: 100 hours (4 ECTS)

Efekty uczenia się - wiedza

W1: Student is familiar with advanced terms in scope of financial accounting (related to assets, liabilities and result items) – K_W01.

Efekty uczenia się - umiejętności

U1: Student can valuate and record economic operations related to advanced selected positions of assets and liabilities, as well as results items. – K_U06.

Efekty uczenia się - kompetencje społeczne

K1: Student tends to enlarge the knowledge related to advanced financial accounting – K_K01.

Metody dydaktyczne

Expository teaching methods: - informative lecture, description – Power Point presentation of theoretical issues and practical examples, case study. Exploratory teaching methods: - practical – solving of practical cases, discussion, group work.

Wymagania wstępne

Before attending this course student should graduate the following courses: Financial Accounting, Taxation and Tax Law.

Koordynatorzy przedmiotu

Katarzyna Szortyka

Kryteria oceniania

There is a separate assessment for lectures and exercises.

Lectures:
W1: written exam – multiple choice test of 20 questions +++
Fail (2) – less than 12 points
Satisfactory (3) – 12 points
Satisfactory plus (3+) – 13-14 points
Good (4) – 15-16 points
Good plus (4+) – 17-18 points
Very good (5) – 19-20 points

Fail (2) – below 60%
Satisfactory (3) – below 68%
Satisfactory plus (3+) – below 76%
Good (4) – below 84%
Good plus (4+) – below 92%
Very good (5) – below 100%

Exercises:
U1: written test – valuation and booking of economic operations on T-accounts and preparation of appropriate reports from them +++
Fail (2) – below 60%
Satisfactory (3) – below 68%
Satisfactory plus (3+) – below 76%
Good (4) – below 84%
Good plus (4+) – below 92%
Very good (5) – below 100%
K1: continuous evaluation +++
- activity – K1
- attendance – K1
K1: attendance and activity during exercises. In case of not sufficient attendance (less than 60% of all exercise hours) and activities, student will have to prepare a paper on given subject.

Praktyki zawodowe

n/a

Literatura

1. T. Christensen, D. Cottrell, C. Budd, Advanced Financial Accounting, McGraw-Hill, 2018.
2. A. Weiss Lawrence, Accounting for Fun and Profit, Business Expert Press, New York 2017.
3. P. Atrill, E. McLaney, Accounting and Finance for Non-Specialists, Pearson, Harlow 2017.
4. S. Gangwar, D.K. Gangwar, Financial Accounting, Himalaya Pub. House, Mumbai India 2009.
5. J. Sittle, B. Wearing, Financial Accounting, Sage, London 2008.

Więcej informacji

Dodatkowe informacje (np. o kalendarzu rejestracji, prowadzących zajęcia, lokalizacji i terminach zajęć) mogą być dostępne w serwisie USOSweb:

Strona przedmiotu 1155-12-F21-0-AdFAc w USOSweb