Aims of the course:
The course focuses on international financial reporting based on principles and requirements of IFRSs, accounting standards developed primarily for publicly listed entities. The course integrates the knowledge of recognition, measurement and presentation of certain accounting phenomena in the financial statements of these entities; the exposition is based on the extracts from the financial statements of real entities as well as on the case studies.
Organisation:
The course will be organised as an interactive seminar starting with the students’ presentation, followed by the case studies focusing on selected issues of IFRS reporting.
Possible topics:
- Bloc A: Financial reporting fo capital markets (accounting and its economic environment; investment strategies and fundamental analysis)
- Bloc B: Reveneu recognition (performance obligations, transaction prices, business models and revenue streams)
- Bloc C: Projects under the IASB work plan