International Accounting Standards [ELCCM431]
Learning outcomes
Since 2005, companies listed on any stock exchange in the European Union have been required to publish their consolidated accounts in accordance with international accounting standards (IAS/IFRS of the IASB), which have been approved by European regulations. The objective of the "International Accounting Standards" course is to explain the accounting treatment of certain transactions under the international framework.
Content
In the framework of the "International Accounting Standards" course, the international accounting standards, both in terms of presentation of financial statements and in terms of valuation rules, are presented. These different standards are illustrated with the help of examples (practical cases, extracts from annual reports, etc.). The standards relating to consolidation methods are not covered in this course.
Teaching methods
Presentation of the main accounting rules at international level by juxtaposing: - a theoretical presentation of the principles prescribed by each standard - the application of the principles through exercises - the examination of published financial statements illustrating the principles presented. The standards are approached by theme in order to give the students a global view.
Evaluations
Students will submit a written examination on all the material presented in the lecture. This exam covers the principles contained in the International Accounting Standards through theoretical questions and/or exercises. The exam is composed of two parts: a written exam on the subject taught by C. DENDAUW and a written exam on the subject taught by L. DEMEULEMEESTER. Each of these two parts is worth half the points.
Language of instruction
French / FrançaisLocation for course
NAMUROrganizer
Faculté des sciences économiques, sociales et de gestionRue de Bruxelles, 61
5000 NAMUR
