Modulhandbuch (Module manual)

M.184.5237 Accounting Theory – An Information Content Perspective
(Accounting Theory – An Information Content Perspective)
Unterrichtssprache (teaching language): Unterrichtssprache: Englisch
Koordinator (coordinator): Prof. Dr. Ebert, Michael
Lehr- und Forschungseinheit (teaching unit): K.184.52371 Accounting Theory
K.184.52372 Accounting Theory
Auskünfte (information): Bußmann, Carolin (
Credits/ ECTS: 5
Zeitmodus (semester): Wintersemester (winter semester)
Kurzbeschreibung (short description):
The course provides an economic rationale for accounting. Based on a simple model of a firm students learn how a demand for accounting information arises endogenously from fundamental managerial decision problems. Accounting is shown to be instrumental in production planning, investment decisions and managerial incentive pay. During the course, we emphasize how accounting information relates to the economic fundamentals of the firm and to the actions of managers – thereby distinguishing a valuation perspective of accounting from a stewardship perspective. We combine both perspectives in an overarching theme – that of accounting as an information source in a business world marked by uncertainty.
Lehrveranstaltungen - Teilmodule (courses - module elements):

a) K.184.52371 Accounting Theory (Vorlesung) V 30 45 P
b) K.184.52372 Accounting Theory (Übung) Ü 30 45 P
Empfohlene Voraussetzungen (prerequisites):
Die Inhalte der folgenden Module werden für dieses Modul vorausgesetzt (the following modules are prerequisites):

Zur Zeit sind keine Voraussetzungen bekannt. (No conditions are known.)
Voraussetzungshinweise (prerequisite suggestions):
Students should be familiar with basics of financial accounting, and the basics of microeconomics.
Kombinationshinweise - Überschneidungen (overlapping modules):
Die Kombination mit folgenden Modulen ist nicht zulässig. (it is not feasible to combine with these modules):

Zur Zeit sind keine Überschneidungen bekannt. (No overlaps are known.)
Prüfungsmodalitäten (assessments):
Final exam (Abschlussklausur) 60 Min. 100%
Lernziele (learning objectives):
(factual knowledge):
1.1 appreciate accounting as an integral part of a company’s decision making process.
1.2 know basic concepts, analyses, uses and procedures associated cost accounting.
1.3 understand how managerial decisions and managerial incentive problems endogenously create a demand for information and thus for accounting.
(methodic competence):
2.1 are able to link economic fundamentals to accounting figures.
2.2 know how to use accounting in order to support management decisions.
2.3 understand the role of accounting in a world characterized by uncertainty.
(transfer competence):
3.1 work together in self appointed teams in order to reinforce and discuss the course contents.
3.2 take an active part in lectures, practice sessions and their self-defined study groups.
3.3 push the discussion in class and present their own solutions to problem sets to be discussed in practice sessions.
Normativbewertendes Wissen
(normative competence):
4.1 are able to apply the course subject matter to managerial decision problems and develop specific solutions.
Schlüsselqualifikationen (skills):
Methodische Umsetzung (methodic implementation):
Unterrichtssprache (teaching language):
Unterrichtssprache: Englisch
Ablaufinformationen, Terminplan, etc. (practical implementation, schedule):
Bemerkungen (remarks):
Lernmaterialien, Literaturangaben (learning material, literature):
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