Modulhandbuch (Module manual)

M.184.2268 FA 4: Intermediate international financial reporting
(FA 4: Intermediate international financial reporting)
Koordinator (coordinator): Prof. Dr. Urska Kosi
Ansprechpartner (contact): Pia Stoczek (pia.stoczek[at]
Credits: 5 ECTS
Workload: 150 Std (h)
Semesterturnus (semester cycle): WS
Studiensemester (study semester): 3-6
Dauer in Semestern (duration in semesters): 1
Lehrveranstaltungen (courses):
Nummer / Name
(number / title)
(contact time)
Status (P/WP)
(group size)
a) K.184.22681 / FA 4: Intermediate international financial reporting Vorlesung 25 Std (h) 75 Std (h) P
b) K.184.22682 / FA 4: Intermediate international financial reporting Übung 15 Std (h) 35 Std (h) P
Wahlmöglichkeiten innerhalb des Moduls (Options within the module):
Empfohlene Voraussetzungen (prerequisites):
Basics of bookkeeping and accounting, e.g.
M.184.2227 (FA 1: Grundlagen des externen Rechnungswesens nach HGB)
M.184.2228 (FA 2: Weiterführende Grundlagen des externen Rechnungswesens nach HGB)
M.184.2267 (FA 3: Introduction to international financial reporting)
Inhalte (short description):

The course offers participants an extended knowledge of financial accounting and reporting, according to International Financial Reporting Standards (IFRS). It provides advanced knowledge of selected IFRS standards. The course covers several selected standards in detail (for example financial instruments, statement of cash flows) and offers an overview of accounting for corporate investments (business combinations, consolidated financial statements, equity-method accounting). When presenting the selected standards, the underlying concepts are explained first then their practical application is demonstrated with practical examples.

Lernergebnisse (learning outcomes):
Fachkompetenz Wissen (professional expertise):
  • have advanced understanding of the scope of IFRS and the regulation surrounding it.
  • have advanced knowledge about the key concepts and elements of financial reporting according to IFRS and are able to describe as well as apply these.
  • have knowledge of selected IFRS standards applicable in more complex business transactions (for example, fair value measurement of financial instruments, measurement of investments in associatesand accounting for investments in subsidiaries).
  • have extend practice-relevant knowledge in selected areas of IFRS, like measurement and presentation of financial instruments, business combinations and consolidated financial statements.​

  • Fachkompetenz Fertigkeit (practical professional and academic skills):
  • are able to apply selected IFRS standards to more complex business transactions.
  • are able to prepare the basic separate and consolidated financial statements.
  • are able to assess the challenges of IFRS accounting principles as well as the accounting discretion within IFRS.
  • are able to follow current debates and trends in the IFRS development process.​
  • Personale Kompetenz / Sozial (individual competences / social skills):
  • independently build learning groups to repeat and deepen what was presented in the lectures and tutorials.
  • actively discuss challenges in current reporting practices of firms.
  • actively follow discussion about potential changes in corporate reporting regulation, particularly newly developing sustainability reporting regulation.​

  • Personale Kompetenz / Selbstständigkeit (individual competences / ability to perform autonomously):
  • critically and independently evaluate the main characteristics of IFRS accounting.
  • form a critical opinion about current developments of IFRS.
  • independently apply IFRS standards to more complex business situations.​

  • Prüfungsleistungen (examinations)
    Art der Modulprüfung (type of modul examination): Modulabschlussprüfung
    Art der Prüfung
    (type of examination)
    a) Klausur 80 Min. 100.00 %
    Studienleistung / qualifizierte Teilnahme (module participation requirements)
    Voraussetzungen für die Teilnahme an Prüfungen (formal requirements for participating in examinations)
    Voraussetzungen für die Vergabe von Credits (formal requirements for granting credit points)
    Die Vergabe der Credits erfolgt, wenn die Modulnote mindestens „ausreichend“ ist
    Gewichtung für Gesamtnote (calculation of overall grade)
    Das Modul wird mit der doppelten Anzahl seiner Credits gewichtet (Faktor: 2)
    Verwendung des Moduls in den Studiengängen (The module can be selected in the following degree programmes)
    B.Sc. Wirtschaftswissenschaften
    B.Sc. International Business Studies
    B.Sc. Wirtschaftsinformatik
    B.Sc. Sportökonomie
    B.Ed. Lehramt an Berufskollegs
    Umfang QT (participation requirements):
    Lernmaterialien, Literaturangaben (learning material, literature):
    Melville: International Financial Reporting: A Practical Guide, Pearson Education, 7th edition, 2019

    Alexander, Jorissen, Hoogendoorn, van Mourik and Kirwan: International Financial Reporting & Analysis, Cengage Learning, EMEA, 8th edition, 2020

    Picker, Clark, Dunn, Kolitz, Livne, Loftus, van der Tas: Applying IFRS Standards, Wiley & Sons, 4th edition, 2016
    Teilnehmerbegrenzung (participant limit):
    Sonstige Hinweise (additional information):
    It is possible and recommendable to take modules FA 3 and FA 4 in one semester. FA 3 will take place in the first half of the lecture period. This module provides an introduction to international financial reporting. The final exam takes place during the lecture period (end of November / beginning of December). FA 4 takes place in the second half of the lecture period. In FA 4, more advanced topics of international financial reporting are covered. The exam of FA 4 takes place during the exam period.


    It is not allowed to take this course and / or M.184.2267 if the module M.184.2264 was completed.


    Methodische Umsetzung:

    Lectures 25 hours, presentation and discussion of solutions of exercises in tutorials 15 hours, self-study material, self-testing quizz questions, opportunity for bonus points via home assignments and quizz tests.   

     Teaching language: English

     [K1]Same comment as above ​

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