•   International Accounting - IFRS I ECO017AS3AE-3004 18.08.2025-12.12.2025  5   (CAMPUSONLINE, ...) +-
    Learning objectives
    In this course you will learn the basics of IFRS - International Financial Reporting Standards, which is the way how publicly listed companies prepare their group financial statements in over 120 countries. Additionally, we will study how to apply in practise the most important standards which usually differ with local accounting legislation.
    Starting level and linkage with other courses
    In order to take this course, you need to have prior knowledge on doing accounting and preparing financial statements, for ex you should have taken courses ECO002AS2AE Financial Accounting, ECO005AS2AE Financial Statements and Corporate Tax or ECO002AS2A Kirjanpito and ECO005AS2A Tilinpäätös ja yritysverotus or have similar knowledge.

    Course is challenging and there is a pretest to see that your accounting skills are good enough. Only students who pass the pretest (50% correct) can participate the course. Course requires a lot of work and ability to study independently as well.
    Contents
    Planned implementation schedule, changes possible.
    Week 1: IFRS introduction
    Week 2: Consolidated financial statements
    Week 3: IFRS 15 Revenue recognition
    Week 4: IFRS 16 Leasing
    Week 5: IAS 36 Impairment testing
    Week 6: IFRS 9 Financial instruments
    Week 7: S1 and S2 Sustainability standards.
    Assessment criteria
    Assessment criteria - grade 1
    When the implementation type of the course is CONTACT, ONLINE or BLENDED it is required that the student is present during those teaching hours that are marked in the study schedule. If you are absent more than 25 %, your grade will be lowered by one. If you are absent more than 50 %, the course is failed.

    Knows the basics of IFRS standards and is able to independently find some information about them. Is able to apply the standards in some real life business cases.
    Assessment criteria - grade 3
    Knows the basics of IFRS standards and is able to independently find more information about them. Is able to apply the standards in typical real life business cases.
    Assessment criteria - grade 5
    Knows the basics of IFRS standards and is able to independently find more information about them. Is able to apply IFRS standards in typical real life business cases and argument possible solutions with standards.
    Teaching methods and instruction

    This is a virtual implementation where students are able to study independently and submit assignments and exams in given deadlines. The course runs for 16 weeks but there will be some deadlines for the assignments.

    PRE-TEST NEED TO BE SUCCESSFULLY SUBMITTED (50% correct) BY THE END OF AUGUST 2025 IN ORDER TO KEEP YOUR SEAT IN THIS COURSE! This is an advanced accounting course, thus you need to have needed basic accounting skills to enter this course.

    Learning material and recommended literature

    Will shown in Moodle learning platform.

    Working life connections

    Some assignments are based on real-life cases, and real IFRS financial statements are examined

    Campus

    Pasila Campus

    Exam dates and re-exam possibilities

    Virtual assignments/quizzes and a proctored exam.
    Pre-test DL 30.9.2025.
    Assignments /quizzes need to be submitted before taking the exam and latest by November 15th 2025.
    Exam 3.11.2025. Exam is moodle exam but student needs to install a proctoring software into his/her computer, student must have a camera on.
    Re-takes 17.11. and 1.12.
    No extensions to deadlines are given.

    Teaching language

    English

    Internationality

    IFRS standards are for international organizations.

    Timing

    18.08.2025 - 12.12.2025

    Learning assignments

    7 smaller assignments and one final learning diary.

    Enrollment

    14.05.2025 - 22.05.2025

    Content scheduling

    Students can take the course at their own pace, keeping in mind some deadlines. Course can be taken in 16 weeks but also in faster schedule.

    Pre-test deadline 30.9.2025.

    Topic related assignments:
    Topic 1: Brief into to IFRS. Framework and concepts.
    Topic 2: Consolidated financial statements.
    Topic 3: IFRS 15 Revenue recognition.
    Topic 4: IFRS 16 Leasing.
    Topic 5: IAS 36 Impairment testing.
    Topic 6: IFRS 9 Financial instruments
    Topic 7: IFRS S1 and S2 sustainability standards.

    Assignments /quizzes need to be submitted before taking the exam and latest by November 15th 2025.

    Exam 3.11.2025. Exam is moodle exam but student needs to install a proctoring software into his/her computer, student must have a camera on.
    Re-takes 17.11. and 1.12.

    Groups
    • CAMPUSONLINE
    • VIRTUAL
    • INSTRUCTED
    • TR5HEECO2
    • TRB5HEECO1
    • IBE5PAACC
    • TR5HEECO1
    • EXCH
    • IBEB5PAACC
    • TRB5HEECO2
    Alternative learning methods

    In case you have previous knowledge on the topic, you may RPL this course. Please contact course teachers for the RPL exam.
    Work and study, if you work in an international company's accounting, you might able to learn this course with WS method and at the end do the exam.

    Teachers

    Heli Kortesalmi, Lauri Larjavaara

    Seats

    30 - 100

    Further information

    Grade 1-5, which is based on:
    * 70% of course grade: 7 topic related assignments and quizzes.
    * 30% Exam

    In order to pass the course, both type of assignments need to get passed.
    All course assignments are individual tasks which are planned to support students learning.

    Degree Programme

    TRALI Business Administration, INTBBA International Business

    R&D proportion

    0.00 cr

    Virtual proportion

    5.00 cr

    Evaluation scale

    H-5