International Accounting - IFRS I - Opinto-opas

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.

In order to take this course, you need to have prior knowledge on preparing financial statements, for ex you should have taken courses ECO005AS2AE Financial Statements and Corporate Tax or ECO005AS2A Tilinpäätös ja yritysverotus or have similar knowledge.

Planned implementation schedule, changes possible.
Week 1: Brief into to IFRS. Framework and concepts. FAS IFRS similarities and differences.
Week 2: IAS 1 Presentation of IFRS 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: IAS 37 Provisions
Week 8: Moodle exam at set time. You need a web-camera to participate the exam. Otherwise you can take the electronic examination in Exam rooms.

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.

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.

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.

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.

Will shown in Moodle learning platform.

Assignments are from real-life cases.

Pasila Campus

Virtual exams and assignments.

English

IFRS standards are for international organizations so the basis of the course is international already.

15.01.2024 - 17.05.2024

Will be shown in Moodle. Final exam.

27.11.2023 - 04.12.2023

Planned implementation schedule, changes possible. Course can be taken in 16 weeks but also in faster schedule according to follow weeks.

Week 1: Brief into to IFRS. Framework and concepts. FAS IFRS similarities and differences.
Week 2: IAS 1 Presentation of IFRS 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
Week 8: Moodle exam at set time. You need a web-camera to participate the exam. Otherwise you can take the electronic examination in Exam rooms.

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VIRTUAL
INSTRUCTED

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.

Heli Kortesalmi, Anne Arkima

30 - 100

Grade 1-5, details of assessment will be updated later.

TRALI Tradenomi liiketalous

0.00 cr

5.00 cr

H-5