Principles of Accounting II

2024/2025

Academic Year

ENG

Instruction in English

3

ECTS credits

Delivered at:

Department of Finance

Course type:

Elective course

When:

3 year, 1 module

Instructor

Яскевич Елена Владимировна

Course Syllabus

Abstract

The core role of the course is to give students deeper knowledge and understanding of accounting and processes in a company, accounting principles, supporting documents, risks, industry differences, financial statements and financial report. The course entrance requirements are knowledge of the basics of accounting. The course is a good support for IFRS, accounting course papers and internships, as well as for future careers in financial functions of a company – financial accounting and chief accountant, financial directors, internal accounting, financial analysis, strategic analysis, investing, treasury, taxes, audit and control.

Learning Objectives

• The aim of the course is to provide students with the basic theoretical knowledge of business processes and their accounting, practical skills in analysis of processes, their accounting issues, supporting documents, accounting reports, risks.

Expected Learning Outcomes

• Demonstrate an innovative, open, and ethical mindset
• Get acquainted with the standard processes in a company
• Align accounting with the underlying processes
• Read accounting, supporting documentation and 1C accounting system reports
• Learn the essence of accounting terms and to use them properly
• Use analytical skills and apply them to solve practical tasks

Course Contents

• Topic 1. Purchase process
• Topic 2. Sales process
• Topic 3. Expenses process
• Topic 4. Financing and Investing processes
• Topic 5. Impairment and provisions processes
• Topic 6. Taxes processes
• Topic 7. Financial statements closing process

Assessment Elements

• Class task 1
• Project
• Class task 2
• Class task 3

Interim Assessment

• 2024/2025 1st module
  0.25 * Class task 1 + 0.25 * Class task 2 + 0.25 * Class task 3 + 0.25 * Project

Bibliography

Recommended Core Bibliography

• Intermediate accounting IFRS edition, Kieso, D., 2020
• Picker, R. (2016). Applying IFRS Standards (Vol. Fourth edition). Chichester, West Sussex, United Kingdom: Wiley. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edsebk&AN=1639476

Recommended Additional Bibliography

• Mirza, A. A. (2010). Wiley IFRS : Practical Implementation Guide and Workbook (Vol. 3rd ed). Hoboken, N.J.: Wiley. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edsebk&AN=363480

Authors

• YASKEVICH ELENA VLADIMIROVNA
• SOLOVEVA EKATERINA EVGENEVNA