Accounting According to HGB and IFRS
Organizational
| Lecturer: | Prof. Dr. Inge Wulf | |||
| Responsible scientific assistant: | Tim Jan Friedrich, M.Sc. | |||
| Course format: | Lecture + exercise | |||
| Course catalog number: | W 6619 | |||
| Semester hours per week (SWS): | 3 |
Learning objectives
Students know the regulations of HGB and IFRS accounting as well as their development and enforcement. They are familiar with the recognition and measurement requirements of significant asset and liability items, can assess recognition issues relating to software, including cloud computing, and can assess the possible effects of a change in accounting system.
Contents
1. Accounting to illustrate the economic situation of companies
2. Central purposes of accounting
3. Basics of accounting according to HGB and IFRS
4. Basic accounting principles according to HGB and IFRS
5. Basic valuation rules according to HGB and IFRS
6. Accounting of asset items according to HGB and IFRS
7. Accounting of capital items according to HGB and IFRS
8. Information instruments of accounting according to HGB and IFRS
9. Effects of the accounting changeover from HGB to IFRS
10. Summary: Central differences between HGB and IFRS