International Financial Reporting Standards

Teaching results

Upon successful completion of this course, students should be able to:
a) Understand the changing nature of IFRS standards and their gradual harmonization in the world.
b) Know the methodology of processing and accounting of operations typical of financial corporations - especially banks and insurance companies.
c) Understand the accounting relationship between the financial corporation and its clients, internal and external entities using the outputs of the financial statements in the relevant decision-making processes.
d) To provide balanced judgment on key facts in the field of financial accounting and reporting - Formulate expert opinions, deal with facts and write a term paper using the acquired knowledge.
Skills:
a) Know the logic of accounting in the accounts of individual accounting classes and its specifics.
b) Analyze the financial statements and their components.
c) Carry out primary research based on the use of acquired knowledge in the field of IFRS standards.
d) Provide a clear and unambiguous presentation of views and assessment of the implications for financial corporation decisions, work effectively and professionally in teams, and demonstrate an understanding of social and cultural diversity.