by Director of Undergraduate Studies Daniel Örtqvist, Department of Business Administration, Technology and Social Sciences 15 Feb 2017

by Director of Undergraduate Studies Daniel Örtqvist, Department of Business Administration, Technology and Social Sciences 21 Aug 2020

Upon completion of this course the student should be able to:

• explain the background and development of harmonized accounting standards
• describe and explain the conceptual framework of accounting and its qualitative characteristics
• interpret and apply International Financial Reporting Standards (IFRS) when preparing financial reports
• conceptually structure, analyze and manage accounting problems due to the application of IFRS

This course requires basic knowledge in financial accounting. The focus is to develop an understanding of the conceptual and theoretical arguments that influence the preparation of financial reports. The theoretical framework includes inter alia definition of the elements of financial reporting, qualitative characteristics, dimensions and principles for accounting. The context of accounting is highlighted in this course by including some perceived benefits and obstacles to harmonized accounting standards. Accounting problems and dilemmas with applying international accounting standards are also highlighted in this course.

The course is conducted through lectures and lessons.
Teaching might be in English.

Written exam. The course awards the grades pass with distinction (VG), pass (G) or fail (U).

Students must register for the courses themselves, or contact ETS educational administration eduets@ltu.se, not later than three days after the quarter commences. Failure to do so can result in the place being lost. This rule also applies to students with a guaranteed place.
The course is primarily aimed for students with specialization Accounting and Control.
Due to similar content, the course cannot be included in a degree together with the course R0024N or other courses with similar content.

Monika Kurkkio

The course R0025N is equal to R0024N

Smith, D., Brännström, D. och Jansson, A.(2015) Redovisningens språk, upplaga 4, Studentlitteratur.
Literature might be added.

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Department of Business Administration, Technology and Social Sciences

Study guidance for the course is to be found in our learning platform Canvas before the course starts. Students applying for single subject courses get more information in the Welcome letter. You will find the learning platform via My LTU.