CREDITS 3 ECTS - 32 Contact Hours
Being the continuation of the Business Accounting, this course further expands into concepts of Financial Accounting, as well as first insight into management accounting being key in the day-to-day business life. No matter which career path shall the students pursue knowledge obtained in this course will make them sophisticated users of financial information equipped for decision-making process, be it investment, corporate, performance assessment and valuation of companies.
Students will dive into financial statements preparation, analyzing the correlation between different indicators, measuring and interpreting different ratios and measurements to evaluate the performance of the company. The focus of the second part of the course shifts towards broader questions regarding organisation strategy, where management accounting plays a crucial role in performance reporting and evaluation, costing, budgeting and forecasting.
Course evaluation is based on the group case study and final in-class closed-book exam, accounting for 50% of the final evaluation each
- Teacher: Olga Bondare