Managerial accounting 2637-EMBA-EN-MA
The course provides an introduction to financial accounting with more comprehensive study of selected topics.
Specific objectives are:
• presentation and discussion about concepts of modern accounting;
• getting knowledge about the basic accounting terminology, including definitions and recognition criteria of assets, liabilities, income, revenue, equity
• getting knowledge about potential accounting problems facing organization
• presentation of some basic rules and principles of IFRS and Polish Accounting Act,
• discussion on ethics in business and accounting: reasons of frauds in books, “creative” accounting and its consequences
• ethical aspects in accounting – current status and challenges for the future
Course coordinators
Type of course
Mode
Learning outcomes
Students learn how to:
• Look at various financial effects of business decisions (transactions)
• Record effects and see its consequences
• Prepare basic financial statements (i.e. balance sheet, income statement, cash flow statement)
• Understand information provided by accountants
• Appreciate basic knowledge about year-end valuation and its financial effect
• Understand what is meant by “creative accounting”
• Read and analyze information provided in the financial statements
Assessment criteria
Participants get marks for final exam.