OUR ACADEMIC DEPARTEMENTS |
Lesson details
ADVANCED FINANCIAL REPORTING UNDER US AND INTERNATIONAL STANDARDS | |||
2018-2019 | EnIESEG School of Management
(
IÉSEG
)
| ||
Class code : | 1819-IÉSEG-M1S1-ACC-MA-EI64UE | ACCOUNTING / AUDIT / CONTROL |
Level | Year | Period | Language of instruction |
---|---|---|---|
Master | 1 | S1 | EnEnglish |
Academic responsibility | A.BELDI |
---|---|
Lecturer(s) | Pierre HILAL |
- This class exists in these courses :
- IÉSEG > IESEG Degree - Programme Grande École > Semester 1 > 2,00 ECTS
Prerequisites
Students taking this course should, at the very least, have taken an Intermediate financial reporting class prior to registering for this course. An understanding of the accounting cycle and basic journal entries are a must for this course.
Learning outcomes
At the end of the course the student should be able to :
Account for intercorporate investments, prepare consolidated financial statements, and obtain an understanding of foreign currency, derivatives and hedging.
Course description
This course explores the major similarities and differences between US GAAP and IFRS with respect to financial instruments. The course will cover many topics, including strategic and non-strategic debt and equity instruments. In addition the course will cover, business combinations, basic consolidation principles, foreign currency, derivatives and hedging.The continuing assessment portion of this course will consist of two group projects and two brief oral presentations. The course will require several hours of study and group work after each class. This course will entail a significant amount of group and individual work. However, should find the course content most interesting. This course promises to be anything but boring! The instructor is highly energetic, dynamic and willing to help students after class wherever necessary.
Class type
Class structure
Type of course | Numbers of hours | Comments | |
---|---|---|---|
Independent study | |||
Estimated personal workload | 16,00 | ||
Face to face | |||
Interactive class | 16,00 | ||
Total student workload | 32,00 |
Teaching methods
- E-learning
- Interactive class
- Project work
- Seminar
Assessment
The instructor shall lecture on the assignments as well as provide many in-class exercises for students to practice. Course notes shall be provided by the instructor. Additional practice problems shall also be given for students to practice with.
Type of control | Duration | Number | Percentage break-down |
---|---|---|---|
Final Exam | |||
Written exam | 0,00 | 1 | 50,00 |
Continuous assessment | |||
Oral presentation | 0,00 | 2 | 20,00 |
Others | |||
Group Project | 0,00 | 2 | 30,00 |
TOTAL | 100,00 |
Recommended reading
- Intermediate Accounting, Volume I & 2, Canadian Edition by Thomas Beechy, Joan Conrod, Elizabeth Farrell, Ingrid Mcleod-Dick -
- CPA Financial Reporting Workbook, by Pierre Hilal, CPA, CMA -
Internet resources
* This information is non-binding and can be subject to change