This class exists in these courses :
• USCHOOL - Licence 1 Pluridisciplinaire Projet Personnel - S1 - 2 ECTS
  Faculté de Gestion, Economie & Sciences - Licences & Prépas - Licence 2 Internationale d'Economie et de Gestion - S3 - 2 ECTS

Prerequisites

No prerequisites. A comprehension of financial statements in French is preferred.

Learning outcomes

The principle objective of this course is to introduce accounting terms and concepts used in US General Accepted Agreement Principles (GAAP) and International Financial Reporting Standards (IFRS). At the end of the course, they will be able to write an accounting journal and a balance sheet.

Course description

• Outline of the course

1. Financial Reporting


2. Key accounting concepts


3. Accruals principles /Matching concept


4. IFRS/IAS – International standards


5. Financial statements analysis

Types of corporations

Class type

Class structure

Instruction is based on active participation in a group context.

To this end, beyond standard learning through presenting a theory on a specific subject, great attention will be paid to the application of concepts through case studies, exercises, and oral presentations.

This application of theory will take the form of role plays so that the instruction is as close as possible to reality in a company. In doing so, students will be aware of the requirements of the labour market on the subjects taught in this course, regardless of the profession that they will subsequently pursue. As a result, accounting, especially international accounting, will become part of their every day lives, even if their chosen profession is far from it.

Teaching methods

Assessment

Recommended reading

• 
  
  • Financial and Managerial Accounting – Warren Reeve Duchac
  
  
  • Financial accounting and reporting; a global perspective Hervé Stolowy, Michel lebas, Yuan Ding and George Langlois
  
  
  • International financial Statement Analysis – Robinson, Henry, Broihahn