International Accounting - IFRS I (5cr)
Code
General information
- Timing
- 12.01.2026 - 15.05.2026
- The implementation has not yet started.
- Number of ECTS credits allocated
- 5 cr
- Institution
- Haaga-Helia University of Applied Sciences, Verkkokampus
- Teaching languages
- English
- Seats
- 0 - 5
- Course
- C-10056-ECO017AS3AE
Unfortunately, no reservations were found for the realization International Accounting - IFRS I C-10056-ECO017AS3AE-3003. It's possible that the reservations have not yet been published or that the realization is intended to be completed independently.
Evaluation scale
H-5
Objective
- Knows the basics of IFRS standards and is able to independently find more information about them. - Is able to apply the IFRS standards in practical real life business cases. - Knows the basics of IFRS sustainability reporting according to required standards. - Is able to participate discussions about IFRS standards using professional language.
Methods of completion
Online implementation with four online sessions and independent learning. RPL - if you already have knowledge on this topic, please email teacher. Work & Study - if you have a job where you can apply IFRS, please email teacher.
Methods of completion
Want to work in an international company's accounting department? If yes, this course is for you! In addition to preparing financial statements for individual companies according to local GAAP (generally accepted accounting principles) such as Finnish GAAP, international companies need to apply IFRS International Financial Reporting Standards. This way the financial statements of international companies are comparable with eachother no matter in wich country their headoffice is located. Come an learn the most importand standards in this course. Course is in English as it is the language mainly used in international companies. In case you have studied accounting in your own language so far - don't worry - you will learn the accounting vocabulary in English here.
Content
Planned implementation schedule, changes possible. Week 1: IFRS introduction Week 2: Consolidated financial statements Week 3: IFRS 15 Revenue recognition Week 4: IFRS 16 Leasing Week 5: IAS 36 Impairment testing Week 6: IFRS 9 Financial instruments Week 7: S1 and S2 Sustainability standards.
Materials
Melville, A. (2022). International Financial Reporting. 8th Edition. [Insert Publisher Location]: Pearson International Content. This can be found as an e-book in Haaga-Helia library. Other material provided by the teacher during the course.
Qualifications
In order to take this course, you need to have prior knowledge on doing accounting and preparing financial statements, for ex you should have taken courses ECO002AS2AE Financial Accounting, ECO005AS2AE Financial Statements and Corporate Tax or ECO002AS2A Kirjanpito and ECO005AS2A Tilinpäätös ja yritysverotus or have similar knowledge. Course is challenging and there is a pretest to see that your accounting skills are good enough. Only students who pass the pretest (50% correct) can participate the course. Course requires a lot of work and ability to study independently as well.