ECTS: 
4
Lecturer: 
Krzysztof Wiatrzyk
Type: 
Compulsory
Level: 
Advanced
Lecture
Number of hours: 
2h X 8 weeks = 16 hours (1 semester)
Classes
Number of hours: 
2h X 7 weeks = 14 hours (1 semester)
Objective: 

The course Accounting and Firm Reporting allows students to understand accounting principles, importance of accounting in business and foundations of financial reporting.
The aim of this course is to understand analyzing and recording business transactions.
In addition, student is able to prepare of financial statements.

Assessment: 

Written exam

Contents: 

1. The concept of accounting. Foundations of financial reporting. The role of accounting in business.

2. Analyzing and recording business transactions.

3. Adjusting the accounts and completing the accounting cycle. Presentation of financial statements.

4. Accounting for merchandising operations. Inventory.

5. Internal control and receivables.

6. Long-term assets. Fixed assets. Amortization. Intangibles assets.

7. Payroll and liabilities. Accounting for corporations. Investments and fair value accounting.

8. The Statement of Cash Flows. Analysis of financial statements.