General Management Programme

Financial Accounting

Course length: 24 hours

The objective of this course is twofold. First, it seeks to provide an understanding and critical awareness of the financial information necessary to make decisions (for managers within an enterprise or investors and analysts outside a company) - this is a forward-looking orientation.

The second objective is to understand the financial implications of managerial decision-making in previous accounting periods- this is a backward looking orientation.

Key points:

• Introduction to IFRS financial statements, financial statement analysis, accounting for selected issues (amortization and depreciation, accounting for inventories),
• Business combinations.