Financial Reporting with IFRS

English
TEM 0421
7.5 Credits

Introduction

Please note that this is a preliminary course description. The final version will be published in June 2026.

Firms prepare financial statements, which are one of the primary means of communication with external stakeholders, and they pay taxes, which can be substantial. This course provides insights into the fundamental determinants and consequences of both. In addition, the course provides insights into the drivers of firms' earnings quality.

The course consists of the following components: (1) regulatory environment for financial reporting, (2) International Financial Reporting Standards (IFRS), (3) taxation, (4) IFRS Sustainability Disclosure Standards, and (5) earnings quality.

This course is closely related to the Financial Reporting and Taxation course of the Chartered Institute of Management Accountants (CIMA) professional qualification as a Chartered Global Management Accountant (CGMA).

Course content

Regulatory environment for financial reporting
IFRS (related to property, plant and equipment, depreciation, accounts receivable, inventory, intangible assets, current and noncurrent liabilities, shareholders' equity, revenue recognition, and income taxes)
Taxation
IFRS Sustainability Disclosure Standards
Firms’ earnings quality

Disclaimer

This is an excerpt from the complete course description for the course. If you are an active student at BI, you can find the complete course descriptions with information on eg. learning goals, learning process, curriculum and exam at portal.bi.no. We reserve the right to make changes to this description.