Financial Reporting II

Introduksjon

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

The course is about preparing and understanding financial statements according to IFRS with a focus on consolidated financial statements. IFRS is an internationally accepted set of accounting standards used by listed firms in the EU/EEA and elsewhere in the world. Expertise in IFRS is needed for professional auditors, accounting preparers and accounting users. The course is compulsory for students in the Master of Accounting and Auditing.

The course set-up is flipped classroom. This means that students are expected to study the materials at home using the textbook and videos. They will also have to do exercises online to get access to the next videos. More difficult exercises will be dealt with in class.

Kursets innhold

• Fair value accounting: theory and measurement
• Financial instruments
• Tax accounting
• Consolidation
• Impairments