Objectives and competences
Students systematically enhance their knowledge in the field of financial accounting and financial accounting analysing with specific knowledge about group accounting. They acquire basic theoretical and methodical knowledge in the field of group accounting with the aim to gain the ability in order to solve basics consolidation problems and to prepare consolidated financial statements.
Content (Syllabus outline)
• Definitions of a group and other forms of a grouping
• Basic characteristic of accounting information’s for the group managerial support and external reporting
• Consolidation theories and methods
• Consolidation law and other professional regulation for the consolidation
• Preparing consolidated financial statements (SAS/IFRS)
• Consolidated annual report
• Organizational requirements in preparing Consolidated Financial Statements
• Analyzing of Consolidated Financial Statements
Learning and teaching methods
- lecturing,
- case studies,
- guest lectures;
- seminar project,
- team work.
- individual work
- individual studies
Intended learning outcomes - knowledge and understanding
The student will be able:
1. Systematically identify and analyze economic categories for the purposes of consolidation by integrating theoretical knowledge and practical examples. (PILO 1a).
2. Critically evaluate and deeply understand the consolidation theories, consolidation methods, consolidation tools, their impact on the presentation of financial position, and business performance of international companies (PILO 2a, PILO 2b).
3. To demonstrate appropriate knowledge of consolidation procedures for the needs of international groups and the preparation of consolidated financial statements (PILO 2b)
4. Critically evaluate consolidation issues using advanced research methodologies. (PILO 2c)
5. To demonstrate skills in solving consolidation problems, mastering the use of research methodology (qualitative and/or quantitative methods) suitable for researching specific issues (PILO 3a).
6. Effectively communicate ideas, results, and defend their tax solutions in consolidation. (PILO 3b)
7. To develop teamwork skills in solving problems (short tasks) in the field of consolidation, and improve communication and collaborative skills within the team. (PILO 3c)
8. To identify and diagnose ethical issues and make ethically responsible professional decisions. (PILO 4a)
The PILO label (i.e., Programme Intended Learning Outcomes) defines the contribution of each listed intended learning outcome of a course towards achieving the general and/or subject-specific competencies or learning outcomes acquired through the programme.
Intended learning outcomes - transferable/key skills and other attributes
The student will be able:
1. Systematically identify and analyze economic categories for the purposes of consolidation by integrating theoretical knowledge and practical examples. (PILO 1a).
2. Critically evaluate and deeply understand the consolidation theories, consolidation methods, consolidation tools, their impact on the presentation of financial position, and business performance of international companies (PILO 2a, PILO 2b).
3. To demonstrate appropriate knowledge of consolidation procedures for the needs of international groups and the preparation of consolidated financial statements (PILO 2b)
4. Critically evaluate consolidation issues using advanced research methodologies. (PILO 2c)
5. To demonstrate skills in solving consolidation problems, mastering the use of research methodology (qualitative and/or quantitative methods) suitable for researching specific issues (PILO 3a).
6. Effectively communicate ideas, results, and defend their tax solutions in consolidation. (PILO 3b)
7. To develop teamwork skills in solving problems (short tasks) in the field of consolidation, and improve communication and collaborative skills within the team. (PILO 3c)
8. To identify and diagnose ethical issues and make ethically responsible professional decisions. (PILO 4a)
The PILO label (i.e., Programme Intended Learning Outcomes) defines the contribution of each listed intended learning outcome of a course towards achieving the general and/or subject-specific competencies or learning outcomes acquired through the programme.
Readings
Obvezna literatura:
• PODGORELEC, Peter (ur) in HAUPTMAN, Lidija (ur). Koncerni. 2. spremenjena in dopolnjena izd. Ljubljana: Lexpera, GV založba. 2021.Lidija Hauptman in Majda Kokotec-Novak. Računovodstvo koncernov. Skripta za predavanja. 1. letnik BM. 2023. Univerza v Mariboru, Ekonomsko-poslovna fakulteta, Katedra za računovodstvo in revizijo.Lidija Hauptman. 2023. Računovodstvo koncernov (vaje). Ekonomsko-poslovna fakulteta, Katedra za računovodstvo in revizijo. Maribor.
• Mednarodni standardi računovodskega poročanja. Uredba (ES) št. 1606/2002 o mednarodnih računovodskih standardih z dopolnitvami.
• Slovenski računovodski standardi2024. Uradni list RS, št. 129/2023.
Opomba:
• Drugo aktualno gradivo posredovani na predavanjih (in znanstveni članki, študije OECD, IBFD, drugo).
Prerequisits
No requirements
Additional information on implementation and assessment Note:
-The written exam may be replaced by two midterm exams during the course of the semester. Student must achieve 56% in the total of both midterms written exams.
-Seminar paper, with oral presentation during the semester. A positive seminar paper is a prerequisite for taking the written exam.
-Research paper - an individual research paper, a methodological analysis of a specific research problem. Oral presentation during the course of the semester.
