Course: Introduction to Financial Accounting (5704-012)

Persons:

Type of Course:

lecture with exercise

In-Class Hours Per Week:

3

Contents:

The purpose of financial accounting is to provide information regarding current operations and the financial condition of a business to individuals, agencies, and organizations. This course covers the basic structure and functionality of financial accounting. The objective is to generate a basic understanding of T-accounts, double entry accounting, and the resulting financial statements. Students learn to recognize and assess transactions within an organization based on financial data, as well as, to evaluate the financial health of an organization based on financial accounting data.

Literature:

The relevant literature will be announced in the lecture or on ILIAS.

Location:

Hohenheim

Remarks:

The lecture contains in-class exercises to illustrate the concepts and to foster a deeper understanding of the concepts.

Module:

• 5704-010 GBWL 1: Principles of Business Administration (compulsory)
• 5101-010 Principles of Business Administration (compulsory)

eLearning:

Course in ILIAS