1. General information

• Elective course of the bachelor’s programme (PO 2010, 5^th semester)
• This course is part of the module “Advanced Accounting”.

• Examination and credits: final written exam (120 min.) together with “Advanced Financial Accounting”, 6 LP (PO 2010)

2. Learning Objectives, Contents and Methodology

Referring to Internal Business Analysis, this course is to develop a deepened understanding of financial and managerial accounting as well as their interrelations. Unlike in Anglophone countries, financial and managerial accounting are distinctive in Germany. This course is intended to be a lecture and, as such, the primary responsibility for learning will rest with the students. There will be examples to explain how to apply theory in “real” life. The objective is to develop a working knowledge of financial statement analysis and managerial accounting in order to be able to adopt this knowledge to concrete “real” life situations as they apply to corporations. Background information in form of additional reading material will be provided.

Referring to Financial Statement Analysis (External Business Analysis), this course will enable students to understand how economic situations and management decisions can influence the company’s performance correlated with the impact on key ratios and the related interpretations. By the end of this course, it is expected that students are able to analyse companies on their own resulting in reasoned and founded investment decisions.

3. Schedule

4. Literature

• To illustrate the contents of the course, the annual report of Henkel will be available for download on Learnweb. Please bring it along to each lecture.
• Busse von Colbe, W./Coenenberg, A.G./Kajüter, P./Linnhoff, U./Pellens, B. (Hrsg.): Betriebswirtschaft für Führungskräfte, 4. Aufl., Stuttgart 2011.
• Baetge, J./Kirsch,H.-J./Thiele, S.: Bilanzanalyse, 2. Aufl., Düsseldorf 2004.
• Weber, J./Schäffer, U.: Introduction to Controlling, Stuttgart 2008.
• Accompanying the lectures, a script is provided.

5. Downloads

• Class materials for the first lecture can be accessed here via your user identification allocated by ZIV and the corresponding standard password.
• Class materials for subsequent lectures will be available for download on Learnweb.