All lectures and tutorials of this course will take place in classroom.

1. General information

• This course is part of the module Financial Accounting (ACM 02) in the new master's degree program "Business Administration MSc" (PO 2025). Credits for this course are allocated for "Financial Accounting II" (3 ECTS).
• Examination and credits: final written exam (at the end of the winter semester 2025/2026, 60 min.); 3 ECTS (PO 2025).

• Students in the old program "Betriebswirtschaftslehre MSc" (PO 2019/2020/2022) have to register for the exam "Handelsbilanzen" (PO 2019/2020/2022) in order to fulfill their requirements for the module ACM 02. This course does not fulfill the requirements for "Handelsbilanzen" in the old program!
• Students in the old program "Betriebswirtschaftslehre MSc" (PO 2019/2020/2022) may register for the 90-minute exam "Advanced International Accounting" (PO 2019/2020/2022) if they wish to take this course as an elective. Kindly note that the module "Advanced International Accounting" requires students to partake in a case study assignment in order to pass the course. Students in the new master's degree program do not need to partake in a case study assignment in order to receive credits for "Financial Accounting II". 

2. Learning Objectives, Contents and Methodology

Building on the fundamentals of IFRS introduced in International Financial Reporting I, this module deals with further issues in financial reporting for both public and private firms (e.g., interim reporting, hedge accounting, consolidated financial statements). In this class, we assume a problem-oriented perspective: Instead of discussing accounting standards or balance sheet items in an isolated way, we conduct an integrated analysis of financial reporting issues using real challenges that firms regularly face. These challenges include:

• Going public: What are the consequences when private firms decide to issue stocks or bonds at a public exchange?
• Restructuring: What do firms need to consider when restructuring as a response to financial distress? 
• M&A accounting: How to account for acquisitions and divestments?
• Going international: How to prepare financial reports for private and public firms in other countries?

Extensive practical exercises and insights from research are integrated in the lectures and tutorials. 

3. Schedule

Kindly note that there is no lecture or tutorial from December 15, 2025 until January 04, 2026 due to exams before the winter break and the winter break itself.

4. Literature

• Cotter, D.: Advanced Financial Reporting – A Complete Guide to IFRS, Prentice Hall, 2012.
• Kothari, J./Barone, E.: Advanced Financial Accounting – An International Approach, Prentice Hall, 2011.
• Pellens, B. et al.: Internationale Rechnungslegung, 11. Aufl., Stuttgart 2021.

5. Downloads

• Class materials for the first lecture can be accessed here via your user identification (allocated by CIT, formerly ZIV) and the corresponding standard password.
• All remaining class materials are available for download on Learnweb. The password required to enrol in the Learnweb course will be provided during the first lecture on December 03, 2025.