INTERNATIONAL ACCOUNTING

Course Code: CIG 314 • Study year: III • Academic Year: 2024-2025

Domain: Accounting • Field of study: Accounting and Management Information Systems

Type of course:	Compulsory
Language of instruction:	Romanian
Erasmus Language of instruction:	English
Name of lecturer:	Sorin Constantin Deaconu
Seminar tutor:	Sorin Constantin Deaconu
Form of education	Full-time

Form of instruction:	Class
Number of teaching hours per semester:	56
Number of teaching hours per week:	4
Semester:	Autumn
Form of receiving a credit for a course:	Grade
Number of ECTS credits allocated	5

Course aims:

Developing for the students the professional reasoning in applying IAS/IFRS and the European directives.
Recognition of fixed assets
Recognition of inventories in the annual financial statements

Course Entry Requirements:

Course contents:

1. Accounting harmonization. 2. The general preparation and presentation of financial statements. 3. Tangible assets. 4. Stocks. 5. Balance Sheet 6. Profit and loss account

Teaching methods:

Lecture, conversation, exemplification.

Learning outcomes:

• Knowing the essential elements upon the financial reports • Identifying the economic and financial consequences in the presentation of the financial situations • Interpreting the accountancy international standards and the European directives

Learning outcomes verification and assessment criteria:

Written exam – 90%; verification during semester – 10%.