Overview
Lecturer
Sorin Constantin Deaconu
Seminar tutor
Sorin Constantin Deaconu
Type of course
Compulsory
Language of instruction
Romanian
Erasmus language
English
Domain
Accounting
Field of study
Accounting and Management Information Systems
Form of education
Full-time
Form of instruction
Class
Credit awarded by
Grade
Teaching methods
Lecture, conversation, exemplification.
Entry requirements
-
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 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
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
Assessment
Written exam – 90%; verification during semester – 10%.
Recommended reading
• Accounting Law no. 82/1991 with the further amendments and completions republished in the Official Journal no. 454/2008.
• The Order2634/2015 for financialaccounting documents, Official Journal no. 910/2015.
• The Law no. 227/2015 regarding the Fiscal Code with the further amendments and completions, Official Journal no. 688/2015.
• http://www.aicpa.org.
• http://www.plancomptable.com.