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INTERNATIONAL ACCOUNTING

Course Code: CIG 314 • Study year: III • Academic Year: 2022-2023
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%.

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.