Course aims:

Developing the capacity to build professional judgments for transactions and events with a high degree of complexity
Using the professional judgment in analyzing and interpreting the accounting information regarding the special operations (divisions, fusions, insolvency, consolidation)
Formation of practical skills and working skills specific to the appropriate, systematic use of financial-accounting instruments to provide a faithful image of special operations
Development of operating skills with financial-accounting information, argumentation of opinions and launch of relevant proposals
Analysis and efficient use of accounting information

Course Entry Requirements:

-

Course contents:

1. General reference points regarding special accounting operations; 2. Recognition of the operations division of entities; 3. Investigation accounting transactions generated by combining businesses; 4. Legal and accounting aspects concerning insolvency. The bankruptcy hypothesis; 5. Group situations.

Teaching methods:

Lecture, conversation, exemplification.

Learning outcomes:

- Proper assimilation and use of accounting concepts on special operations; - Accounting of dissolution operations, combine and bankruptcy of enterprises: - Knowledge and operation of the ways to consolidated accounts.

Learning outcomes verification and assessment criteria:

Written exam – 75%; verification during semester – 25%.

Recommended reading:

Cenar I., Isac L.,, International Accounting Standards on Business Combinations and their Implementation in the Accounting in Romania, Knowledge Horinzons – Economics, Bucharest, 2013, 92-100.
IASB, IFRS 3 — Business Combinations, IFRS 10 Consolidated Financial Statements,https://www.iasplus.com/en/standards/ifrs, Columbus Building, London, 2011, all.
IASB, IAS 27 — Separate Financial Statements,IAS 28 — Investments in Associates and Joint Ventures, IAS 31 — Interests In Joint Ventures,https://www.iasplus.com/en/standards/ias/, Columbus Building, London, 2011, all.
Cenar I., Fundamentals of Accounting, Didactica Series, Alba Iulia, 2009, all.
European Parliament and of the Council, https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=celex%3A32013L0034, European Parliament and of the Council, Brussels, 2013, all.