Annual Accounts and Good Accounting Practice 5101

Course Objectives

The course will provide students with an opportunity for further study of annual accounting and good accounting principles in the private sector. Students will learn to discuss and solve various problems within the field of annual accounting in the context of current laws and regulations and accounting standards and some IFRS.

Course Description

  • General requirements for annual accounts
  • Managing the main items in the balance sheet and the profit and loss account
  • Notes to the accounts
  • Annual reports
  • Consolidated group accounts - group taxation - own capital method - fusions and fissions - some IFRS

Learning Methods

Lectures, assignments and group work in the autumn and spring semesters.

Assessment Methods

1-3 obligatory assignments. Students must receive passing marks on all assignments before they will be permitted to sit the examination. Written examination, 6 hours.

In ordered to qualify as a registered public accountant candidates must achieve a grade of C or better.

Minor adjustments may occur during the academic year, subject to the decision of the Dean

Publisert av / forfatter Bergit Grivi <>, last modified Ian Hector Harkness - 18/04/2008