Accounting & Finance 1: Introduction

First study cycle, Bachelor

The participants:
• understand the fundamentals of accounting.
• have an initial overview of the essential components of the annual financial statements and their function.
• develop a basic understanding of simple business transactions and essential processes in accounting.
• have basic knowledge of financial reporting and controlling.

None

• Fundamentals and classification of accounting
• Differentiation between financial and management accounting
• Tasks, functions and legal foundations of financial accounting (Austrian Commercial Code, UGB)
• Introduction to the bookkeeping obligation
• Fundamentals of bookkeeping and double-entry bookkeeping
• Generally accepted accounting principles (GoB)
• Structure and classification of the balance sheet and income statement under the UGB
• Introduction to cost accounting

• Vahs, D., Schäfer-Kunz, J.: Einführung in die Betriebswirtschaftslehre, Schäffer-Poeschel (aktuelle Aufl.)
• Neugebauer, A.: Schritt für Schritt vom Beleg zur Bilanz, Linde (aktuelle Aufl.)
• Wolfsgruber, H.: Kostenrechnung und Kostenmanagement, Linde (aktuelle Aufl.)

Portfolio assessment

German

3

Blended learning

1