Accounting & Finance 1: Introduction

1st study cycle, Bachelor

The participants:
• can 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 accounting processes.
• possess the basic knowledge for advanced courses in financial reporting and controlling.

None

• Fundamentals and classification of accounting
• Distinction between external and internal accounting
• Tasks, functions, and legal foundations of external accounting (Austrian Business Code, UGB)
• Introduction to the obligation to keep accounts
• Fundamentals of bookkeeping and double-entry bookkeeping
• Principles of proper accounting (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

4

Blended learning

1