12 July 2024
The course includes the following sessions which aim at laying the foundation for a solid understanding of financial accounting and reporting practices:
Purpose/function of accounting, different financial statements, basic assumptions in accounting
Double-entry bookkeeping technique
Ethics and internal control, cash and accounts receivables
PPE and intangible assets
Current and long-term liabilities
Equity and equity investments
Cash flow statement
Financial statement analysis
Throughout the different sessions, students acquire general business knowledge by analyzing IFRS and US GAAP based financial statements of internationally operating companies with different backgrounds (service and product companies from different countries) with the aim of assessing the firm’s financial position and performance in light of the broader economic context.
The tasks of analysing financial data and assessing whether certain accounting regulations and practices meet the (intended) purpose of financial accounting aim at stimulating students’ curiosity about ambiguities in accounting and at helping students to develop a high degree of analytical and critical thinking.
Kirstin Becker - Department of Accounting
This is a bachelor level course. CBS Summer University courses at Copenhagen Business School is open to all and welcomes domestic and international students as well as professionals.
Explain the purpose of financial accounting and reporting and critically assess whether current accounting regulations and practices meet such purposes
Explain the difference between cash and accrual accounting
Apply the double-entry-bookkeeping method to prepare financial statements based on accounting transactions
Find, analyze and interpret specific information in financial statements of firms using either IFRS or U.S. GAAP
Define ethical dilemmas in accounting and their consequences and identify situations in which unethical behavior is (more/less) likely to occur
This is an intensive 3-week course. 3-week courses cannot be combined with any other courses.
Find more information on our website.
DKK 6000: Tuition fee for Open University students (EU/EEA/Swiss citizenship)
DKK 12000: Tuition fee for non-European students.