Table of contents

The course is connected to the following study programs

Teaching language

English.

Recommended previous knowledge

Bachelor's courses in financial accounting.

Learning outcomes

Upon successful completion of this course the students should be able to:

  • Apply International Financial Reporting (IFRS) to practical accounting issues, including the preparation of appropriate journal entries.
  • Understand and apply the accounting concepts and principles of recognition, timing, measurement, presentation, and disclosure.
  • Critically discuss the conceptual and practical challenges surrounding accounting issues, including the choices in reporting and disclosure that companies face.
  • Understand the relevance, purpose and value of financial reporting to sustainability debates.

Contents

This course builds on students’ knowledge from prior financial accounting courses by presenting an in-depth analysis of important accounting topics from the perspective of International Financial Reporting Standards (IFRS). IFRS addresses this challenge by providing a high quality, internationally recognised set of accounting standards that bring transparency, accountability and efficiency to financial markets around the world. Students will obtain a comprehensive understanding of how to apply IFRS to a range of accounting issues.

Other important topics shaping financial reporting are also considered, including how financial reporting contributes to sustainability debates

Teaching and learning methods

Lectures and group work. Estimated workload is about 200 hours.

Examination requirements

Approved compulsory assignment(s). More information will be given in Canvas at the start of the semester.

Examinations

4-hour written examination with letter grades. Due to grade requirements for state authorised auditors, a regular examination will be held both autumn and spring.

Student evaluation

Emneansvarlig fastsetter i samråd med studenttillitsvalgt evalueringsform og om emnene skal ha midtveis- eller sluttevaluering i tråd med kvalitetssystemet kapittel 4.1. Informasjon om evalueringsform for emnet publiseres i Canvas.

Offered as a free-standing course

No.

Reduction of Credits

This course’s contents overlap with the following courses. A reduction of credits will occur if one of these courses is taken in addition:

Course Reduction of Credits
BE-507 – Financial Accounting 5. 5
Last updated from FS (Felles studentsystem) Oct. 15, 2026 9:14:49 AM