SYLLABUS 1. Program description 1.1 University Bucharest University of Economic Studies 1.2 Faculty Finance, Insurance, Banks and Stock Exchanges 1.3 Department Finance 1.4 Field of study Finance 1.5 Study cycle Master 1.6 Program of study/ Qualification Financial management and investments 2. Course description 2.1 The name of discipline Advanced Financial Accounting Course Code 13.0215ZI1.1-0001 2.2 Professor for the course conf.univ.dr.bunea Stefan 2.3 Professor for the seminar conf.univ.dr.bunea Stefan 2.4 Year of Study I 2.5 Semester I 2.6 Type of the evaluation Exam 2.7 Type of the course Mandatory 3. Total estimated time (hours/semester of didactic activities) 3.1 Total number of teaching hours per week 3 of which: 3.2 course 2 3.4 Total number of teaching hours per semester (cf. curricula) 42 of which: 3.5 course 28 3.3 seminar/lab activities 3.6 seminar/lab activities Time allotment for individual study hours Study of the lecture notes, course support, bibliography 30 Additional documentation (in libraries, on electronic platforms, field documentation) 30 Preparation for seminar/ lab classes, homework, referrals, projects and essays 48 Tutorship - Evaluation - Other activities: Work on the projects assigned at the seminar - 3.7 Total number of hours for individual study 3.8 Total number of hours per semester (teaching hours and individual study) 3. 9 Number of ECTS credits allocated 108 150 6 1 14 4. Pre-requisites (if necessary) 4.1 curriculum - 4.2 competences -
5. Requirements ( if necessary ) 5.1. regarding course The lectures are held in rooms with internet acces and multimedia delivery teaching equipment 5.2. regarding seminar The tutorials are held in rooms with internet acces and multimedia delivery teaching equipment 6. Specific competencies acquired Professional competencies C2 - Integration of advanced concepts, theories and models specific to financial management, financial analysis and business valuation. 7. Objectives of the discipline (outcome of the acquired competencies) 7.1 General objective of Developing skills for understanding and analyzing the information the discipline published in prepared by multinationals in 7.2 Specific objective of the discipline according with International Financial Reporting Standards Develop and analyze financial statements based of International Financial Reporting Standards Developing skills for assessing the consequences of accounting policies used by multinationals in preparing the financial statements on the evolution of financial position, performance, liquidity and solvency. Analyzing market position in the industry using annuals reports. management structures and corporate governance through consultation and use of information in. 8. Content 8. 1 Course 1. The content and scope of International Financial Reporting Standards Teaching methods Consultation of national regulation 2. Qualitative characteristics of financial statements IFRS conceptual framework analysis Remarks The material is distributed electronically to students at the beginning of the activity. 3.Statement of financial position and statement of
comprehensive income (IAS 1) 4. Statement of Cash Flows (IAS 7) 5. Statement of changes in equity and notes (IAS 1) 6. Assets: recognition / derecognition, measurement and disclosure (IAS 2, IAS 16, IAS 36, IAS 40, IFRS 5, IAS 17) 7.Liabilities: recognition / derecognition, measurement and disclosure (IAS 37, IAS 12, IAS 17) 8. Off-Balance-Sheet Assets and Liabilities ((IAS 37, IAS 17, IAS 10) 9. Revenues and borrowings costs: recognition / derecognition, measurement and disclosure (IAS 18, IAS 11, IAS 23) 10. Employee Benefits (IAS 19) and share-based payments (IFRS 2) 11. Financial instruments: presentation, recognition and measurement (IAS 32, IAS 39, IFRS 7, IFRS 9) 12. Joint Arrangements (IFRS 11). Disclosure of Interests in Other Entities (IFRS 12) 13. Business combinations (IFRS 3)
14. the consolidated financial statements Bibliography Gîrbină, M., Bunea, S. (2010) Sinteze, studii de caz şi teste grilă privind aplicarea IAS (revizuite)- IFRS, vol. I, vol. II, Bucureşti: Ed. CECCAR Gîrbină, M., Bunea, S. (2008) Sinteze, studii de caz şi teste grilă privind aplicarea IAS (revizuite)- IFRS, vol. III, Bucureşti: Ed. CECCAR Thomas, R.R., Hennie van Greuning, E. Henry, M.A. Broihahn (2008), International Financial Statement Analysis, Wiley Stowe, J. D., T.R. Robinson, J. E. Pinto, D. W. McLeavey (2007), Equity Asset Valuation, Wiley KPMG (2009) Illustrative financial statements International Financial Reporting Standards Standardele Internaţionale de Raportare Financiară (2013), Bucureşti: Ed. CECCAR www.iasb.org www.sec.gov www.companyspotlight.com www.doingbusiness.ro www.ceccar.ro www.cafr.ro 8. 2 Seminar/lab activities 1. Statement of financial position and statement of comprehensive income (IAS 1) Statement of Cash Flows (IAS 7) Statement of changes in equity and notes (IAS 1) 2. Assets: recognition / derecognition, measurement and disclosure (IAS 2, IAS 16, IAS 36, IAS 40, IFRS 5, IAS 17) 3. Liabilities: recognition / derecognition, measurement and disclosure (IAS 37, IAS 12, IAS 17, IAS 19, IFRS 2) 4. Off-Balance-Sheet Assets and Liabilities ((IAS 37, IAS 17, IAS 10) 5. Financial instruments: presentation, recognition and measurement (IAS 32, IAS 39, IFRS 7, IFRS 9) Teaching methods Consultation of national regulation Remarks
6. Financial instruments: presentation, recognition and measurement (IAS 32, IAS 39, IFRS 7, IFRS 9) 7. Business combinations (IFRS 3) Bibliography Gîrbină, M., Bunea, S. (2010) Sinteze, studii de caz şi teste grilă privind aplicarea IAS (revizuite)- IFRS, vol. I, vol. II, Bucureşti: Ed. CECCAR Gîrbină, M., Bunea, S. (2008) Sinteze, studii de caz şi teste grilă privind aplicarea IAS (revizuite)- IFRS, vol. III, Bucureşti: Ed. CECCAR Thomas, R.R., Hennie van Greuning, E. Henry, M.A. Broihahn (2008), International Financial Statement Analysis, Wiley Stowe, J. D., T.R. Robinson, J. E. Pinto, D. W. McLeavey (2007), Equity Asset Valuation, Wiley KPMG (2009) Illustrative financial statements International Financial Reporting Standards Standardele Internaţionale de Raportare Financiară (2013), Bucureşti: Ed. CECCAR www.iasb.org www.sec.gov www.companyspotlight.com www.doingbusiness.ro www.ceccar.ro www.cafr.ro 9. Corroborating the content of the discipline with the expectations of the epistemic community, professional associations and representative employers within the field of the program In defining content elements of the course, we considered the recommendations of national professional bodies (CECCAR-Body Expert and Licensed Accountants of Romania and CAFR - Chamber of Financial Auditors of Romania), ACCA (The Association of Chartered Certified Accountants), the Big Four, and of international education standards set by IFAC (International Federation of Accountants). 10. Evaluation Type of activity 10.1 Evaluation criteria 10.2 Evaluation methods 10.3 Share in the final grade (%) 10.4 Course
10.5. Seminar/lab activities Individual and theam homework Continuous assessment (frequency, strength of interaction, project) 50.00 10.6.Final assessment Written exam 50.00 Achieving a 50% shared themes and support in a group of 10.7. Minimum performance maximum 3 persons of a project aimed at analyzing the standard annual report published by a multinational company Date of syllabus proposal 10.09.2013 Signature of the professor for the course conf.univ.dr.bunea Stefan Signature of the professor for the seminar conf.univ.dr.bunea Stefan...... Date of the approval in the department Signature of the Head of the department 12.09.2013...