Rechnungslegung von Finanzinstrumenten
Accounting for Financial Instruments (Obligatory area B or C)
Lecturer: Martin Schmidt
This module conveys the necessary skills for the analysis and evaluation of the problems of the recognition of financial instruments. Emphasis is placed on the main features of the recognition of financial instruments as well as on the methods of problem solving of corresponding recognition questions in a national and international context. Against the background of the theoretical approach to financial accounting the relevant norms are reflected upon, taking into consideration empirical findings. After completing the module, the students will be able to solve selected problems regarding the recognition of financial instruments of medium and high complexity. They will have acquired the knowledge required for the systematic solution and appropriate assessment of new problems. The students will also be capable of evaluating the national and international norms taking into account the theoretical approaches to financial accounting and empirical considerations.
Accounting for financial instruments according to IFRS and national law (Handelsgesetzbuch, HGB): types of financial instruments and the main features of their pricing, recognition and measurement, hedge accounting, equity and debt instruments and their dissociation, audit of financial instruments, the connection between the recognition and measurement of financial instruments and theoretical approaches to financial accounting, theoretical approaches to distinguish equity and liabilities.
Language: German or English
Total workload: 150
Module duration: One semester
Module frequency: Every fall semester
Prerequisites: None. Enrollment for the “Advanced Financial Accounting” module or a similar course is however strongly recommended.