Corporate Reporting II

Knowledge

Upon successful completion of the course, the student will have:

• Advanced knowledge of key components in financial reporting.
• In-depth understanding of core international accounting standards (IFRS) and Norwegian Generally Accepted Accounting Principles (NGAAP).
• Deep understanding of the content of selected accounting standards, including when and how they should be applied.
• Knowledge of the challenges associated with interpreting and applying the principles of recognition, measurement, presentation, and disclosure.
• Comprehensive insight into the role of professional judgement in the interpretation and application of IFRS and NGAAP.

Skills

The student will be able to:

• Ability to analyse and critically assess various sources of information and use them in order to structure and formulate technical arguments with respect to corporate reporting.
• Assess which accounting standards are applicable in different contexts and different scenarios.
• Apply selected accounting standards to practical financial reporting issues and exercise professional judgement in the assessment.
• Formulate and justify accounting choices and reasoning in a professional context.

General Competence

The student will be able to:

• Work both independently and in team on practical and theoretical accounting related issues.
• Communicate accounting related problems, analyses, and conclusions effectively within a professional environment.
• Reflect on ethical issues in financial reporting and accounting practice.