course-details-portlet

BBOA3030 - Advanced Financial Accounting

About

Examination arrangement

Examination arrangement: School exam
Grade: Letter grades

Evaluation Weighting Duration Grade deviation Examination aids
School exam 100/100 4 hours C

Course content

The course is an advanced course in financial accounting. It shall provide a basis for reflecting on key parts of the theoretical foundation for the financial accounts, as well as provide insight into the theory and practical application of key valuation models in the accounts.

Learning outcome

Knowledge

The Student

  • Has basic knowledge of accounting regulation in theory and practice.
  • Has knowledge of the basic assumptions and principles in the historical cost model.
  • Has knowledge of the generally accepted accounting principles in the Norwegian accounting act.
  • Has basic knowledge of IFRS Conceptual Framework for Financial Reporting and some selected International Financial Reporting Standards (IFRS).
  • Has in-dept knowledge of recognition and measurement of assets, liabilities, income and expenses in accordance with the Norwegian accounting act and good accounting practice (NGAAP) with emphasis on:
    • Recognition of revenue
    • Fixed assets
    • Intangible assets including goodwill
    • Construction contracts
    • Liabilities including income tax
    • Equity and distribution of share dividends to shareholders
  • Has knowledge of alternative approaches to valuation of items and corporate valuation, including consideration of sustainability
  • Has knowledge of substantial measurement problems in financial accounting in accordance with Norwegian Accounting Act and good accounting practice (NGAAP).
  • Has knowledge of measurement principles in some selected International Financial Reporting Standards (IFRS)

Skills

The Student

  • Can recognize and measure key assets, liabilities, income and expenses in accordance with Norwegian accounting act and good accounting practice (NGAAP) and some selected International Financial Reporting Standards (IFRS)
  • Can estimate cost of capital for valuation of items and corporate valuation
  • Can apply alternative approaches to valuation of items and corporate valuation

General competences

The Student

  • Can acquire new knowledge within the above-mentioned subject areas

Learning methods and activities

Lectures and compulsory project assignment written in groups of 2-3 participants.

Compulsory assignments

  • Project Work

Further on evaluation

Supporting material allowed on exams:

  • Approved calculator regarding NTNUs support material code B-D "specific basic calculator".
  • Other calculators that are allowed in the course are: Casio FC-100V and Texas Instruments - BAII Plus.

Specific conditions

Admission to a programme of study is required:
Business Administration (BØA)
Economics and Business Administration (MSIVØK5)

Required previous knowledge

None

Course materials

Information about literature at the beginning of the term

Credit reductions

Course code Reduction From To
BBOA3041 2.5 AUTUMN 2019
BBOA3050 2.5 AUTUMN 2019
More on the course

No

Facts

Version: 1
Credits:  7.5 SP
Study level: Third-year courses, level III

Coursework

Term no.: 1
Teaching semester:  SPRING 2025

Language of instruction: Norwegian

Location: Trondheim

Subject area(s)
  • Economics and Administration
Contact information
Course coordinator: Lecturer(s):

Department with academic responsibility
NTNU Business School

Timetable

List view
Calendar view

Examination

Examination arrangement: School exam

Term Status code Evaluation Weighting Examination aids Date Time Examination system Room *
Spring ORD School exam 100/100 C INSPERA
Room Building Number of candidates
Summer UTS School exam 100/100 C INSPERA
Room Building Number of candidates
  • * The location (room) for a written examination is published 3 days before examination date. If more than one room is listed, you will find your room at Studentweb.
Examination

For more information regarding registration for examination and examination procedures, see "Innsida - Exams"

More on examinations at NTNU