course-details-portlet

BMRR4030 - Financial Accounting and Corporate Reporting I

About

Examination arrangement

Examination arrangement: School exam
Grade: Letter grades

Evaluation Weighting Duration Grade deviation Examination aids
School exam 100/100 5 hours C , LOVDATA

Course content

The course is an advanced course in financial accounting, with emphasis on key measurement problems in preparing a financial statement in accordance accounting standards, including IFRS

The purpose of the course is to provide students with in-depth knowledge of financial reporting, and accounting regulation, and use of rules for recognition and measurement of assets, liabilities, income, and expenses in accordance with selected accounting standards.

Learning outcome

Knowledge

The Student

  • has knowledge of accounting principles, IFRS framework, the Norwegian accounting law and accounting standards (GRS and IFRS) for financial reporting
  • has in-dept knowledge of recognition and measurement of assets, liabilities, income and expenses in accordance with Norwegian (GRS) and international accounting standards (IFRS) with an emphasis on:
    • Revenue from Contract with Customers
    • Property, Plant and Equipment
    • Intangible Assets
    • Construction Contracts
    • Selected Financial Assets and Liabilities
    • Provisions and Contingent liabilities
    • Income Tax
    • Equity and distribution of share dividends to shareholders
    • Other problems
  • Has knowledge of key measurement problems in a financial statement

Skills

The Student can find and use accounting rules to recognize and measure assets, liabilities, income, and expenses.

Competences

The Student is able to acquire new knowledge within the field, and develops an analytical mindset and ability for critical thinking.

Learning methods and activities

Work with literature, regulations, standards, and accounting problems, as well as plenary lectures.

Compulsory assignments

  • -
  • -

Further on evaluation

Written school examination of 5 hours in Inspera, BYOD. Permitted aids code C, Lovdata Pro (only laws and regulations).

The following simple calculators are approved:

Casio FX-82CW, Casio FC100 V2, Casio fx-82ES PLUS, and Casio fx-82EX Citizen SR-270X and Citizen SR-270X College Hewlett Packard HP30S Another calculator that is allowed: Casio FC-100V and Texas Instrument BAII Plus

Only regular exams in the ordinary exam period in autumn and spring, no re-sit exams.

The exams in the fall of 2024 and spring of 2025 will be based on the teaching, literature, including rules and standards referred to in the teaching in the fall of 2024."

Mandatory activities must be completed before you can sit for exam

Specific conditions

Admission to a programme of study is required:
Accounting and Auditing (MRR)

Required previous knowledge

None

Course materials

The syllabus is stated at the beginning of the semester.

More on the course

No

Facts

Version: 1
Credits:  7.5 SP
Study level: Second degree level

Coursework

Term no.: 1
Teaching semester:  AUTUMN 2024

Language of instruction: Norwegian

Location: Trondheim

Subject area(s)
  • Economics and Administration
  • Management Accounting and Control
Contact information
Course coordinator:

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 *
Autumn ORD School exam 100/100 C , LOVDATA INSPERA
Room Building Number of candidates
Spring ORD School exam 100/100 C , LOVDATA 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