International Accounting - IFRS I (5 cr)
Code: C-10056-ECO017AS3AE-3004
General information
- Enrollment
-
02.06.2025 - 15.08.2025
Registration for introductions has not started yet.
- Timing
-
18.08.2025 - 12.12.2025
The implementation has not yet started.
- Number of ECTS credits allocated
- 5 cr
- Local portion
- 5 cr
- Mode of delivery
- Blended learning
- Institution
- Haaga-Helia University of Applied Sciences, Pasilan toimipiste
- Teaching languages
- English
- Seats
- 0 - 5
- Course
- C-10056-ECO017AS3AE
Evaluation scale
H-5
Content scheduling
Students can take the course at their own pace, keeping in mind some deadlines. Course can be taken in 16 weeks but also in faster schedule. Pre-test deadline 30.9.2025. Topic related assignments: Topic 1: Brief into to IFRS. Framework and concepts. Topic 2: Consolidated financial statements. Topic 3: IFRS 15 Revenue recognition. Topic 4: IFRS 16 Leasing. Topic 5: IAS 36 Impairment testing. Topic 6: IFRS 9 Financial instruments Topic 7: IFRS S1 and S2 sustainability standards. Assignments /quizzes need to be submitted before taking the exam and latest by November 15th 2025. Exam 3.11.2025. Exam is moodle exam but student needs to install a proctoring software into his/her computer, student must have a camera on. Re-takes 17.11. and 1.12.
Objective
In this course you will learn the basics of IFRS - International Financial Reporting Standards, which is the way how publicly listed companies prepare their group financial statements in over 120 countries. Additionally, we will study how to apply in practise the most important standards which usually differ with local accounting legislation.
Execution methods
Online implementation with four online sessions and independent learning. RPL - if you already have knowledge on this topic, please email teacher. Work & Study - if you have a job where you can apply IFRS, please email teacher.
Accomplishment methods
Want to work in an international company's accounting department? If yes, this course is for you! In addition to preparing financial statements for individual companies according to local GAAP (generally accepted accounting principles) such as Finnish GAAP, international companies need to apply IFRS International Financial Reporting Standards. This way the financial statements of international companies are comparable with eachother no matter in wich country their headoffice is located. Come an learn the most importand standards in this course. Course is in English as it is the language mainly used in international companies. In case you have studied accounting in your own language so far - don't worry - you will learn the accounting vocabulary in English here.
Content
Planned implementation schedule, changes possible. Week 1: IFRS introduction Week 2: Consolidated financial statements Week 3: IFRS 15 Revenue recognition Week 4: IFRS 16 Leasing Week 5: IAS 36 Impairment testing Week 6: IFRS 9 Financial instruments Week 7: S1 and S2 Sustainability standards.
Materials
Will shown in Moodle learning platform.
Teaching methods
This is a virtual implementation where students are able to study independently and submit assignments and exams in given deadlines. The course runs for 16 weeks but there will be some deadlines for the assignments. PRE-TEST NEED TO BE SUCCESSFULLY SUBMITTED (50% correct) BY THE END OF AUGUST 2025 IN ORDER TO KEEP YOUR SEAT IN THIS COURSE! This is an advanced accounting course, thus you need to have needed basic accounting skills to enter this course.
Employer connections
Some assignments are based on real-life cases, and real IFRS financial statements are examined
Exam schedules
Virtual assignments/quizzes and a proctored exam. Pre-test DL 30.9.2025. Assignments /quizzes need to be submitted before taking the exam and latest by November 15th 2025. Exam 3.11.2025. Exam is moodle exam but student needs to install a proctoring software into his/her computer, student must have a camera on. Re-takes 17.11. and 1.12. No extensions to deadlines are given.
Pedagogic approaches and sustainable development
IFRS standards are for international organizations.
Completion alternatives
In case you have previous knowledge on the topic, you may RPL this course. Please contact course teachers for the RPL exam. Work and study, if you work in an international company's accounting, you might able to learn this course with WS method and at the end do the exam.
Student workload
7 smaller assignments and one final learning diary.
Qualifications
In order to take this course, you need to have prior knowledge on doing accounting and preparing financial statements, for ex you should have taken courses ECO002AS2AE Financial Accounting, ECO005AS2AE Financial Statements and Corporate Tax or ECO002AS2A Kirjanpito and ECO005AS2A Tilinpäätös ja yritysverotus or have similar knowledge. Course is challenging and there is a pretest to see that your accounting skills are good enough. Only students who pass the pretest (50% correct) can participate the course. Course requires a lot of work and ability to study independently as well.