[Translate to English:] Institute for Accounting & Auditing

Kurs IV - Group Accounting (IFRS)


This course deals with the economic and technical fundamentals of consolidated financial statements and their accounting implications from the perspective of IFRS. The relevant accounting standards covered include

  • IFRS 3 (business combinations),

  • IFRS 10 (consolidated financial statements),

  • IFRS 11 (joint arrangements) and

  • IAS 28 (investments in associates and joint ventures).

Furthermore, topics such as disclosures in interests in other entities (IFRS 12), related party disclosures (IAS 24) or accounting for discontinued operations (IFRS 5) are discussed.

Learning Outcomes:

At the end of the course, students are able to assess the relevance of consolidated financial statements for corporate practice and the effects of business combinations on nonconsolidated as well as on consolidated financial statements.

Furthermore, they can draw up such consolidated financial statements by making the basic assessments required and performing the necessary calculations.

Finally, they are able to deal with the requirements of related accounting standards that are of special relevance for (international) groups.

Teaching Method:

The course consists of lectures, practical examples and discussions. The lectures are partly based on international textbooks and partly on the text of IFRS. Relevant chapters in the books and additional material will be announced and partly also provided throughout the course.

At the end of the course, students prepare case studies, as well as present and discuss them with partners from corporate practice. Further information on these business partnerships will be announced at the beginning of the course.