Aims

This course evaluates the following learning outcomes:

The student

1.1 Analyses accounting-related operational problems and issues, with special attention to the business context.

1.2 Formulates, based on sound knowledge of and insights in relevant financial reporting requirements, a (legally) conclusive solution for accounting-related operational problems and issues in a specific business context. 

2.1 Analyses accounting-related problems and issues taking into consideration relevant stakeholders (managers, shareholders, creditors, legislators, etc.) and environmental factors.

2.3 Formulates, based on sound knowledge of and insights in relevant regulation, a (legally) conclusive solution for accounting-related operational problems and issues, taking into consideration relevant stakeholders and environmental factors. 

4.1 Keeps up with societal, international and organisational developments and formulates a well-motivated argument regarding the relevance of these developments in terms of the organisation's internal and external financial reporting.

4.2 Reflects critically upon the implementation of relevant societal, international and organisational developments in the organisation's internal and external financial reporting, taking into consideration regulation and the specific business context.

7.5Is critical and not afraid to question himself/herself and his/her environment.

10.1 Keeps up with recent trends in accounting-related themes, considering practitioner-oriented, policy-oriented, legal and scientific datasources.

10.2 Integrates practitioner-oriented, policy-oriented, legal and scientific information on specific accounting-related themes and formulates a well-motivated argument regarding the relevance of a specific theme for the organisation.

10.3 Reflects critically upon the implementation of important evolutions and innovations in internal and external financial reporting within the organisation, taking into consideration regulation and the specific business context.

11.1 Is aware of the rapidly evolving knowledge society that he/she will enter and therefore understands the need for maintenance and improvement of acquired knowledge, skills and competences and acquisition of new knowledge, skills and competences.

Previous knowledge

This course requires knowledge of the principles of accounting, double entry bookkeeping and company law..

This knowledge is provided in the following courses provided at the Brussels campus of KU Leuven:

- (Financial) Accounting in Bachelor BA/HW

- Corporate Law and Accounting in Bachelor HW

- Internal and External Financial Reporting in the bridging program BA/HW

Identical courses

This course is identical to the following courses:
HMH01F : IFRS and Group Accounting (No longer offered this academic year)

Is included in these courses of study

• Master in de handelswetenschappen (dag + avond, programma voor studenten gestart vóór 2024-2025) (Brussel) (Specialisatie accountancy en audit (avond)) 60 ects.
• Master in de handelswetenschappen (dag + avond, programma voor studenten gestart vóór 2024-2025) (Brussel) (Specialisatie accounting, auditing en controle (dag)) 60 ects.
• Master in de handelswetenschappen (dag + avond, programma voor studenten gestart vóór 2024-2025) (Brussel) (Specialisatie algemeen management (avond)) 60 ects.
• Master of Business Administration (Brussels) (Track Strategic Accounting and Management) 60 ects.
• Courses for Exchange Students Faculty of Economics and Business (Brussels)
• Master in de handelswetenschappen (programma voor studenten gestart in 2024-2025 of later) (Brussel) (Specialisatie accountancy en audit (avond)) 60 ects.
• Master in de handelswetenschappen (programma voor studenten gestart in 2024-2025 of later) (Brussel) (Specialisatie algemeen management (avond)) 60 ects.