ACC 626: Transaction Accounting

no offering in spring

Topics of transaction accounting are discussed and illustrated by using case studies. The course is specifically aimed at students with a basic knowledge of financial and transactional accounting, who want to deepen their knowledge of selected, practice-oriented issues. Six main topics will be covered in-depth: definition of transaction accounting, economic motivation for transactions, private law basics for M&A, transaction accounting under IFRS, carve out transactions, link between financial and tax accounting in an M&A context.

Learning outcomes
Students receive an overview of accounting aspects of M&A. They will also gain a systematic understanding of all relevant questions and issues in preparing and managing transactions.

Necessary prerequisites
ACC 510 or ACC 520 or ACC 530 or ACC 540 or ACC/TAX 550 or ACC 560

Recommended prerequisites

Forms of teaching and learningContact hoursIndependent study time
Lecture2 SWS9 SWS
ECTS credits4
Graded yes
Form of assessmentWritten exam (45 min)
Restricted admissionno
Further information
Performing lecturer
WP StB Prof. Dr. Peter Wollmert
WP StB Prof. Dr. Peter Wollmert
Frequency of offeringSpring semester
Duration of module 1 semester
Range of applicationM.Sc. MMM, M.Sc. Bus. Edu., M.Sc. Econ., M.Sc. Bus. Inf., LL.M.
Preliminary course work
Program-specific Competency GoalsCG 1
Course outlineThe Term „Transaction Accounting“
Share Price Agreements
Transformation Law and Financial Accounting of Transformations under the German Commercial Code
Accounting for Business Combinations in IFRS Consolidated Financial Statements
Financial Accounting Requirements and Conduct of Purchase Price Allocations
Combined and Carve-Out Financial Statements as well as Pro-Forma Financial Information
Design of Employee Compensation Schemes and their Accounting