ACC 626: Transaction Accounting
Contents
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/
Recommended prerequisites
–
| Forms of teaching and learning | Contact hours | Independent study time |
|---|---|---|
| Lecture | 2 SWS | 9 SWS |
| ECTS credits | 4 |
| Graded | yes |
| Workload | 120h |
| Language | German |
| Form of assessment | Written exam (45 min) |
| Restricted admission | no |
| Further information | – |
Examiner Performing lecturer |  | WP StB Prof. Dr. Peter Wollmert WP StB Prof. Dr. Peter Wollmert |
| Frequency of offering | Spring semester |
| Duration of module | 1 semester |
| Range of application | M.Sc. MMM, M.Sc. Bus. Edu., M.Sc. Econ., M.Sc. Bus. Inf., LL.M. |
| Preliminary course work | – |
| Program-specific Competency Goals | CG 1 |
| Course outline | The 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 |