ACC 610: IFRS Reporting and Capital Markets II

Contents
The lecture provides an advanced examination of selected topics under IFRS and their role in complex reporting environments. After introducing the relations­hip between accounting and political processes, we discuss the theoretical foundations of group accounting and extend this perspective to reporting challenges arising in M&A trans­actions. Further topics include leases, hedge accounting, provisions for employee benefits, and income taxes. The lecture emphasizes areas in which management judgment significantly affects financial reporting outcomes and performance metrics. Insights from practice support the assessment of the implications of accounting choices for corporate governance and capital-market-oriented financial analysis.

Learning outcomes
Students will understand the regulatory context of advanced IFRS requirements and their relevance for financial reporting. They will be familiar with the conceptual foundations of group accounting as well as the specific reporting challenges associated with M&A trans­actions. In addition, students will become familiar with selected advanced IFRS topics that pose significant challenges in practice. Students will develop the ability to evaluate how accounting choices and areas of management judgment influence financial statements, reporting quality, and the assessment of firms by capital-market participants.

Necessary prerequisites
At least one of the following courses ACC 510, ACC 520, ACC 530, ACC 540, ACC 560, ACC/MAN 560, ACC/TAX 570

Recommended prerequisites
Bachelor-knowledge of financial accounting

Examiner Performing lecturer

Prof. Dr. Jens Wüstemann Prof. Dr. Jens Wüstemann