Familiarizing the student with the concept of long-term investments and the
difference between the different methods of accounting for them, introducing
the student to the preparation of consolidated statements, long-term and
short-term obligations, the rights of project owners, the accounting treatment
of their various items, accounting for errors in previous years and changes in
the application of accounting policies.
Intended learning outcomes
The student develops knowledge of the accounting treatment of investments
after their acquisition, understanding the process of preparing consolidated
financial statements, knowledge of procedures for dealing with types of short
and long-term liabilities, understanding the impact of correcting previous
years’ errors, and changes in applying accounting policies to the previous and
current periods.
Teaching and learning methods
Lectures, discussions, exercises, meals, research papers and exams
Methods of assessments
Participate, solve exercises and prepare papers during lectures
