Ver. 1/TK
Curriculum Fall 2021:
Eksternt Årsregnskab/Financial Accounting
Literature
HHTTS: W.T. Harrison, C.T. Horngren, C.W. Thomas, W. M. Tietz, and T. Suwardy, 2017: Financial Accounting:
International Financial Reporting Standards, 11th Global edition, Pearson.
Additional material on Brightspace (Add.):
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A: Note on Chart of accounts
B: Schematic Balance Sheet
C: Value Added Tax (VAT)
D: Non-current assets note
E: Income Statement by Nature and
Function
F: The contents of financial statements,
EU-directives and regulation
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G: Revenue Recognition and Percentageof-completion method
H: Depreciation Methods
I: Deferred Tax
J: Group Accounting Illustrative example
K: Additional assignments for tutorials
L: Additional assignments for study cafés
M: HHTTS-Appendix B (from Pearsons
homepage)
The course consists of Lectures (L), Tutorials (T), Study Cafés (C), and Online resources
Week Lesson
36
37
38
39
40
Subject
Literature/Assignments
L1
Conceptual Framework and Financial
Statements
HHTTS ch. 1 + Add. A
L2
Recording business transactions
HHTTS ch. 2 + Add. A
T1
Intro, Financial Statements, Conceptual Framework
Add. K Exercise 1; Add. M PC-1+2a+5; HHTTS
E1-21A+22A, P1-56A, Ethical Issue 1.1
Online
Accounting Equation and Vocabulary
13 assignments
L3
Recording business transactions, Schematic
Balance Sheet, VAT
Add. A + B + C
L4
Accrual Accounting
HHTTS ch. 3
T2
Recording business transactions, Schematic
Balance Sheet, VAT
Add. K Exercise 2; HHTTS Decision Case 2.2,
P2-72B, E3-37B
Online
T-accounts
10 assignments
L5
Preparation of Financial Statements
HHTTS, ch. 4 + Add. D
L6
Presentation of Financial Statements – BS, P/L and
CF Statements
HHTTS, ch. 4 + Add. A + E + F
T3
Accrual Accounting and Preparation of Financial
Statements
Add. K Exercise 3; HHTTS E3-41B
Online
Trial balance and T-accounts
10 assignments
C7-8
Study Café No. 1
Add. L, Study Café No. 1
T4
Accrual Accounting and Preparation of Financial
Statements
Add. K Exercise 4; HHTTS Decision Case 3.2
L9
Income Recognition and Percentage-ofCompletion method
Add. G
L10
Cash and Receivables
HHTTS, ch. 5 (pp. 255-280 can be skipped)
T5
Percentage-of-Completion method
Add. K Exercise 5; HHTTS E3-34B, Ethical Issue
3.2
Online
Revenue, Cash and Receivables
11 assignments
Page 1 of 2
41
42
43
44
45
46
47
48
49
50
L11
Inventory and Merchandizing Operations
HHTTS, ch. 6
L12
The Statement of Cash Flows and Shareholders’
Equity
HHTTS, ch. 10 + 11 (pp. 568-582 can be
skipped)
T6
Cash, Receivables and Inventory
Add. K Exercise 6+7
Online
Inventory and Cash Flow Statement
11 assignments
C13-14
Study Café No. 2
Add. L, Study Café No. 2
T7
First home assignment with individual feedback –
deadline Friday week 42 (=22/10)
Add. K Exercise 8; HHTTS Decision Case
5.3+6.1, Ethical Issue 3.1+11.1
L15
PPE and intangibles
HHTTS, ch. 7 + Add. H
L16
PPE and intangibles
HHTTS, ch. 7 + Add. H
T8
The Statement of Cash Flows and Shareholders’
Equity
Feedback, Add. K Exercise 9; HHTTS Decision
Case 11.1+11.2
Online
PPE and Depreciation
11 assignments
L17
Liabilities
HHTTS, ch. 9
L18
Liabilities
HHTTS, ch. 9 + Add. M
T9
PPE and intangibles
Add. K Exercise 10; HHTTS P7-66A, Decision
Case 7.1
Online
Liabilities
10 assignments
C19-20
Study Café No. 3
Add. L, Study Café No. 3
T10
Liabilities
Add. K Exercise 11+12
L21
Financial Statement Analysis and Leasing
HHTTS, ch. 12 + ch. 9 (p. 530-535)
L22
Deferred tax
Add. I
T11
Liabilities, Leasing, and Financial Statement
Analysis
Add. K Exercise 13; HHTTS Ethical Issue 9.1,
Decision Case 12.1+12.3
Online
Financial Statement Analysis
8 assignments
C23-24
Study Café No. 4
Add. L, Study Café No. 4
T12
Leasing and deferred tax
Add. K Exercise 14+15
L25
Group Accounting
HHTTS, ch. 8 + Add. J
L26
Group Accounting
HHTTS, ch. 8 + Add. J
T13
Group Accounting
Add. K Exercise 16+17
Online
Group Accounting
10 assignments
C27
Study Café No. 5
Add. L, Study Café No. 5
T14
Second home assignment with individual feedback
- deadline Friday week 49 (=10/12)
Available on BB Friday week 48 (=3/12)
L28
Follow-up and Exam Training
T15
Preparation of Financial Statements and misc.
Page 2 of 2
Feedback and exam prep, Add. K Exercise
18