AGRICULTURAL
UNIVERSITY OF ATHENS
Department of Agribusiness
& Supply Chain Management

5407 - Special Issues in Accounting

Content

  1. Repetition in the Financial Statements
  2. Greek General Accounting Plan
  3. Current liabilities (Accounts Receivable)
  4. Long-Term Liabilities (Accounts Payable)
  5. Assets Management - Impairment of assets
  6. Concept of Depreciation - Methods of calculation and accounting
  7. Concept of inventory - Inventory valuation methods -FIFO, LIFO
  8. Inventory Valuation Methods - WAC, Successive Balance Method
  9. Continuous and Periodic inventory system – Their Impact on financial statements
  10. Entries of Determining the Operating Income
  11. Entries of Determining the Net Income
  12. Final Trial Balance and preparation of creating financial statements
  13. Closing of the Accounting books
    A combination of teaching and learning methods will be used, aiming at the active participation of the students and the practical application of the thematic units under examination; there will also be lectures using audiovisual media, discussions, and analyses of case studies on real business issues, experiential (group) activities, as well as projections of relevant videos. The students will also undertake an individual or group project. Furthermore, articles, audiovisual lecture materials, web links/addresses, useful information, case studies and exercises for further practice are posted in digital form on the AUA Open e-Class platform.

Learning results

The aim of the course is:

Τhe course is a continuation of Accounting I and expand the material of Financial Accounting by examining additional elements of the financial statements within the framework of International Financial Reporting Standards (IFRS).

The aim is to continue the delivery to the student of the necessary knowledge and technical principles of financial accounting (within the IFRS), as well as the creation of the foundations for understanding the principles of Accounting Costs, Agricultural Investment Evaluation, Accounting and International Financing Reporting Standards and Financial Analysis of Agricultural Enterprises, both in theory and practice. The aim is also the understanding by the students of the Greek General Accounting Plan in order to lay the foundations for the use of Computerized Accounting Applications in the future.

Upon successful completion of the course, the student will be able to:

Analyzes the requirements of a problem and applies the theoretical knowledge gained in practice.

  • Knows the appropriate scientific terminology of Financial Accounting and Financial Analysis, as well as the relevant modern scientific methods and approaches.
  • Offers the appropriate solutions through the use of the most modern methods of Financial Accounting.
  • Makes the necessary accounting entries at all stages of the accounting circuit.
  • Makes the necessary accounting entries to determine the operating and Net Income
    Understands how to prepare financial statements
  • Understands how accounting assets, receivables and liabilities are accounted for
  • Understands the meaning of depreciation and Amortization, their different types of calculations in accordance with International Accounting Standards and the accounting treatment of their recording
  • Understands the meaning of inventories, their different types of valuation in accordance with International Accounting Standards as well as the accounting treatment of their recording
  • Understands the concepts of the accounts of the Hellenic General Accounting Plan (EGLS)

Bibliography

  • Κόντος Γ.,- «Χρηματοοικονομική Λογιστική», 2021, Εκδόσεις Διπλογραφία
  • Horngren's «Χρηματοοικονομική Λογιστική», 2017, Miller-Nobles, T. Mattison B. and Matsumura, Εκδόσεις Πασχαλίδη
    -Αρχές Χρηματοοικονομικής Λογιστικής-Ανάλυση και Λήψη Αποφάσεων, Βασιλείου Δ., Ηρειώτης Ν., Μπάλιος Δ., Εκδόσεις Rosili
    Related academic Journals:
    • Contemporary Accounting Research
    • International Journal of Accounting
    • Journal of Accounting and Economics
    • Journal of Accounting Research
    • Review of Accounting Studies
    • The Journal of Cost Accounting Research
    Instructor's Notes

Faculty

2262022569
kstoudas@aua.gr
Assistant Professor of Accounting / Financial Analysis in the Department of Agricultural Business Management […]

NEWSLETTER

The Department was created in 2019 (article 20, Law 4589/2019) and is an evolution of the Supply Systems Management Department (D.S.E.). Housed in a 770 sq.m. building. within a plot with a total area of 8,000 sq.m. in facilities with extensive research and teaching spaces.
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