Learning Outcomes
The aim of the course is to introduce students to international accounting standardization and the international accounting environment. International Accounting Standards are the modern approach to accounting, which creates a new framework and new requirements for businesses and professionals.

Upon successful completion of the course the student will be able to:
• know the 'Conceptual Framework' adopted by the International Financial Reporting Standards Board and how new accounting standards are adopted
• deepen into accounting methodologies and accounting practices adopted in accordance with International Financial Reporting Standards
• know and understand key differences in the structure, presentation and valuation of accounts between the Financial Statements prepared in accordance with International Financial Reporting Standards and other financial statements
• analyse and understand the impact on accounting information from the use of alternative accounting practices and methodologies applied in accordance with International Financial Reporting Standards in relation to other accounting frameworks

General Competences
Adapting to new situations
Decision-making
Working independently
Teamwork
Working in an international environment
Working in an interdisciplinary environment
Production of new research ideas Teamwork
Project planning and management
Respect for difference and multiculturalism
Respect for the natural environment
Showing social, professional, and ethical responsibility and sensitivity to gender issues
Criticism and self-criticism
Production of free, creative and inductive thinking