Consolidated and Special Balance Sheets
Instructor: Јелена Пољашевић, PhD, Full Professor
The goal of the subject is to enable students to prepare consolidated financial statements, analyze the consolidated financial statements and present to management information necessary for making strategic business decisions. The purpose of studying this subject is training of students for the preparation of special balance sheets.
| Code : | 2О14РКСБ |
|---|---|
| Status: | C |
| Semestar: | 10th |
| Number of classes per week: | 2+2 |
| ЕECTS: | 5 |
| Teachers: |
Јелена Пољашевић,
PhD Full Professor |
| Prerequisites: | |
| Learning Outcomes (gained knowledge): | Student will be able to understand the circumstances which require preparation and presentation of consolidated and special balance sheets, the importance of information presented in these balance sheets for the users of these information (investors, banks, government, business partners, etc.), to master the theoretical assumptions and techniques of preparation of the consolidated and special balance sheets and knowledge required to read and analyze information presented in them, i.e. making relevant conclusions based on such information. |
| Subject Contents: | Goal, assumptions and principles of consolidation of financial statements; The circle of consolidation; Elimination of mutual transactions; Transfer prices; IAS/IFRS that are relevant for consolidation; Preparation of consolidated financial statements; Goals and types of special balance sheets; Balance of establishment; Balance of fusion; Settlement balance; Balance of changes in legal form; Balance of bankruptcy and balance of reorganization; Liquidation balance; Reconciliations balance; Tax balance. |
| Teaching Methods and Learning Activities: | Through interactive lectures, students will gain knowledge and understanding, while the ability to analyze and solve problems will be achieved by working in groups; discussions and case studies organized during the exercises. |
| Literature: | Škarić, К.; Spasić, D. (2012). Special Balance Sheets. Belgrade: Faculty of Economics; International Financial Reporting Standards; Scientific and professional papers published in conference proceedings and journals of the Association of Accountants and Auditors of Serbia and the Association of Accountants and Auditors of the Republic of Srpska. |
| Types of Assessment for the subject: | Colloquium I (0-20 points); Colloquium II (0-20 points); Final exam (0-50 points); Attendance (2point); Class activities (seminar papers, discussions, case studies) (0-8 points) |
| Special Remarks for the subject: |