Technische Hochschule Deggendorf

What happens when there is a change in accounting policies? What do we have to do with our financial statements? What if we make errors and recognise it in a period later?

What is an asset held for sale? What are the differences between PPE (property, plant and equipment) and non-current assets held for sale? How do we recognize and measure assets held for sale? How do we presents the sale of assets held for sale in the financial statements? What are disposal groups and discontinued operations?

What is impairment of assets and why do we need it? What is a cash generating unit (CGU)? What is the recoverable amount and how do we calculate it? How do we present impairment losses or gains in the financial statements?

Explanation of intangible assets, what they are and what goodwill is

How do we write down PPE in our financials statements, how do we recognise it, how do we calculate depreciation, etc.

Short explanation of the differences between IFRS, IAS, and US-GAAP

Measuring risk and measuring the losses and gains of investments

Basic formulas to calculate the time value of money And explaining cash flows

This document summarises and explains the most important ratios to do a financial analysis

* Detailed discussion of the topics along with illustrations * Bolded definitions * Questions that might appear in the exams * Relevant linear programming codes and their explanation