Financial Accounting and Reporting and its Digital Context

Please note that this course will be held together with BLC. You have the same textbook as BLC, and the course will therefore be based onchapters 1-13 from your textbook. This means that "Digitalization of Financial Accounting" will not be covered specifically.

Financial Accounting and Reporting is a rather broad subject which requires the student to be know several different methods and approaches. Many students receive a poor grade due to lack of practice and experience in using these methods at practical problems. This is exactly the focus of this course. The intensive course is based on your specific syllabus and all assignments (prepared by ASPIRI) are made on the basis of earlier exams which will provide you with the optimal exam preparation.

Topics covered include:

• Double-entry bookkeeping (T-accounts and journal entries)

• Income measurement & Accrual accounting

• Statement of Cash Flows

• Assets and depreciation methods

• Accounts Receivable & bad debt

• Inventories & costing methods (COGS).

• Stockholders' Equity & dividends

• Financial Statement Analysis

At the ASPIRI course we will systematize your syllabus and cover both the basics and the more advanced parts of the syllabus. In addition to this you will be given pointers and tips for the examination. The ASPIRI teacher will make it clear what to include in your paper as well as go through reflective comments that will assist you to achieve a top grade.