Key words
General and Corporation Bookkeeping III, IWETO code S192 Bookkeeping Sciences
Objectives
- Thorough knowledge of the Belgian bookkeeping law
- Discuss the applicable IAS/IFRS standards in Belgian, in order to give the student insight in the annual statement account drawn up in compliance with these standards
- Student has to be able to analyse, outline and interpret these standards independently
- Student has to learn how to work independently and accurately with current software packages of the general bookkeeping
- Being able to use the know-how of different divisions of education in an integrated case study that is exceeding the discipline
Topics
- Legislation concerning the bookkeeping and annual statement account of enterprises, detailed discussion of bookkeeping fundamentals and rules of appreciation
- International standards of bookkeeping (IAS/IFRS)
- Fundamental principles and introduction of the annual state
- Ment account in compliance with IAS/IFRS
- Range of application
- Presentation of standards and rules of appreciation
- Differences with the Belgian rules of bookkeeping
- Practical examples and exercises - Bookkeeping packages: start up a file, daily actions, monthly centralizations, closing off of a financial year (also corrections) and transfers to a following financial year
- Case studies in which different disciplines are used
Prerequisites
Fulfil the final competencies of General and Corporation Bookkeeping II
Final Objectives
Knowledge
Job-related (specific):- Accountancy Law
- Bookkeeping procedures and techniques
- Knowledge of the system of accounts
- Knowledge of the international bookkeeping standards
- Knowledge of the sources that contain bookkeeping, legal, social and economic data
- Knowledge of the professional fiscal, social, economic, legal and bookkeeping literature
- Knowledge of the evolutions in own fields of study
- Knowledge of the statutory documents
- Knowledge of the information carriers necessary to make up the statutory documents
- Knowledge of specific bookkeeping packages on the PC and of the possibilities of the programs
- Knowledge of the technical terminology
- Also see content
Skills
General:- Thinking and reasoning power
- Updating knowledge
- Consulting sources
- Acquiring and assimilating information
Job-related (general):- Judging the offered knowledge (being critical)
- Being able to analyse documents
- Managing numerical data
- Being able to interpret and apply job-related guidelines
- Being able to think logically
- Being able to apply packages of information technology (most recent ones concerning the profession)
Job-related (specific):- Inform and give bookkeeping and fiscal advice to clients
- Follow the quickly evolving laws concerning accounting, taxability and tax law and check if they are correct, complete and up-to-date
- Translate rather formal texts of laws into ready-to-use information
- Trace, list and collect all sources that contain bookkeeping data in an effective and efficient manner
- Check whether the collected information and documents are correct, complete and up-to-date; indicate bottlenecks and bring in supplements. Try to gain improvements where necessary.
- Collect, register and file job-related data
- Collect the pieces of justification dealing with the period of reporting in an effective and efficient manner
- Collect data in order to be able to make up the statutory documents and fill these in in compliance with the legal terms
- Insight in the organisation of the bookkeeping office or the enterprise
- Have a thorough command of the legal bookkeeping
- Have a thorough command of and follow the bookkeeping law (standards IAS/IFRS included)
- Evaluate and apply bookkeeping on the computer
- Apply packages of information technology that are job-related
- Being able to deal with information in the field of economy, law and bookkeeping
- Arrange and follow a practical administration and keep up a practical system of filing
- Keep up the financial administration: invoicing, wages and other staff expenses, accounts of suppliers, …
- Administer the cashbox
Attitudes
General:
Job-related (general):- Tidiness and neatness
- Result-oriented
- Work systematically
Job-related (specific):- Have adjusted to lifelong learning
- Withstand pressure of work
- Evaluating own possibilities where the boarders of competence or knowledge are exceeded
- Being able to apply the attained knowledge concerning general and corporation bookkeeping, analytical bookkeeping, social legislation (calculation of wage and administration), VAT, tax and law of partnership in a case study that exceeds one discipline and also being able to recognize the links between them.
Materials used
::Click here for additional information::
Handbook or syllabus
Specific accounting-software manual
Scenario: case study
Study costs
Handbook: market price
Syllabus, scenario case study: current cost price, determined under Hogeschool rules
Study guidance
When there are problems individual counselling is made possible.
Steering and coaching of students during the sessions guided self-study
Teaching Methods
Interactive discussions, followed by exercises.
The subject matter is presented by means of exercises. These are first prepared individually and later on corrected in class.T
hrough interactive discussions and individual exercises on the computer students learn how to deal with the software.
Through guided self-study the teacher will coach you in the case study and adjust where necessary.
Assessment
First exam session:- Written exam on legislation of bookkeeping and IAS/IFRS
- Continuous evaluation on packages of bookkeeping
- Continuous evaluation on the case study
Second exam session:- Written exam on legislation of bookkeeping and IAS/IFRS
- Written exam with performance on the computer on packages of bookkeeping
- Written exam on the case study
Students only enrolled for taking the exams:
First exam session:- Written exam on legislation of bookkeeping and IAS/IFRS
- Written exam with performance on the computer on packages of bookkeeping
- Written exam on the case study
Second exam session:- Written exam on legislation of bookkeeping and IAS/IFRS
- Written exam with performance on the computer on packages of bookkeeping
- Written exam on the case study
Students who have not passed in the first exam session, but got a score of at least 10 on 20 for one of the parts, are not obliged to redo this part in the second exam session of the same year. They, however, have to take the exam on the parts where they had less than 10 on 20, if they do not do this they are listed as being absent for the whole course.
Lecturer(s)
|
|
