The consolidated accounts show an overall economic picture of a parent company and its subsidiaries, as if they constituted a single company. The consolidated accounts thus include the entire economic unit of which the management of the parent company has decision-making power.
The student must through the module obtain knowlegde about:
Knowledge of the purpose of the consolidated accounts.
Knowledge of the "sources of law" applicable in Denmark to the presentation of consolidated accounts.
Insight into the content of the theories/opinions/views on which consolidated accounts are based and the consequences of these for the consolidated accounts.
The student must through the module obtain skills in:
Describing the main differences between the rules of the Danish Financial Statements Act/Danish accounting standards and international accounting standards in connection with company amalgamations and subsequent consolidated accounts.
The student must through the module obtain competences to:
Preparing consolidated accounts on the day of the company amalgamation according to the acquisition method as well as the amalgamation method.
Preparing consolidated accounts at a later time than the amalgamation date based on reassessment, elimination and corrections of commonly occurring intra-group transactions.
|Name of exam||Elective – consolidated accounts|
|Type of exam|
|Assessment||7-point grading scale|
|Type of grading||Internal examination|
|Criteria of assessment||Module examinations are assessed according to the Danish 7-point grading scale. The grade 12 will be awarded to students who give an excellent performance and demonstrate that they have fulfilled the above objectives exhaustively or with few insignificant omissions. The grade 02 will be awarded to students who demonstrate that they have fulfilled the minimum acceptable level of the above learning objectives.|
|Danish title||Valgfrit - konsoliderede regnskaber|
|Language of instruction||Danish|
|Location of the lecture||Campus Aalborg|
|Responsible for the module|
|Study Board||Study Board of Business Economics|
|Department||Department of Business and Management|
|Faculty||The Faculty of Social Sciences|