The aim of this course is to improve the student's level of knowledge on International Financial Reporting Standards (IFRS) by analyzing the structure of standards related to financial assets, stocks, tangible and intangible assets, short and long term debts.

1. Students will identify various forms of businesses under control. 2. Students will explain the interaction between the parties in a business combination. 3. Students will define and apply different methods of consolidation. 4. Students will apply and evaluate transactions in foreign currency. 5. Students will explain the differences between solo financial statements and consolidated statements.