Accounting II
Code: ACC201
Semester:B
Instructor: D. Balios, N. Iriotis
Aims and Objectives
This course is divided in two sections. First it provides the necessary advanced accounting applied methods. In the first section we focus on the theoretical framework of financial accounting and the analysis of Assets, Liabilities and Shareholders’ equity. All the previous topics are delivered in accordance with the Greek Accounting Standards and the International Accounting Standards. In the second section, we focus on financial statement analysis and refer to trend, horizontal, vertical and ratio analysis..
Course outline
The course is comprised by two sections:
First section
The theoretical framework of financial accounting
- Analysis of accounting principles
Types of inventory
Analysis of inventories, record and post inventory
Last-In-Last-Out and First-In-First-Out
Calculate the Gross Profit of the accounting period using cost of goods sold
Types of fixed assets
Analysis, record and post fixed assets
Depreciation – Methods of depreciation
Fixed assets’ valuation
Types of securities
Analysis, record and post securities
Securities’ valuation
Current assets’ accounts
Analysis, record and post current assets
Accounts of shareholders’ equity
Analysis, record and post shareholders’ equity accounts
Long and short run liabilities
Analysis, record and post liabilities on local and foreign currency
Second section
Financial Statements Analysis: Special issues
- Tools and techniques of financial statement analysis
- Ratio analysis
- Liquidity ratios
- Activity ratios
- Profitability ratios
- Financial structure and viability ratios
- Investment ratios
Textbooks
D. Vasiliou, N. Eriotis and D. Balios, “Principles of Financial Accounting-Financial statement analysis and decision making”, Rosili, 2019, in Greek.
D. Vasiliou, N. Eriotis and D. Balios, “Advanced Financial Accounting”, Rosili, 2016, in Greek.
