Anne-Mie Reheul (anne-mie.reheul@kuleuven.be)
Description: Anne-Mie Reheul (anne-mie.reheulkuleuven.be) anne-mie.reheulkuleuven.be ACCOUNTING TRACK Financial reporting PREPARERS USERS Financial reporting PREPARERS: accounting regulation IFRS and group accounting group accounting: consolidation
Related Topics
Download Presentation
"Anne-Mie Reheul (anne-mie.reheul@kuleuven.be)" is the property of its rightful owner. Permission is granted to download and print the materials on this website for personal, non-commercial use only, and to display it on your personal computer provided you do not modify the materials and that you retain all copyright notices contained in the materials. By downloading content from our website, you accept the terms of this agreement.
Presentation Transcript
slide1. Anne-Mie Reheul
(anne-mie.reheul@kuleuven.be)
anne-mie.reheul@kuleuven.be ACCOUNTING TRACK<br>
slide2. Financial reporting PREPARERS USERS<br>
slide3. Financial reporting PREPARERS:
accounting regulation<br>
slide4. IFRS and group accounting
group accounting: consolidation techniques
IFRS (IAS 2, 11, 12, 16, 18-21, 23-24, 27-29, 31-40,
IFRS 3, 5, 7)
comparison of the most important international accounting
standards (IFRS - US GAAP – European law) B.Kegels
Certified external
auditor BDO<br>
slide5. Financial reporting External and internal USERS<br>
slide6. Advanced financial statement analysis
General framework and methods for firm valuation
Application in different settings
(IPO, credit analysis, mergers and acquisitions).
Academic articles related to the analysis of FS:
importance of FS quality,
earnings quality,
audit quality, … Users Prof. dr. I. Simac dr. W. Creemers<br>
slide7. Management Control and Cost Management
Use of the accounting system by internal managers to:
support decision-making (pricing decisions, product-mix decisions, …)
control managers (budgeting, financial performance indicators, …)
- achieve cost reductions Users Prof. dr. A. Hoppe<br>
slide8. Program overview<br>
slide9. Master thesis Research questions about:
window-dressing of financial statements
Auditor choice, audit quality
Financial performance
Financial management: capital structure, cash policy, cost structure
…
Determinants such as: auditor characteristics (Big4/NonBig4, sector expertise)
CEO/CFO characteristics (educational background, tenure, …)
law and regulation (e.g. EU audit regulation)
governance (composition of the board of directors)
Data collection via databases available @ KU Leuven<br>
slide10. Accounting track NOT: bookkeeping
BUT: financial reporting in a broader perspective<br>
slide11. Required prior knowledge Financial accounting
Financial statement analysis
Management Accounting
(Basics company law)<br>
slide12. Career options Consulting firms (KPMG, E&Y, Deloitte, …)
Companies
Finance department: - head of financial reporting
- controlling: preparing budgets
managerial performance evaluation
Other departments: - financial calculations
Bank sector
Credit analysis
Public sector (NBB, EU)
Study departments
Independent consultant<br>
slide13. Career options Accounting profiles are very much wanted on the job market!
Financial reporting is legally required
Wide sector of service providers in the accounting domain
Good understanding of accounting numbers is a valuable skill for managers/leaders of any type of business/business unit
In Belgium: accounting profiles in top 10 of bottleneck professions<br>
slide14. Further questions? anne-mie.reheul@kuleuven.be<br>
(anne-mie.reheul@kuleuven.be)
anne-mie.reheul@kuleuven.be ACCOUNTING TRACK<br>
slide2. Financial reporting PREPARERS USERS<br>
slide3. Financial reporting PREPARERS:
accounting regulation<br>
slide4. IFRS and group accounting
group accounting: consolidation techniques
IFRS (IAS 2, 11, 12, 16, 18-21, 23-24, 27-29, 31-40,
IFRS 3, 5, 7)
comparison of the most important international accounting
standards (IFRS - US GAAP – European law) B.Kegels
Certified external
auditor BDO<br>
slide5. Financial reporting External and internal USERS<br>
slide6. Advanced financial statement analysis
General framework and methods for firm valuation
Application in different settings
(IPO, credit analysis, mergers and acquisitions).
Academic articles related to the analysis of FS:
importance of FS quality,
earnings quality,
audit quality, … Users Prof. dr. I. Simac dr. W. Creemers<br>
slide7. Management Control and Cost Management
Use of the accounting system by internal managers to:
support decision-making (pricing decisions, product-mix decisions, …)
control managers (budgeting, financial performance indicators, …)
- achieve cost reductions Users Prof. dr. A. Hoppe<br>
slide8. Program overview<br>
slide9. Master thesis Research questions about:
window-dressing of financial statements
Auditor choice, audit quality
Financial performance
Financial management: capital structure, cash policy, cost structure
…
Determinants such as: auditor characteristics (Big4/NonBig4, sector expertise)
CEO/CFO characteristics (educational background, tenure, …)
law and regulation (e.g. EU audit regulation)
governance (composition of the board of directors)
Data collection via databases available @ KU Leuven<br>
slide10. Accounting track NOT: bookkeeping
BUT: financial reporting in a broader perspective<br>
slide11. Required prior knowledge Financial accounting
Financial statement analysis
Management Accounting
(Basics company law)<br>
slide12. Career options Consulting firms (KPMG, E&Y, Deloitte, …)
Companies
Finance department: - head of financial reporting
- controlling: preparing budgets
managerial performance evaluation
Other departments: - financial calculations
Bank sector
Credit analysis
Public sector (NBB, EU)
Study departments
Independent consultant<br>
slide13. Career options Accounting profiles are very much wanted on the job market!
Financial reporting is legally required
Wide sector of service providers in the accounting domain
Good understanding of accounting numbers is a valuable skill for managers/leaders of any type of business/business unit
In Belgium: accounting profiles in top 10 of bottleneck professions<br>
slide14. Further questions? anne-mie.reheul@kuleuven.be<br>