Corporate Financial Reporting (MRR210)
Accounting is widely recognized as the language of business, and this course aims to equip you with the advanced knowledge and skills needed to master this language for a deeper understanding of business operations. To achieve this, the course integrates advanced topics in both accounting and auditing. In the accounting component, the focus is on developing your expertise in applying and analysing IFRS standards and the underlying theoretical framework necessary for preparing complex financial statements such as those for group entities. The auditing component is designed to provide you with an in-depth knowledge and high-level skills required to fulfil the responsibilities of a professional auditor, in accordance with relevant legislation and international standards.
Course description for study year 2025-2026. Please note that changes may occur.
Course code
MRR210
Version
1
Credits (ECTS)
10
Semester tution start
Spring
Number of semesters
1
Exam semester
Spring
Language of instruction
English, Norwegian
Content
This comprehensive course is designed for aspiring professionals seeking to excel in the areas of advanced financial reporting and auditing with a focus on the most critical and high-stakes elements of modern business environments. Tailored for graduates, professionals, and advanced students, the course delves into complex group accounting, fraud detection, forensic auditing, and cutting-edge digital tools that are transforming the financial landscape.
Students will explore advanced topics such as the preparation and analyses of consolidated financial statements, audit of multinational corporations, fraud detection in financial statements, and the critical role auditors play in preventing money laundering and other financial crimes. The course will also expose students to state-of-the-art digital tools that are revolutionizing the auditing profession, giving students the practical knowledge to enhance audit quality and effectiveness.
Whether you are preparing to work as a Chief Finance Officer (CFO) of large international firms, advancing your career as an auditor, or deepening your expertise in financial crime investigations, this course offers you the cutting-edge knowledge and skills required to thrive in a fast-paced, technology-driven, and highly regulated financial environment.
Learning outcome
Knowledge
Upon completion of this course, students will have knowledge of:
- How to prepare and analyse group financial statements.
- Specialised entities and evaluation of specialised accounting transactions.
- Common types of financial fraud, errors in reporting, and advanced techniques for detecting and addressing such issues.
- Emerging state-of-the-art digital auditing tools and the potential impact on audit quality.
Skills
Upon completion of this course, students will be able to:
- Prepare, analyse, and evaluate consolidated financial statements.
- Analyze and assess specialised entities and specialised accounting transactions.
- Audit complex group financial statements, including consolidation, intercompany eliminations, and multinational operations.
- Use digital auditing tools to enhance audit processes and prevent financial fraud and financial misstatements.
Required prerequisite knowledge
Recommended prerequisites
Prior knowledge acquired in other accounting and auditing courses offered in the study program.
Financial accounting at master's level.
Exam
| Form of assessment | Weight | Duration | Marks | Aid |
|---|---|---|---|---|
| Written exam | 1/1 | 4 Hours | Letter grades | Alle ikke-digitale hjelpemidler er tillatt, Lovdata, Valid calculator, |