Duration
30h Th, 15h Pr
Number of credits
Lecturer
Language(s) of instruction
French language
Organisation and examination
Teaching in the first semester, review in January
Schedule
Units courses prerequisite and corequisite
Prerequisite or corequisite units are presented within each program
Learning unit contents
* The company * Balance sheets and results : expression of capital and of its evolution. * Basic principles of double-entry accountancy. * Current transactions : lifecycle. * Inventory activities : calculation of stock value, depreciation, value reduction, risks and charges provisions, expenses and revenue clawback. * Closing transactions * Long-term transactions : investment cycle * Specific transactions
Learning outcomes of the learning unit
Through annual accounts, accountancy projects a financial image of the company, the accuracy of which ever remains relative and can only be assessed against evaluation rules and the economic partners' information needs.
By the end of the course, the students will be able to:
- identify the underlying principles of a specific situation;
- enter supporting documents relating to current transactions;
- fill in synthesis documents (balance, balance sheet, profit and loss accounts, appendices etc.);
In addition, those students taking the double Law-Management programme will be able to:
- use a software programme to enter supporting documents.
Prerequisite knowledge and skills
Planned learning activities and teaching methods
The theory is explained and illustrated by the teacher in addition to which exercice sessions are organized.
The students taking the double Law-Management master must carry out a group project consisting in entering accounting documents by means of an accountancy software programme.
Mode of delivery (face to face, distance learning, hybrid learning)
Face-to-face teaching
The course is subdivided in modules given as lectures; it relies on PPT presentations and is illustrated by examples and concrete applications drawing on business life.
The didactic supports are as follows:
- a course reader;
- a portfolio with most PPT presentations projected in classs;
- an exercice manual.
Those students taking the double Law-management programme receive a file of supporting document so as to carry out their group work project.
Organisational adjustments related to the current health context
Recommended or required readings
- F. MAILLARD et E. WATZEEL, "Guide des comptes", Edition Standaard, 2012.
- FISCHER C., "La règlementation sur les comptes annuels et le plan comptable", Chambre d'Economie et de Droit des Affaires, Bruxelles (Tomes mis à jour).
- CAPODICI G. et NIESSEN W., "Comprenez votre comptable", Editions de la CCI, 2001.
- ANTOINE J., "Comptabilité, cours programmé avec tests et leur corrigé", De Boeck, Université.
- Les éditions de PACIOLI, http ://www.ipcf.be
Assessment methods and criteria
Below you will find information on the evaluation methods planned for in-person and remote exams as well as those planned for hybrid sessions. Depending on how the health crisis evolves, the chosen method will be communicated to you no later than one month before the start of the exam session.
a written exam in January
a re-take oral exam is organized for students who obtained between 7/20 and 9/20.
The students enrolled in the Law-Management programme are also evaluated on the basis of their group work project and its oral defence.