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Introduction to Accounting

level of course unit


Learning outcomes of course unit

External accounting:

The students
- Know the fundamentals of mapping business decisions
in the accounting system.
- Know and understand the basic concepts and subareas of accounting.
- Understand the technique and internal structure of double-entry bookkeeping.
Can assess the structure of an accounting system and the characteristics of different types of accounts.
- Can make simple business postings to balance sheet and profit and loss accounts and create posting records.
- Recognize the significant effects of business transactions on the balance sheet and income statement.

Internal accounting:

The students
- Are familiar with the tasks and solutions of cost and revenue accounting with its subsystems (cost element, cost center and cost unit accounting).
- Can differentiate between the terms payments - disbursements, income - expenses, revenue - outlay
- Can describe the organizational structure of a cost accounting system and explain its main features.
- Know the systems of cost accounting (partial and full cost accounting).

prerequisites and co-requisites

Courses of the previous semester successfully completed.

course contents

External accounting:
- Structure of the accounting system
- Fundamentals of operational accounting: Tasks, sub-areas and basic concepts
- Commercial accounting system: From inventory to opening balance sheet
- Double-entry accounting system: Posting business cases to inventory and profit and loss accounts
- Organization of bookkeeping (chart of accounts, sales tax, etc.)
- Principle of period purity and accruals and deferrals

Internal accounting:
- Objectives and basic concepts of cost and revenue accounting
- Fundamentals of cost and revenue accounting: Tasks, components and subareas
- Structure of cost accounting (cost elements, cost centers, cost objects)
- Contribution margin accounting

recommended or required reading

Buchholz, L./ Gerhards, R. (2016): Internes Rechnungswesen, Kosten- und
Leistungsrechnung, Betriebsstatistik und Planungsrechnung
Deimel, K./ Erdmann, G./ Isemann, R./ Müller, S. (2017): Kostenrechnung, Das
Lehrbuch für Bachelor, Master und Praktiker
Geirhofer, S./ Hebrank, C. (2016): Grundlagen Buchhaltung und Bilanzmanagement,
4, Aufl.
Coenenberg, A.G./ Haller, A./ Et. Al. (2018): Einführung in das Rechnungswesen:
Grundlagen der Buchführung und Bilanzierung, 7. Aufl.
Wedell, H./ Dilling, A.A. (2018): Grundlagen des Rechnungswesens, 16. Aufl.
Breidenbach, K., & Währisch, M. (2017): Buchhaltung und Jahresabschluss, 4. Aufl.
Schmidt, M., Auer, B., & Schmidt, P. (2012): Buchführung und Bilanzierung: Eine
anwendungsorientierte Einführung

assessment methods and criteria

final exam

language of instruction


number of ECTS credits allocated


eLearning quota in percent


course-hours-per-week (chw)


planned learning activities and teaching methods

Lecture, group work, presentation and discussion of tasks

semester/trimester when the course unit is delivered


name of lecturer(s)

Prof. (FH) Karsten Böhm

year of study


recommended optional program components


course unit code


type of course unit

integrated lecture

mode of delivery


work placement(s)

not applicable