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Understanding and using companies’ accounting reports - CANCELLED

Summer School of , 5 ECTS
Economics, commerce, management and accounting

Institution University of Southern Denmark (SDU)
Campus Odense
Tuition per term (Non-EU/EAA/CH) 538 EUR
Tuition per term (EU/EAA/CH) 320 EUR

The course will provide a basic understanding of accounting, the language of business, with an emphasis on the use of accounting information in a business setting. The course covers accounting knowledge that are fundamental for any managerial position. The course will focus on how companies’ accounting reports are prepared for internal and external users and students will learn how to interpret and analyze accounting information from a user’s perspective. The course is intended for students without any accounting background but with interests in business related subjects.

The course covers both financial and managerial accounting. The main emphasis will be: what accounting information is, how it is developed, how it is used and what does it mean. The key themes include: 
  • Fundamental accounting concepts and principles 
  • Interpretation of financial statements such as the income statement, the balance sheet and the cash flow statement
  • Basics of financial statement analysis
  • Cost Accounting and reporting 
  • Planning and control 
  • Costs for decision making

Demonstrate competences, such that the students are able to: 
  • Develop an awareness and understanding of the accounting process and fundamental accounting principles that underpin the development of financial statements.
  • Read and interpret the basic components of financial statements from a user’s perspective (i.e., the Income Statement, the Statement of Financial Position and the Statement of Cash Flows).
  • Utilize basic financial analysis to assess the financial performance and position of a company. 
  • Understand and apply accounting concepts to analyze common business management decisions such as pricing and outsourcing decisions from a financial perspective.
  • Understand how business decisions affect accounting statements and utilize accounting information to evaluate business related projects. 
Mandatory prerequisites: A student who has passed part 1 or part 2 of the courses “Regnskab” or “Accounting” and cannot substitute for (replace) the course “Budget and Management Accounting”. Also, a student, who has completed “Regnskab”, “Accounting” or “Budget and Management Accounting” cannot take this course.

Recommended prerequisites:
The course is intended for students focusing on nonbusiness programs, so no particular prerequisites are required. However, a certain level of understanding on business management is appreciated. 

Admission/Tuition: NOTE: Exchange students from a partner university pay no tuition. Guest students pay tuition fees. Please read more:

For Further Information: Information from the Danish Agency for Higher Education can be located at You will find information about the Danish assessment of foreign qualifications in Guide to diploma recognition. About the Educational System in general, visit the section The Danish Higher Education System.

Summer 2020

Application date
Jun 01
Start date
Aug 03



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