Study location	Netherlands, Maastricht
Type	Summer Courses, full-time
Nominal duration	1 week (2 ECTS)
Study language	English
Course code	ACC1010

Tuition fee	€499 one-time

Entry qualification	Enrolled as an Undergraduate student or Undergraduate diploma The entry qualification documents are accepted in the following languages: English. Often you can get a suitable transcript from your school. If this is not the case, you will need official translations along with verified copies of the original.

Language requirements	English The language of the course is English, so we expect a fluent level and the ability to follow and participate in class.

More information	maastrichtsummerschool.nl

Overview

This course will teach you how to record business transactions following double entry system and how to prepare financial statements—income statements and Balance Sheets similar to the ones reported by famous corporations such as Apple, Google, Microsoft available in www.finance.yahoo.com

After completing this course, students will be able to:
- understand basic accounting principles and book-keeping techniques to record financial transactions
- prepare T-accounts and Trial Balances
- prepare Income Statement and Balance Sheet following IFRS
- perform simple analysis on the financial statements to know the strengths and weaknesses of a firm from the perspectives of managers, shareholders, and bankers

After finishing this course, you will never have problems in determining debits & credits and understanding financial statements of big corporations such as Microsoft, Google, Apple, McDonalds etc.

Who should attend this course?
This course is suitable for:
• Current students of business studies at any level: Bachelors and Masters
• Start-ups and new entrepreneurs who are already managing, or planning to open, a business
• Current and potential investors in stock markets
• Students who have already studied accounting but who would like to refresh their knowledge

Apart from short lectures, we will follow problem based learning (PBL) to make learning sessions interesting, enjoyable, and effective. We will emphasize on “learning by doing“ and working in groups and practicing with problems.

Prerequisites
None

Recommended Literature
No textbook is required to buy. As a reference, the course will use Weygandt, Kimmel and Kieso: Financial Accounting IFRS Ed. By Wiley.

Teaching methods
PBL (problem-based-learning).

Assessment methods
Class Participation; Quiz; in-class tests; homework; group work (presentation).