Methodological Competence
- Reproduce the instruments and techniques of financial statements analysis and international financial reporting.
- Understand the responsibilities and methodologies of financial statements analysis, as well as the meaning of subject-specific modes of expression and can reconstruct the underlying situation using the instruments of financial statements analysis and international financial reporting.
- Compile annual statements (structural balances, structured profit, and loss statements) and on this basis- and relevant to the objectives and the available set of data - apply the right instruments for financial statement analysis.
- Can utilize IFRS standards correctly and can compile a (simple) consolidated financial statement based on given questions.
- Analyze concrete end of year statements, by assessing single indicators as well as systems of indicators, comparing them to values of former years or values of peers; they draw the right conclusions.
- Develop proposals for solutions in the case of upcoming problems in the context of equity or debt structure, as well as the income situation of the company being analyzed.
- Evaluate and assess their own work based on subsequent, jointly compiled or given solutions.