Course authors and teachers:
SONG Yanheng

Beijing Foreign Studies University – China

Financial Reporting of European Countries

EURASIA Thematic Area: Business and Trade

Number of Credits: 2
Level: BA 


This new course was accredited and piloted as a core course on the Languages and Business Minor Programme taught in collaboration by the SELC and the International Business School. Its content was elaborated during the second long-term training round in Sofia, Bulgaria as well as via online consultations with specialists from the Faculty of Economics and Business Administration at Sofia University.

This introductory course in financial reporting is designed to provide students with an overview of the principles and concepts that underlie corporate financial statements and the reporting and economic consequences of accounting choices with a view to the specifics of EU member states.

Course AimsLearning OutcomesEnvisaged teaching methods and techniquesAccreditation Status
To provide an integrated framework for understanding how different transactions and events occurring in EU companies are impacting the financial information reported to external stakeholders as shareholders, creditors, customers, suppliers, governments and others.
Students will
• have developed the skills required to understand and interpret the information contained in financial statements and its use in decision-making rather than on the skills required to prepare financial statements
• have grasped the underlying accounting principles, the format and content of Balance Sheet, Income Statement and Statement of Cash Flows, and accounting for accounts receivable, inventories, capital assets, liabilities and stockholders’ equity with a view to the specifics of EU member states.
• group learning
• case studies