Corporate Accounting

General

• Code: 552
• Semester: 5th
• Study Level: Undergraduate
• Course type: Special Background
• Teaching and exams language: Greek
• Teaching Methods (Hours/Week): Lectures and Practice work (3)
• ECTS Units: 6
• Course homepage: https://elearning.cm.ihu.gr/course/view.php?id=742
• Instructors: Kyriakou Maria

Course Contents

1. About companies in general
2. The accounting of the General Partnership (GP).
3. The GP establishment, distribution of profits/loss and partner relations.
4. Increase-decrease capital of the GP
5. The liquidation solution of GP.
6. The accounting of the Limited Liability Company (LLC).
7. Records of the LLC formation and operation.
8. The LLC liquidation solution.
9. The start of the Limited Liability Company (LLC) start.
10. The operation of the LLC company. The Liquidation solution.
11. The Public Limited Company (SA) from a legal point of view.
12. The accounting of the SA. Establishment, increase-decrease of the SA capital.
13. The liquidation solution of the SA.
14. Module revision

Educational Goals

The module enhances the students’ knowledge on the use of the Accounting plan by individual companies, in companies of various legal forms. The aim is to recognize the particularity of personal and share capital companies and to distinguish the accounting types of partners and the relationships between them and between them and the business and also third parties. Students are encouraged to apply and adapt the transactions and accounting to any type of company.

Upon successful completion of the course, the students will be able to:

• Recognize the role of partners in each type of company and to determine the obligations and requirements of each partner, depending on the type of their partnership with the company,
• Distinguish the differences and similarities of sole proprietorships as well as personal and capital proprietorships,
• Examine the development of the assets of the partners in combination with that of the company,
• Develop accounting applications for recording internal and financial transactions.
• Suggest ways of depicting the relationships of the partnerships.
• Compare the accounting examples of different companies and their importance.

General Skills

• Independent work.
• Adapting to new situations.
• Decision making.
• Production of free, creative and inductive thinking.

Teaching Methods

• In the classroom, face to face.

Use of ICT means

• Basic software (windows, word, power point, the web, etc.).
• Support of learning process through the electronic platform / e-class.

Teaching Organization

Students Evaluation

Written final exams (60%) that may include:

• Judgemental questions.
• Short answer questions.
• Application exercises.
• True/False and multiple choice questions.
• Composite theoratical questions.

In each question, corresponding evaluation points are specified.
Optional assignment (Essay writing and presentation) corresponds to 40% of the final grade.

Recommended Bibliography

1. Λογιστική Εταιριών και Φορολογία Εισοδήματος, Καραγιώργος Θεοφάνης, 2016, Εκδόσεις Αφοί Θ. Καραγιώργου Ο.Ε., Θεσσαλονίκη, ISBN: 978-618-82147-2-9.
2. Νομοθεσία και Λογιστική Εταιριών, Βελέντζας Ιωάννης, Καρτάλης Νικόλαος, 2018, Εκδόσεις Επιστημονικό – Ερευνητικό Κέντρο Εκπαιδευτικών / Ερευνητικών Υπηρεσιών και Μελετών ΑΜΚΕ, Θεσσαλονίκη, ISBN: 978-618-83370-5-3.

Related Research Journals

Accounting Review, Abacus, Accounting Forum, Accounting and Business Research, Review of Accounting Studies, Journal of Business Finance and Accounting, Accounting Horizons, British Accounting Review, European Accounting Review, International Journal of Accounting, κ.ά.