Integrated Reporting
Course Description
Integrated reporting is one of the latest profound global developments in corporate reporting which has the potential to considerably change managerial and external accounting practices.
- In a first part, the master course Integrated Reporting (lecture and tutorial) makes students familiar with the key concepts of this new reporting format which seeks to provide a more holistic view on a firm’s value creation than classical financial reporting and/or stand-alone sustainability reporting. The students gain deeper insights in the challenges of non-financial reporting and how to consider non-financial firm characteristics in corporate and stakeholder decision-making.
- In a second part of the course Integrated Reporting, the participants become familiar with the regulations of the framework developed by the International Integrated Reporting Council (IIRC) which is the de facto global standard setter in the field of integrated reporting.
Agenda of the Course
The course Integrated Reporting consists of the following chapters:
- Chapter 1: Corporate reporting environment
- Chapter 2: Value(s) and valuation
- Chapter 3: Economics of integrated reporting
- Chapter 4: Framework of the IIRC
- Chapter 5: Case studies
- Chapter 6: Exam preparation
Integration in the Module Financial Accounting
The course Integrated Reporting is included in the master module Financial Accounting which is offered by the Professorship of Empirical Accounting of the Area Accounting and Taxation. The module deals with a comprehensive set of issues in the field of corporate financial and non-financial reporting which likewise includes advanced reporting challenges (e.g., international reporting on derivatives and hedges) and insights into the most important global trends in corporate reporting (e.g., integrated reporting). The module Financial Accounting consists of the following three courses that focus on three particularly important facets of corporate reporting:
- Part I: International Accounting
- Part II: Accounting Analysis
- Part III: Integrated Reporting
Key Facts, Admission, and Examination
- The entire course (incl., all course materials) is conducted in English.
- Incoming students are warmly welcome to this course. Please closely follow the instructions of the incoming student office to register for this course and the final written exam (typically, these are two different steps).
- Registration for the final exam only via KLIPS.
- No limitation of the number of participants.
- The course ends with a final written exam of 30 minutes which is included in the 60 minutes exam of the module Financial Accounting.
- The exams of prior cohorts of students are available for all participants of the course.