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| Module code: DBWI-260 |
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6 |
| Academic Year: 3 |
| Mandatory course: yes |
Language of instruction:
German |
Assessment:
Graded exam (Duration 120 min., 100 pts.)
The exam will be written in the 4th semester (Block 4A) according to the examination schedule (Wirtschaftsingenieurwesen, Bachelor, ASPO October 1, 2021).
The exam will be written in the 6th semester (Block 6A) according to the examination schedule (Wirtschaftsingenieurwesen, Bachelor, ASPO October 1, 2022).
Prerequisites for receiving credits:
The achievement of at least 40 out of 100 points in the module exam.
The grade corresponds to the students performance in the module exam and is shown as a decimal grade according to the htw saar grading scheme.
[updated 08.04.2025]
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DBWI-260 (P740-0023) Industrial Engineering / Production Management, Bachelor, ASPO 01.10.2022
, study year 3, mandatory course
DBWI-260 (P740-0023) Industrial Engineering / Production Management, Bachelor, ASPO 01.10.2021
, study year 2, mandatory course
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The total student study time for this course is 180 hours.
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Recommended prerequisites (modules):
None.
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Recommended as prerequisite for:
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Module coordinator:
Prof. Dr. Jörg Henkes |
Lecturer: Prof. Dr. Jörg Henkes
[updated 24.01.2023]
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Learning outcomes:
The students will be familiar with the business accounting variables and be able to differentiate between them.
Students will have mastered the system of double-entry bookkeeping techniques. They will be able to post business transactions related to current business operations and to post a complete case from the opening balance sheet to the closing balance sheet. Students will be able to understand the interaction between the closing accounts and the calculations of the annual financial statements. They will be able to create a balance sheet and a profit and loss statement from the closing balance sheet and profit and loss account in accordance with legal requirements, and to use this as a basis to indirectly determine the operating cash flow.
Students will gain an overview of the legal requirements for the accounting and valuation of assets and liabilities. They will be familiar with the links between the commercial and the tax balance sheet. Students will be proficient in adjusting the net profit for the year in the commercial balance sheet to the taxable income for corporation income tax and trade income. They will be able to make simple balance sheet and off-balance sheet adjustments and additions and will have an overview of the effects on the commercial balance sheet in the form of the tax provisions to be calculated. Students will have gained an overview of the net all-phase value-added tax (VAT) system practiced in Germany, including input tax deduction. They will be familiar with the regulations regarding the taxability and tax liability of services, also in international goods traffic. They will also be familiar with the requirements for input tax deduction and will be able to carry out standard postings with VAT and input tax accounts.
[updated 08.04.2025]
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Module content:
Introduction
o Key provisions on external accounting
o Audit and disclosure requirements
Inventory, stocktaking and balance sheet
o Terms and definitions
o Balance sheet adjustments due to business transactions
o Effect of transactions on profit or loss
Accounting techniques
o Account, posting, posting record
o Opening and closing balances
o Profit and loss accounts
o Contributions and withdrawals in sole proprietorships and partnerships
VAT
o Basics
o Value Added Tax Posting
o VAT system
o Deposits/withdrawals and value added tax
Corporate income taxation: From the commercial balance sheet to taxable income and business income
o Corporate tax
o Trade tax
Connection between the commercial and tax balance sheets and the determination of the taxable income/trade income of a corporation
Accounting and valuation
o Eligibility for recognition in the financial statements
o Valuation in fixed and current assets: Procurement and manufacturing costs, distinction between maintenance and expansion, scheduled depreciation, unscheduled depreciation of fixed assets, write-ups of fixed assets, unscheduled depreciation and write-ups of current assets.
o Typical postings in the current assets of trading, industrial and service companies: Revenue, cost of goods sold (COGS) and materials used, valuation simplification methods, and inventory valuation methods (FIFO/LIFO)
o Accrued income and prepaid expenses
o Accounting and valuation of liabilities
o Provisions: categories, valuation of provisions in the commercial and tax balance sheets
Generally accepted accounting principles and principles of proper accounting
Cash flow statement
Financial report
Financial statement policy and analysis
[updated 08.04.2025]
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Teaching methods/Media:
Lectures: Lecture, demonstrations, question and impulse teaching, working on concrete problems in groups
[updated 08.04.2025]
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Recommended or required reading:
H. Bieg, H. Kußmaul: Externes Rechnungswesen; München; Oldenbourg
U. Döring, R. Buchholz: Buchhaltung und Jahresabschluss. Mit Aufgaben und Lösungen; Ber-lin; Erich Schmidt Verlag
G. Wöhe, H. Kußmaul, Heinz: Grundzüge der Buchführung und Bilanztechnik. Nach neuem HGB; München; Vahlen
M. Bornhofen: Steuerlehre I; Wiesbaden; Gabler
M. Bornhofen: Steuerlehre II; Wiesbaden; Gabler
H. Kußmaul: Betriebswirtschaftliche Steuerlehre; München; Oldenbourg
[updated 08.04.2025]
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