Financial accounting : introduction to German GAAP with exercises / Robert Nothhelfer.

Format:

Book

Author/Creator:

Nothhelfer, Robert, 1969- author.

Language:

English

Subjects (All):

Accounting--Standards--Germany.

Accounting.

Accounting--Germany.

Physical Description:

1 online resource (422 p.)

Edition:

Second edition.

Place of Publication:

Berlin ; Boston : De Gruyter, 2022.

Language Note:

Includes English translation of German legal accounting rules (pages 265-375).

Summary:

Every German student of business administration needs to have a basic understanding of accounting according to German GAAP. Thanks to globalization, many courses in German accounting are nowadays conducted in English. In addition, many foreign subsidiaries of German companies have to prepare their part of consolidated financial statements according to German GAAP. So far students taking these accounting courses and professionals preparing these financial statements have had to rely on German literature only and did not have an English textbook to refer to that covers German GAAP accounting topics in detail. To fill this gap, the first edition of this book offered a compact introduction to financial statements according to German GAAP, and exercises on individual topics with solutions and case studies for in-depth and effective learning. The revised and extended second edition with updated references and text, adds a complete translation of the parts of the German Commercial Code that are directly relevant for accounting. Students and professionals can now go back to the original source when working out accounting problems. It provides ideal support for German-speaking students and is furthermore valuable for professionals looking for explanations when preparing the data for consolidated financial statements. Includes exercises and case studies for practice Ideal textbook for students of German universities attending English-speaking lectures in financial management Ideal introduction for professionals with succinct explanations and additional support in the form of a glossary and list of vocabulary terms

This book provides the only introduction to accounting according to German GAAP in English. This is helpful for students attending courses taught in English as well as for professionals in foreign subsidiaries of German companies. The 2nd edition provides a new translation of relevant parts of the German Commercial Code, updates the legal references and extends the exercises and case studies offered.

Contents:

Frontmatter

Preface to the First Edition

Preface to the Second Edition

Contents

Abbreviations

List of tables

List of figures

How to use this book

Part I: Financial statements according to German GAAP

1 Introduction to accounting

2 Introduction to German accounting

3 Financial statements according to commercial code

4 Consolidated financial statements

Part II: Exercises

5 Exercises on individual topics with solutions

6 Case studies

7 Solutions for case studies

Part III: Additional information

8 Translation of German legal accounting rules

9 Glossary

10 Vocabulary

Literature

About the author

Index

Notes:

Description based upon print version of record.

Description based on print version record.

Includes bibliographical references and index.

ISBN:

3-11-074417-1

OCLC:

1334344362