Objectives

1. Learn accounting treatment and valuation principles for the operations related to major events that occur during a company life and the economic, legal and taxation aspects of these events.

2. Learn the usefulness of financial information in general and the main standards of Swiss GAAP FER and how to apply them.

Contents

Part 1. Financial accounting related to major events during a company life

Accounting treatment, as well as economic, legal and tax aspects, for major events over a firm life:

- foundation

- growth (capital increase need of capital, consortium activities, gbranches, subsidiaries, valuation of controlling interests)

-distribution of the capital (dividend, capital reduction, loans)

- restructuration (transformation, wealth transfer, merger and acquisitions, spinoffs, dismembering, rehabilitation, liquidation)

Part 2. Financial information

- importance of financial information for a company and the stakeholders (stakeholders)

- main standards under Swiss GAAP FER

References

B. Apothéloz, A. Stettler, V. Dousse, M. Dong, Maitriser l'information comptable, volume 2, EPFL Press, Lausanne, 2020.

Pre-requisites

Followed already the financial accounting courses at the first and 2nd year at HEC.

Evaluation

First attempt

Exam:

Written 3 hours

Documentation:

Allowed

Calculator:

Allowed

Evaluation:

All documentation authorized.

The terms of the examination may change depending on the evolution of the health situation related to Covid-19.

Retake

Exam:

Written 3 hours

Documentation:

Allowed

Calculator:

Allowed

Evaluation:

Final exam: same modalities as those of the examination of the ordinary session (see above)

The terms of the examination may change depending on the evolution of the health situation related to Covid-19.