Introduction
This course is part of the statutory curriculum for approval as a Norwegian Certified Accountant. The programme meets the requirements of the Certified Accountant Regulation of 8 February 1999 no. 196 (education requirements for certified accountants).
Course content
Accounting theory
- Focus on the user groups of company accounts and their need for accounting information and accounting regulation
- Norwegian and international accounting rules, development of international regulation and regulatory bodies
- Profit and loss versus balance orientation
- IFRS conceptual framework
- The theoretical basis for the Norwegian basic accounting principles and best accounting practice
In-depth knowledge in accounting
- In depth knowledge of valuation, measuring and accruals of the most basic items in the accounts as well as basic accounting principles
- Knowledge about the special regulations for small and micro companies
- Knowledge about the special regulations for ideal organizations
- Knowledge about the most basic differences between accounting and taxation
- Ability to produce annual accounts, including tax and year end disposals, for a limited company
- Knowledge about the regulation regarding notes to company accounts and Directors' report
- Ability to produce basic consolidated accounts