Accounting of International Operations

Major: International Business
Code of subject: 7.292.01.M.11
Credits: 3.00
Department: Management and International Business
Lecturer: Gnylianska Lesya Yosifivna Lakiza Victoriya Volodimirivna
Semester: 2 семестр
Mode of study: денна
Learning outcomes: 1 GLO4. Make informed decisions on the problems of international economic relations under uncertain conditions and requirements. GLO 5. Assess the complexity of tasks in planning activities and processing its results. GLO 9. Monitor, analyze, evaluate the activities of global firms (corporations, strategic alliances, consortia, unions, trusts, etc.) in order to identify their competitive positions and advantages in world markets. Kn 1. Conceptual knowledge acquired in the process of learning and / or professional activity at the level of the latest achievements, which are the basis for original thinking and innovation, in particular in the context of research. Kn 2. Critical comprehension of problems in education and / or professional activity and on the border of subject branches CОМ 1. Clear and unambiguous communication of own conclusions, as well as knowledge and explanations that substantiate them, to specialists and non-specialists, in particular to students. АіВ 1. Decision-making in complex and unpredictable conditions, which requires the application of new approaches and forecasting skills.
Required prior and related subjects: prerequisite: Financial Management; co-requisite: Business Planning of Export and Import Activities
Summary of the subject: General characteristics of the accounting of international operations. Organization of accounting of international operations. Accounting for foreign currency. Recordsofimportoperations. Accounting export operations. Accountingforbartertransactions. Accounting transactions processing. Accounting calculations with accountable individuals in foreign currency. Accounting relief. Accounting for equity capital in enterprises with foreign investments. Records of specific international operations
Assessment methods and criteria: Final control in the form of a differentiated test based on the evaluation of the following types of work: performance and assessing of laboratory work (30%), testing (50%), oral answer (20%).
Recommended books: 1. 1. Butynets FF etc. Accounting and analysis of foreign economic activity.-Zhytomyr: PE "Ruta", 2001. - 544p. 2. 2. Dupay MM, Denchuk PN, Pitel SV, Khomin P. Ya. Accounting and analysis of enterprises in the field of foreign economic relations. Teaching manual for students special "Accounting and Auditing" - Ternopil: Aston, 2003. - 200p .. 3. 3. Karpushenko M.Yu., Gordienko NO, Accounting for foreign economic activity: Textbook. manual (for students of economic specialties). Kharkiv: Stride, 2006. - 304 p. 4. 4. Pogorelova N. Accounting for humanitarian aid received by non-profit organization in foreign currency / N. Pogorelova [Electronic resource]. - Access mode: 5. 5. Beliza, N. (2015). Effect of Tax Aggressiveness, Level Earnings Persistence, and Corvorate Governance on Firm Value. P. 72–85.