Accounting of International Operations

Major: International Business
Code of subject: 7.292.01.M.011
Credits: 3.00
Department: Management and International Business
Lecturer: Gnylianska Lesya Yosifivna Lakiza Victoriya Volodimirivna
Semester: 2 семестр
Mode of study: денна
Learning outcomes: GLO 4. 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. CОМ 1. Clear and unambiguous providing of own conclusions, as well as knowledge and explanations that substantiate them, to specialists and non-specialists, in particular to students. А&R 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. Christopher L. Bach A Guide to the U.S. International Transactions Accounts and the U.S. International Investment Position Accounts. A Guide to the U.S. International Accounts. 2011. р.33-51. 2. Manachynska Y. Management of the business entity in a crisis on the basis of actuarial accounting and internal control. Economic efficiency of business in the conditions of 40 unstable economy: [collective monograph]. United States of America : Aspekt Publishing, Taunton, MA, 2015. – P. 153-157 3. Nazarova K., Gordopolov V., Neskhodovskyi I. Transformation of audit in Ukraine. Ukrainian economy growth imperatives: 31 monograph / A. Mazaraki, S. Melnicheiiko, G. Duginets et al.; edited by Anatolii A. Mazaraki. Prague : Coretex CZ SE, 2018. 310 p. 4. Schwab, K. The Global Enabling Trade Report 2016, World Economic Forum, Geneva. Retrieved form http://www3.weforum.org/docs/WEF_GETR_2016_report.pdf. 5. Beliza, N. Effect of Tax Aggressiveness, Level Earnings Persistence, and Corvorate Governance on Firm Value., 2015 -222р. 6. Bourdeaux C. , Pathak R. , Wallace S. State Tax Measures and Revenue Growth through and Post-Crisis. Proceedings. Annual Conference on Taxation and Minutes of the Annual Meeting of the National Tax Association. Vol. 109 (2016), pp. 1-21. 7.Dulyaba NI, Lakiza VV, Dalik VP Modeling of accounting and analytical management of economic activity of trade enterprises [Electronic resource] // Economic analysis: a collection of scientific papers. - 2021. - V. 31, № 3.