Accounting II

Vrije Universiteit Amsterdam

Course Description

  • Course Name

    Accounting II

  • Host University

    Vrije Universiteit Amsterdam

  • Location

    Amsterdam, The Netherlands

  • Area of Study


  • Language Level

    Taught In English

  • Course Level Recommendations


    ISA offers course level recommendations in an effort to facilitate the determination of course levels by credential evaluators.We advice each institution to have their own credentials evaluator make the final decision regrading course levels.

    Hours & Credits

  • ECTS Credits

  • Recommended U.S. Semester Credits
  • Recommended U.S. Quarter Units
  • Overview

    This course focuses on the use and analysis of accounting information. It conveys knowledge and skills about how specific financial and
    management accounting methods and techniques are used in practice, and how this information is used in decision-making processes both within and outside corporations. Specifically, after completing the course, you are able to:
    - use a commonly applied framework for analyzing and valuing companies;
    - explain much-used methods and techniques for decision-making, planning and control. You will apply this knowledge on the basis of case
    assignments and relevant examples (Bridging theory and practice – knowledge; Bridging theory and practice – application).
    - critically assess specific accounting information, particularly about functioning of an organization and parts thereof, and the role that
    this information plays in decision-making and management of companies (Broadening your horizon; Academic and Research skills).

    The knowledge that you gained in the first year of the BSc Economics and Business Economics, specifically Accounting I, will be broadened and deepened. While Accounting I introduced you to specific methods and techniques in accounting from a preparer’s perspective, Accounting II takes the perspective of a user of accounting information. After completing this course, you will thus be able to critically analyze and interpret accounting information.

    In accounting, one can broadly distinguish financial and management accounting. In financial accounting, the course emphasizes the
    perspective of financial statement analysis. This means that there will be a focus on financial statements, particularly how the different
    choices and decisions that are made when preparing these statements, and methods and techniques to analyze these choices. Specifically, after completing the course, you are able to:
    - identify and analyze an organization’s strategy;
    - analyze an organization’s financial accounting information;
    - conduct financial analysis;
    - conduct prospective analysis.

    In management accounting, the course reviews the most important methods and techniques in this area, such as cost allocation, the analysis of cost behavior for decision-making, budgeting, variance analysis, transfer pricing and performance measurement. This course makes intensive use of cases to practice and apply course contents.
    Specifically, after completing the course, you are able to:
    - explain the most important types of cost;
    - explain job-costing and process-costing systems and the relevant issues surrounding these systems;
    - explain the most important methods and techniques in the area of cost allocation and know how to apply these;
    - analyze cost and revenue behavior;
    - explain which information is relevant for different decision-making purposes;
    - explain the most important methods and techniques in the area of budgeting and know how to apply these;
    - analyze and interpret variances;
    - explain the most important methods in the area of transfer pricing;
    - explain the most important principles behind methods and techniques in the area of performance measurement.

    Accounting II builds on the knowledge gained in Accounting I, so it is highly recommended to have completed that course before taking
    Accounting II.


    Case assignments – Group assessment
    In-class quizzes – Individual assessment
    Written exam – Individual assessment

    Accounting I

Course Disclaimer

Courses and course hours of instruction are subject to change.

Some courses may require additional fees.


This site uses cookies to store information on your computer. Some are essential to make our site work; others help us improve the user experience. By using the site, you consent to the placement of these cookies.

Read our Privacy Policy to learn more.