Finance and accounting for law experts

Prerequisits:
Fundamentals of business law and mathematics

Content :

• Legal bases of business, public and personal finances
• Balance sheet law of financial statements
• Legal and professional aspects of economic categories
• Financial law in business and public administration
• International Accounting Standards
• Documents and other evidence from finance and accounting
• Ethics in finance and accounting
• Selected topics: bankruptcy, compulsory settlement, forensic investigation, audit, banking, valuation of companies and real estate

Readings:

Required readings:

• Slovenski računovodski standardi. Knjižna izdaja SRS s spremembami 2019. 2019. Slovenski inštitut za revizijo, Ljubljana
• Zakon o gospodarskih družbah. 2016.
• Koželj Stanko, Dolinšek Tatjana: Računovodski in finančni vidiki poslovanja podjetja. 2011. FKPV, Celje.
• Zapiski s predavanj.

Recommended readings:

• On-line priročnik Računovodstvo po MSRP v praksi. (2017).Dashöfer Holding, Ltd. & Verlag Dashöfer, založba, d.o.o.
• IASB: International Financial Reporting Standards, 2017.
• IASB: IFRIC Interpretations, 2017
• Lončar Mitja: Računovodsko in finančno poslovanje. 2009. Leila d.oo.

Objectives and competences:

Students will developgeneral competences:

• Ability and encouragement to take into account ethical values, socially responsible thinking and a critical attitude towards social events in decisions, regardless of the subject and level of decision-making.
• Initiative and independence in decision-making.
• Expanding the general legal horizon in the field of elective subjects, which provide a broader view, which is extremely important for the establishment of quality decision-making.

Students will develop specifical competences:

• Ability to combine knowledge from different fields (interdisciplinarity)
• Ability to use legal bases and evidence from finance and accounting in the work of a lawyer
• In-depth knowledge of the chosen topic and its application in practice
• Additional knowledge in the field of finance and accounting and related topics (bankruptcy, forensic investigation, audit, valuation, banking ().

Intended learning outcomes:
After successfully completing the obligations, the student will be able to:

1. identify the legal bases of business, public and personal finances
2. interpret the balance sheet law of financial statements
3. analyze economic categories
4. argue financial law in business and public administration
5. identify key content from International Accounting Standards
6. interpret documents and other evidence from finance and accounting
7. identify ethical decisions in finance and accounting
8. connect law and selected topics such as bankruptcy, compulsory settlement, forensic investigation, audit, banking, valuation of companies and real estate

Learning and teaching methods:

• Frontal form of teaching
• Work in small groups or. in pairs
• Independent work of students
• Case study
• Online teaching methods

Assessment:

• 50% ongoing student work
• 50% online open book written exam

Lecturer's references:

• VUCKOVIC, Mladen, BOBEK, Vito, MAČEK, Anita, SKOKO, Hazbo, HORVAT, Tatjana. Business environment and foreign direct investments : the case of selected European emerging economies. Ekonomska istraživanja. 2020, vol. 33, no. 1, str. 243-266. ISSN 1331-677X. DOI: /10.1080/1331677X.2019.1710228.
• HORVAT, Tatjana, ŽVORC, Bernardka, SKOKO, Hazbo. Impact of school management on legally adequate content of a budget plan : the evidence from Slovenia. Ekonomska istraživanja. 2019, vol. 32, iss. 1, str. 3502-3518. ISSN 1331-677X. DOI: 10.1080/1331677X.2019.1666022.
• HORVAT, Tatjana, GABER SIVKA, Nataša, BOBEK, Vito. The impact of institutional and political factors on timely adoption of local communitiy budgets. V: BOBEK, Vito (ur.). Smart urban development. London, UK: IntechOpen, 2020. Str. 17-29. ISBN 978-1-78985-041-3.
• HORVAT, Tatjana, KRECENBAHER, Edvarda, BOBEK, Vito. Position of a bank within legal framework for financial restructuring of companies in Slovenia, Croatia and Austria. International journal of diplomacy and economy. 2019, vol. 5, no. 2, str. 177-188. ISSN 2049-0887. DOI: 10.1504/IJDIPE.2019.10028463.
• HORVAT, Tatjana, ČANDER, Darko. The influence of audit and hospital council on financial statements' results in Slovenian hospitals. Management. summer 2019, vol. 14, iss. 2, str. 137-149, 166. ISSN 1854-4231
• HORVAT, Tatjana, MILOST, Franko. Internal audit in the financing of companies. V: RIŽNAR, Igor (ur.), KAVČIČ, Klemen (ur.). Connecting higher education institutions with small and medium-sized enterprises. Koper: University of Primorska Press, 2017. Str. 95-115. Monograph series. ISBN 978-961-7023-45-9, ISBN 978-961-7023-46-6
• HORVAT, Tatjana, MOJZER, Jožica. Influence of company size on accounting information for decision-making of management. Naše gospodarstvo : revija za aktualna gospodarska vprašanja. [Tiskana izd.]. 2019, vol. 65, no. 2, str. 11-20. ISSN 0547-3101.
• HORVAT, Tatjana, LIPIČNIK, Martin. Internal audits of frauds in accounting statements of a construction company. Strategic management. 2016, vol. 21, no. 4, str. 29-36. ISSN 2334-6191. http://www.ef.uns.ac.rs/sm/archive/SM2016_4.pdf.