Energy Business FT
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Introduction to Accounting

level of course unit


Learning outcomes of course unit

Graduates are able to identify and apply the fundamentals and concepts of external and internal accounting as well as identify fundamentals and concepts of balance and P/L, create and analyze cost calculations and income statements (full-cost accounting and direct costing) and classify the controlling instruments of planning, reporting and the deviation analysis within the process model of an energy-management company.

prerequisites and co-requisites


course contents

Students learn about basic concepts, tasks and goals of accounting and finance.
Emphasis is on the fundamentals of external accounting (balance: tasks, structure and profit and loss statement and the correlation between balance and P/L) and the fundamentals of internal accounting (tasks related to cost
accounting, cost-type accounting, cost-center accounting, cost-unit accounting, contribution-margin accounting).
The controlling instruments of planning, reporting and the deviation analysis are depicted in their position in the business-related process. Special questions related to financing and controlling are taken up and examined based on the business reports of energy-management companies.

recommended or required reading

Wagenhofer A.: Bilanzierung und Bilanzanlayse, 12. Auflage, Linde Verlag, 2015
Coenenberg A. G.; Fischer T. M.; Günter T.: Kostenrechung und Kostenanalyse, 9. Auflage, Schäfer Poeschel Verlag, 2016
Friedl G.; Hofmann C.; Pedell B.: Kostenrechung, 3. Auflage, Vahlen Verlag, 2017

assessment methods and criteria

Written examination, study-accompanying performance

language of instruction


number of ECTS credits allocated


planned learning activities and teaching methods

Integrative course

semester/trimester when the course unit is delivered


name of lecturer(s)


year of study


recommended optional program components

Not specified

course unit code


type of course unit

Compulsory lecture

mode of delivery

Integrative course

work placement(s)

Not applicable