Tax Management

The course deals with the following topics:

1. The double-entry accounting system
   1. Function
   2. Structure
   3. The double-entry profit calculation
   4. The account
   5. Accounting records
   6. Current entries
2. Civil law basics of accounting
   1. Civil law
   2. Corporate law
   3. Corporate law, legal forms
      1. Advantages and disadvantages of individual legal forms
      2. Sole proprietorship
      3. Partnership: general partnership, limited partnership
      4. Corporation: limited liability company
3. Legal framework of accounting
   1. Legal basis
   2. Accounting under company law
   3. Tax accounting obligation
   4. Overview and summary
   5. Principles of proper accounting
   6. Document organization
   7. Books of double-entry accounting
   8. Permanent records
   9. Accounting guidelines
   10. Reconciliation work
   11. Internal control system and quality control
4. Basic principles of income-expenditure accounting
   1. Introduction
   2. Record keeping requirements
   3. EAR versus accounting
   4. The inflow-outflow principle

• The graduates - can define and explain the provisions on accounting obligations of corporate law (M1)

• - are able to describe and classify the legal basis of individual provisions of civil and corporate law relevant to accounting, e.g. acquisition of property, contract, company register, legal forms (M1)

• - are able to describe the basic technical terms related to accounting and financial statements (inventory and income statement, accounts, use and source of funds) and can argue conclusively why balance sheet totals must be equal (M1, 2)

• - Are able to successfully perform the accounting of common business transactions (incoming/outgoing invoices, cash, current expenses), simple monthly accounting using industry-specific case studies and explain and clarify any inconsistencies (M4).

• - can explain document processing and archiving and its importance (M2, 4)

• Lecture with exercises
• Case studies from practice
• Discussions and group work
• Self-study

Module exam

The course deals with the following topics:

1. Basic principles of value added tax
   1. Legal basis
   2. Systematic view
   3. Taxable - non-taxable sales
   4. Tax-exempt sales (tax exemptions)
   5. Tax rates
   6. Input tax deduction
   7. The sales tax accounts
   8. Posting of simple purchases and sales of goods
   9. Posting of invoice clearing
   10. Posting of discounts and rebates
   11. Tax base
   12. Invoice characteristics
   13. Preliminary declaration, advance payment, assessment
   14. Posting of simple documents
2. Basics of income tax
   1. Legal basis
   2. Systematic view
   3. Personal tax liability or tax subject
   4. Material tax liability or tax object
   5. Business income: Business income and expenses, non-deductible expenses iSd§20
   6. Non-business income
   7. Collection of income tax: wage tax, capital gains tax

• The graduates - can describe the system of income taxation as well as the individual types of profit determination and can compare, delimit and analyze their essential differences (M1)

• - can define the basic features of the sales tax system (M1)

• - can distinguish between taxable and non-taxable, taxable and non-taxable sales and present the respective specifics argumentatively (M1)

• - can check invoices with regard to their formal correctness and properly process or revise corresponding case studies (M1)

• - can name and explain the basic requirements for the deduction of input tax (M1)

• Lecture with exercises
• Case studies from practice
• Discussions and group work
• Self-study

Module exam

The course addresses the following topics:

1. The Harvard concept in negotiations
2. Chain of argumentation (5-sentence method)
3. Conflict diagnosis and management
4. Nonviolent communication
5. Targeted use of body language

• The graduates - reflect on their communication behavior in simple and difficult conversation situations (M4)

• - are able to ask specific and clearly formulated questions (M1, 4)

• - can recognize signs of impending conflicts, develop conflict strategies and set appropriate interventions (M4)

• - can formulate, argue and represent subject-related positions and solutions to problems in a goal-oriented manner (M1)

• - are able to present themselves convincingly and embody their competence authentically (M4)

• Exercises
• Case studies from practice
• Self-study

Module exam

The course deals with the following topics:

1. Sales tax and booking of goods movements and other services, 
   1. Origin of tax liability, down payments, partial invoices, etc. in connection with construction and construction-related trades
   2. Incorrect and unauthorized tax reporting
   3. Input tax deduction, input tax adjustment, input tax refund
   4. Trade in goods with EU member states and third countries
   5. Obligation to keep records and accounting records
   6. Other services, reverse charge system
   7. Transfer of tax liability, special case of construction services
   8. Series and triangular transactions
   9. Recapitulative statements and other reporting obligations

• The graduates - can identify and explain factual and personal tax exemptions (M1, 2)

• - can identify and describe special features with regard to import and export or intra-Community acquisition and delivery (M1, 2)

• - can outline and explain the VAT treatment in the case of chain and triangular transactions and the reverse charge system (M1, 2)

• - can define the taxation methods (debit and actual taxation) and their specifics and apply the specifics of taxation for down payments made or received (M1, 2, 3)

• - can properly prepare and execute an advance return for sales tax and the recapitulative statement (M3)

• Lecture with exercises
• Case studies from practice
• Discussions and group work
• Self-study

Module exam

The course deals with the following topics:

Accounting of current and special business cases with reference to double-entry bookkeeping or income-expenditure accounting as well as surplus accounting, incl. foreign currency conversions in double-entry bookkeeping

• Maintenance and production expenses
• Wage and salary posting
• Posting of GSVG contributions
• Travel expense reimbursements
• Advertising and representation expenses
• Special forms of invoice clearing
• Bank loans
• Taxes and other charges
• Asset additions and disposals
• Posting of original documents

• The graduates - are able to properly prepare current monthly entries on the basis of double-entry bookkeeping (M1, 2, 3, 4)

• - can explain and distinguish between the specifics of imports and exports, intra-Community deliveries and acquisitions, other services with foreign content, incidental acquisition costs, additions to fixed assets, deposits and withdrawals, maintenance expenses, credit and debit card payments, Paypal and the Amazon merchant account, and post them accordingly (M1, 2, 3, 4)

• - can outline and explain the tax treatment of advertising and entertainment expenses and can apply this knowledge accordingly (M1, 2, 3)

• - are able to correctly account for advance payments made and received (M1, 2, 3, 4)

• - are able to apply the most important communication techniques in discussions with clients and to reflect on themselves in stressful situations and to act in a solution-oriented manner (M1, 2, 3, 4)

• Lecture with exercises
• Case studies from practice
• Discussions and group work
• Self-study

Module exam

The course deals with the following topics:

Posting of current business transactions in the income-expenditure account as well as in the surplus account

• The inflow-outflow principle
• Factual and temporal allocation of payments
• Distribution of certain advance payments
• Regularly recurring payments
• Special features in the area of fixed assets
• Value added tax in the course of EAR
• Determination of profit
• Accounting in connection with special VAT features

• The graduates - are able to determine and compare the sales tax for actual taxation and non-genuine tax-exempt companies (M1, 2, 3, 4)

• - can describe the taxation methods (debit and actual taxation) and their specifics, and identify and apply the specifics of taxation for down payments made or received (M1, 2, 3, 4)

• - are able to record current business transactions in the income-expenditure account as well as in the surplus account and to determine the profit (M1, 2, 3, 4)

• Lecture with exercises
• Case studies from practice
• Discussions and group work
• Self-study

Module exam

The course deals with the following topics:

Cost Accounting

1. Overview and subareas
2. The cost type accounting
3. Cost center accounting
4. The cost unit accounting
5. Partial cost accounting incl. contribution margin accounting

• The graduates - can define and assign individual terms of cost accounting and present their distinguishing features (M2, 4, 5)

• - can explain the function of the operational transfer and operational settlement sheet (M1, 2, 4, 5)

• - are able to perform simple calculations and contribution margin accounting (with break-even point) and to distinguish between partial and full cost accounting (M1, 2, 4, 5)

• Lecture
• Case studies from practice
• Self-study

Module exam

The course deals with the following topics:

1. Federal Tax Code and Financial Criminal Law
   1. General and legal basics
   2. Scope of application
   3. Overview of tax collection - assessment procedure
   4. Origin of the tax claim
   5. Organization of the tax administration
   6. Party
   7. Representative
   8. Interaction between the tax authority and the party
   9. General provisions on levying
   10. Determination of the basis for the levy
   11. Collection of the levies
   12. Legal remedies
   13. Overview of financial penal law
2. 2. income tax
   1. Profit allowance
   2. Repetition of types of income
   3. Tax allowances
   4. Tax rate and deductions
   5. Collection of income tax (assessment iSd§39ff EStG)
3. Basics of corporate income tax
   1. Separation principle and tax burden comparison
   2. Personal tax liability or tax subject
   3. Material tax liability or tax object
   4. Assessment basis, tax rate and levying
   5. Calculation and accounting of corporate income tax

• The graduates - can describe the structure of the tax administration, name the various tax authorities and explain their respective responsibilities (M3)

• - can identify selected facts of the BAO in connection with the assessment and collection of duties and describe them (M3)

• - can explain, in particular, the imposition of ancillary charges and the consequences of late reporting and payment (M2, 3)

• - can distinguish between the possibilities of ordinary and extraordinary appeal procedures (M3)

• - can explain and understand the calculation of income tax, taking into account any exemptions and deductions (M1, 2, 3)

• - can explain the obligations and deadlines for collecting income tax (M1, 2, 3)

• - are able to explain the systematics of taxation of corporations and can explain selected topics of corporate tax law (M 1, 2, 3)

• Lecture with exercises
• Case studies from practice
• Discussions and group work
• Self-study

Module exam

The course deals with the following topics:

1. Preparation of annual financial statements
   1. Legal basis and audit obligation
   2. Difference company balance sheet - tax balance sheet
   3. Principles of proper accounting
   4. Scheduled depreciation
   5. Unscheduled depreciation
   6. Grants from public funds (subsidies)
   7. Investment allowance according to § 11 EStG
   8. Special features in relation to passenger cars and station wagons
   9. Sale of assets
   10. Inventory and inventory procedure
   11. Inventories - valuation of closing stock (determination of use)
   12. Receivables valuation
   13. Accruals and deferrals
   14. Accruals
   15. Valuation of liabilities
   16. Accounting of the annual result
2. Short-term income statement
   1. Introduction
   2. Preparation of a short-term income statement
   3. Evaluation

• The graduates - can state the principles of proper accounting, describe and explain the instrument of multiple lesser accounting as well as the principle of authoritative accounting and explain the respective differences (M1, 2, 3)

• - can calculate different types of depreciation and apply tax benefits (M1, 2, 3)

• - can close annual accounts, reconcile clearing accounts and prepare individual facts for accounting (M1, 2)

• - can prepare an income statement during the year based on the list of balances, make accruals and deferrals, and post the proportional depreciation (M1, 2, 4, 5)

• - can appropriately explain the significance of the income statement during the year as an important information tool for corporate management (M1, 2, 4, 5)

• Lecture with exercises
• Case studies from practice
• Discussions and group work
• Self-study

Module exam

The course addresses the following topics:

1. The Harvard concept in negotiations
2. Chain of argumentation (5-sentence method)
3. Conflict diagnosis and management
4. Nonviolent communication
5. Targeted use of body language

• The graduates - reflect on their communication behavior in negotiation situations (M 5)

• - are able to conduct negotiations from law firm practice in a factual manner and conclude them in a results-oriented manner (M 5)

• - are able to comment on different opinions in an appreciative way and to present their own position clearly (M 5)

• - can formulate, argue and represent subject-related positions and solutions to problems in a goal-oriented manner (M 5)

• - are able to present themselves convincingly and to embody their competence authentically (M 5)

• Exercises
• Case studies from practice
• Self-study

Module exam

The course deals with the following topics:

1. The obligation to keep accounts in business and tax law
2. Corporate law regulations applicable to all entrepreneurs
3. Supplementary regulations for corporations
4. Tax more-less accounting
5. Allocation rules to business assets
6. Accounting and valuation of individual balance sheet items
   1. Fixed assets
   2. Current assets
   3. Prepaid expenses
   4. Deferred taxes incl. transitional rules
   5. Equity
   6. Accruals incl. transitional provisions
   7. Liabilities
   8. Contingent liabilities
   9. Preparation of corporate income tax and income tax return
7. Profit and loss statement
8. Notes and management report
9. Disclosure

• The graduates - can prepare annual financial statements according to Austrian law and apply the correct method of profit determination (M 1, 2 ,3, 4)

• - are able to interpret the individual balance sheet items and disclosures in the notes and to determine the annual profit or loss on the basis of the income statement (M 1, 2 ,3, 4)

• - Are able to integrate the relevant items into the tax more-less calculation and can calculate them properly (M 1, 2, 3, 4)

• Lecture with exercises
• Case studies from practice
• Discussions and group work
• Self-study

Module exam

The course deals with the following topics:

Managerial accounting - Cost accounting

1. The subareas of managerial accounting
2. The basic concepts of accounting
3. The subareas of cost accounting
   1. Overview
   2. The cost element accounting
   3. The cost center accounting
   4. The cost unit accounting
4. The contribution margin accounting
5. Target cost accounting
6. Activity-Based Costing
7. Planned cost accounting
8. The system of cost accounting in the context of balance sheet valuation

Balance sheet analysis - determination and interpretation of key figures

1. Investment ratios: Asset intensity, depreciation ratio, asset wear and tear ratio.
2. Financing ratios: Equity ratio, asset coverage, working capital, inventory duration, accounts receivable target, accounts payable target
3. Liquidity ratios: Debt repayment period, liquidity ratios
4. Profitability ratios: Return on assets
5. Key figures from the area of expense and income structure: cash flow, cash flow performance ratio, material intensity, goods intensity, personnel intensity

• The graduates - can name and describe the different types of costs and cost centers and prepare cost unit accounting according to practical requirements (M1, 2, 4)

• - are able to explain the system of cost accounting and its application in the valuation of significant balance sheet items (M1, 2, 4)

• - can prepare a contribution margin calculation and determine profit thresholds (M1, 2, 4)

• - can calculate and interpret the most important balance sheet ratios from the balance sheet items (M1, 2, 4)

• Lecture with exercises
• Case studies from practice
• Self-study

Module exam

The course deals with the following topics:

1. Corporate Law
   1. General part
      1. Company/entrepreneur
      2. Company register
      3. Peculiarities of corporate transactions
      4. Acquisition of a company (asset deal/share deal)
      5. Commission
      6. Commercial agency
      7. Corporate payment transactions / securities
   2. Corporate law
      1. General/advantageousness comparison
      2. Choice of legal form
         1. GesnbR
         2. OG/KG
         3. Silent partnership
         4. GmbH
            (in each case: Formation, management and representation, assets and liability, rights and duties of the executive bodies and shareholders, contract amendments, termination, accession and withdrawal of a shareholder)
         5. Basic features of the AG and the private foundation
            (most important areas of application, comparison GmbH)
         6. Change of legal form
2. Basics of trade law
   1. Basics
   2. Business management under trade law
3. Insolvency law
   1. Basics
   2. Insolvency proceedings
   3. Reorganization proceedings

• The graduates - can name and discuss the most important legal bases for entrepreneurial activities (M1, 3)

• - can explain the different legal forms, work out the differences and list the resulting advantages and disadvantages for companies (M1, 3)

• - are able to explain the relationships between legal form and accounting (M1, 3)

• - can identify necessary reorganization steps on the basis of the main features of insolvency law (M1, 3)

• Lecture
• Case studies from practice
• Self-study

Module exam

The course deals with the following topics:

1. 1. general legal basics
   1. Objective law / Subjective law
   2. General norms / Individual norms
   3. Substantive law / Formal law
   4. Mandatory / amendable law
   5. Level structure of the legal system
   6. Private law / public law
   7. Legal subject / Legal object
   8. Constitutional principles
   9. Way of federal legislation
2. Civil law
   1. General part
   2. Law of obligations
   3. Property law
   4. General law of succession
3. Main features of labor and social security law
   1. Definition of employee
   2. Basic provisions employment relationship
   3. Termination of the employment relationship
   4. Liability of the employee/employer
   5. Basic concepts of social insurance law
   6. Main features of the social insurance of self-employed persons
4. Transfer taxes and other duties
   1. Main features of the Gift Notification Act
   2. Basic features of the law on fees
   3. Basic features of the real estate transfer tax
   4. Overview of existing fees/transport taxes
5. Federal Tax Code - Financial Criminal Law
   1. Scope of application
   2. General provisions
   3. Tax authorities and parties
   4. Intercourse between tax authorities and parties
   5. Collection of levies
   6. Determination of the basis for levy and assessment of levies
   7. Collection of levies
   8. Legal protection
   9. Financial Crimes Act
   10. Financial Online

• The graduates - can identify problems regarding relevant legal issues in connection with bookkeeping and accounting (M1, 3, 4)

• - can implement and apply essential provisions of the BAO (making requests, submitting queries, etc.) (M1, 3, 4, 5)

• - can distinguish and explain the most important legal terms, apply them in a practice-oriented manner and articulate accordingly (M1, 3, 4)

• - can describe and explain the legal process and the associated appeals and appeal deadlines (M5)

• Lecture
• Case studies from practice
• Self-study

Module exam

The course deals with the following topics:

Sales tax

1. Taxable sales
2. Deliveries
3. Other services
4. Assessment bases
5. Tax exemptions
6. Tax rates
7. Accounting
8. Input tax deduction
9. Obligation to keep records, accounting records
10. Incurrence of tax liability and tax debtor
11. Advance VAT return/statement, recapitulative statement
12. Special cases
13. Measures to secure the tax claim
14. Internal market

• Graduates - are able to apply the legal provisions on sales tax to practical cases or analyze sales tax issues and develop solutions (M1, 2, 3, 4, 5)

• - are able to prepare advance sales tax returns and sales tax returns and check them accordingly with the accounting department (M2)

• - can perform rudimentary reconciliations in relation to sales tax when preparing annual financial statements (M1, 2, 3)

• - can check invoices with regard to their correctness and the invoice features (M1, 2, 4)

• - can design or develop optimal sales tax structures for concrete practical situations (M1, 3, 4)

• Lecture with exercises
• Case studies from practice
• Discussions and group work
• Self-study

Module exam

The course deals with the following topics:

1. Income tax
   1. Tax liability
      1. Personal tax liability
         1. Unlimited and restricted tax liability
      2. Material tax liability
         1. Business and non-business types of income
         2. Tax exemptions
         3. Loss compensation - loss carry forward
   2. Determination of profits
      1. Types of profit determination
         1. Comparison of business assets according to § 4 (1)
         2. Comparison of business assets according to § 5
         3. Income-expenditure accounting according to § 4 (3)
         4. Taxation according to average rates
         5. Excess of income over income-related expenses (in the non-business area)
   3. Types of income
      1. Income from agriculture and forestry
      2. Income from self-employment
      3. Income from business operations
      4. Income from employment
      5. Income from capital assets and final taxation
      6. Income from renting and leasing
      7. Other income (esp. private sale of real estate)
   4. Special expenses
      1. Pensions and permanent costs
      2. Insurance premiums
      3. Housing acquisition and housing renovation
      4. Church contribution
      5. Tax consultancy costs
      6. Donations
      7. Loss deduction
   5. Extraordinary burdens
   6. Special problems
      1. Taxation of pensions
      2. Investment allowances, premiums
      3. Taxation of joint ventures
   7. Tariff and deductions
   8. Income tax return

• The graduates - are able to identify the legal income tax regulations and can put them into practice or concretize and apply them on the basis of practical cases (M1, 2, 3, 4, 5, 6)

• - can develop, compare and interpret different tax-optimal approaches for practical situations (M1, 2, 3, 4, 5, 6)

• - can prepare income-expenditure statements or surplus statements on the basis of concrete practical cases and documents and derive and optimize the tax consequences (M1, 2, 3, 4, 5, 6)

• -are able to prepare income tax returns, carry out tax calculations or even make rudimentary tax optimizations (M1, 2, 3, 4, 5, 6)

• Lecture with exercises
• Case studies from practice
• Discussions and group work
• Self-study

Module exam

The course deals with the following topics:

1. Corporate income tax
   1. Personal tax liability
      1. Unlimited and limited tax liability
      2. Beginning and end of personal tax liability
   2. Personal tax exemptions
      1. Non-profit, charitable and church legal entities
   3. Income
      1. Determination of income
      2. Income of the entities covered by § 7, para. 3
      3. Basic principles of group taxation
   4. Contributions and repayments
   5. Use of income
      1. Open distributions
      2. Concealed distributions
   6. Special expenses
      1. Loss deduction
      2. Purchase of shell
   7. Non-deductible expenses
      1. Capital losses and partial write-offs
   8. Dissolution and liquidation
   9. Rate and collection of tax
      1. Minimum corporate income tax
   10. Corporate income tax return

• The graduates - are able to identify the statutory corporate tax regulations and apply them in practice (M1, 2, 3, 4, 5, 6)

• - can develop and compare different tax-optimal approaches for practical situations (M1, 2, 3, 4, 5, 6)

• - are able to prepare corporate income tax returns and perform tax calculations (M1, 2, 3, 4, 5, 6)

• Lecture with exercises
• Case studies from practice
• Discussions and group work
• Self-study

Module exam

Contents:

• Basics of the Income Tax Act 1988
• Personal and material tax liability
• Types of income
• Business income
• Methods of profit determination
• Determination of profit (accounting)
• Investment allowances
• Valuation, depreciation
• Non-business income, in particular income from capital assets, V V, real estate sales
• Collection

• The graduates - have knowledge of the essential areas of income tax law and can apply this knowledge in solving cases (M1, M6)

• - can, for example, determine taxable income (M1, M6)

• - can take these into account in the context of their work in practical cases, as well as recognize and apply income tax aspects in the assessment of facts in practical work and discuss them with specialist audiences, argue in a factual manner and present them convincingly (M3, M6)

Lecture, group work, self-study

Final exam

• Fundamentals of the KStG 1988
• Personal and material tax liability
• Differences in the taxation of joint ventures and corporations
• Associations, especially non-profit
• Corporations under public law
• Businesses of a commercial nature
• Group taxation
• Contributions, distributions

• Investment income exemptions, intercompany privilege
• Income taxation

• Graduates - understand the basics of (business) income tax law (income and corporate tax) (M1, M6)

• - Have knowledge of other substantive tax law, for example, gift reporting law, gambling law, fee law, etc. (M2)

• - can take these into account within the scope of their activities (M3, M5)

• - recognize and take into account specific income tax aspects when assessing facts and discuss them with an expert audience, argue in a factual manner and present them convincingly (M3)

Lecture, group work, self-study

Final exam

Business and financial English

Presentation of professional areas in English including small talk in a professional context

Selected areas of grammar

Incorporating all skill areas: Listening, reading, speaking, writing

• Graduates - are able to understand and apply basic technical terms and general economic terminology appropriately after having been made familiar with them (M1)

• - are able to express themselves adequately after refreshing basic grammar (M1)

• - are capable of conducting general conversations in a professional context by using the acquired language tools (M1)

• Combined use of structure- as well as learner-centered teaching methods
• Group work and dialogues
• Use of audiovisual media
• Teaching of technical vocabulary in contextualized form using authentic materials
• Supplementary e-learning for repetition and consolidation

Continuous assessment: Immanent performance review, standard (practical and communicative exercises, written test at the end of the semester, assignments (written, oral, audio-visual).

• Expansion and consolidation of technical language competence in the area of business and financial English using authentic materials (incorporating all skills: listening, reading, speaking, writing)
• Communicative and practical exercises to expand the professional vocabulary
• Training of general and specialized language skills as well as business skills (e.g. presentations and meetings) in the foreign language
• Selected areas of grammar

• Graduates - can actively participate in work discussions and meetings with the help of the acquired terminology and idioms (M3)

• - are able to prepare presentations independently and give them in the foreign language after having learned the basics of presentation (M2)

• - are able to express themselves adequately after refreshing basic grammar (M1)

• Combined use of structure-centered and learning-centered teaching methods
• Subject-related role plays, group work and dialogues
• Use of audio-visual media
• Teaching of technical vocabulary in contextualized form using authentic materials
• Supplementary e-learning for repetition and consolidation

Continuous assessment: Immanent performance assessment, standard (practical and communicative exercises, presentations, written test at the end of the semester, assignments (written, oral, audiovisual))

The course provides an overview of the following topics:

• Significance of digitalization
• Social aspects of media change
• Core technologies & drivers of digitization with a special focus on accounting
• Information, data and media literacy
• Digital communication and social media
• Big data & data management, especially in the context of accounting and tax law
• Management & Leadership in the digital age
• Digital transformation in accounting
• Data protection and security / introduction to data protection (DGSVO)

Industry 4.0

• Graduates - understand the significance of digitization in the context of the professional field and can explain its effects (M1, M2) [Digitization].

• Graduates will be able to name and assign terms and so-called buzzwords of digitalization in accounting and describe their interrelationships (M1, M2, M7) [Digitalization].

Lecture, discussion, self-study

Continuous assessment

• Application areas and structure of the standards
• Preparation of balance sheet, P&L, cash flow statement and statement of changes in equity
• Accounting for simple transactions
• Valuation methods according to IFRS
• Application of valuation methods to selected assets

• Graduates - know the basic differences between case law and code law and can classify the accounting systems of individual countries (M1, M2)

• - are familiar with the differences in valuation according to UBG and IFRS and critically question the IFRS regulations (M1, M2, M6)

• - identify the mandatory and voluntary reporting instruments under IFRS and can prepare them independently (M1, M2)

• - Understand the function and application of the framework and the valuation methods mainly used in IFRS and can apply them (M1, M2)

• - understand the significance and application of the additional regulations developed by the IASB, account for selected business transactions and value selected assets (M1, M3, M4, M5, M6)

• Individual in-depth self-study in preparation for the course and repetition of necessary, already completed competences in the field of accounting and group accounting
• Lecture of theoretical basics on the basis of selected standards
• Building on the theory, joint development of practice-relevant examples in the group
• Consolidation of the material through the completion of a final test

Continuous assessment

• Annual financial statements and the components of the annual financial statements of sole proprietorships, partnerships and corporations.
• Valuation of assets and liabilities (valuation of non-depreciable and depreciable fixed assets, inventories, receivables, prepaid expenses, accruals, liabilities)
• Calculation and accounting of corporate income tax
• Presentation and accounting of equity for sole proprietorships, partnerships and corporations
• Balance sheet preparation

• Graduates can - explain the principles of proper accounting and recognize and take into account accounting-relevant differences between corporate law and tax law (more-less accounting) (M1, M2)

• - Perform acquisition & subsequent valuations of fixed assets and current assets according to business law and tax law (M1, M2, M3).

• - Carry out subsequent valuations of foreign currency liabilities and recognize provisions for liabilities, provisions for anticipated losses from pending transactions, and provisions for expenses, as well as assess the effects under tax law (M3, M4)

• - Calculate and balance profit distributions of partnerships (M5)

• - determine and account for corporate income tax for corporations and account for reserves for corporations (M6)

In the course, the theoretical basics are conveyed and elaborated on the basis of practical examples.

Lecture, group work, self-study

Final exam

• Expansion and consolidation of professional language competence in the area of business and financial English on the basis of authentic materials (inclusion of all skills: listening, reading, speaking, writing)
• Relevant terms and typical structures in the area of contract English
• Training of general as well as professional language skills in working conversations
• Selected areas of grammar
• Digitalization in the tax field

• Graduates - can actively participate in work discussions and meetings using the acquired terminology and phrases (M6)

• - are able to express themselves adequately after refreshing basic grammar (M6)

• - can understand and adequately deal with English-language financial statements and contracts on the basis of the relevant specialist terminology acquired (M1, M6)

• Flipped Classroom
• Combined use of structure-centered and learning-centered teaching methods
• Subject-related role plays, group work and dialogues
• Use of audiovisual media
• Teaching of technical vocabulary in contextualized form using authentic materials
• Supplementary e-learning for repetition and consolidation

Continuous assessment: - Practical and communicative exercises

- Written test at the end of the semester

- Homework (written, oral, audiovisual)

• UStG general part, esp.
  • Taxable facts
  • Concept of entrepreneur
  • Deliveries
  • Other services
  • Invoice
  • Input tax deduction
  • Origin of the tax liability
  • Tax debtor

• Graduates - have a sound knowledge of the terms and provisions of national VAT law (M1)

• - can recognize and name sales tax problems (M1, M2)

• - can analyze, classify and solve concrete sales tax issues and justify these solutions clearly and comprehensibly (M1, M2, M3, M4)

Lecture and exercises

Final exam

• UStG general part, in particular
  • delimitation of supply/other services
  • Unreal tax exemptions, among others
    • Real estate
    • small business
  • Tax rates
  • Debit/actual taxation
  • LuF flat rate
  • Travel services
  • Differential taxation
  • Liability
• Introduction Internal Market

• Graduates - have a sound knowledge of the relevant provisions of national VAT law (M1)

• - can analyze facts from a sales tax perspective and justify the results clearly and comprehensibly, citing the relevant provisions (M1, M2, M5, M6)

• - are able to recognize and name sales tax problems and to develop solutions independently (M1, M2, M3, M5, M6)

Lecture and exercises

Final exam

The course provides an overview of the following topics:

• Introduction on the specifications about the proper management of an organization's digital data.
• Overview of the entire lifecycle of data as assets from its original creation to a valid state of rest.
• Impact of data in the context of tax management

• The graduates - can explain data governance and name its goals and effects. (M1, M2)

• - Are able to explain data governance - structure & function and know the requirements for creating data governance. (M1, M2, M3)

• -Can explain the distinction between or addition to various guidelines on enterprise risk planning, business process management (BPM), data security, data protection, and data quality. (M2, M3)

• - understand what data management/data administration is and can explain efficiency in data processing. (M1, M2, M3)

• - Understand the importance and possible applications of convergence between data and processes and can explain the significance in capturing process data and the consideration of data states that influences the improvement of data values. (M2, M3)

Lecture, discussion, self-study

Continuous assessment: Presentation

The course deals with the following topics:

• Fundamentals of representing complex business models in an entity relationship model. In order to successfully model data, it is particularly important to understand the fundamentals and interrelationships between the individual topics and to reproduce them using examples
• Transfer of a conceptual database design, via the logical database design, to the physical database design using methods such as bottom-up or top-down
• Use of data modeling in tax & accounting

• The graduates - know basic concepts of data modeling and data structures and can implement the Entity - Relationship - Model (ER-Model/ERM) (relational and hierarchical) (M2, M3)

• - can establish relationships via entities and attributes as well as relations/relationships between tables (M2, M3, M5)

• - can implement the use of primary and foreign keys and the normalization of data (M2, M3, M4)

• - implement: Ensure consistency and integrity of data or deal with anomalies (M2, M3).

Lecture, literature study, discussion

Continuous assessment: Create data model based on an example

The course gives an overview of the following topics:

• Describe the basics of ERP systems and explain them using examples from practice
• Different requirements and goals of ERP systems
• Advantages and disadvantages as well as limitations of ERP systems

• The graduates - can explain ERP and where ERP systems are used. (M5, M6)

• -Can formulate the requirements for an ERP system. (M3, M5, M6)

• -are able to define objectives of ERP systems. (M3, M5, M6)

• -can name ERP systems in use. (M3, M5, M6)

• - can explain the components of an ERP system. (M3, M5, M6)

Lecture, discussion, self-study

Continuous assessment: Presentation

• Fundamentals of the KStG 1988
• Personal and material tax liability
• Differences in the taxation of joint ventures and corporations
• Associations, especially non-profit
• Corporations under public law
• Businesses of a commercial nature
• Group taxation
• Contributions, distributions
• Investment income exemptions, intercompany privilege
• Income taxation

• The graduates - understand the basic principles of (business) income tax law (income and corporate tax). (M2, M3)

• - Have knowledge of other substantive tax laws, for example, gift reporting laws, gambling laws, fee laws, etc. (M1, M2, M3)

• - are able to take these into account within the scope of their activities, as well as to recognize and take into account concrete income tax aspects when assessing facts and to discuss them with specialist audiences, to argue in a factual manner and to present them convincingly. (M5)

Lecture, group work, self-study

Final exam

Tax procedure law in Austria:

• Origin of the tax claim, esp. in case of unlimited/restricted tax liability
• Joint and several debt, liability provisions, universal succession
• Discretion
• economic approach, abuse, fictitious transactions and attribution
• relatives, residence, domicile
• business enterprise, permanent establishment, economic business operation, asset management
• public utility, charity, ecclesiastical purposes
• Relationship to foreign countries incl VO § 48 BAO
• Obligation of secrecy under tax law
• factual competence of the tax authorities
• Parties and their representation

• Graduates - acquire advanced knowledge of Austrian tax procedural law from BAO sections 1 and 2, can understand these, analyze them in concrete application cases from the literature and case law and apply them concretely (M1, M4, M6)

• - know and understand basic concepts of tax procedure and can assign them to concrete cases, use them and demonstrate them (M1, M5)

• - can identify, name, designate, describe, define, explain, reproduce in a structured manner and interpret as well as discuss the main tax procedural regulations (M1, M4, M5, M6)

• - deepen, practice and apply the basic knowledge of Austrian tax procedure law acquired in semesters 1 and 2 individually and concretely (M1, M4, M6)

Lecture, group work, self-study

Continuous assessment: Group work Presentation Oral exam

Tax procedure law in Austria:

• Due date, payment, additional charges
• security deposits, liability notices, enforceability, write-offs
• Seizure (seizure order - cooperation with tax investigation, securing of levies)
• Limitation of collection of due levies
• ordinary legal remedies (complaint, appeal proceedings, BFG proceedings, official complaint)
• Other measures/legal force interruptions, in particular annulment of notices and resumption of proceedings

• Graduates - acquire advanced knowledge of Austrian tax procedural law from BAO sections 6 to 9, are able to understand these, analyze them in concrete application cases from literature and case law and apply them concretely (M1, M2, M5)

• - know and understand basic tax procedural terms and can assign them to concrete cases, use them and demonstrate them (M1, M3, M4)

• - can recognize, name, describe, define, explain, reproduce in a structured way and interpret as well as discuss the essential tax procedural regulations (M2, M4, M6)

• - deepen, practice and apply the basic knowledge of Austrian tax procedure law acquired in semesters 1 and 2 individually and concretely (M1, M4, M5)

Lecture, group work, self-study, case studies

Continuous assessment: Group work Presentation Oral exam

Tax procedure law in Austria:

• Submissions, minutes, file notes, inspection of files, summonses
• Executions - Notices
• Service of documents including the Service of Documents Act
• Time limits, penalties and legal notice
• Equality of taxation
• Official channels, hearing of the parties, prohibition of innovations, preliminary questions
• Obligations, esp. duty of disclosure, truthfulness, notification and presentation of evidence
• Notice of disclosure, confirmation of research
• Keeping of books and records, duty to keep cash registers, duty to file tax returns
• Survey, inspection, external audit, accompanying control
• Obligation to provide assistance, in particular cooperation with courts, regional authorities and the Austrian National Bank (ÖNB)
• beneficiary designation including surcharge § 22 Abs 3 KStG, evidence, estimation
• separate assessments, assessment notices, assessment of levies, interest
• Limitation of assessment (commencement, suspension, extension, absolute limitation)

• Graduates - acquire advanced knowledge of Austrian tax procedural law from BAO sections 3 to 5, are able to understand these, analyze them in concrete application cases from the literature and case law and apply them concretely (M1, M3, M5)

• - know and understand basic concepts of tax procedure and can assign them to concrete cases, use them and demonstrate them (M1, M4, M6)

• - can identify, name, designate, describe, define, explain, reproduce in a structured manner and interpret as well as discuss the main tax procedural regulations (M1, M3, M4, M6)

• - deepen, practice and apply the basic knowledge of Austrian tax procedure law acquired in semesters 1 and 2 individually and concretely (M1, M2, M4, M5, M6)

Integrated course

Continuous assessment: Group work Presentation Oral exam

Current issues and facts from income tax law

Preparation of the bachelor thesis 1

• Graduates - have sound knowledge of national and international income tax law (M1)

• - of procedural law (M2)

• - of the VAT law including the internal market regulation (M3)

• - can apply the knowledge from the above-mentioned areas of law within the scope of their work independently and in a solution-oriented manner using practical case examples (M4)

Seminar

Continuous assessment

• Commercial international databases (Amadeus, Orbis, RoyaltyStat, U.S. Securities and Exchange Commission)
• Search quality
• Risk profiles to identify high tax risk potentials

• Graduates - have knowledge about the use of commercial (international) databases (Amadeus, Orbis, RoyaltyStat, U.S. Securities and Exchange Commission) and can use them in the context of their work (M1)

• - can optimize the research quality (M2)

• - can develop risk profiles to identify "high tax risk potentials" (M3)

Computer assisted learning

Final exam

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• Graduates • deepen, practice and apply the basic knowledge of Austrian tax procedure law acquired in semesters 1 to 4 individually and concretely and can discuss the legal findings obtained with an expert audience, argue them in a factual manner and present them convincingly (M1, M5, M6)

• • are able to analyze the components of annual financial statements, determine the basis for the analysis of key figures and prepare a structural balance sheet (M1, M3)

• • are able to understand functions of key figures (decision-making, control, steering function) and to interpret them (M1, M2, M3)

• • can analyze and interpret annual financial statements using key figures with regard to profitability (M1, M2, M3)

• • understand the relationships between individual key figures and estimate the effect of changes in individual parameters on the various key figures (M1, M2, M3, M5)

• • can derive business management measures from the analysis of annual financial statements and justify their effects (M1, M2, M3, M5)

• • recognize the facts relevant to the decision (M3)

• • can independently take investigative steps to establish the facts of a case (M3, M4, M5)

• • have an understanding of the relevant tax law case law (M2, M3, M5)

• • can discuss the legal findings obtained with an expert audience, argue in a factual manner and present them convincingly (M5)

• • are basically familiar with the national databases, registers and information systems relevant for tax management (RIS, Findok, online specialist literature, business databases and registers) (M1, M2)

• • have a theoretical command of the individual databases in terms of function, structure, significance for practice, areas of application, process organization and know their legal basis (M1, M2)

• • can apply and utilize the research results in practical scenarios (M3)

• • understand the main principles of business ethics. (M3)

• • know the Austrian professional principles for accountancy professions. (M2, M3)

• • Graduates will have practical knowledge of anti-money laundering and beneficial ownership registers. (M1, M2, M3)

• • are able to use the extensive possibilities of spreadsheet programs professionally. (M1, M5)

• • obtain a concise overview of the meaning, terms and topics of digitization and can explain its impact (M1)

• • are able to explain technological, societal and work-related changes in the digitalized world; describe concrete examples of technological changes for an organization. (M1, M2)

• • are able to analyze success factors of digital transformation based on case studies. (M1, M2) [International, digitalization, SDGs] Are able to operate either the BMD or SAP S4/HANA (TS410) software solution (user interface, etc.). (M2)

• • Can operate either BMD or SAP S4/HANA (TS410) software solution (user interface, etc.). (M2)

• • build up a basic understanding of the respective structure of the software solution. (M1, M2)

• • Have basic knowledge of core business processes, business interrelationships, and how individual enterprise applications integrate with SAP ERP are required. (M2)

• • know how individual enterprise resource planning (ERP) areas work together and can explain how the key integrative business processes in procurement, production, planning, project management, sales, customer service, asset management, financial accounting, human resources, and analytics interact within SAP ERP. (M2)

• • can name and explain the new demands on managers in the digital age (M1, M2)

• • can efficiently operate and use Microsoft Word and PowerPoint (M1, M2)

Practical cooperation in relevant organizations

Continuous assessment: Confirmation from the internship institution of completion of a relevant professional internship in the field of tax management for the duration stipulated by the degree program

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• In the course of the Bachelor's examination, a final formal and content-related check is carried out to determine whether the graduates have achieved the program-related learning outcomes of the degree program.

-

Module exam

• Written and oral individual reflection as well as group reflection within the framework of the course.
• Elaboration and presentation of a practical case from the professional internship

• Graduates - can assign questions from practical cases of the professional internship to a subject area

• - can explain the theoretical foundations on which professional action is based

• - can solve (simple) practical cases

• Reflection on the practical implementation of theoretical teaching and learning content.
• Cooperation in teams and feedback
• Discussion about activities in professional practice

Continuous assessment: Written and oral individual reflection as well as group reflection as part of the course.

The course deals with the following topics:

• Basic concepts, legal foundations and basic terms of data protection law on a European and Austrian level.
• Understanding the basics of legal implementation requirements in relation to legally compliant data protection management in companies
• Elaboration of data protection law basics for the use of data analytic tools related to tax management
• Explanation of important practical issues based on current examples of practice and case law

• The graduates - understand essential basic concepts, legal foundations and basic terms of data protection law at the European and Austrian level. (M1, M2, M3)

• - understand the main features of legal implementation requirements with regard to legally compliant data protection management in companies, in particular with regard to the allocation of roles under data protection law, register of processing activities (VdV / VVT) and data protection impact assessments (DSFA), supplier management and processor, information obligations, data subject rights, data transfer at national and international level and third country transfers, technical and organizational measures, data breach, liability aspects and penalties. (M2, M3)

• - have in-depth practical knowledge of the specifics of professional law and can apply this to practical issues (retention periods and return of data/documents taking into account professional law requirements, data deletion, training and awareness-raising). (M2, M3)

• - can recognize connections between data protection and the use of digital tools. (M2, M3)

Interactive lecture

Continuous assessment: Multiple-choice test to check the learning outcomes

• Risks in a networked world
• Basics of an information security management system
• Development of a framework for the use of data analytic tools related to tax management and information security
• Explanation of important practical issues related to information security

• The graduates - understand the main risks and threats related to information security (cyber security) and how attackers (hackers) act (social engineering, phishing, fake presidents, ransomware, etc.). (M2, M3)

• - understand definition and terms (information security, IT security versus data protection and data security, security criteria / basic values of information security, etc.). (M2, M3)

• - understand the main features of standards, laws and regulations that require the consideration of the security of information, in particular with regard to ISO/IEC 27001, Austrian Information Security Handbook, BSI IT Grundschutz, data protection laws/DSGVO, Network and Information Security Directive of the EU (NIS RL), GmbH and Aktiengesetz, Telekommunikationsgesetz). (M2)

• - have in-depth practical knowledge of the specifics of professional law and can apply this to practical situations (working in the (home) office, working on the move, protection through password and multi-factor authentication, data storage, data transfer, data deletion, communication via telephone, e-mail, messengers, SMS or MMS, conducting virtual meetings, use of the Internet (visiting websites, downloading files, cloud services), presence in social media). (M1, M2)

• - can recognize connections between information security and the use of digital tools. (M1, M2)

Interactive lecture

Continuous assessment: Multiple-choice test to check the learning outcomes

The course deals with the following topics:

• Analysis of data and their interpretation
• Basics of descriptive statistics

• Graduates - know the basic concepts of statistical analysis (M4)

• - can interpret evaluations (M4)

Lecture, literature study, discussion

Continuous assessment: Test

• Students prepare a case study from income tax law (facts and solution) and complete a written test (case studies on income tax law) taking into account current developments in the field of taxation of the digital economy. Both also serve as preparation for the Bachelor thesis as well as Bachelor examination.

• Graduates - solve case studies in tax law independently (M4, M5)

• - recognize interrelationships and dependencies (M2, M3)

• - can practically apply the EStG 1988 and the KStG 1988 to concrete cases (M1, M2, M4, M5)

• - can discuss the legal findings obtained with an expert audience, argue in a factual manner and present them convincingly (M5)

• Lecture
• Individual work
• Self-study

Continuous assessment: Written case study Written test

• Legal sources of international tax law
• Three-step technique
• National foreign tax law
• Bi- and multilateral treaty law
• Union law (primary law, secondary law on direct taxes)
• Transfer pricing (transfer prices between associated enterprises)

• Graduates - have basic knowledge of the essential foundations of international tax law (M1, M2, M3)

• - have a structured understanding of the interrelationships between these essential foundations of international tax law (M1)

• - can apply the acquired knowledge to simple issues and discuss them with an expert audience, argue in a factual manner and present them convincingly (M5)

Lecture, group work, self-study

The course is partly held in English (OECD documents etc).

Final exam: Final written exam

National and international tax law, conflict and negotiation techniques

• Graduates - understand the interrelationships of national and international tax law (M4)

• - can combine content from different disciplines (corporate law, various tax law matters) (M4, M5)

• - solve complex issues on the basis of practical examples, taking into account the UGB and tax law (M4, M5)

• - learn negotiation and problem-solving techniques and can apply and use them (M5)

• - can give an argumentative presentation from the point of view of an affected party (e.g. taxpayer, tax administration) in front of an expert audience and engage in an in-depth discussion, and apply strategies to solve problems and avoid conflict situations (M5, M6)

Impulse lecture, group work, workshop

Continuous assessment: Case solutions, discussion, moot court, fictitious conflict and negotiation situations The course is held as a seminar. Students work on case studies from the areas of corporate tax law, group tax law and international tax law. The students prepare a presentation and assume the role of an affected party (e.g. taxpayer, tax administration). On the basis of practical case studies, accounting standards of the Austrian Commercial Code (UGB) are discussed, as well as selected issues of income and sales tax law, transaction taxes and other tax regulations (taking into account the case law of the Austrian Federal Tax Court (BFG), the Austrian Administrative Court (VwGH) and the European Court of Justice (EuGH)). In the discussion, students also apply negotiation and problem-solving techniques to assert their position).

• Finding a topic for the Bachelor Thesis 2
• Choice of the specialization of the bachelor thesis 2

• Graduates - write the BA thesis 2 (M1)

• - deepen their tax law competences on the basis of complex case constellations in a selected area of law, taking into account the currently applicable national overall body of law as well as the body of law of international tax law including national case law as well as ECJ jurisprudence (M1, M2)

• - contribute to the further development of research results in the research field of the FH Campus Wien "accounting" (M3)

Seminar

Continuous assessment: Course-immanent examination character

Special, selected contents from tax law

• Graduates - write the BA thesis 2 (M1)

• - deepen the above-mentioned areas of tax law on the basis of complex case constellations, taking into account the currently applicable national overall body of law as well as the body of law of international tax law, including national case law and ECJ jurisprudence (M2)

• - They thus contribute to the further development of research results in the research field of the FH Campus Wien "accounting" (M3)

Lecture, discussion, group work

Continuous assessment

• Import mail order
• Intra-Community mail order
• Support through electronic interfaces
• Electronically supplied services
• Small business regulation
• Recording obligations of electronic interfaces
• Due diligence obligations-UStV
• Liability of electronic interfaces
• IOSS
• Non-EU-OSS
• EU-OSS
• Special regulation according to § 26b UStG

• Graduates - can present the current developments in VAT law in the field of e-commerce and OSS (M3)

• - can research relevant scientific publications and judicial documents, especially using new media (M1)

• - apply this knowledge and these findings methodically to concrete situations (M1, M2, M3)

Preparation of seminar papers and presentations

Continuous assessment: Evaluation of the seminar paper and presentation (including answering appropriate questions from the presenters during the presentation).

• Differentiation between delivery and other services
• Delivery of work
• Assembly delivery
• Tax exemptions in the context of import, export and transit
• Export delivery
• Contract processing of goods for export
• Import
• EUSt
• EUSt deduction
• Intra-Community acquisition
• Intra-Community transfer
• Consignment stock scheme
• Tax exemptions in the internal market
• Intra-Community supply
• recapitulative statement
• Triangular transaction

• Graduates are familiar with the key provisions on the VAT treatment of cross-border tax cases.

• Graduates analyze international issues from a VAT perspective.

• Graduates develop independent, well-founded solutions, citing the relevant legal provisions.

Lecture and exercises

Final exam: Final written exam