Accounting & Taxes

Combine legal and economic knowledge

What is this about? In this specialization, you will gain in-depth knowledge of the three subfields of accounting - external and internal accounting - as well as business taxation. The program highlights the purposes and content of corporate accounting rules, as well as details on international financial reporting and accounting policies. In addition, this specialization provides a foundation in corporate law as the basis for accounting and corporate taxation, and offers insight into the fiscal theory of taxation. The focus also includes the principles of corporate taxation, tax implications, and tax planning, as well as legal knowledge in tax law and corporate succession. In this respect, the specialization represents an interdisciplinary legal and economic specialization.

What is being researched? Research in the field of accounting and taxation primarily covers (consolidated) financial reporting in accordance with the German Commercial Code (HGB) and Inter­national Financial Reporting Standards (IFRS), as well as business valuation. Empirical research on issues related to auditing and financial reporting is also a key focus. Tax law is examined from both economic and legal perspectives. Research concentrates on both the national and international spheres of taxation. Legal-theoretical considerations play a prominent role here, as do questions regarding the decision-making effects of taxation. In the field of public finance, research addresses the topic of taxation, particularly through empirical studies on tax enforcement.

Why should you choose this specialization? This specialization prepares you for a professional environment with excellent and diverse career prospects. You will acquire analytical skills as well as interdisciplinary abilities in the field of legal and economic analysis. Thanks to the diverse range of modules and possible combinations, this specialization provides excellent preparation for the increasingly complex requirements involved in preparing and auditing financial statements, as well as providing tax advice to businesses and individuals. In addition, you’ll be equipped to build a strong foundation for an in-depth master’s program and for the professional exams you aim to take (certified tax advisor, certified public accountant).

When selecting your modules, there are two strategies to consider: focusing on a specific area or developing broader skills. In principle, many other module combinations are possible, allowing you to tailor your personal profile to your own interests.

Focus

• Accounting, Auditing: Financial Reporting - German Commercial Code (HGB) combined with Concepts and Instruments of Manage­ment Accounting, Tax Theory, General Tax Law, Corporate Law, Financial Reporting & Analysis, Corporate Restructuring, and the Accounting Profile Seminar
• Tax Consulting: Tax Theory combined with General Tax Law, Fiscal Tax Theory, Busi­ness Succession, Income Tax Law, Corporate Taxation and Legal Form, Profile Seminar in Tax Law, and Profile Seminar in Busi­ness Tax Theory

Development of Broader Competencies

• Concepts and Tools of Manage­ment Accounting in parallel with Fiscal Tax Theory, Busi­ness Succession, Corporate Taxation and Legal Form, Corporate Restructuring, and the Specialization Seminar in Corporate Law
• Accounting – German Commercial Code (HGB) in parallel with Tax Theory, Corporate Law, Income Tax Law, Financial Reporting & Analysis, and the Specialization Seminar in Busi­ness Taxation