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

• 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

• 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

• 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, incl. foreign currency conversions in double-entry bookkeeping
   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

• 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

• 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

• 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

• 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

• 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

• 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

• 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

• 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

• 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

• 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

• 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

• 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

• 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

• 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

• 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

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

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

• 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

• 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

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

• 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

Final exam

• 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

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

• 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

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

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

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

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

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

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

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

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)

Integrated course

Continuous assessment: Group work Presentation Oral exam

Current issues and facts from income tax law

Preparation of the bachelor thesis 1

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

Computer assisted learning

Final exam

-

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

-

-

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

• 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

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

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

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.

• 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)

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

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

Seminar

Continuous assessment: Course-immanent examination character

Special, selected contents from tax law

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

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

Lecture and exercises

Final exam: Final written exam