ELTE Business Economics Summer University | Understanding Financial Statements and Accounting Concepts

ELTE Business Economics Summer University | Understanding Financial Statements and Accounting Concepts

Course dates:
22 July, 2019 to 29 July, 2019
EUR 350
Fee advantages:
Fee reduction
Economics, Multidisciplinary
Application deadline:
Sunday, 30 June, 2019
Eötvös Loránd University (ELTE), Budapest
Budapest, Hungary

General information

The course is designed to teach participants to become more competent users of accounting information, financial statements and techniques of financial analysis. Accounting as an information system is the communication mechanism that tells a company’s story in facts and figures. The idea is not to train participants to become accountants but instead to help them to understand accounting information so that they can contribute to the success of the business.

Web: https://gti.elte.hu/sumuni

Course leader:

László Szívós is an assistant professor at the Department of Finance and Accounting. Member of ACCA (Association of Chartered Certified Accountants), with a REFA international controlling certificate. Within the framework of ACCA he has been preparing auditors for financial accounting and performance management examinations in English in several countries in Europe. He has actively participated in the development of corporate controlling systems and management information systems as a consultant.

Course aim

• feel comfortable with accounting concepts and double-entry bookkeeping
• understand how a Balance Sheet (Statement of Financial Position), a Profit & Loss Statement (Income Statement) and a Cash Flow Statement are prepared
• be able to assess the financial performance and situation of companies
• appreciate the flow of transactions through the business as shown by the accounting system
• be able to understand and assess the impact of business decisions on financial statements

Target group

BA and MA students, recent graduates

Credits info


Accommodation and meals are not included in the price.

Pay attention to book your accommodation in the city center, preferably in district 6 or 7 of Budapest, or if you want to stay at ELTE Dormitory, for further information, please visit our website: https://gti.elte.hu/sumuni/generalinfo


Application period: from 1 March to 30 June 2019
early bird application until 30 April, last minute application until 12 July

Course fee

  • until 30 April 2019 - 280 EUR/week with early bird application, 
  • from 1 May to 30 June 2019 full price: 350 EUR/week,
  • until 12 July 2019 - 390 EUR/week with last minute application

The fee includes:

- Tuition fees for the one-week course
- Course materials and equipment
- Academic programs
- Welcome reception

The course fee does not include accommodation, transportation or health insurance.


Contact information

If you have any questions, please contact us via e-mail: sumuni@gti.elte.hu