| Résume||We give an introduction to the Farrell-Jones Conjecture which aims at the algebraic K- and L-theory of group rings. It is analogous to the Baum-Connes Conjecture about the topological K-theory of reduced group C^*-algebras. We report on the substantial progress about the Farrell-Jones Conjecture which was made in the last years, it is meanwhile known for
hyperbolic groups, CAT(0)-groups, S-arithmetic groups and lattices in almost connected Lie groups. We give a survey on its applications, for instance to the Novikov Conjecture, the Borel Conjecture and the classification of hyperbolic groups with a sphere of dimension greater or equal to five as boundary.