Basics of AccountingLaajuus (3 ECTS)

Objective

On completion of the course, the student will understand the principles of accounting and balance of books. The student will understand the logics of accounting in a small company. The student will be able to enter typical transactions to an account scheme and balance the books.

Content

- Principles of accounting and balancing the books
- Account scheme
- Value-added tax in accounting
- Balancing the books with current and fixed assets sectioning

Assessment criteria, satisfactory (1)

The student has basic knowledge of the principles of accounting. The student can enter typical transactions to an account scheme and balance the books.

Assessment criteria, good (3)

The student has knowledge of the principles of accounting. The student can enter typical transactions to an account scheme and balance the books.

Assessment criteria, excellent (5)

The student has good knowledge and skills in basic principles and logics of accounting. He/she can enter typical transactions to an account scheme and balance the books.