Finance Processes and SystemsLaajuus (6 ECTS)
Course unit code: LE00AA52
General information
- Credits
- 6 ECTS
Objective
On completion of the course the student will be able to use a financial information management system (Nova or similar) in the various processes of a company. He or she will also know how to use an ERP system within the financial administration. The student will know the basics of the procurement process of IT systems. The student will be able to assess presentations critically in a numerical format. He or she will be able to use Excel spreadsheets as an effective tool and interpret the presentations produced with it.
Content
- usage of a financial information management system (Nova or similar)
- ERP system in finance administration
- basics of procurement process of IT systems
- finance spreadsheets, charts and models in Excel
- presentation of financial information, financial analysis and reliability
- utilizing financial formulas in problem-solving
Qualifications
Introduction to Financial Accounting
Assessment criteria, satisfactory (1)
Students have achieved the course objectives fairly. Students will be able to identify, define and use the course subject area’s concepts and models. The student understands the criteria and principles of the expertise development.
Assessment criteria, good (3)
Students have achieved the course objectives well, even though the knowledge and skills need improvement on some areas. Students are able to define the course concepts and models and are able to justify the analysis. The student is able to apply their knowledge in leisure, study and work situations. The student understands the importance of expertise in the field of business and is able to analyze his/her own expertise.
Assessment criteria, excellent (5)
Students have achieved the objectives of the course with excellent marks. Students master commendably the course subject area’s concepts and models. Students are able to make justified and fluent analysis and to present concrete development measures. The students are well prepared to apply their knowledge in leisure, study and work situations. Students are able to analyze the business sector expertise and the evolvement of their own expertise.