Advanced Bookkeeping and Balance of AccountsLaajuus (5 ECTS)

Objective

On completion of the course the student has updated and deepened her/his knowledge on financial management legislation, on bookkeeping as well as on balancing the accounts.
Her/his skills for analyzing financial information have been enhanced.

Content

- The legislation of financial management and its renewal
- Reporting financial statements
- Accounting principles of the parent company financial statements
- Standardization of financial statements
- Analysis of key financial figures
- Statement of financial position and cash flow

Assessment criteria, satisfactory (1)

Sufficient performance: the student has completed basic requirements to pass the course and has demonstrated some ability to apply knowledge in the learning assignments related to working life. His/her analytical skills and/or the development approach need major improvement.

Assessment criteria, good (3)

Good overall performance by the student in course work. The student has been an active learner as an individual and in teams. S/he has demonstrated how to apply knowledge in the learning assignments related to analysing and developing working life.

Assessment criteria, excellent (5)

The student has shown excellent performance in all elements of the course. S/he has shown motivation and interest in individual and team learning as well as in sharing one’s expertise. The student has demonstrated well and creatively how to apply knowledge in the learning assignments related to analysing and developing working life.

Assessment criteria, approved/failed

Sufficient performance: the student has completed basic requirements to pass the course and has demonstrated some ability to apply knowledge in the learning assignments related to working life. His/her analytical skills and/or the development approach need major improvement.

Further information

The course is assessed on the 0 (failed) – 5 (excellent) grading scale. Assessment is based on an exam (50 %) and learning assignments (50 %).
Teaching methods: lecturers, individual studying, compulsory assignment and additional assignments, exam, feedback to the learning assignment and exam.