Opinto-opas

Objective

Upon completion of the course students will be able to apply the basic principles of accounting and prepare a small company’s income statement and balance sheet. The student will be able to interpret information contained in a financial statement. The student will be able to create a budget for a company for business planning and make profitability calculations.

Content

- Bookkeeping and the general principles of accounting
- Preparing and interpreting income statements and balance sheets
- Common key figures
- Budgeting
- Profitability calculations

Materials

Jormakka-Koivusalo-Lappalainen-Niskanen: Laskentatoimi, Edita 2015

Teaching methods

Guided assignments
Interactive lecture
Individual learning assignments

Completion alternatives

Exam 100 %

Further information

Tuition in Finnish

Evaluation scale

0-5

Assessment criteria, satisfactory (1)

The student has achieved the course objectives fairly. The student 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)

The student has achieved the course objectives well, even though the knowledge and skills need improvement on some areas. The student is able to define the course concepts and models and are able to justify the analysis. The student is able to apply his/her 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)

The student has achieved the objectives of the course with excellent marks. The student masters commendably the course subject area’s concepts and models. The student is able to make justified and fluent analysis and to present concrete development measures. The student is well prepared to apply his/her knowledge in leisure, study and work situations. The student is able to analyze the business sector expertise and the development of his/her own expertise.

Assessment criteria, approved/failed

The student has achieved the course objectives fairly. The student 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 methods and criteria

Learning assignments 50 %
Exam 50 %