Business Accounting (5 ECTS)

Code: LC00EG62-3008

General information

Enrollment: 07.12.2021 - 09.01.2022; Registration for the implementation has ended.

Timing: 12.01.2022 - 15.05.2022; Implementation has ended.

Number of ECTS credits allocated: 5 ECTS

Virtual portion: 2 ECTS

Unit: (2019-2024) School of Business

Campus: Leiritie 1

Teaching languages: English

Seats: 20 - 35

Degree programmes: Degree Programme in European Business Administration

Teachers: Tero Hujala

Teacher in charge: Suvi Moll

Groups: LXA21_B
Half of LXA21 cohorts present, GROUP B

Course: LC00EG62

No reservations found for implementation LC00EG62-3008!

Objective

Upon completion of the course, the student is able to comprehend general accounting principles and to construct an income statement and balance sheet. The student is able to interpret financial statements. Analysis of published financial accounts is also featured, such that students will apply standard evaluation techniques employed by accounting and finance professionals in the appraisal of company performance.

Content

Accounting principles;
Understanding the income statement, balance sheet and cash flow statements;
Asset valuation;
Depreciation and other non-cash adjustments;
Interpreting financial statements

Materials

Accounting An Introduction: McLaney, E. Atrill, P
Other materials distributed in course

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.