Business Accounting (5 cr)
Code: LC00EG62-3016
General information
Enrollment
04.12.2023 - 07.01.2024
Timing
15.01.2024 - 24.05.2024
Number of ECTS credits allocated
5 op
Mode of delivery
Contact teaching
Unit
School of Business
Campus
Leiritie 1
Teaching languages
- English
Seats
20 - 35
Degree programmes
- Degree Programme in International Business and Logistics
Teachers
- Tero Hujala
Teacher in charge
Suvi Moll
Groups
-
LXC23_AHalf of LXC23 cohorts present, GROUP A
-
LXC23_CPart of the LXC23 cohort starting in spring 2024, GROUP C
-
LXA23_CPart of the LXA23 cohorts starting in spring 2024, GROUP C
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 and Finance, An Introduction: McLaney, E. Atrill, P.
Eight edition published 2016
Books and e-books in Metropolia library.
Accounting and Finance, An Introduction: McLaney, E. Atrill, P.
Tenth edition published 2020
Books in Metropolia library.
Teaching methods
Lectures and assignments. Compulsory attendance.
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.