Accounting and Financial StatementLaajuus (5 cr)
Code: LL10033
Credits
5 op
Teaching language
- Finnish
Responsible person
- Aini Simola
Objective
The student will be able to:
- the principles of double-entry bookkeeping and the recording of transactions in accordance with the legislation and guidelines governing Finnish accounting and good accounting practice
- Accounting for value added tax and direct taxes.
- The principles of design and preparation of financial statements in accordance with company and accounting legislation.
- Accounting and financial reporting for small businesses using electronic financial management software.
Content
- Accounting categories and accounting rules, basics of double-entry bookkeeping,
- account opening and transaction recording
- accounting treatment of value added tax,
- accounting treatment of staff costs,
- cash discounts, bad debts, exchange rate differences, prepayments,
- valuation of assets and depreciation, depreciation and inventory changes
- the provisions on amortisation and valuation in the financial statements and the design of the financial statements
- the financial statements and related documents
Enrollment
01.10.2023 - 31.10.2023
Timing
29.01.2024 - 24.05.2024
Number of ECTS credits allocated
5 op
Mode of delivery
Contact teaching
Campus
Wärtsilä Campus Karjalankatu 3
Teaching languages
- Finnish
Seats
20 - 50
Degree programmes
- Degree Programme in Business Economics
Teachers
- Aini Simola
Teacher in charge
Aini Simola
Groups
-
LLNS22BBA, Business Economics, Full-time studies, Fall, 2022
Objective
The student will be able to:
- the principles of double-entry bookkeeping and the recording of transactions in accordance with the legislation and guidelines governing Finnish accounting and good accounting practice
- Accounting for value added tax and direct taxes.
- The principles of design and preparation of financial statements in accordance with company and accounting legislation.
- Accounting and financial reporting for small businesses using electronic financial management software.
Content
- Accounting categories and accounting rules, basics of double-entry bookkeeping,
- account opening and transaction recording
- accounting treatment of value added tax,
- accounting treatment of staff costs,
- cash discounts, bad debts, exchange rate differences, prepayments,
- valuation of assets and depreciation, depreciation and inventory changes
- the provisions on amortisation and valuation in the financial statements and the design of the financial statements
- the financial statements and related documents
Evaluation scale
H-5
Enrollment
01.10.2023 - 31.10.2023
Timing
08.01.2024 - 30.04.2024
Number of ECTS credits allocated
5 op
Mode of delivery
Contact teaching
Campus
Wärtsilä Campus Karjalankatu 3
Teaching languages
- Finnish
Seats
20 - 50
Degree programmes
- Degree Programme in Business Economics
Teachers
- Aini Simola
Teacher in charge
Aini Simola
Groups
-
LLAS22BBA, Business Economics, Blended learning, Fall, 2022
Objective
The student will be able to:
- the principles of double-entry bookkeeping and the recording of transactions in accordance with the legislation and guidelines governing Finnish accounting and good accounting practice
- Accounting for value added tax and direct taxes.
- The principles of design and preparation of financial statements in accordance with company and accounting legislation.
- Accounting and financial reporting for small businesses using electronic financial management software.
Content
- Accounting categories and accounting rules, basics of double-entry bookkeeping,
- account opening and transaction recording
- accounting treatment of value added tax,
- accounting treatment of staff costs,
- cash discounts, bad debts, exchange rate differences, prepayments,
- valuation of assets and depreciation, depreciation and inventory changes
- the provisions on amortisation and valuation in the financial statements and the design of the financial statements
- the financial statements and related documents
Evaluation scale
H-5