Basics of Business EconomicsLaajuus (5 cr)
Code: LL10006
Credits
5 op
Teaching language
- Finnish
Responsible person
- Aini Simola
Objective
Student understands:
- The financial processes of a company and how they work
- The role of financial management in the company's operations,
- The role of the company and its functions and the role of the company's business processes.
Students will be able to:
- Accounting basics, standard accounting entries, monthly VAT calculation and prepare a profit and loss account and balance sheet for a small business,
- The basics of taxation and the calculation of taxable income,
- How to analyse the financial situation of a business using the most common ratios.
Content
Basics of external accounting:
- The role of financial management in business and basic financial concepts
- basic logic of double-entry bookkeeping,
- VAT basics
- depreciation and inventory change
- the profit and loss account and balance sheet and the financial statements as a whole
- tax procedure and calculation of taxable income for the different types of companies
Enrollment
15.08.2024 - 30.09.2024
Timing
12.09.2024 - 20.12.2024
Number of ECTS credits allocated
5 op
Mode of delivery
Contact teaching
Campus
Wärtsilä Campus Karjalankatu 3
Teaching languages
- Finnish
Seats
20 - 90
Degree programmes
- Degree Programme in Business Economics
Teachers
- Aini Simola
Teacher in charge
Aini Simola
Groups
-
LLAS24BBA, Business Economics, Blended learning, Fall, 2024
Objective
Student understands:
- The financial processes of a company and how they work
- The role of financial management in the company's operations,
- The role of the company and its functions and the role of the company's business processes.
Students will be able to:
- Accounting basics, standard accounting entries, monthly VAT calculation and prepare a profit and loss account and balance sheet for a small business,
- The basics of taxation and the calculation of taxable income,
- How to analyse the financial situation of a business using the most common ratios.
Content
Basics of external accounting:
- The role of financial management in business and basic financial concepts
- basic logic of double-entry bookkeeping,
- VAT basics
- depreciation and inventory change
- the profit and loss account and balance sheet and the financial statements as a whole
- tax procedure and calculation of taxable income for the different types of companies
Evaluation scale
H-5
Enrollment
15.08.2024 - 30.09.2024
Timing
19.08.2024 - 20.12.2024
Number of ECTS credits allocated
5 op
Mode of delivery
Contact teaching
Campus
Wärtsilä Campus Karjalankatu 3
Teaching languages
- Finnish
Seats
20 - 90
Degree programmes
- Degree Programme in Business Economics
Teachers
- Aini Simola
Teacher in charge
Aini Simola
Groups
-
LLNS24BBA, Business Economics, Full-time studies, Fall, 2024
Objective
Student understands:
- The financial processes of a company and how they work
- The role of financial management in the company's operations,
- The role of the company and its functions and the role of the company's business processes.
Students will be able to:
- Accounting basics, standard accounting entries, monthly VAT calculation and prepare a profit and loss account and balance sheet for a small business,
- The basics of taxation and the calculation of taxable income,
- How to analyse the financial situation of a business using the most common ratios.
Content
Basics of external accounting:
- The role of financial management in business and basic financial concepts
- basic logic of double-entry bookkeeping,
- VAT basics
- depreciation and inventory change
- the profit and loss account and balance sheet and the financial statements as a whole
- tax procedure and calculation of taxable income for the different types of companies
Evaluation scale
H-5
Enrollment
15.08.2023 - 30.09.2023
Timing
14.09.2023 - 08.12.2023
Number of ECTS credits allocated
5 op
Mode of delivery
Contact teaching
Campus
Wärtsilä Campus Karjalankatu 3
Teaching languages
- Finnish
Seats
20 - 90
Degree programmes
- Degree Programme in Business Economics
Teachers
- Aini Simola
Teacher in charge
Aini Simola
Groups
-
LLAS23BBA, Business Economics, Blended learning, Fall, 2023
Objective
Student understands:
- The financial processes of a company and how they work
- The role of financial management in the company's operations,
- The role of the company and its functions and the role of the company's business processes.
Students will be able to:
- Accounting basics, standard accounting entries, monthly VAT calculation and prepare a profit and loss account and balance sheet for a small business,
- The basics of taxation and the calculation of taxable income,
- How to analyse the financial situation of a business using the most common ratios.
Content
Basics of external accounting:
- The role of financial management in business and basic financial concepts
- basic logic of double-entry bookkeeping,
- VAT basics
- depreciation and inventory change
- the profit and loss account and balance sheet and the financial statements as a whole
- tax procedure and calculation of taxable income for the different types of companies
Evaluation scale
H-5
Enrollment
15.08.2023 - 30.09.2023
Timing
21.08.2023 - 30.11.2023
Number of ECTS credits allocated
5 op
Mode of delivery
Contact teaching
Campus
Wärtsilä Campus Karjalankatu 3
Teaching languages
- Finnish
Seats
20 - 90
Degree programmes
- Degree Programme in Business Economics
Teachers
- Aini Simola
Teacher in charge
Aini Simola
Groups
-
LLNS23BBA, Business Economics, Full-time studies, Fall, 2023
Objective
Student understands:
- The financial processes of a company and how they work
- The role of financial management in the company's operations,
- The role of the company and its functions and the role of the company's business processes.
Students will be able to:
- Accounting basics, standard accounting entries, monthly VAT calculation and prepare a profit and loss account and balance sheet for a small business,
- The basics of taxation and the calculation of taxable income,
- How to analyse the financial situation of a business using the most common ratios.
Content
Basics of external accounting:
- The role of financial management in business and basic financial concepts
- basic logic of double-entry bookkeeping,
- VAT basics
- depreciation and inventory change
- the profit and loss account and balance sheet and the financial statements as a whole
- tax procedure and calculation of taxable income for the different types of companies
Evaluation scale
H-5
Enrollment
01.04.2022 - 30.09.2022
Timing
24.08.2022 - 11.12.2022
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
Student understands:
- The financial processes of a company and how they work
- The role of financial management in the company's operations,
- The role of the company and its functions and the role of the company's business processes.
Students will be able to:
- Accounting basics, standard accounting entries, monthly VAT calculation and prepare a profit and loss account and balance sheet for a small business,
- The basics of taxation and the calculation of taxable income,
- How to analyse the financial situation of a business using the most common ratios.
Content
Basics of external accounting:
- The role of financial management in business and basic financial concepts
- basic logic of double-entry bookkeeping,
- VAT basics
- depreciation and inventory change
- the profit and loss account and balance sheet and the financial statements as a whole
- tax procedure and calculation of taxable income for the different types of companies
Evaluation scale
H-5
Enrollment
01.04.2022 - 30.09.2022
Timing
22.08.2022 - 31.12.2022
Number of ECTS credits allocated
5 op
Mode of delivery
Contact teaching
Campus
Wärtsilä Campus Karjalankatu 3
Teaching languages
- Finnish
Seats
20 - 90
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
Student understands:
- The financial processes of a company and how they work
- The role of financial management in the company's operations,
- The role of the company and its functions and the role of the company's business processes.
Students will be able to:
- Accounting basics, standard accounting entries, monthly VAT calculation and prepare a profit and loss account and balance sheet for a small business,
- The basics of taxation and the calculation of taxable income,
- How to analyse the financial situation of a business using the most common ratios.
Content
Basics of external accounting:
- The role of financial management in business and basic financial concepts
- basic logic of double-entry bookkeeping,
- VAT basics
- depreciation and inventory change
- the profit and loss account and balance sheet and the financial statements as a whole
- tax procedure and calculation of taxable income for the different types of companies
Evaluation scale
H-5