Basics of Business Economics (5 cr)
Code: LL10006-3003
General information
- Enrollment
- 15.08.2023 - 30.09.2023
- Registration for the implementation has ended.
- Timing
- 21.08.2023 - 30.11.2023
- Implementation has ended.
- Number of ECTS credits allocated
- 5 cr
- Local portion
- 5 cr
- Mode of delivery
- Contact learning
- Unit
- Tradenomikoulutus / Liiketalous (LL)
- 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
- Course
- LL10006
Evaluation scale
H-5
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