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Accounting (5 cr)

Code: LI00BJ45-3005

General information


Enrollment

19.08.2019 - 15.09.2019

Timing

02.09.2019 - 13.12.2019

Number of ECTS credits allocated

5 op

Mode of delivery

Contact teaching

Campus

Faculty of Business and Hospitality Management

Teaching languages

  • English

Degree programmes

  • Bachelor's Degree Programme in International Business

Teachers

  • Leea Kouhia

Groups

  • 04Z2HIBU19K
  • 04IBU19K
    , Lahti

Learning outcomes

The student is able to
- take care of the accounting of a small company and draw up the financial statements
- understand the principles of VAT
- recognise how product costs are formed and apply this knowledge in the analysis of company profitability

Implementation and methods of teaching

Contact lessons 3 h/week
Exercises
Mandatory individual assignment (s)
Group work
Feedback will be collected at the end of the course

Timing and attendance

Mandatory contact lessons according to the timetable
If absence, the student has to learn the topics handled independetly at home

Learning material and recommended literature

Course slides and exercise packages at reppu
Computer and calculator needed

Exam retakes

Normal paper exam at the end of the course
Retakes ( 2 possibilities) according to the timetable during one year

Learning environment

Campus
Home

Student time use and work load

Contact lessons 42 h
Individual assignment (s) 8 h
Group work 10 h
Distance learning 75 h

Contents

Accounting obligation and rules
Treatment of stock and fixed assets
Financial statements
Principles of value-added tax
Financial ratios

Additional information for students: previous knowledge etc.

-

Assessment criteria

Indivual assignment(s) 10 %
Group work 30 %
Written exam 60 %

Assessment scale

1-5

Failed (0)

The student can not implement accounting rules into practice and shows no understanding of accounting at all

Assessment criteria: level 1 (assessment scale 1–5)

The student can use basic accounting rules and understands the importance of accounting

Assessment criteria: level 3 (assessment scale 1–5)

The student can enter the business transactions correctly into bookkeeping and prepare financial statements

Assessment criteria: level 5 (assessment scale 1–5)

The student can enter the business transactions including VAT correctly into bookkeeping and intepret the financial statements through financial ratios