Accounting (5 cr)
Code: LI00BJ45-3009
General information
Enrollment
25.11.2019 - 19.02.2020
Timing
01.01.2020 - 31.05.2020
Number of ECTS credits allocated
5 op
Mode of delivery
Contact teaching
Campus
Lahti Campus
Teaching languages
- English
Degree programmes
- Bachelor's Degree Programme in International Business
Teachers
- Leea Kouhia
Groups
-
04IBU19S, 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) passed/failed
Group work 30 %
Written exam 70 %
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