Opinto-opas

Osaamistavoitteet

The student is able to
- record business transactions into bookkeeping in a small company and draw up its profit/loss account and balance sheet
- calculate the amount of VAT payables
- analyze company's profitability, solidity and liquidity through financial ratios

Toteutustapa ja opetusmenetelmät

The course includes online lectures and assignments about financial accounting. Student learns the role, principles and concepts of financial accounting and understands its contribution to an organisation and company’s decision-making process. Student becomes familiar with practical implementation of financial accounting and knows how to prepare and read the financial statements.

Additionally, the course includes two seminar days on campus. The first one focuses on a simple business case and introduces students to accounting software. On the second seminar day, students will play a business game. The game will 1) clarify the real and money processes, and the connection between process optimization and business results, 2) communicate the significance of key performance indicators and financial reports and 3) Improve team-spirit and communication skills through the interaction during the business simulation.

At the end of the course there is an online review lecture and an online exam. Moodle exam on 25th of March from 8:30 to 9:30.

Ajoitus ja läsnäolo

The course will take place between weeks 2 and 12. Lectures on weeks 2-8 will be held online. Attending Zoom lectures is not mandatory, but active participation is recommended. The topic is important in future working life.

Susan's Snack Shack case & Netvisor seminar day will be held on week 10. Business game seminar day will be held on week 11. The seminars will be held on campus, and participation in both of these is mandatory.

Oppimateriaali ja suositeltava kirjallisuus

All course material is available in the Moodle learning environment.

Toteutuksen valinnaiset suoritustavat

The course is conducted only according to the presented model.

Uusintamahdollisuudet

Extra exams will be organized on 7th of April from 8:30 to 10:00 and on 28th of April from 8:30 to 10:00.

Oppimisympäristö

The learning environment is Moodle. In addition, we use modern tools related to the topic of the course.

Opiskelijan ajankäyttö ja kuormitus

This is a five-credit course, equivalent to 135 hours of student work.

Sisältö

Financial accounting:
- Review of business operations and processes
- Introduction to accounting
- Financial accounting and double-entry bookkeeping system
- The most important financial statements (income statements, balance sheet and cash flow statement) and financial ratios
Susan's Snack Shack case and Netvisor seminar: 1 day seminar
Business game: 1 day seminar
Review lectures and exam

Arviointimenetelmät

The course is evaluated on a scale of 1 to 5. You can get a total of 100 points from the course. In order to receive an approved grade for a course, you must a) receive 45% of the total points, i.e. a minimum of 45/100 points, and b) must pass the course exam satisfactorily. The grade for the course is calculated as follows: returned assignments 40% and exam 60%. The course exam and grade are calculated according to the following scoring:
- grade 5: 100,0-90,0 points
- grade 4: 89,9-78,0 points
- grade 3: 77,9-65,0 points
- grade 2: 64,9-55,0 points
- grade 1: 54,9-45,0 points
- failed: 44,9-0,0 points

Arviointiasteikko

1-5

Hylätty (0)

Rejected (fail) grade is given when the student has not achieved the learning objectives of the course. Student does not understand the essentials of Financial Accounting, is not able to show any learning outcomes in the exam and assignments.

Arviointikriteerit: taso 1: (arviointiasteikko 1-5)

Student understands the essentials of Financial Accounting, is able to show some learning outcomes in the exam and assignments. The student is able to use some professional concepts consistently. The student needs support in completing the assignments.

Arviointikriteerit: taso 3 (arviointiasteikko 1-5)

Student has good knowledge about the basic concepts of Financial Accounting, is able to show good learning outcomes in the exam and assignments. The student uses professional concepts fluently and extensively. The student still requires a little support in doing the assignments.

Arviointikriteerit: taso 5 (arviointiasteikko 1-5)

Student has excellent knowledge and understanding of the basic concepts of Financial Accounting, is able to show excellent learning outcomes in the exam and assignments. The student can independently acquire new knowledge and use professional concepts expertly. The student performs the tasks independently.