Study Guide

Objective

The student
- knows and understands the accounting principles governing the measurement and documenting process of business entity's events and results
- has gained practical skillsin budgeting and financial reporting
- understands the importance of financial statements in the decision-making process and in the estimation of the company's assets and performance

Content

- the nature, functions, scope and principles of accounting
- financial accounting, book-keeping, income statement and balance sheet
- management accounting, budgeting

Teaching methods

Complementary study material will be presented during the course in itslearning

International connections

innopeda
learning pyramid
flipped classroom

Content scheduling

Course assignments will be described in Itslearning
platform and introduced during the course.
Learning tasks and exercises in Itslearning
Small group team work
Individual or group learning
Study journal with self assessment
Peer assessment
Final exam

Evaluation scale

H-5

Assessment methods and criteria

Evaluation contains two elements:
1. Exercises: All exercises must be timely done and returned to itslearning: Grade score 1-5.
All the exercises need to be returned!
2. Exam: Grade 1-5
Final course grade is the average of the two elements with scale 1-5.

Assessment criteria, fail (0)

Exercises not done or not participated in small group team work
or
Exam not passed (0)

Assessment criteria, satisfactory (1-2)

Suomeksi
Exercises done with grade and exam passed with grade average 1-2

Assessment criteria, good (3-4)

Exercises done with grade and exam passed with grade average 3-4

Assessment criteria, excellent (5)

Exercises done with grade and exam passed with grade average 5

Objective

The student
- knows and understands the accounting principles governing the measurement and documenting process of business entity's events and results
- has gained practical skillsin budgeting and financial reporting
- understands the importance of financial statements in the decision-making process and in the estimation of the company's assets and performance

Content

- the nature, functions, scope and principles of accounting
- financial accounting, book-keeping, income statement and balance sheet
- management accounting, budgeting

Materials

Bettner, Mark S.(2015), Using accounting & financial information: analyzing, forecasting & decision making (available as ebook in turkuamk.finna.fi)

Teaching methods

Online meetings
Exercises and course tasks
Exam
Group meetings

International connections

innopeda
learning pyramid
flipped classroom

Student workload

Complementary study material will be presented during the course in itslearning

Content scheduling

the nature, functions, scope and principles of accounting
income statement and balance sheet
analysing financial statements

Course size: 5 ECTS

Financial reporting
Financial Analysis
Corporate Financing
Capital Budgeting
Each theme consists: introduction material in Itslearning,exercises, small group meetings
Final Examination

Evaluation scale

H-5

Assessment methods and criteria

Evaluation is based on exercises and final examation.
All exercises must be timely done and returned to itslearning: Grade score 1-5.
All the exercises need to be returned!
Course may be passed with grade 1-3 by returning the exercises.
Final examination can only add to points earned and help to get a better grade, 3-5.

Assessment criteria, fail (0)

Exercises not done or not participated in small group mtgs

Assessment criteria, satisfactory (1-2)

Grade 1-2 can be earned by points from the assignments in Itslearning.

Assessment criteria, good (3-4)

Points from exercises and additional points from final examination earning grade 3-4

Assessment criteria, excellent (5)

Points from exercises and additional points from final examination earning grade 5.

Objective

The student
- knows and understands the accounting principles governing the measurement and documenting process of business entity's events and results
- has gained practical skillsin budgeting and financial reporting
- understands the importance of financial statements in the decision-making process and in the estimation of the company's assets and performance

Content

- the nature, functions, scope and principles of accounting
- financial accounting, book-keeping, income statement and balance sheet
- management accounting, budgeting

Materials

Ebooks:
Bettner, Mark S.(2015), Using accounting & financial information: analyzing, forecasting & decision making (available as ebook in turkuamk.finna.fi)
Complementary study material will be presented during the course in itslearning

Teaching methods

online studies

Completion alternatives

none

Student workload

Video lectures
Exercises
Exam
Group meetings

Content scheduling

the nature, functions, scope and principles of accounting
income statement and balance sheet
management accounting, analysing financial statements

Course size: 5 ECTS
Course consist 5 separate themes
Financial reporting
Financial Analysis
Corporate Financing
Each theme consists: introduction material in Itslearning, videos, exercises, small group meetings
Final Examination

Evaluation scale

H-5

Assessment methods and criteria

Evaluation contains three elements:
1. Exercises: All exercises must be done and returned to itslearning: Grade score/5. All the exercises need to be returned!
2. Exam: Grade 1-5 (weight x1)

Assessment criteria, satisfactory (1-2)

Exercises done & approved.
Exam passed with grade 1-2

Assessment criteria, good (3-4)

Exercises done & approved.
Exam passed with grade 3-4

Assessment criteria, excellent (5)

Exercises done & approved.
Exam passed with grade 5