Financial CompetenceLaajuus (5 cr)

Objective

The student learns to produce and use accounting information that supports the decision-making of an enterprise.The student learns to plan and analyze the profitability of a business and to draw up budgets.The student recognizes the statutory responsibilities of financial accountingand learns to record transactions in double-entry bookkeeping system.

Content

Basic concepts related to financial process of an enterpriseFinancial and Management accountingPlanning and analyzing the profitability of an enterpriseBasics ofbudgetingCost-Volume-Profit analysisBasic methods of double-entry bookkeepingStructure and contents of income statement and balance sheet