Financial AccountingLaajuus (5 cr)

Objective

The student learns how to record business transactions according to the double entry bookkeeping method. He/she also learns how to apply the basic rules and regulations of value added tax. The student learns how to close the books at the end of the financial year and produce financial statements. The student also learns how to find information about the rules and methods of Good Accounting Practice.

Content

Double entry bookkeeping Profit and loss account and balance sheet Accruals and matching The basics of value added tax Closing the books