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

Materials

All needed study material will be presented during the course in the Optima

Teaching methods

online studies

Exam schedules

Final assignment on the last week of the course

Completion alternatives

none

Student workload

Video lectures 10%
Exercises 25%
Quizs 5%
Group meetings 20%
Final assignment 40%

Content scheduling

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

Course size: 5 ECTS
Course consist 5 separate themes
CVP & Pricing
Financial Planning
Working Capital
Capital Budgeting
Financial Analysis
Each theme consists: introduction material (videos & printed), exercises, small group meetings
Each theme is evaluated by quizz (graded 1-5)
At the end of the course is the final assignment where is tested all 5 themes (graded 1-5)

Evaluation scale

H-5

Assessment methods and criteria

Evaluation contains three elements:
1. Exercises & Small Group Meetings: All exercises must be done and returned to Optima & Memos on group meetings returned to Optima: Grade fail/pass. Prerequisite to get evaluated!
2. Quizzs: Grade 1-5 (weight x1)
3. Final Case: Grade 1-5 (weight x3)

Assessment criteria, satisfactory (1-2)

Exercises done & approved.
Quizzs passed with grade 1-2
Final case is done according to specifiacations

Assessment criteria, good (3-4)

Exercises done & approved.
Quizzs passed
Final case is done according to specifiacations and student shows how theory is connected with case data and giving reasons behind (own thinking)

Assessment criteria, excellent (5)

Exercises done & approved.
Quizzs passed
Final case is done according to specifiacations and student shows how theory is connected with case data and giving reasons behind (own thinking)
And for overall student shows deeper expertise in the case and is able apply real case data