•   Accounting and Finance 3011529-3004 10.01.2022-31.05.2022  5 credits  (PINBOS21) +-
    Competence objectives of study unit
    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 of study unit
    - the nature, functions, scope and principles of accounting

    - financial accounting, book-keeping, income statement and balance sheet

    - management accounting, budgeting
    Teacher(s) in charge

    Pia Lindman, Sami Nummela

    Learning material

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

    Learning methods

    online studies

    Objects, timing and methods of assessment

    Evaluation contains three elements:
    1. Exercises: All exercises must be done and returned to itslearning: Grade fail/pass. Prerequisite to get evaluated!
    2. Exam: Grade 1-5 (weight x1)
    3. Final Assignment (Real Game): Grade 1-5 (weight x1)

    Final grade of the course will be the mathematical average of points 2 & 3

    Teaching language

    English

    Timing

    10.01.2022 - 31.05.2022

    Enrollment date range

    02.12.2021 - 16.01.2022

    Group(s)
    • PINBOS21
    Responsible unit

    Liiketalous (not translated)

    Degree Programme(s)

    Degree Programme in International Business (not translated)

    Campus

    Location-independent

    Share of online studies

    5 credits

    Assessment scale

    H-5

    Alternative methods of attainment for implementation

    none

    Exam dates and retake possibilities

    Theory exam 6.5.21
    Final assignment during the last three weeks of the course

    Student's schedule and workload

    Video lectures 10%
    Exercises 35%
    Exam 5%
    Group meetings 20%
    Final task (Real Game) 30%

    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 exam (graded 1-5)
    At the end of the course we play online business simulation game (Real Game) with given tasks (graded 1-5)

    Assessment criteria
    Failed (0)

    Exercises not done or not participated in small group mtgs
    or
    Exam not passed (0)
    or
    final case not passed (0) (not translated)

    Assessment criteria – satisfactory (1-2)

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

    Assessment criteria – good (3-4)

    Exercises done & approved.
    Exam passed with grade 3-4
    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.
    Exam passed with grade 5
    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