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

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