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

Teaching methods

Complementary study material will be presented during the course in itslearning

International connections

innopeda
learning pyramid
flipped classroom

Content scheduling

Course assignments will be described in Itslearning
platform and introduced during the course.
Learning tasks and exercises in Itslearning
Small group team work
Individual or group learning
Study journal with self assessment
Peer assessment
Final exam

Evaluation scale

H-5

Assessment methods and criteria

Evaluation contains two elements:
1. Exercises: All exercises must be timely done and returned to itslearning: Grade score 1-5.
All the exercises need to be returned!
2. Exam: Grade 1-5
Final course grade is the average of the two elements with scale 1-5.

Assessment criteria, fail (0)

Exercises not done or not participated in small group team work
or
Exam not passed (0)

Assessment criteria, satisfactory (1-2)

Suomeksi
Exercises done with grade and exam passed with grade average 1-2

Assessment criteria, good (3-4)

Exercises done with grade and exam passed with grade average 3-4

Assessment criteria, excellent (5)

Exercises done with grade and exam passed with grade average 5