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

Bettner, Mark S.(2015), Using accounting & financial information: analyzing, forecasting & decision making (available as ebook in turkuamk.finna.fi)

Teaching methods

Online meetings
Exercises and course tasks
Exam
Group meetings

International connections

innopeda
learning pyramid
flipped classroom

Student workload

Complementary study material will be presented during the course in itslearning

Content scheduling

the nature, functions, scope and principles of accounting
income statement and balance sheet
analysing financial statements

Course size: 5 ECTS

Financial reporting
Financial Analysis
Corporate Financing
Capital Budgeting
Each theme consists: introduction material in Itslearning,exercises, small group meetings
Final Examination

Evaluation scale

H-5

Assessment methods and criteria

Evaluation is based on exercises and final examation.
All exercises must be timely done and returned to itslearning: Grade score 1-5.
All the exercises need to be returned!
Course may be passed with grade 1-3 by returning the exercises.
Final examination can only add to points earned and help to get a better grade, 3-5.

Assessment criteria, fail (0)

Exercises not done or not participated in small group mtgs

Assessment criteria, satisfactory (1-2)

Grade 1-2 can be earned by points from the assignments in Itslearning.

Assessment criteria, good (3-4)

Points from exercises and additional points from final examination earning grade 3-4

Assessment criteria, excellent (5)

Points from exercises and additional points from final examination earning grade 5.