Accounting and Finance (5 cr)
Code: 3011529-3006
General information
Enrollment
02.12.2023 - 07.03.2024
Timing
01.01.2024 - 31.07.2024
Number of ECTS credits allocated
5 op
Mode of delivery
Contact teaching
Unit
Engineering and Business
Campus
Location-independent
Teaching languages
- English
Degree programmes
Teachers
- Sami Nummela
Groups
-
PINBOS23
- 14.03.2024 15:00 - 16:00, Accounting and Finance 3011529-3006
- 26.03.2024 15:00 - 16:00, Accounting and Finance 3011529-3006
- 27.03.2024 15:00 - 18:00, Accounting and Finance 3011529-3006
- 16.04.2024 15:00 - 16:00, Accounting and Finance 3011529-3006
- 17.04.2024 15:00 - 18:00, Accounting and Finance 3011529-3006
- 02.05.2024 15:00 - 16:00, Accounting and Finance 3011529-3006
- 14.05.2024 15:00 - 18:00, Accounting and Finance 3011529-3006
- 15.05.2024 15:00 - 18:00, Accounting and Finance 3011529-3006
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
Preliminary plan for timing of the course sessions:
14.3.2024 Financial Reporting and Corporate Finance (all group meeting)
26.3.2024. Corporate Finance (all group meeting)
27.3.2024 Corporate Finance (small group meetings)
16.-17.4.2024 Profitable Business, CVP & Pricing (small group meetings)
2.5.2024 Profitable Business and Financial Analysis (small group meetings)
14.5.2024 Capital Budgeting (small group meetings)
15.5.2024 Capital Budgeting (small group meetings)
Evaluation scale
H-5
Assessment methods and criteria
Evaluation is based on exercises.
All exercises must be timely done and returned to itslearning: Grade score 1-5.
All the exercises need to be returned!
Assessment criteria, fail (0)
Exercises not done or not participated in small group mtgs
Assessment criteria, satisfactory (1-2)
Grade of exercises 1-2
Assessment criteria, good (3-4)
Grade of exercises 3-4
Assessment criteria, excellent (5)
Grade of exercises 5