Introduction to Accounting (5 cr)

Objective

Students will be aware of the significance of bookkeeping and accounting as a part of entrepreneurial activities. They will know the basic principles of compiling accounts and financial statements. Additionally they will be able to assess a company's financial situation based on the profit and loss statement and balance sheet as well as understanding the significance of the financial statement as the basis of corporate taxation.

Content

Accounting as a part of business operations
Double-entry bookkeeping
Financial statement structure
ADP bookkeeping
The basics of VAT and company taxation
Introduction to financial statement analysis

Location and time

Verkko-oppimisympäristössä tapahtuva itsenäinen opiskelu. Opintojakson voi suorittaa kokonaisuudessaan itsenäisesti oman aikataulun mukaisesti.

Materials

Oppikirja: Jormakka, Raija – Koivusalo, Kaija – Lappalainen, Jaana – Niskanen, Mervi. (7.-8., uudistettu painos, 2022). Laskentatoimi. Edita.
Muu ReppuMoodlessa mainittu materiaali.

Teaching methods

Verkko-opinnot

Student workload

Opintojakso on 5 opintopisteen laajuinen. 5 opintopistettä vastaa n. 135 opiskelijan työtuntia.

Evaluation scale

0 - 5

Assessment criteria, excellent (5)

The student:
knows the basic principles of accounting and financial statements
can interpret and draw conclusions on financial statements using financial ratios
can use accounting technics independently and judge them critically

Assessment criteria, good (3)

The student:
knows the basic priciples of accounting and financial statements
can interpret financial ratios and prepare financial statements
can use accounting technics independently

Assessment criteria, satisfactory (1)

The student recognizes the significance of accounting and financial statements in economic follow-up
The student knows the basic principles of accounting and financial statements and can calculate financial ratios

Assessment criteria, excellent (5)

Opiskelija osaa kirjanpidon ja tilinpäätöksen perusperiaatteet.
Opiskelija osaa tulkita ja tehdä johtopäätöksiä tilinpäätöksestä tunnuslukujen avulla.
Opiskelija käyttää toiminnassaan itsenäisesti kirjanpidon tekniikoita ja arvioi niitä kriittisesti.

Toteutuksen arviointikriteerit, hyvä (3-4)

Opiskelija osaa kirjanpidon ja tilinpäätöksen perusperiaatteet.
Opiskelija osaa tulkita tilinpäätöksen tunnuslukuja ja laatia tilinpäätöksen.
Opiskelija käyttää toiminnassaan itsenäisesti kirjanpidon tekniikoita.

Assessment criteria, satisfactory (1)

Opiskelija tunnistaa kirjanpidon ja tilinpäätöksen merkityksen yrityksen talouden seurannassa.
Opiskelija osaa kirjanpidon ja tilinpäätöksen perusperiaatteet, sekä osaa laskea tilinpäätöksen tunnuslukuja.

Objective

Students will be aware of the significance of bookkeeping and accounting as a part of entrepreneurial activities. They will know the basic principles of compiling accounts and financial statements. Additionally they will be able to assess a company's financial situation based on the profit and loss statement and balance sheet as well as understanding the significance of the financial statement as the basis of corporate taxation.

Accomplishment methods

The course requires 135 hours of student work.

Content

Accounting as a part of business operations
Double-entry bookkeeping
Financial statement structure
ADP bookkeeping
The basics of VAT and company taxation
Introduction to financial statement analysis