Basics of Financial Management (5 cr)

Evaluation scale

0 - 5

Objective

The student knows the basics of financial management processes and responsible business.
The student is familiar with different types of companies legal form.
The student knows the basic principles of accounting and financial reporting.
The student can analyse the financial situation of a company through the profit and loss account and the balance sheet.
The student understands sustainability reporting at a general level.

Execution methods

To be announced at the beginning of the course

Accomplishment methods

To be announced at the beginning of the course

Content

Financial management and processes in responsible business
Legal forms
Double-entry bookkeeping
Structure of financial statements
VAT basics
Basics of payroll accounting
Basics of financial statement analysis
Overview of sustainability reporting

Materials

To be announced at the beginning of the course

Assessment criteria, satisfactory (1)

The student knows the basics of financial management processes and responsible business operations, as well as business forms. Students will know the basic principles of accounting and financial reporting and will be able to analyse the financial situation of a company.

Assessment criteria, good (3)

The student has a good understanding of financial management processes and the basics of responsible business and business forms. The student has a good knowledge of the basic principles of accounting and financial reporting and is able to analyse the financial situation of a company.

Assessment criteria, excellent (5)

The student has a very good understanding of the basics of financial management processes and responsible business practices and forms of business. The student has a good understanding of the basic principles of accounting and financial reporting and are able to analyse the financial situation of a company.