Group accountingLaajuus (5 cr)

Objective

You are able to define the obligation to prepare the consolidated financial statements and the content of these reports.
You are able to consolidate internal transactions and holdings.
You are able to to prepare consolidated financial statements for a small group.
You are able to prepare and analyse the financial reports of listed companies in Finnish and in English.

Content

When is it obligatory to prepare consolidated financial statements?
How to prepare the consolidated income statement, balance sheet and appendices?
How to consolidate internal transactions and holdings?
How to prepare and analyse the financial reports of group companies in Finnish and in English?

Qualifications

Accounting studies, or equivalent knowledge.

Materials

IFRS and enterprise arrangements.

Evaluation

Students can
a. use professional vocabulary and concepts in an expert way
b. evaluate information sources critically
e. choose appropriate models, methods, software and techniques according to the purpose and justify these choices
g. apply critically the ethical principles of the professional field