Financial AccountingLaajuus (5 cr)

Objective

Students can demonstrate their know-how in the professional vocabulary related to financial accounting and value added tax system. Students can apply the basic principles of financial accounting when preparing the financial statements of a small enterprise. Students can take into account the effects of value added tax system in financial accounting as well as in financial statements. 

Content

How to identify and record business transactions in financial accounting? How to draw up an income statement and a balance sheet? How does the value added tax system influence financial accounting and financial statements? 

Qualifications

No prerequisites. 

Assessment criteria, good (3)

a. Students can systematically use professional vocabulary related to financial accounting. c. Students can identify interrelated tasks. e. Students can use the key methods, software and techniques of the financial accounting field.