Financial Accounting in Different Forms of Companies and OrganizationsLaajuus (5 op)

Osaamistavoitteet

Student -knows the different business forms and can explain them from an accounting point of view -can take care of the financial accounting for private traders, partnerships, limited liability companies, non-profit organizations and other business structures. -can carry out transactions regarding a certain corporate form, e.g. share issues, dividends, liquidation -knows the procedure when changing the business structure -knows the difference between accounting in private and public sector -knows the importance of accounting for sustainability and corporate social responsibility

Sisältö

-accruals -issues of equity, dividends, funds -period end closing in different company forms and organizations -financial management in public sector -IT solutions for book-keeping in different company forms -Human Resource-accounting, social accounting and environmental accounting

Edeltävä osaaminen

Basics of Financial Accounting

Arviointikriteerit, tyydyttävä (1)

Students can distinguish between different types of company forms and understand similarities and differences in accounting and financial statements between them. Students understand the meaning of accruals and can prepare simpler financial statements for smaller companies in Finland. Students are familiar with the procedure of changing company form. Students are familiar about HR accounting, social accounting and environmental accounting.

Arviointikriteerit, hyvä (3)

Students can handle accounting and prepare financial statements for sole proprietors, partnerships, limited liability companies, cooperatives, non-profit organizations and other business forms. They should also be familiar with the characteristics that characterize public financial management. Students can perform simpler accruals and the financial planning for different company forms with the application of current Finnish legislation. Students can describe the procedure for changing company form both from an administrative and business perspective. Students can describe what HR accounting, social accounting and environmental accounting is about.

Arviointikriteerit, kiitettävä (5)

Students can independently handle accounting and prepare financial statements for sole proprietors, partnerships, limited liability companies, cooperatives, non-profit organizations and other business forms. They should also be very familiar with the characteristics that characterize public financial management. Students can independently perform accruals and the financial planning for different company forms with the application of current Finnish legislation. Students can carry out a change of company form and argue for when the various company forms are suitable from an administrative and business perspective. Students can implement parts from HR accounting, social accounting and environmental accounting in the financial reports of a company / organization.