Bookkeeping and special questionsLaajuus (5 cr)

Objective

You will be able to record the difference in depreciation, provisions and income recognition of inventories and examine their impact on the company's result.
You can calculate and record different types of special VAT cases.
You are able to handle changes in the equity of a limited company in accounting.

Content

How is VAT applied, for example, in international trade, marginal taxation and construction services?
How do the income recognition principles, depreciation and depreciation of inventories and the provision for repurchase of fixed assets affect the company's result and how are they treated in accounting?
How are the events relating to the formation of a limited company, share capital and profit distribution recorded and how do they affect the adequacy of the company's equity?
What are the general guidelines and statements of KILA?

Qualifications

Accounting (5 ECTS credits) and Business taxation (5 ECTS credits), or equivalent knowledge. It's recommended to study course Analysis of corporate finance (5 ECTS credits) earlier or at the same time with this.

Evaluation

Students can
a. use professional vocabulary systematically.
b. look for information in the key information sources of the field.
e. use the key models, methods, software and technologies of the professional field
g. justify their actions according to the ethical principles of the professional field.