Financial accounting (5 cr)

Code: LT00FA11-3001

General information

Enrollment: 07.04.2025 - 21.04.2025
Registration for introductions has not started yet.

Timing: 27.10.2025 - 19.12.2025
The implementation has not yet started.

Number of ECTS credits allocated: 5 cr

Local portion: 2 cr

Virtual portion: 3 cr

Unit: Department of Business

Campus: Savonlinna Campus

Teaching languages: Finnish

Seats: 20 - 60

Degree programmes: Degree Programme in Business Management, Safety and Security

Teachers: Tommi Pälli

Teacher in charge: Tommi Pälli

Groups: TUSA25SM
Business Management, safety and security, part-time studies

Course: LT00FA11

Realization has 3 reservations. Total duration of reservations is 8 h 15 min.

Time	Topic	Location
Thu 30.10.2025 time 14:15 - 17:00 (2 h 45 min)	Yrityksen talous LT00FA11-3001	SA333 Teorialuokka
Wed 19.11.2025 time 18:00 - 20:00 (2 h 0 min)	Yrityksen talous LT00FA11-3001	Etäopetus lukujärjestyksen mukaan
Sat 29.11.2025 time 08:30 - 12:00 (3 h 30 min)	Yrityksen talous LT00FA11-3001	SA333 Teorialuokka

Changes to reservations may be possible.

Objective

You demonstrate that you are familiar with the basics of enterprise finances and financial accounting.
You can record basic business transactions in bookkeeping and financial statements.
You are able to analyse and interpret the financial statements and ratios of a small company.
You are able to explain the basic principles of value added taxation and business taxation in different forms of business.
You know how to work responsibly and consider legislation and professional ethics in the accounting field.

Content

What is the role of financial accounting in business operations?
How to apply the accounting cycle process?
How to analyse and interpret financial statements in small companies?
What are the basic principles of value added taxation and business taxation?
How to take into account value added taxation in the accounting cycle and reporting?
How to work responsibly and consider professional ethics in the accounting field?

Course material

Other study materials are provided by the teacher in class or via the Learn platform.

Study forms and methods

• The implementation entails 2 contact lessons on Savonlinna campus and unscheduled online study. Contact lessons are scheduled in the evenings and on weekends/weekdays.
During contact days.... Between contact days …. . Attendance in the contact lessons is mandatory and absence must be compensated.
• The course is carried out within the group's curriculum schedule.
• The teacher provides guidance during and after contact lessons.
• Feedback is provided by different methods, in writing and/or orally. Also, peer feedback can be used.
•

RDI and work-related cooperation

The assignments are based on the needs of operators in the field.

Assignments can be completed with reference to tasks given by one’s employer or in connection to developing a product.

Timing of exams and assignments

An assignment must be completed at the end of each section of the course. At the end of the course, an exam must be taken on campus via the Exam system.

The course entails weekly assignments. A project assignment must be completed in a small group by the end of the course.

The end date of the course is presented in the course details. By this date, the student must submit all assignments, take the required exams and meet all other conditions set for an approved course completion.

Student workload

• 1 ECTS credits equals 27 hours of work by the student.
• In a 5-credit course, the student's total maximum workload is approximately 135 hours including lessons, group work and independent study.

Evaluation scale

1-5

Assessment methods and criteria

The student’s performance is assessed with reference to the learning objectives and assessment criteria of the course. The completion of the course requires to tasks and exams be completed with a passing grade.