Accounting and financial statements (5 cr)

Objective

You show that you are familiar with the basics of enterprise’s finances and value added taxation.
You can draw up the financial statements of a small enterprise including value added taxation.
You can take into account the relation between accounting and business taxation in annual reporting.

Content

What is the key terminology related to accounting, financial statements and value added taxation?
How to identify and register business transactions in accounting of a small enterprise?
How to draw up an income statement and a balance sheet of a small enterprise?
What is the role of value added taxation in accounting and financial statements?
How does the accounting result differ from the taxable income?

Evaluation

a. You can systematically use professional terminology related to bookkeeping, accounting and value added taxation.
c. You can identify interrelated tasks.
e. You can use the key methods and software when applying accounting cycle.

Course material

Käytännön kirjanpito, teksti- ja tehtäväkirjat. Tomperi & Keskinen. Uusin painos.
Moodlen materiaali sekä mahdollinen muu myöhemmin ilmoitettava materiaali.

Evaluation scale

1-5

Qualifications

Financial accounting