Basics of Accounting and VAT (6cr)

Objective

After completing the course, the student masters the concepts, statutory tasks, and methods of external accounting. The student is able to describe the environment in which accounting is created, and the student learns to know and interpret the content of the reports produced by accounting. Completion of the course gives the student an overview of accounting and its management in the company. After completing the course, the student has the ability to choose studies in other areas of accounting.

Content

- basics of bookkeeping
- the basics for VAT
- double-entry bookkeeping with VAT
- financial statements
- use of ERP system
- the company's accounting records

Assessment criteria, satisfactory (1)

The student is able to make entries in the company's accounts, taking into account VAT. The student is able to use the ERP system in accounting work. The student is able to interpret the company's financial statements satisfactorily.

Assessment criteria, good (3)

The student is able to make entries in the company's accounts, taking into account VAT. The student is able to interpret the company's financial statements well. The student knows the logic of preparing financial statements and understands the connection between company accounting and VAT. The student is able to use the ERP system well in accounting work.

Assessment criteria, excellent (5)

The student is able to make entries in the company's accounts, taking into account VAT. The student is able to interpret the company's financial statements in a commendable manner. The student knows the logic of preparing financial statements and understands the connection between company accounting and VAT. The student is able to use the ERP system in accounting work in a commendable manner.