Basics of AccountingLaajuus (3 cr)
Code: IB00CX46
Objective
The student is capable of applying applicable regulation of financial accounting when recording transactions and preparing financial statements, is able to outline the process of preparing financial statements and explain how different business transactions and documents affect the content of the financial statements. The student is able to analyze the accounts and the financial statements, which present a company in financial terms, and is able to name and recognize many tasks of the financial accounting. The student is able to recognize business transactions and documents connected with financial accounting and the preparation of financial statements.
Content
Basics of bookkeeping
- the basics for VAT
- double-entry bookkeeping with VAT
- the basics of business taxation
- financial statements
Basics of budgeting
Qualifications
No prerequisites
Assessment criteria, satisfactory (1)
The student is capable of applying the most common regulations of financial accounting when recording transactions and preparing financial statements, is able to outline the process of preparing financial statements and explain how different business transactions and documents affect the content of the financial statements. The student is able to give a simple analysis on the accounts and the financial statements, which present a company in financial terms, and is able to name and recognize the most common tasks of the financial accounting and budgeting.The student is able to prepare the financial statements (balance sheet and income statement) The student is able to read and analyze articles written in English.
Assessment criteria, good (3)
The student is capable of applying applicable regulation of financial accounting when recording transactions and preparing financial statements, is able to outline the process of preparing financial statements and explain how different business transactions and documents affect the content of the financial statements. The student is able to analyze the accounts and the financial statements, which present a company in financial terms, and is able to name and recognize many tasks of the financial accounting and budgeting. The student is able to recognize the core business transactions and documents connected with financial accounting and the preparation of financial statements.
The student is able to prepare the financial statements (balance sheet and income statement) The student is able to use valid sources of information to solve problems.
The student is able to read and analyze articles written in English. The student is able to find information from sources in English.
Assessment criteria, excellent (5)
The student is capable of applying applicable regulation of financial accounting when recording transactions and preparing financial statements, is able to outline the process of preparing financial statements and explain how different business transactions and documents affect the content of the financial statements. The student is able to analyze the accounts and the financial statements, which present a company in financial terms, and is able to name and recognize many tasks of the financial accounting and budgeting. The student is able to recognize business transactions and documents connected with financial accounting and the preparation of financial statements.
The student is able to prepare the financial statements (balance sheet and income statement) The student is able to use valid sources of information to solve problems.
The student is able to read and analyze articles written in English. The student is able to find information from sources in English and knows the major international sources of information and organizations of the field.
Enrollment
02.09.2024 - 15.09.2024
Timing
04.11.2024 - 18.12.2024
Credits
3 op
Teaching languages
- English
Degree programmes
- Bachelor of Business Administration, International Business
Teachers
- Viljo Arohonka
Student groups
-
IB24ABachelor of Business Administration, International Business
Objective
The student is capable of applying applicable regulation of financial accounting when recording transactions and preparing financial statements, is able to outline the process of preparing financial statements and explain how different business transactions and documents affect the content of the financial statements. The student is able to analyze the accounts and the financial statements, which present a company in financial terms, and is able to name and recognize many tasks of the financial accounting. The student is able to recognize business transactions and documents connected with financial accounting and the preparation of financial statements.
Content
Basics of bookkeeping
- the basics for VAT
- double-entry bookkeeping with VAT
- the basics of business taxation
- financial statements
Basics of budgeting
Materials
All material provided by lecturer
Teaching methods
Lectures and assignments
Exam schedules
In the end of course
Completion alternatives
--
Student workload
81 hrs
Evaluation scale
1-5
Assessment criteria, satisfactory (1)
The student is capable of applying the most common regulations of financial accounting when recording transactions and preparing financial statements, is able to outline the process of preparing financial statements and explain how different business transactions and documents affect the content of the financial statements. The student is able to give a simple analysis on the accounts and the financial statements, which present a company in financial terms, and is able to name and recognize the most common tasks of the financial accounting and budgeting.The student is able to prepare the financial statements (balance sheet and income statement) The student is able to read and analyze articles written in English.
Assessment criteria, good (3)
The student is capable of applying applicable regulation of financial accounting when recording transactions and preparing financial statements, is able to outline the process of preparing financial statements and explain how different business transactions and documents affect the content of the financial statements. The student is able to analyze the accounts and the financial statements, which present a company in financial terms, and is able to name and recognize many tasks of the financial accounting and budgeting. The student is able to recognize the core business transactions and documents connected with financial accounting and the preparation of financial statements.
The student is able to prepare the financial statements (balance sheet and income statement) The student is able to use valid sources of information to solve problems.
The student is able to read and analyze articles written in English. The student is able to find information from sources in English.
Assessment criteria, excellent (5)
The student is capable of applying applicable regulation of financial accounting when recording transactions and preparing financial statements, is able to outline the process of preparing financial statements and explain how different business transactions and documents affect the content of the financial statements. The student is able to analyze the accounts and the financial statements, which present a company in financial terms, and is able to name and recognize many tasks of the financial accounting and budgeting. The student is able to recognize business transactions and documents connected with financial accounting and the preparation of financial statements.
The student is able to prepare the financial statements (balance sheet and income statement) The student is able to use valid sources of information to solve problems.
The student is able to read and analyze articles written in English. The student is able to find information from sources in English and knows the major international sources of information and organizations of the field.
Qualifications
No prerequisites
Enrollment
02.09.2024 - 09.10.2024
Timing
04.11.2024 - 18.12.2024
Credits
3 op
Teaching languages
- English
Degree programmes
- Bachelor of Business Administration, International Business
Teachers
- Viljo Arohonka
Student groups
-
IB24BBachelor of Business Administration, International Business
Objective
The student is capable of applying applicable regulation of financial accounting when recording transactions and preparing financial statements, is able to outline the process of preparing financial statements and explain how different business transactions and documents affect the content of the financial statements. The student is able to analyze the accounts and the financial statements, which present a company in financial terms, and is able to name and recognize many tasks of the financial accounting. The student is able to recognize business transactions and documents connected with financial accounting and the preparation of financial statements.
Content
Basics of bookkeeping
- the basics for VAT
- double-entry bookkeeping with VAT
- the basics of business taxation
- financial statements
Basics of budgeting
Materials
All material provided by lecturer
Teaching methods
Lectures and assignments
Exam schedules
In the end of course
Completion alternatives
--
Student workload
81 hrs
Evaluation scale
1-5
Assessment criteria, satisfactory (1)
The student is capable of applying the most common regulations of financial accounting when recording transactions and preparing financial statements, is able to outline the process of preparing financial statements and explain how different business transactions and documents affect the content of the financial statements. The student is able to give a simple analysis on the accounts and the financial statements, which present a company in financial terms, and is able to name and recognize the most common tasks of the financial accounting and budgeting.The student is able to prepare the financial statements (balance sheet and income statement) The student is able to read and analyze articles written in English.
Assessment criteria, good (3)
The student is capable of applying applicable regulation of financial accounting when recording transactions and preparing financial statements, is able to outline the process of preparing financial statements and explain how different business transactions and documents affect the content of the financial statements. The student is able to analyze the accounts and the financial statements, which present a company in financial terms, and is able to name and recognize many tasks of the financial accounting and budgeting. The student is able to recognize the core business transactions and documents connected with financial accounting and the preparation of financial statements.
The student is able to prepare the financial statements (balance sheet and income statement) The student is able to use valid sources of information to solve problems.
The student is able to read and analyze articles written in English. The student is able to find information from sources in English.
Assessment criteria, excellent (5)
The student is capable of applying applicable regulation of financial accounting when recording transactions and preparing financial statements, is able to outline the process of preparing financial statements and explain how different business transactions and documents affect the content of the financial statements. The student is able to analyze the accounts and the financial statements, which present a company in financial terms, and is able to name and recognize many tasks of the financial accounting and budgeting. The student is able to recognize business transactions and documents connected with financial accounting and the preparation of financial statements.
The student is able to prepare the financial statements (balance sheet and income statement) The student is able to use valid sources of information to solve problems.
The student is able to read and analyze articles written in English. The student is able to find information from sources in English and knows the major international sources of information and organizations of the field.
Qualifications
No prerequisites
Enrollment
04.09.2023 - 11.10.2023
Timing
23.10.2023 - 11.02.2024
Credits
3 op
Teaching languages
- English
Degree programmes
- Bachelor of Business Administration, International Business
Teachers
- Viljo Arohonka
Student groups
-
IB23ABachelor of Business Administration, International Business
Objective
The student is capable of applying applicable regulation of financial accounting when recording transactions and preparing financial statements, is able to outline the process of preparing financial statements and explain how different business transactions and documents affect the content of the financial statements. The student is able to analyze the accounts and the financial statements, which present a company in financial terms, and is able to name and recognize many tasks of the financial accounting. The student is able to recognize business transactions and documents connected with financial accounting and the preparation of financial statements.
Content
Basics of bookkeeping
- the basics for VAT
- double-entry bookkeeping with VAT
- the basics of business taxation
- financial statements
Basics of budgeting
Evaluation scale
1-5
Assessment criteria, satisfactory (1)
The student is capable of applying the most common regulations of financial accounting when recording transactions and preparing financial statements, is able to outline the process of preparing financial statements and explain how different business transactions and documents affect the content of the financial statements. The student is able to give a simple analysis on the accounts and the financial statements, which present a company in financial terms, and is able to name and recognize the most common tasks of the financial accounting and budgeting.The student is able to prepare the financial statements (balance sheet and income statement) The student is able to read and analyze articles written in English.
Assessment criteria, good (3)
The student is capable of applying applicable regulation of financial accounting when recording transactions and preparing financial statements, is able to outline the process of preparing financial statements and explain how different business transactions and documents affect the content of the financial statements. The student is able to analyze the accounts and the financial statements, which present a company in financial terms, and is able to name and recognize many tasks of the financial accounting and budgeting. The student is able to recognize the core business transactions and documents connected with financial accounting and the preparation of financial statements.
The student is able to prepare the financial statements (balance sheet and income statement) The student is able to use valid sources of information to solve problems.
The student is able to read and analyze articles written in English. The student is able to find information from sources in English.
Assessment criteria, excellent (5)
The student is capable of applying applicable regulation of financial accounting when recording transactions and preparing financial statements, is able to outline the process of preparing financial statements and explain how different business transactions and documents affect the content of the financial statements. The student is able to analyze the accounts and the financial statements, which present a company in financial terms, and is able to name and recognize many tasks of the financial accounting and budgeting. The student is able to recognize business transactions and documents connected with financial accounting and the preparation of financial statements.
The student is able to prepare the financial statements (balance sheet and income statement) The student is able to use valid sources of information to solve problems.
The student is able to read and analyze articles written in English. The student is able to find information from sources in English and knows the major international sources of information and organizations of the field.
Qualifications
No prerequisites
Enrollment
04.09.2023 - 11.10.2023
Timing
23.10.2023 - 11.02.2024
Credits
3 op
Teaching languages
- English
Degree programmes
- Bachelor of Business Administration, International Business
Teachers
- Viljo Arohonka
Student groups
-
IB23BBachelor of Business Administration, International Business
Objective
The student is capable of applying applicable regulation of financial accounting when recording transactions and preparing financial statements, is able to outline the process of preparing financial statements and explain how different business transactions and documents affect the content of the financial statements. The student is able to analyze the accounts and the financial statements, which present a company in financial terms, and is able to name and recognize many tasks of the financial accounting. The student is able to recognize business transactions and documents connected with financial accounting and the preparation of financial statements.
Content
Basics of bookkeeping
- the basics for VAT
- double-entry bookkeeping with VAT
- the basics of business taxation
- financial statements
Basics of budgeting
Evaluation scale
1-5
Assessment criteria, satisfactory (1)
The student is capable of applying the most common regulations of financial accounting when recording transactions and preparing financial statements, is able to outline the process of preparing financial statements and explain how different business transactions and documents affect the content of the financial statements. The student is able to give a simple analysis on the accounts and the financial statements, which present a company in financial terms, and is able to name and recognize the most common tasks of the financial accounting and budgeting.The student is able to prepare the financial statements (balance sheet and income statement) The student is able to read and analyze articles written in English.
Assessment criteria, good (3)
The student is capable of applying applicable regulation of financial accounting when recording transactions and preparing financial statements, is able to outline the process of preparing financial statements and explain how different business transactions and documents affect the content of the financial statements. The student is able to analyze the accounts and the financial statements, which present a company in financial terms, and is able to name and recognize many tasks of the financial accounting and budgeting. The student is able to recognize the core business transactions and documents connected with financial accounting and the preparation of financial statements.
The student is able to prepare the financial statements (balance sheet and income statement) The student is able to use valid sources of information to solve problems.
The student is able to read and analyze articles written in English. The student is able to find information from sources in English.
Assessment criteria, excellent (5)
The student is capable of applying applicable regulation of financial accounting when recording transactions and preparing financial statements, is able to outline the process of preparing financial statements and explain how different business transactions and documents affect the content of the financial statements. The student is able to analyze the accounts and the financial statements, which present a company in financial terms, and is able to name and recognize many tasks of the financial accounting and budgeting. The student is able to recognize business transactions and documents connected with financial accounting and the preparation of financial statements.
The student is able to prepare the financial statements (balance sheet and income statement) The student is able to use valid sources of information to solve problems.
The student is able to read and analyze articles written in English. The student is able to find information from sources in English and knows the major international sources of information and organizations of the field.
Qualifications
No prerequisites
Enrollment
16.04.2022 - 07.09.2022
Timing
07.11.2022 - 18.12.2022
Credits
3 op
Teaching languages
- English
Degree programmes
- Bachelor of Business Administration, International Business
Teachers
- Viljo Arohonka
Student groups
-
IB22A
Objective
The student is capable of applying applicable regulation of financial accounting when recording transactions and preparing financial statements, is able to outline the process of preparing financial statements and explain how different business transactions and documents affect the content of the financial statements. The student is able to analyze the accounts and the financial statements, which present a company in financial terms, and is able to name and recognize many tasks of the financial accounting. The student is able to recognize business transactions and documents connected with financial accounting and the preparation of financial statements.
Content
Basics of bookkeeping
- the basics for VAT
- double-entry bookkeeping with VAT
- the basics of business taxation
- financial statements
Basics of budgeting
Evaluation scale
1-5
Assessment criteria, satisfactory (1)
The student is capable of applying the most common regulations of financial accounting when recording transactions and preparing financial statements, is able to outline the process of preparing financial statements and explain how different business transactions and documents affect the content of the financial statements. The student is able to give a simple analysis on the accounts and the financial statements, which present a company in financial terms, and is able to name and recognize the most common tasks of the financial accounting and budgeting.The student is able to prepare the financial statements (balance sheet and income statement) The student is able to read and analyze articles written in English.
Assessment criteria, good (3)
The student is capable of applying applicable regulation of financial accounting when recording transactions and preparing financial statements, is able to outline the process of preparing financial statements and explain how different business transactions and documents affect the content of the financial statements. The student is able to analyze the accounts and the financial statements, which present a company in financial terms, and is able to name and recognize many tasks of the financial accounting and budgeting. The student is able to recognize the core business transactions and documents connected with financial accounting and the preparation of financial statements.
The student is able to prepare the financial statements (balance sheet and income statement) The student is able to use valid sources of information to solve problems.
The student is able to read and analyze articles written in English. The student is able to find information from sources in English.
Assessment criteria, excellent (5)
The student is capable of applying applicable regulation of financial accounting when recording transactions and preparing financial statements, is able to outline the process of preparing financial statements and explain how different business transactions and documents affect the content of the financial statements. The student is able to analyze the accounts and the financial statements, which present a company in financial terms, and is able to name and recognize many tasks of the financial accounting and budgeting. The student is able to recognize business transactions and documents connected with financial accounting and the preparation of financial statements.
The student is able to prepare the financial statements (balance sheet and income statement) The student is able to use valid sources of information to solve problems.
The student is able to read and analyze articles written in English. The student is able to find information from sources in English and knows the major international sources of information and organizations of the field.
Qualifications
No prerequisites
Enrollment
16.04.2022 - 07.09.2022
Timing
07.11.2022 - 18.12.2022
Credits
3 op
Teaching languages
- English
Degree programmes
- Bachelor of Business Administration, International Business
Teachers
- Viljo Arohonka
Student groups
-
IB22C
Objective
The student is capable of applying applicable regulation of financial accounting when recording transactions and preparing financial statements, is able to outline the process of preparing financial statements and explain how different business transactions and documents affect the content of the financial statements. The student is able to analyze the accounts and the financial statements, which present a company in financial terms, and is able to name and recognize many tasks of the financial accounting. The student is able to recognize business transactions and documents connected with financial accounting and the preparation of financial statements.
Content
Basics of bookkeeping
- the basics for VAT
- double-entry bookkeeping with VAT
- the basics of business taxation
- financial statements
Basics of budgeting
Evaluation scale
1-5
Assessment criteria, satisfactory (1)
The student is capable of applying the most common regulations of financial accounting when recording transactions and preparing financial statements, is able to outline the process of preparing financial statements and explain how different business transactions and documents affect the content of the financial statements. The student is able to give a simple analysis on the accounts and the financial statements, which present a company in financial terms, and is able to name and recognize the most common tasks of the financial accounting and budgeting.The student is able to prepare the financial statements (balance sheet and income statement) The student is able to read and analyze articles written in English.
Assessment criteria, good (3)
The student is capable of applying applicable regulation of financial accounting when recording transactions and preparing financial statements, is able to outline the process of preparing financial statements and explain how different business transactions and documents affect the content of the financial statements. The student is able to analyze the accounts and the financial statements, which present a company in financial terms, and is able to name and recognize many tasks of the financial accounting and budgeting. The student is able to recognize the core business transactions and documents connected with financial accounting and the preparation of financial statements.
The student is able to prepare the financial statements (balance sheet and income statement) The student is able to use valid sources of information to solve problems.
The student is able to read and analyze articles written in English. The student is able to find information from sources in English.
Assessment criteria, excellent (5)
The student is capable of applying applicable regulation of financial accounting when recording transactions and preparing financial statements, is able to outline the process of preparing financial statements and explain how different business transactions and documents affect the content of the financial statements. The student is able to analyze the accounts and the financial statements, which present a company in financial terms, and is able to name and recognize many tasks of the financial accounting and budgeting. The student is able to recognize business transactions and documents connected with financial accounting and the preparation of financial statements.
The student is able to prepare the financial statements (balance sheet and income statement) The student is able to use valid sources of information to solve problems.
The student is able to read and analyze articles written in English. The student is able to find information from sources in English and knows the major international sources of information and organizations of the field.
Qualifications
No prerequisites
Enrollment
16.04.2022 - 07.09.2022
Timing
07.11.2022 - 18.12.2022
Credits
3 op
Teaching languages
- English
Degree programmes
- Bachelor of Business Administration, International Business
Teachers
- Viljo Arohonka
Student groups
-
IB22B
Objective
The student is capable of applying applicable regulation of financial accounting when recording transactions and preparing financial statements, is able to outline the process of preparing financial statements and explain how different business transactions and documents affect the content of the financial statements. The student is able to analyze the accounts and the financial statements, which present a company in financial terms, and is able to name and recognize many tasks of the financial accounting. The student is able to recognize business transactions and documents connected with financial accounting and the preparation of financial statements.
Content
Basics of bookkeeping
- the basics for VAT
- double-entry bookkeeping with VAT
- the basics of business taxation
- financial statements
Basics of budgeting
Evaluation scale
1-5
Assessment criteria, satisfactory (1)
The student is capable of applying the most common regulations of financial accounting when recording transactions and preparing financial statements, is able to outline the process of preparing financial statements and explain how different business transactions and documents affect the content of the financial statements. The student is able to give a simple analysis on the accounts and the financial statements, which present a company in financial terms, and is able to name and recognize the most common tasks of the financial accounting and budgeting.The student is able to prepare the financial statements (balance sheet and income statement) The student is able to read and analyze articles written in English.
Assessment criteria, good (3)
The student is capable of applying applicable regulation of financial accounting when recording transactions and preparing financial statements, is able to outline the process of preparing financial statements and explain how different business transactions and documents affect the content of the financial statements. The student is able to analyze the accounts and the financial statements, which present a company in financial terms, and is able to name and recognize many tasks of the financial accounting and budgeting. The student is able to recognize the core business transactions and documents connected with financial accounting and the preparation of financial statements.
The student is able to prepare the financial statements (balance sheet and income statement) The student is able to use valid sources of information to solve problems.
The student is able to read and analyze articles written in English. The student is able to find information from sources in English.
Assessment criteria, excellent (5)
The student is capable of applying applicable regulation of financial accounting when recording transactions and preparing financial statements, is able to outline the process of preparing financial statements and explain how different business transactions and documents affect the content of the financial statements. The student is able to analyze the accounts and the financial statements, which present a company in financial terms, and is able to name and recognize many tasks of the financial accounting and budgeting. The student is able to recognize business transactions and documents connected with financial accounting and the preparation of financial statements.
The student is able to prepare the financial statements (balance sheet and income statement) The student is able to use valid sources of information to solve problems.
The student is able to read and analyze articles written in English. The student is able to find information from sources in English and knows the major international sources of information and organizations of the field.
Qualifications
No prerequisites
Enrollment
30.08.2021 - 30.09.2021
Timing
01.11.2021 - 13.02.2022
Credits
3 op
Teaching languages
- English
Degree programmes
- Bachelor of Business Administration, International Business
Teachers
- Viljo Arohonka
Scheduling groups
- Pienryhmä 1 (Size: 1. Open UAS: 0.)
- Pienryhmä 2 (Size: 1. Open UAS: 0.)
Student groups
-
IB21
Education groups
- Pienryhmä 1
- Pienryhmä 2
Objective
The student is capable of applying applicable regulation of financial accounting when recording transactions and preparing financial statements, is able to outline the process of preparing financial statements and explain how different business transactions and documents affect the content of the financial statements. The student is able to analyze the accounts and the financial statements, which present a company in financial terms, and is able to name and recognize many tasks of the financial accounting. The student is able to recognize business transactions and documents connected with financial accounting and the preparation of financial statements.
Content
Basics of bookkeeping
- the basics for VAT
- double-entry bookkeeping with VAT
- the basics of business taxation
- financial statements
Basics of budgeting
Evaluation scale
1-5
Assessment criteria, satisfactory (1)
The student is capable of applying the most common regulations of financial accounting when recording transactions and preparing financial statements, is able to outline the process of preparing financial statements and explain how different business transactions and documents affect the content of the financial statements. The student is able to give a simple analysis on the accounts and the financial statements, which present a company in financial terms, and is able to name and recognize the most common tasks of the financial accounting and budgeting.The student is able to prepare the financial statements (balance sheet and income statement) The student is able to read and analyze articles written in English.
Assessment criteria, good (3)
The student is capable of applying applicable regulation of financial accounting when recording transactions and preparing financial statements, is able to outline the process of preparing financial statements and explain how different business transactions and documents affect the content of the financial statements. The student is able to analyze the accounts and the financial statements, which present a company in financial terms, and is able to name and recognize many tasks of the financial accounting and budgeting. The student is able to recognize the core business transactions and documents connected with financial accounting and the preparation of financial statements.
The student is able to prepare the financial statements (balance sheet and income statement) The student is able to use valid sources of information to solve problems.
The student is able to read and analyze articles written in English. The student is able to find information from sources in English.
Assessment criteria, excellent (5)
The student is capable of applying applicable regulation of financial accounting when recording transactions and preparing financial statements, is able to outline the process of preparing financial statements and explain how different business transactions and documents affect the content of the financial statements. The student is able to analyze the accounts and the financial statements, which present a company in financial terms, and is able to name and recognize many tasks of the financial accounting and budgeting. The student is able to recognize business transactions and documents connected with financial accounting and the preparation of financial statements.
The student is able to prepare the financial statements (balance sheet and income statement) The student is able to use valid sources of information to solve problems.
The student is able to read and analyze articles written in English. The student is able to find information from sources in English and knows the major international sources of information and organizations of the field.
Qualifications
No prerequisites