Study Guide

Objective

Students learn financial accounting in practice. Student's financial material and financial information literacy develops. Students consists of a general picture of the financial accounting, bookkeeping, and financial management. The student is able to apply the laws and regulations governing accounting. Students will be familiar with dealing with the bookkeeping material, software operating accounts, and accounting reports. The student is able to keep contact with the customer and understands the meaning of keeping contacts and customer service. The student is able to prepare and present a report to the customer on the work the student has done in a manner the customer wishes.

The student is able to use the technology needed in accounting and accounting processes efficiently, to solve problems related to processes, to analyze information and to make proposals for improving the results of business operations. The student understands the importance of information availability, usability, integrity, and security. Students will be able to collect, edit and analyze information to increase understanding, improve forecasts and support decision making. The student understands the importance of right, good quality information in corporate decision making and corporate reputation. The student understands the importance of utilizing business intelligence in business decision making. The student is able to present information in visual form.

Content

Community Financial Management, Documentation and Accounting for True Accounting, Financial Statements, Reporting to a Customer. Management of the use of accounting systems. Knowledge management and information security, use of knowledge in decision making. Internal control and controls. Analysis of financial statements using eg ratios and trends. Creating presentation material, using graphics.

Evaluation scale

1-5

Assessment criteria, approved/failed

Pass: The student masters the practical implementation of financial accounting and bookkeeping in particular. The student develops his/her reading skills of financial material and economic information. The student has an overview of the external accounting, bookkeeping and financial management of the target organization. The student is able to apply the laws and regulations governing accounting. The student knows how to handle accounting material, pursue good practices of accounting, use accounting software, and interpret accounting reports.

The student carries out the course tasks actively, independently and in time.

The student participates in classwork and participates in class discussions. The student contributes to group work and is an encouraging member of the group.

Qualifications

Basics of Accounting and Expert on Financial Accounting

Further information

The course accrues 3 R&D credits.