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Business governance process 1 (1 cr)

Code: LT00DB27-3001

General information


Enrollment

13.11.2023 - 17.01.2024

Timing

19.02.2024 - 17.05.2024

Credits

1 op

Teaching languages

  • Finnish

Degree programmes

  • Bachelor of Business Administration, Business Management

Teachers

  • Leena Uusitalo

Student groups

  • LITA22A

Objective

The student understands the roles of the various institutions of a limited company. The student is able to explain the different meanings of the regulations related to the limited company's equity and its amount and is able to assess the state of the limited company's equity. The student recognizes the different asset distribution situations of a limited company and knows the regulations related to them. He/she is able to search for information on the regulations concerning the operation of a limited company and apply the information he/she finds in practice. The student masters the basic principles of company accounting and financial statements and is familiar with the company's tax regulations (AVL, EVL, and VML).

Content

- Institutions of a limited liability company
- Limited liability company equity and liabilities and share capital
- Distribution methods in a limited company and partnerships
- Tax laws and their significance in a limited company

Evaluation scale

1-5

Assessment criteria, satisfactory (1)

The student is able to search for information on the most important regulations related to partnerships and joint-stock companies and is able to solve simple legal cases. He is generally familiar with the rules for equity and debt as well as share capital. The student knows how the distribution of funds takes place in a limited company and partnerships.

Assessment criteria, good (3)

The student is able to search for information on the most important regulations related to partnerships and limited companies and apply the information they find in practice. He is well acquainted with the rules regarding equity and debt as well as share capital in a limited company. The student is able to present how the distribution of funds takes place in a limited company on the one hand and in partnerships on the other.

Assessment criteria, excellent (5)

The student is able to search for information on regulations related to partnerships and limited companies and apply the information he/she finds in practice. He has an excellent knowledge of the rules governing a company's equity and liabilities as well as its share capital. The student has an in-depth understanding and is able to explain how and why the distribution of the assets of a limited company differs from the distribution of the assets of partnerships.

Qualifications

Corporate governance process 1