The course takes place in period

1 (2022-08-01 to 2022-10-23)

Level/category

Professional studies

Teaching language

English

Type of course

Compulsory

Cycle/level of course

First

Recommended year of study

2

Total number of ECTS

5 cr

Competency aims

Within this study unit we will focus on the
following competencies:

The student will have a fact-based decision making
competence of understanding
accounting concepts, the accounting cycle,
and be able to use accounting information in
making business decisions; as well as to draw up
the financial accounting statements of a small
company.
These competencies support the following
Sustainable Development Goals (SDG): 1,4 5 8 9 10
16 a´nd 17

Learning outcomes

Within this study unit we will focus on the
following competencies:
Competence in sustainability

SDG´s in focus:
#1 NO POVERTY
#4 QUALITY EDUCATION
#5 GENDER EQUALITY
#8 DECENT WORK AND ECONOMIC GROWTH
#9 INDUSTRY, INNOVATION AND INFRASTRUCTURE
#10 REDUCED INEQUALITIES
#16 PEACE, JUSTICE AND STRONG INSTITUTIONS
#17 PARTNERSHIPS FOR THE GOALS
Learning outcomes
Once you have completed this study unit you will
have
Knowledge of the financial accounting cycle
(Knowledge)
Knowledge of the various principles of
accounting (Knowledge)
Skill to draw up an income
statement and a balance sheet. (Skill)
Identify and understand financial accounting data
and the use of such data. (Attitude)

Course contents

Financial accounting and its key-
concepts

The Income statement, Balance sheet, the
statement of stockholders equity, the cash flow
statement, the
process of creating them.
The use of financial accounting data. Analyzing
accounting data.

Prerequisites and co-requisites

Introduction to Financial Management or
corresponding competence

Previous course names

None

Additional information

Additional information will be given during the
course.

Students must pass the course examination with
minimum of 50/100 points to pass the course.

Assignments will be an integral part of the
course work.

Recommended or required reading

Horngren et al. Financial & Managerial Accounting.

More material will be distributed during the
course.

Study activities

  • Lectures - 40 hours
  • Practical exercises - 15 hours
  • Project- and production work/artistic activities - 0 hours
  • Individual studies - 75 hours

Workload

  • Total workload of the course: 130 hours
  • Of which autonomous studies: 130 hours
  • Of which scheduled studies: 0 hours

Mode of Delivery

Participation in tuition

Assessment methods

Assessment requirements

To pass the course the student should receive at
least 50 points from the following activities:
Assignment 1: 10 points
Assignment 2: 20 points
Assignment 3: 40 points
Assignment 4: 40 p
No assignments handed in late will be graded.
Attendance at the lectures is recommended but is
not obligatory.

Those wishing to attend the course need to be
present during the first lecture.

Teacher

Puukko Linda

Examiner

Puukko Linda

Group size

No limit (32 students enrolled)

Assignments valid until

12 months after course has ended

The timetable of the course

The time table of the course is provisional and
is subject to change, as is the lecture room
which can change with short notice

Course enrolment period

2022-08-10 to 2022-08-25

Assessment methods

Date will be announced later - Other assignments

Room reservations
Date Time Room Title Description Organizer
2022-08-30 11:30 - 13:00 E383 Financial Accounting Puukko Linda
2022-09-01 11:30 - 13:00 E385 Financial Accounting Puukko Linda
2022-09-06 12:00 - 13:30 F365 Financial Accounting Puukko Linda
2022-09-08 12:00 - 13:30 E383 Financial Accounting Puukko Linda
2022-09-13 11:30 - 13:00 E383 Financial Accounting Puukko Linda
2022-09-15 11:30 - 13:00 E385 Financial Accounting Puukko Linda
2022-09-20 11:30 - 13:00 E383 Financial Accounting Join Zoom Meeting https://arcada.zoom.us/j/2361087942 Puukko Linda
2022-09-22 11:30 - 12:30 E387 Financial Accounting Puukko Linda
2022-10-05 12:30 - 14:00 E385 Financial Accounting Puukko Linda
2022-10-06 12:00 - 13:30 E383 Financial Accounting Puukko Linda
2022-10-11 12:00 - 13:30 F365 Financial Accounting Puukko Linda
2022-10-13 09:00 - 10:30 Financial Accounting Puukko Linda
2022-10-18 12:30 - 14:30 F365 Financial Accounting Puukko Linda

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