Kirjanpito 2 (5 cr)

Evaluation scale

0-5

Objective

The student independently masters the recording of business transactions in a manufacturing company. He/she knows his/her responsibility and how to record demanding issues in financing, periodic measurement, VAT and how to prepare financial statements for a SME according to a set target.

Content

The course includes methods of inventory valuation and the cost formulas that are used to assign costs to inventories, recording of financing transactions, recording of change in shareholders' equity, entries related to periodic planning, financial statements as a whole and accounting legislation in detail.

Materials

Tomperi S. Kehittyvä kirjanpitotaito (also exercise book). Edita: Helsinki. latest edition.

Completion alternatives

Exercises to be handed in 30% and exam 70%.

Student workload

lectures 52 h virtual study 27 h assignments 29 h independent study 27 h

Assessment criteria, satisfactory (1)

1 (Fair) The student can draw up the bookkeeping and financial statements of a manufacturing company almost without mistakes with a lot of assistance. He/ she masters some of the main parts of how to record demanding issues in financing and periodic measurement.
2 (Satisfactory) The student can draw up the bookkeeping and financial statements of a manufacturing company almost without mistakes when tutored. He/she masters the essential parts of how to record demanding issues in financing and periodic measurement.

Assessment criteria, good (3)

3 (Good) The student can draw up the bookkeeping and financial statements of a manufacturing company almost without mistakes but needs tutoring. He/ she masters the essential parts of how to record demanding issues in financing and periodic measurement.
4 (Very Good) The student can independently and responsibly and almost without mistakes draw up the bookkeeping and financial statements of manufacturing company. He/she masters the essential parts of how to record demanding issues in financing and periodic measurement.

Assessment criteria, excellent (5)

5 (Excellent) The student can independently and responsibly draw up the bookkeeping and financial statements of a manufacturing company. He/she knows how to record demanding issues in VAT, financing and periodic measurement.

Assessment criteria, approved/failed

0 (Fail) The course is failed if the student does not attain the minimum requirements of the course.

Qualifications

Principles of book keeping, the usual specific questions of business activity, modes of enterprise and book keeping, preparation of financial statements.

Further information

This course is a part of accounting studies. The course is compulsory for the students belonging to Financial Control specialization within accounting studies.