Bookkeeping 1 (5 cr)

Evaluation scale

0-5

Objective

The object of the course
After completing the course, you will deepen your accounting skills and be able to do accounting tasks for a company.

Course competencies

Business competence
The student knows the central theories related to this specialisation option. The student possess at least an advanced beginner’s skills in the practical tasks of the specialisation option.

Ethics
Student is able to take responsibility for their own actions and their consequences and reflects on them in accordance with the ethical principles and values of their field.

Learning to learn
Student is able to acquire, critically assess and appropriately apply the national and international knowledge base and practices of their field.
Working life
Student utilises the opportunities offered by technology and digitalisation in their work.

The learning objectives of the course
In this course, you will become familiar with the accounting of companies in different industries. You are familiar with accounting legislation and norms. You understand the basic concepts of accounting. You are able to prepare the accounting and financial statements of an SME based on ordinary business transactions.

Content

The course covers the key entries concerning financing and changes in equity, value added tax entries, the financial statements of SMEs, the Accounting Act and good accounting practice.

Location and time

Classroom teaching. Some of the lessons will be also Online Zoom.

Materials

Tomperi Soile, Keskinen Virpi: Käytännön kirjanpito 2025
Tomperi Soile, Keskinen Virpi: Käytännön kirjanpito, harjoituskirja 2025

Teaching methods

With tutorial contact we do exercises. Face-to-face learning, learning assignments made independently and in pairs. Use of bookkeeping software in simple tasks of bookkeeping and financial statements.

Webinar learning
Independent learning assignments
Weekly program

Employer connections

More exact information on the work placements linked to the course shall be provided by the teacher during the first contact lessons of the course.

Exam schedules

Exam will be held on week 48. Two resit examinations will be held in Exam

Completion alternatives

A corresponding course completed in another university may be accredited partially or completely. Competence acquired through informal learning may be recognized and accredited on the basis of competence test. More precise instructions can be found in Degree Regulations and in Study Guide.

Student workload

Allocation of time on various tasks and student work load in total 135h
Lectures 30 h
Independent study and independent learning assignments and exercises 105 h

Course has lot of independent work and need timetable.
The teacher guides weekly with material, exercises and team learning assignments.

Assessment criteria, satisfactory (1)

Sufficient 1
You are familiar with accounting legislation and norms. You understand the basic concepts of accounting. You are able to draw up the accounts and financial statements of the SME based on ordinary business transactions.

Satisfactory 2
You know the main points of accounting legislation and norms and are able to apply these to different accounting disciplines Situations. You understand the basic concepts of accounting and distinguish between the basic accounting situations specific issues. You are able to prepare the accounting of an SME based on ordinary business transactions and financial statements.

Assessment criteria, good (3)

Good 3
You are familiar with accounting legislation and norms and are able to apply these in different accounting situations. You are able to: analyze various accounting issues. You understand the basic concepts of accounting and distinguish between accounting Course Page 1 of 2 basic situations on specific issues. You are able to prepare transaction-based accounting for an SME and financial statements.

Very good 4
You are familiar with accounting legislation and norms and are able to apply these in different accounting situations. You are able to: in-depth analyze various accounting issues and evaluate the impact of solutions on the company. You understand the concepts of accounting and distinguish the basic situations of accounting from special issues. You are able to draw up transaction-based accounting and financial statements of an SME and are able to advise others accounting issues.

Assessment criteria, excellent (5)

Excellent 5
You know accounting legislation and norms comprehensively and are able to apply these to different accounting disciplines Situations. You are able to analyze various accounting issues in depth and evaluate solutions impact on the company. You understand accounting concepts comprehensively and distinguish the basic accounting situations specific issues. You are able to prepare the accounting of an SME based on demanding business transactions and financial statements and you will be able to advise others on accounting-related issues.

Further information

The assessment in the course is based on the competence demonstrated in the exam (60 %, 3 ECTS credits), in independent learning assignments (40 %, 2 ECTS credits)