Financial information (5 cr)

Evaluation scale

0-5

Objective

The object of the course
After completing this course, you will identify the sources of financial information and understand the importance of its use in achieving organizational goals. You understand the tasks, significance and prerequisites for profitable business operations with sustainable development in mind. You know the key concepts and methods of financial statement analysis and valuation.

Course competencies
Business Competence: The student manages financial information to support management decision-making.
Learning to learn: The student knows how to acquire, critically evaluate and appropriately apply the national and international knowledge base and practices of their own field. And the student also takes responsibility for the group's learning and sharing what has been learned.

Objective of the course
You are able to search, monitor and apply financial information in company analysis and are able to interpret the company's operations and financial position, taking into account the boundary conditions of the company's industry.

Content

The course deals with key sources of financial information. In particular, financial statement information is discussed; Reading and analysing the income statement and balance sheet, key figures and their calculation and interpretation, interpretation of financial statements and analysis of case companies, as well as the principles of sustainable development and the promotion of their implementation as a responsible professional and member of society.

Location and time

During August 25 - December 19, 2025 in Main campus, address Rajakatu 35.

Materials

Jormakka, R., Koivusalo, K., Lappalainen, J., & Niskanen, M. 2021. Accounting. EditaPrima. Chapters 1, 2, 6.
Eduhouse videos
Interpretation of Financial Statements, J., Leppiniemi, R., Leppiniemi, T., Kaisanlahti. Alma Talent Oy online library, updated work

Teaching methods

Contact study in a classroom on campus.
Flipped classroom method.
Independent learning tasks.
Business case as small group work.

Flipped Classroom, where the theory recording and materials are available for review before each topic's guidance session. Guidance sessions, exams, and meetings are held in the classroom. Attendance is mandatory. During the guidance session, we review and complete tasks, and you have the opportunity to receive guidance. In the courses, students are encouraged to learn from each other. In this course, peer learning is facilitated through a discussion forum focused on learning tasks, small group work during sessions, and group projects.

Employer connections

Possible work-related sections included in the course will be described during the first course meetings.

Exam schedules

The exam will be held in week 48. Retake exams will be held in weeks 50 and 51.

The exams will take place in the classroom.

Completion alternatives

A corresponding course completed at another higher education institution can be credited either as a partial or full completion. Competence acquired in other ways can be recognized and validated by participating in a proficiency test. Detailed instructions can be found in the Degree Regulations and the Study Guide.

Student workload

Student's total time allocation: 135 hours

Lectures and exams: 21 hours
Independent study and independent learning tasks: 60 hours
Business case as small group work: 54 hours
The course requires weekly work.

The teacher provides guidance during lectures and through Moodle.

Assessment criteria, satisfactory (1)

Grade (1)
After completing the course, you will identify the sources of financial information and understand the importance of its use in achieving organizational goals. You recognize the tasks, significance and prerequisites for profitable business operations with sustainable development in mind. You know the key concepts and methods of financial statement analysis and valuation. You complete the assignments according to the course schedule and take responsibility for your own work.

Grade (2)
After completing the course, you understand the sources of financial information and understand the importance of its use in achieving organizational goals. You understand the tasks, significance and prerequisites for profitable business operations with sustainable development in mind. You understand the key concepts and methods of financial statement analysis and valuation.
You complete the assignments according to the course schedule and take responsibility for your own work and contribute positively to the common output.

Assessment criteria, good (3)

Grade (3)
After completing the course, you will be able to tell about the sources of financial information and understand the significance of their use in achieving organizational goals at a good level. You are able to explain the tasks of financial administration, its significance and the prerequisites for profitable business operations with sustainable development in mind. You know the basic level of financial statement analysis and the key concepts and methods of valuation. You complete the assignments according to the course schedule, take responsibility for your own work and perform well in the group.

Grade (4)
After completing the course, you will be able to tell about the sources of financial information, value them and choose suitable sources in different decision-making situations. You can speak fluently about the tasks of financial administration, its importance and the prerequisites for profitable business operations, taking into account sustainable development, in parts already critically. You know financial statement analysis at the basic level and the key concepts and methods of valuation. You are capable of comparison. You complete the tasks according to the course schedule, take responsibility for your own work and interact well with other group members, supporting other group members with your own expertise.

Assessment criteria, excellent (5)

Grade (5)
After completing the course, you will be able to tell about the sources of financial information, value them and choose suitable sources in different decision-making situations. You can fluently explain the tasks of financial administration, its importance and examine profitable business operations critically, taking into account sustainable development. You know financial statement analysis at the basic level and the key concepts and methods of valuation. You are capable of comparison and reasoning. You complete the tasks according to the course schedule, you take responsibility for your own work. You interact well with other group members, supporting and guiding other group members with your own expertise.

Qualifications

Basic skills required for higher education studies. In online implementation, the skills and tools to complete online studies.

Further information

Avoin amk 5 (included in the maximum amount)
The course assessment is based on the competence demonstrated in a multiple-choice exam (60%, 3 ECTS) and a business task conducted as small group work (40%, 2 ECTS).