Basics of Bookkeeping and Taxation in a Farm Enterprise (5cr)

Evaluation methods and criteria

Arviointi perustuu käytännön kirjanpitotehtäviin sekä tenttiin.

Evaluation scale

0-5

Objective

Objectives
The aim of this course is to familiarise you with the fundamentals of accounting and taxation in both business and agriculture, whilst highlighting the unique significance of accounting and taxation within agriculture.

Competences
Business competence: Recognises the potential for rural bioeconomy entrepreneurship; capable of planning, implementing, developing, and managing bioeconomy businesses.
Working life skills: Possesses entrepreneurial abilities; able to seize digital and technological opportunities in their work.

Learning outcomes
You will gain a fundamental comprehension of accounting and taxation in business and how they differ from those in farming. You will possess the capability to carry out uncomplicated farm business accounting, prepare financial statements, and comprehend their content. You will also understand the principles of income tax and VAT and their application to farm business.

Content

Basics of single-entry and double-entry bookkeeping, financial statements, income taxation for the primary company types, and VAT fundamentals.
Fundamental information about income and VAT taxation in agriculture and forestry, along with accounting practices for agriculture and forestry.

Location and time

Opintojakso suoritetaan keväällä 2026 lähi- ja hybridiopetuksena biotalouskampuksella Tarvaalassa. Pakolliset kontaktikerrat ilmoitetaan Moodle verkko-alustalla.

Materials

Tomperi, Soile Käytännön kirjanpito 2022 tai uudempi painos
Verkkoympäristö Moodlen oppimismateriaali

Teaching methods

Opetus tapahtuu lähi ja verkko-opetuksena sekä itsenäisenä opiskeluna Moodle oppimisympäristössä.

Exam schedules

Verotuksen tentti 22.5.2026 vain lähikontakti Tarvaalassa.

Student workload

Kontakti- ja verkko-opetus 24 h
Itsenäinen opiskelu 103 h

Assessment criteria, satisfactory (1)

Sufficient 1: You can perform business accounting and financial reporting efficiently based on well-managed transactions. You are familiar with the contents of the profit and loss account and the balance sheet, and can prepare farm business accounts with reasonable accuracy. You can prepare the accounts of a farm business with a high degree of accuracy and draw up financial statements.

Satisfactory 2: You are able to prepare the accounts of a farm business with a high degree of accuracy and to draw up financial statements. You know the contents of the profit and loss account and the balance sheet and are able to give an account of the financial situation of the company on the basis of these. You are able to draw up the accounts of a farm business with a high degree of accuracy. You will be able to plan the taxation of a farm business in a guided manner. You will be familiar with the main aspects of accounting and tax legislation and standards.

Assessment criteria, good (3)

Good 3.
You are capable of accurately maintaining company accounts and preparing financial statements. You possess knowledge of the profit and loss account and the balance sheet and can utilise them to depict the financial situation of the company. You have the proficiency to draft farm business accounts with great accuracy. You understand the principles of tax planning for the You will have an adept understanding of the significant components of accounting and tax legislation and standards.

Excellent 4:
You will be proficient in independently creating accounts and financial statements for an agricultural holding. Acquiring knowledge of the contents of the profit and loss account and the balance sheet, you can effectively describe the financial position of the organisation. Moreover, you can make use of a computer application to maintain the records of a farm business. You are proficient in tax planning principles for a farming enterprise and can implement them in uncomplicated scenarios. You possess knowledge about the fundamental components of accounting, legislation, and tax standards.

Assessment criteria, excellent (5)

Excellent 5:
You have the ability to produce company accounts and financial statements independently. You possess knowledge of the contents of the profit and loss account and balance sheet, and can utilise this to describe the financial situation of a company. You are proficient in managing the accounts of a farm business using a computer application. You will be capable of taxation planning for a farm business on a large scale and evaluating the potential implications for the future. You possess familiarity with accounting and tax legislation and standards.