Financial StatementsLaajuus (2 cr)
Code: 3B00DW07
Credits
2 op
Objectives
During the course students will continue bookkeeping in virtual companies. At the end of the course they will prepare the financial statements.
After completing the course, the students will be able to:
• Record basic business transactions in accounting
• Prepare income statement and balance sheet for a small firm
Content
• How are business transactions recorded in accounting?
• How are financial statements prepared?
• What do annual reports include?
Assessment criteria, satisfactory (1-2)
The student can recognise and define fundamentals of financial accounting, income statement and balance sheet. The student knows the basic functions of bookkeeping software. The student can work in a group and take responsibility for his/her own work in individual and team assignments.
Assessment criteria, good (3-4)
The student is able to determine and apply the fundamental concepts of financial accounting. He/she knows how income statement and balance sheet are prepared. The student can use bookkeeping software at a basic level. The student takes responsibility and commits to group activities in addition to his/her own work.
Assessment criteria, excellent (5)
The student masters the fundamental concepts of financial accounting and financial statements in an excellent manner. The student is able to analyse financial statements and has good capabilities to apply the learning. The student can use bookkeeping software well at a basic level. The student can cooperate responsibly, flexibly and constructively and develop his/her own and the group’s interaction.
Enrolment period
06.02.2024 - 06.03.2024
Timing
04.03.2024 - 30.04.2024
Credits
2 op
Mode of delivery
Contact teaching
Unit
International Business
Campus
TAMK Main Campus
Teaching languages
- English
Degree programmes
- Bachelor's Degree Programme in International Business
Teachers
- Pia Lamminsivu
Person in charge
Pia Lamminsivu
Groups
-
23IB1International Business, syksy 2023, 1-ryhmä
-
23IB2International Business, syksy 2023, 2-ryhmä
-
23IB3International Business, syksy 2023, 3-ryhmä
-
23IB4International Business, syksy 2023, 4-ryhmä
Objectives (course unit)
During the course students will continue bookkeeping in virtual companies. At the end of the course they will prepare the financial statements.
After completing the course, the students will be able to:
• Record basic business transactions in accounting
• Prepare income statement and balance sheet for a small firm
Content (course unit)
• How are business transactions recorded in accounting?
• How are financial statements prepared?
• What do annual reports include?
Assessment criteria, satisfactory (1-2) (course unit)
The student can recognise and define fundamentals of financial accounting, income statement and balance sheet. The student knows the basic functions of bookkeeping software. The student can work in a group and take responsibility for his/her own work in individual and team assignments.
Assessment criteria, good (3-4) (course unit)
The student is able to determine and apply the fundamental concepts of financial accounting. He/she knows how income statement and balance sheet are prepared. The student can use bookkeeping software at a basic level. The student takes responsibility and commits to group activities in addition to his/her own work.
Assessment criteria, excellent (5) (course unit)
The student masters the fundamental concepts of financial accounting and financial statements in an excellent manner. The student is able to analyse financial statements and has good capabilities to apply the learning. The student can use bookkeeping software well at a basic level. The student can cooperate responsibly, flexibly and constructively and develop his/her own and the group’s interaction.
Location and time
Weeks 10-17/2024
Exam schedules
Course exam in April 2024
First retake exam in May,2024
Second retake exam in September, 2024
Assessment scale
0-5
Teaching methods
- lectures
- assignments
- teamwork
- bookkeeping and financial statements of practice firm
Learning materials
- Recommended reading will be listed in course Moodle
- Lecture material and assignments will be available in course Moodle
Student workload
2 ECTS = 54 hours
Completion alternatives
--
Enrolment period
06.02.2024 - 06.03.2024
Timing
04.03.2024 - 26.04.2024
Credits
2 op
Mode of delivery
Contact teaching
Unit
International Business
Campus
TAMK Main Campus
Teaching languages
- English
Degree programmes
- Bachelor's Degree Programme in International Business
Teachers
- Pia Lamminsivu
Person in charge
Pia Lamminsivu
Groups
-
23IB5International Business, syksy 2023, 5-ryhmä
-
23IB6International Business, syksy 2023, 6-ryhmä
-
23IB7International Business, syksy 2023, 7-ryhmä
-
23IB8International Business, syksy 2023, 8-ryhmä
Objectives (course unit)
During the course students will continue bookkeeping in virtual companies. At the end of the course they will prepare the financial statements.
After completing the course, the students will be able to:
• Record basic business transactions in accounting
• Prepare income statement and balance sheet for a small firm
Content (course unit)
• How are business transactions recorded in accounting?
• How are financial statements prepared?
• What do annual reports include?
Assessment criteria, satisfactory (1-2) (course unit)
The student can recognise and define fundamentals of financial accounting, income statement and balance sheet. The student knows the basic functions of bookkeeping software. The student can work in a group and take responsibility for his/her own work in individual and team assignments.
Assessment criteria, good (3-4) (course unit)
The student is able to determine and apply the fundamental concepts of financial accounting. He/she knows how income statement and balance sheet are prepared. The student can use bookkeeping software at a basic level. The student takes responsibility and commits to group activities in addition to his/her own work.
Assessment criteria, excellent (5) (course unit)
The student masters the fundamental concepts of financial accounting and financial statements in an excellent manner. The student is able to analyse financial statements and has good capabilities to apply the learning. The student can use bookkeeping software well at a basic level. The student can cooperate responsibly, flexibly and constructively and develop his/her own and the group’s interaction.
Location and time
Weeks 10-17/2024
Exam schedules
Course exam in April 2024
First retake exam in May,2024
Second retake exam in September, 2024
Assessment scale
0-5
Teaching methods
- lectures
- assignments
- teamwork
- bookkeeping and financial statements of practice firm
Learning materials
- Recommended reading will be listed in course Moodle
- Lecture material and assignments will be available in course Moodle
Student workload
2 ECTS = 54 hours
Completion alternatives
--
Enrolment period
05.02.2023 - 06.03.2023
Timing
07.03.2023 - 30.04.2023
Credits
2 op
Mode of delivery
Contact teaching
Unit
International Business
Teaching languages
- Finnish
Degree programmes
- Bachelor's Degree Programme in International Business
Teachers
- Pia Lamminsivu
Person in charge
Pia Lamminsivu
Groups
-
22IB1
-
22IB2
-
22IB3
-
22IB4
Objectives (course unit)
During the course students will continue bookkeeping in virtual companies. At the end of the course they will prepare the financial statements.
After completing the course, the students will be able to:
• Record basic business transactions in accounting
• Prepare income statement and balance sheet for a small firm
Content (course unit)
• How are business transactions recorded in accounting?
• How are financial statements prepared?
• What do annual reports include?
Assessment criteria, satisfactory (1-2) (course unit)
The student can recognise and define fundamentals of financial accounting, income statement and balance sheet. The student knows the basic functions of bookkeeping software. The student can work in a group and take responsibility for his/her own work in individual and team assignments.
Assessment criteria, good (3-4) (course unit)
The student is able to determine and apply the fundamental concepts of financial accounting. He/she knows how income statement and balance sheet are prepared. The student can use bookkeeping software at a basic level. The student takes responsibility and commits to group activities in addition to his/her own work.
Assessment criteria, excellent (5) (course unit)
The student masters the fundamental concepts of financial accounting and financial statements in an excellent manner. The student is able to analyse financial statements and has good capabilities to apply the learning. The student can use bookkeeping software well at a basic level. The student can cooperate responsibly, flexibly and constructively and develop his/her own and the group’s interaction.
Location and time
Weeks 10-17/2023
Exam schedules
Course exam in April 2023
First retake exam in May,2023
Second retake exam in September, 2023
Assessment scale
0-5
Teaching methods
- lectures
- assignments
- teamwork
- bookkeeping of practice firm
Learning materials
- Material in Moodle
- Accounting and Finance, An Introduction. Eddie McLaney and Peter Atrill. Pearson. 2016 or similar book.
Student workload
2 ECTS = 54 hours
Completion alternatives
--
Enrolment period
05.02.2023 - 06.03.2023
Timing
07.03.2023 - 30.04.2023
Credits
2 op
Mode of delivery
Contact teaching
Unit
International Business
Teaching languages
- Finnish
Degree programmes
- Bachelor's Degree Programme in International Business
Teachers
- Pia Lamminsivu
Person in charge
Pia Lamminsivu
Groups
-
22IB5
-
22IB6
-
22IB7
-
22IB8
Objectives (course unit)
During the course students will continue bookkeeping in virtual companies. At the end of the course they will prepare the financial statements.
After completing the course, the students will be able to:
• Record basic business transactions in accounting
• Prepare income statement and balance sheet for a small firm
Content (course unit)
• How are business transactions recorded in accounting?
• How are financial statements prepared?
• What do annual reports include?
Assessment criteria, satisfactory (1-2) (course unit)
The student can recognise and define fundamentals of financial accounting, income statement and balance sheet. The student knows the basic functions of bookkeeping software. The student can work in a group and take responsibility for his/her own work in individual and team assignments.
Assessment criteria, good (3-4) (course unit)
The student is able to determine and apply the fundamental concepts of financial accounting. He/she knows how income statement and balance sheet are prepared. The student can use bookkeeping software at a basic level. The student takes responsibility and commits to group activities in addition to his/her own work.
Assessment criteria, excellent (5) (course unit)
The student masters the fundamental concepts of financial accounting and financial statements in an excellent manner. The student is able to analyse financial statements and has good capabilities to apply the learning. The student can use bookkeeping software well at a basic level. The student can cooperate responsibly, flexibly and constructively and develop his/her own and the group’s interaction.
Location and time
Weeks 10-17/2023
Exam schedules
Course exam in April 2023
First retake exam in May,2023
Second retake exam in September, 2023
Assessment scale
0-5
Teaching methods
- lectures
- assignments
- teamwork
- bookkeeping of practice firm
Learning materials
- Material in Moodle
- Accounting and Finance, An Introduction. Eddie McLaney and Peter Atrill. Pearson. 2016 or similar book.
Student workload
2 ECTS = 54 hours
Completion alternatives
--
Enrolment period
16.01.2022 - 09.03.2022
Timing
07.03.2022 - 29.04.2022
Credits
2 op
Mode of delivery
Contact teaching
Unit
International Business
Campus
TAMK Main Campus
Teaching languages
- English
Degree programmes
- Bachelor's Degree Programme in International Business
Teachers
- Pia Lamminsivu
Person in charge
Pia Lamminsivu
Groups
-
21IB4
-
21IB3
-
21IB2
-
21IB1
Objectives (course unit)
During the course students will continue bookkeeping in virtual companies. At the end of the course they will prepare the financial statements.
After completing the course, the students will be able to:
• Record basic business transactions in accounting
• Prepare income statement and balance sheet for a small firm
Content (course unit)
• How are business transactions recorded in accounting?
• How are financial statements prepared?
• What do annual reports include?
Assessment criteria, satisfactory (1-2) (course unit)
The student can recognise and define fundamentals of financial accounting, income statement and balance sheet. The student knows the basic functions of bookkeeping software. The student can work in a group and take responsibility for his/her own work in individual and team assignments.
Assessment criteria, good (3-4) (course unit)
The student is able to determine and apply the fundamental concepts of financial accounting. He/she knows how income statement and balance sheet are prepared. The student can use bookkeeping software at a basic level. The student takes responsibility and commits to group activities in addition to his/her own work.
Assessment criteria, excellent (5) (course unit)
The student masters the fundamental concepts of financial accounting and financial statements in an excellent manner. The student is able to analyse financial statements and has good capabilities to apply the learning. The student can use bookkeeping software well at a basic level. The student can cooperate responsibly, flexibly and constructively and develop his/her own and the group’s interaction.
Location and time
Weeks 10-17/2022
Exam schedules
Course exam in April 2022
First retake exam on 24th of May,2022
Second retake exam in September, 2022
Assessment scale
0-5
Teaching methods
- lectures
- assignments
- teamwork
- bookkeeping of practice firm
Learning materials
- Material in Moodle
- Accounting and Finance, An Introduction. Eddie McLaney and Peter Atrill. Pearson. 2016 or similar book.
Student workload
2 ECTS = 54 hours
Completion alternatives
--
Enrolment period
16.01.2022 - 09.03.2022
Timing
07.03.2022 - 29.04.2022
Credits
2 op
Mode of delivery
Contact teaching
Unit
International Business
Campus
TAMK Main Campus
Teaching languages
- English
Degree programmes
- Bachelor's Degree Programme in International Business
Teachers
- Pia Lamminsivu
Person in charge
Pia Lamminsivu
Groups
-
21IB8
-
21IB7
-
21IB6
-
21IB5
Objectives (course unit)
During the course students will continue bookkeeping in virtual companies. At the end of the course they will prepare the financial statements.
After completing the course, the students will be able to:
• Record basic business transactions in accounting
• Prepare income statement and balance sheet for a small firm
Content (course unit)
• How are business transactions recorded in accounting?
• How are financial statements prepared?
• What do annual reports include?
Assessment criteria, satisfactory (1-2) (course unit)
The student can recognise and define fundamentals of financial accounting, income statement and balance sheet. The student knows the basic functions of bookkeeping software. The student can work in a group and take responsibility for his/her own work in individual and team assignments.
Assessment criteria, good (3-4) (course unit)
The student is able to determine and apply the fundamental concepts of financial accounting. He/she knows how income statement and balance sheet are prepared. The student can use bookkeeping software at a basic level. The student takes responsibility and commits to group activities in addition to his/her own work.
Assessment criteria, excellent (5) (course unit)
The student masters the fundamental concepts of financial accounting and financial statements in an excellent manner. The student is able to analyse financial statements and has good capabilities to apply the learning. The student can use bookkeeping software well at a basic level. The student can cooperate responsibly, flexibly and constructively and develop his/her own and the group’s interaction.
Location and time
Weeks 10-17/2022
Exam schedules
Course exam in April 2022
First retake exam on 24th of May,2022
Second retake exam in September, 2022
Assessment scale
0-5
Teaching methods
- lectures
- assignments
- teamwork
- bookkeeping of practice firm
Learning materials
- Material in Moodle
- Accounting and Finance, An Introduction. Eddie McLaney and Peter Atrill. Pearson. 2016 or similar book.
Student workload
2 ECTS = 54 hours
Completion alternatives
--