Sound Accounting and Financial Statement ProcedureLaajuus (5 cr)

Objectives

The course deepens students’ skills in accounting and business law.

After completing the course students will
- know the content of the Finnish accounting act and decree and can apply the “sound accounting procedure”
- be able to formulate and report separate and consolidate financial statements according to the Finnish accounting act
- know the key principles of IFRS
- master the key principles of the Finnish Limited Liability Companies Act

Content

What does “sound accounting procedure” mean?
How are the Finnish accounting act and decree interpreted in practice?
How are consolidated financial statements formulated?
How are financial statements reported to interest groups?
How is IFRS different from FAS?
What do company mergers and acquisitions mean?
What does the law require from limited companies?

Prerequisites

2. year studies or similar skills and knowledge.