The Profitable FirmLaajuus (5 cr)
Code: 3H00DP03
Credits
5 op
Objectives
During the course content the students familiarize themselves with labor law and payroll management. Another focus of the course is the profitability of business. The students deepen their understanding of financial transactions and get to use a transactions software.
JURISPRUDENCE AND PAYROLL CALCULATION 2 cr
After completing the course students
- know how the terms of employment contract are determined
- know the main rights and obligations of the employer and employee and the possible consequences for violating the obligations
- know how to terminate an employment relationship and what are the valid reasons for termination.
- can calculate the normal salary for employees and the deductions made before income taxation
- understand how the fringe benefits are taken into account when calculating salaries and how travel expenses are compensated
- are able to calculate overtime earnings based on the Working Hours Act and holiday pays based on the Annual Holidays Act.
FINANCIAL ADMINISTRATION 2 cr
After completing the course the students
- are able to calculate profit margins
- are able to prepare a small business profit budget, a cash flow budget and a balance sheet budget.
ACCOUNTING 1 cr
After completing the course the students
- have mastered basic financial transactions
- know the key regulations concerning value added taxes
- are able to use the basic functions of bookkeeping software.
Content
JURISPRUDENCE AND PAYROLL ACCOUNTING
How do the law, collective labor agreement and contract of employment determine the terms of employment?
What are the main rights and obligations of the employer and employee and the possible consequences for violating the obligations?
How to terminate an employment relationship and what are the valid reasons for termination?
What kinds of payroll systems can be used?
How are salaries calculated?
What kinds of compensations can employees have, in addition to the normal salary?
FINANCIAL ADMINISTRATION
How to make use of profit margins in a profitability assessment?
How to create a budget for a small business?
ACCOUNTING
How does VAT affect international goods trade?
How to make use of bookkeeping software when making entries?
Assessment criteria, satisfactory (1-2)
JURISPRUDENCE AND PAYROLL ACCOUNTING
The student knows the basic concepts of employment. They know the main rights and obligations of the employer and employee and the possible consequences for violating the obligations. The student has the basic skills to apply the provisions in practice but they are not able to justify the solutions.
The student is able to calculate the normal salary for employees in the most common situations and is familiar with the most common fringe benefits and compensation of travel expenses. The student knows the basics of overtime earnings and holiday pays.
FINANCIAL ADMINISTRATION
The student knows how to use overheads calculation to assess the profitability of a business. They knows the basic concepts related to budgeting. The student is able to prepare an earnings budget for a small business.
ACCOUNTING
The student knows the impact of VAT on the international goods trade. They are able to complete bookkeeping accounting.
Assessment criteria, good (3-4)
JURISPRUDENCE AND PAYROLL ACCOUNTING
The student has mastered well the basic concepts and provisions of employment. They know the main rights and obligations of the employer and employee and possible consequences for violating the obligations. The student is able to apply the provisions in practice and justify the solutions.
The student is able to calculate the normal salary for employees and is familiar with fringe benefits and compensation of travel expenses. They know how overtime earnings and holiday pays are determined.
FINANCIAL ADMINISTRATION
The student manages the margin calculation in the company’s profitability assessment. They have mastered the basic concepts related to budgeting and are able to compile earnings and cash flow budgets for a small business.
ACCOUNTING
The student is familiar with the value added tax related to international trade in goods. They have mastered the use of the accounting software for making entries.
Assessment criteria, excellent (5)
JURISPRUDENCE AND PAYROLL ACCOUNTING
The student knows well the basic concepts and provisions of employment. They also know well the main rights and obligations of the employer and employee and possible consequences for violating the obligations. The student is able to analyze related legal problems and justify their solution comprehensively.
The student knows how to calculate salaries for employees and is able to apply the knowledge in different practical payroll accounting situations. They know where to seek for further information and are also able to look for new solutions or operations models.
FINANCIAL ADMINISTRATION
The student is able to apply the calculation of the profit margin in the company’s profitability assessment and to draw conclusions from it. They understand budgeting as a whole. The student is able to prepare a small business result, cash flow and balance sheet budget.
ACCOUNTING
The student has mastered how the value added tax is related to international trade in goods.
They are able to efficiently utilize accounting software for making entries.
Enrolment period
22.11.2023 - 05.01.2024
Timing
08.01.2024 - 23.02.2024
Credits
5 op
Virtual portion
2 op
Mode of delivery
60 % Contact teaching, 40 % Distance learning
Unit
Business Administration
Campus
TAMK Main Campus
Teaching languages
- Finnish
Seats
20 - 40
Degree programmes
- Degree Programme in Business Administration
Teachers
- Hanna Laasanen
- Petriina Vuorinen
- Taina Huhtinen
Person in charge
Petriina Vuorinen
Groups
-
23LIKO1
Objectives (course unit)
During the course content the students familiarize themselves with labor law and payroll management. Another focus of the course is the profitability of business. The students deepen their understanding of financial transactions and get to use a transactions software.
JURISPRUDENCE AND PAYROLL CALCULATION 2 cr
After completing the course students
- know how the terms of employment contract are determined
- know the main rights and obligations of the employer and employee and the possible consequences for violating the obligations
- know how to terminate an employment relationship and what are the valid reasons for termination.
- can calculate the normal salary for employees and the deductions made before income taxation
- understand how the fringe benefits are taken into account when calculating salaries and how travel expenses are compensated
- are able to calculate overtime earnings based on the Working Hours Act and holiday pays based on the Annual Holidays Act.
FINANCIAL ADMINISTRATION 2 cr
After completing the course the students
- are able to calculate profit margins
- are able to prepare a small business profit budget, a cash flow budget and a balance sheet budget.
ACCOUNTING 1 cr
After completing the course the students
- have mastered basic financial transactions
- know the key regulations concerning value added taxes
- are able to use the basic functions of bookkeeping software.
Content (course unit)
JURISPRUDENCE AND PAYROLL ACCOUNTING
How do the law, collective labor agreement and contract of employment determine the terms of employment?
What are the main rights and obligations of the employer and employee and the possible consequences for violating the obligations?
How to terminate an employment relationship and what are the valid reasons for termination?
What kinds of payroll systems can be used?
How are salaries calculated?
What kinds of compensations can employees have, in addition to the normal salary?
FINANCIAL ADMINISTRATION
How to make use of profit margins in a profitability assessment?
How to create a budget for a small business?
ACCOUNTING
How does VAT affect international goods trade?
How to make use of bookkeeping software when making entries?
Assessment criteria, satisfactory (1-2) (course unit)
JURISPRUDENCE AND PAYROLL ACCOUNTING
The student knows the basic concepts of employment. They know the main rights and obligations of the employer and employee and the possible consequences for violating the obligations. The student has the basic skills to apply the provisions in practice but they are not able to justify the solutions.
The student is able to calculate the normal salary for employees in the most common situations and is familiar with the most common fringe benefits and compensation of travel expenses. The student knows the basics of overtime earnings and holiday pays.
FINANCIAL ADMINISTRATION
The student knows how to use overheads calculation to assess the profitability of a business. They knows the basic concepts related to budgeting. The student is able to prepare an earnings budget for a small business.
ACCOUNTING
The student knows the impact of VAT on the international goods trade. They are able to complete bookkeeping accounting.
Assessment criteria, good (3-4) (course unit)
JURISPRUDENCE AND PAYROLL ACCOUNTING
The student has mastered well the basic concepts and provisions of employment. They know the main rights and obligations of the employer and employee and possible consequences for violating the obligations. The student is able to apply the provisions in practice and justify the solutions.
The student is able to calculate the normal salary for employees and is familiar with fringe benefits and compensation of travel expenses. They know how overtime earnings and holiday pays are determined.
FINANCIAL ADMINISTRATION
The student manages the margin calculation in the company’s profitability assessment. They have mastered the basic concepts related to budgeting and are able to compile earnings and cash flow budgets for a small business.
ACCOUNTING
The student is familiar with the value added tax related to international trade in goods. They have mastered the use of the accounting software for making entries.
Assessment criteria, excellent (5) (course unit)
JURISPRUDENCE AND PAYROLL ACCOUNTING
The student knows well the basic concepts and provisions of employment. They also know well the main rights and obligations of the employer and employee and possible consequences for violating the obligations. The student is able to analyze related legal problems and justify their solution comprehensively.
The student knows how to calculate salaries for employees and is able to apply the knowledge in different practical payroll accounting situations. They know where to seek for further information and are also able to look for new solutions or operations models.
FINANCIAL ADMINISTRATION
The student is able to apply the calculation of the profit margin in the company’s profitability assessment and to draw conclusions from it. They understand budgeting as a whole. The student is able to prepare a small business result, cash flow and balance sheet budget.
ACCOUNTING
The student has mastered how the value added tax is related to international trade in goods.
They are able to efficiently utilize accounting software for making entries.
Assessment scale
0-5
Enrolment period
22.11.2023 - 05.01.2024
Timing
08.01.2024 - 23.02.2024
Credits
5 op
Virtual portion
2 op
Mode of delivery
60 % Contact teaching, 40 % Distance learning
Unit
Business Administration
Campus
TAMK Main Campus
Teaching languages
- Finnish
Degree programmes
- Degree Programme in Business Administration
Teachers
- Hanna Laasanen
- Petriina Vuorinen
- Taina Huhtinen
Person in charge
Petriina Vuorinen
Groups
-
23LIKO2
Objectives (course unit)
During the course content the students familiarize themselves with labor law and payroll management. Another focus of the course is the profitability of business. The students deepen their understanding of financial transactions and get to use a transactions software.
JURISPRUDENCE AND PAYROLL CALCULATION 2 cr
After completing the course students
- know how the terms of employment contract are determined
- know the main rights and obligations of the employer and employee and the possible consequences for violating the obligations
- know how to terminate an employment relationship and what are the valid reasons for termination.
- can calculate the normal salary for employees and the deductions made before income taxation
- understand how the fringe benefits are taken into account when calculating salaries and how travel expenses are compensated
- are able to calculate overtime earnings based on the Working Hours Act and holiday pays based on the Annual Holidays Act.
FINANCIAL ADMINISTRATION 2 cr
After completing the course the students
- are able to calculate profit margins
- are able to prepare a small business profit budget, a cash flow budget and a balance sheet budget.
ACCOUNTING 1 cr
After completing the course the students
- have mastered basic financial transactions
- know the key regulations concerning value added taxes
- are able to use the basic functions of bookkeeping software.
Content (course unit)
JURISPRUDENCE AND PAYROLL ACCOUNTING
How do the law, collective labor agreement and contract of employment determine the terms of employment?
What are the main rights and obligations of the employer and employee and the possible consequences for violating the obligations?
How to terminate an employment relationship and what are the valid reasons for termination?
What kinds of payroll systems can be used?
How are salaries calculated?
What kinds of compensations can employees have, in addition to the normal salary?
FINANCIAL ADMINISTRATION
How to make use of profit margins in a profitability assessment?
How to create a budget for a small business?
ACCOUNTING
How does VAT affect international goods trade?
How to make use of bookkeeping software when making entries?
Assessment criteria, satisfactory (1-2) (course unit)
JURISPRUDENCE AND PAYROLL ACCOUNTING
The student knows the basic concepts of employment. They know the main rights and obligations of the employer and employee and the possible consequences for violating the obligations. The student has the basic skills to apply the provisions in practice but they are not able to justify the solutions.
The student is able to calculate the normal salary for employees in the most common situations and is familiar with the most common fringe benefits and compensation of travel expenses. The student knows the basics of overtime earnings and holiday pays.
FINANCIAL ADMINISTRATION
The student knows how to use overheads calculation to assess the profitability of a business. They knows the basic concepts related to budgeting. The student is able to prepare an earnings budget for a small business.
ACCOUNTING
The student knows the impact of VAT on the international goods trade. They are able to complete bookkeeping accounting.
Assessment criteria, good (3-4) (course unit)
JURISPRUDENCE AND PAYROLL ACCOUNTING
The student has mastered well the basic concepts and provisions of employment. They know the main rights and obligations of the employer and employee and possible consequences for violating the obligations. The student is able to apply the provisions in practice and justify the solutions.
The student is able to calculate the normal salary for employees and is familiar with fringe benefits and compensation of travel expenses. They know how overtime earnings and holiday pays are determined.
FINANCIAL ADMINISTRATION
The student manages the margin calculation in the company’s profitability assessment. They have mastered the basic concepts related to budgeting and are able to compile earnings and cash flow budgets for a small business.
ACCOUNTING
The student is familiar with the value added tax related to international trade in goods. They have mastered the use of the accounting software for making entries.
Assessment criteria, excellent (5) (course unit)
JURISPRUDENCE AND PAYROLL ACCOUNTING
The student knows well the basic concepts and provisions of employment. They also know well the main rights and obligations of the employer and employee and possible consequences for violating the obligations. The student is able to analyze related legal problems and justify their solution comprehensively.
The student knows how to calculate salaries for employees and is able to apply the knowledge in different practical payroll accounting situations. They know where to seek for further information and are also able to look for new solutions or operations models.
FINANCIAL ADMINISTRATION
The student is able to apply the calculation of the profit margin in the company’s profitability assessment and to draw conclusions from it. They understand budgeting as a whole. The student is able to prepare a small business result, cash flow and balance sheet budget.
ACCOUNTING
The student has mastered how the value added tax is related to international trade in goods.
They are able to efficiently utilize accounting software for making entries.
Assessment scale
0-5
Enrolment period
22.11.2023 - 05.01.2024
Timing
08.01.2024 - 23.02.2024
Credits
5 op
Virtual portion
2 op
Mode of delivery
60 % Contact teaching, 40 % Distance learning
Unit
Business Administration
Campus
TAMK Main Campus
Teaching languages
- Finnish
Degree programmes
- Degree Programme in Business Administration
Teachers
- Hanna Laasanen
- Petriina Vuorinen
- Taina Huhtinen
Person in charge
Petriina Vuorinen
Groups
-
23LIKO3
Objectives (course unit)
During the course content the students familiarize themselves with labor law and payroll management. Another focus of the course is the profitability of business. The students deepen their understanding of financial transactions and get to use a transactions software.
JURISPRUDENCE AND PAYROLL CALCULATION 2 cr
After completing the course students
- know how the terms of employment contract are determined
- know the main rights and obligations of the employer and employee and the possible consequences for violating the obligations
- know how to terminate an employment relationship and what are the valid reasons for termination.
- can calculate the normal salary for employees and the deductions made before income taxation
- understand how the fringe benefits are taken into account when calculating salaries and how travel expenses are compensated
- are able to calculate overtime earnings based on the Working Hours Act and holiday pays based on the Annual Holidays Act.
FINANCIAL ADMINISTRATION 2 cr
After completing the course the students
- are able to calculate profit margins
- are able to prepare a small business profit budget, a cash flow budget and a balance sheet budget.
ACCOUNTING 1 cr
After completing the course the students
- have mastered basic financial transactions
- know the key regulations concerning value added taxes
- are able to use the basic functions of bookkeeping software.
Content (course unit)
JURISPRUDENCE AND PAYROLL ACCOUNTING
How do the law, collective labor agreement and contract of employment determine the terms of employment?
What are the main rights and obligations of the employer and employee and the possible consequences for violating the obligations?
How to terminate an employment relationship and what are the valid reasons for termination?
What kinds of payroll systems can be used?
How are salaries calculated?
What kinds of compensations can employees have, in addition to the normal salary?
FINANCIAL ADMINISTRATION
How to make use of profit margins in a profitability assessment?
How to create a budget for a small business?
ACCOUNTING
How does VAT affect international goods trade?
How to make use of bookkeeping software when making entries?
Assessment criteria, satisfactory (1-2) (course unit)
JURISPRUDENCE AND PAYROLL ACCOUNTING
The student knows the basic concepts of employment. They know the main rights and obligations of the employer and employee and the possible consequences for violating the obligations. The student has the basic skills to apply the provisions in practice but they are not able to justify the solutions.
The student is able to calculate the normal salary for employees in the most common situations and is familiar with the most common fringe benefits and compensation of travel expenses. The student knows the basics of overtime earnings and holiday pays.
FINANCIAL ADMINISTRATION
The student knows how to use overheads calculation to assess the profitability of a business. They knows the basic concepts related to budgeting. The student is able to prepare an earnings budget for a small business.
ACCOUNTING
The student knows the impact of VAT on the international goods trade. They are able to complete bookkeeping accounting.
Assessment criteria, good (3-4) (course unit)
JURISPRUDENCE AND PAYROLL ACCOUNTING
The student has mastered well the basic concepts and provisions of employment. They know the main rights and obligations of the employer and employee and possible consequences for violating the obligations. The student is able to apply the provisions in practice and justify the solutions.
The student is able to calculate the normal salary for employees and is familiar with fringe benefits and compensation of travel expenses. They know how overtime earnings and holiday pays are determined.
FINANCIAL ADMINISTRATION
The student manages the margin calculation in the company’s profitability assessment. They have mastered the basic concepts related to budgeting and are able to compile earnings and cash flow budgets for a small business.
ACCOUNTING
The student is familiar with the value added tax related to international trade in goods. They have mastered the use of the accounting software for making entries.
Assessment criteria, excellent (5) (course unit)
JURISPRUDENCE AND PAYROLL ACCOUNTING
The student knows well the basic concepts and provisions of employment. They also know well the main rights and obligations of the employer and employee and possible consequences for violating the obligations. The student is able to analyze related legal problems and justify their solution comprehensively.
The student knows how to calculate salaries for employees and is able to apply the knowledge in different practical payroll accounting situations. They know where to seek for further information and are also able to look for new solutions or operations models.
FINANCIAL ADMINISTRATION
The student is able to apply the calculation of the profit margin in the company’s profitability assessment and to draw conclusions from it. They understand budgeting as a whole. The student is able to prepare a small business result, cash flow and balance sheet budget.
ACCOUNTING
The student has mastered how the value added tax is related to international trade in goods.
They are able to efficiently utilize accounting software for making entries.
Assessment scale
0-5
Enrolment period
22.11.2023 - 05.01.2024
Timing
08.01.2024 - 23.02.2024
Credits
5 op
Virtual portion
2 op
Mode of delivery
60 % Contact teaching, 40 % Distance learning
Unit
Business Administration
Campus
TAMK Main Campus
Teaching languages
- Finnish
Degree programmes
- Degree Programme in Business Administration
Teachers
- Hanna Laasanen
- Petriina Vuorinen
- Taina Huhtinen
Person in charge
Petriina Vuorinen
Groups
-
23LIKO4
Objectives (course unit)
During the course content the students familiarize themselves with labor law and payroll management. Another focus of the course is the profitability of business. The students deepen their understanding of financial transactions and get to use a transactions software.
JURISPRUDENCE AND PAYROLL CALCULATION 2 cr
After completing the course students
- know how the terms of employment contract are determined
- know the main rights and obligations of the employer and employee and the possible consequences for violating the obligations
- know how to terminate an employment relationship and what are the valid reasons for termination.
- can calculate the normal salary for employees and the deductions made before income taxation
- understand how the fringe benefits are taken into account when calculating salaries and how travel expenses are compensated
- are able to calculate overtime earnings based on the Working Hours Act and holiday pays based on the Annual Holidays Act.
FINANCIAL ADMINISTRATION 2 cr
After completing the course the students
- are able to calculate profit margins
- are able to prepare a small business profit budget, a cash flow budget and a balance sheet budget.
ACCOUNTING 1 cr
After completing the course the students
- have mastered basic financial transactions
- know the key regulations concerning value added taxes
- are able to use the basic functions of bookkeeping software.
Content (course unit)
JURISPRUDENCE AND PAYROLL ACCOUNTING
How do the law, collective labor agreement and contract of employment determine the terms of employment?
What are the main rights and obligations of the employer and employee and the possible consequences for violating the obligations?
How to terminate an employment relationship and what are the valid reasons for termination?
What kinds of payroll systems can be used?
How are salaries calculated?
What kinds of compensations can employees have, in addition to the normal salary?
FINANCIAL ADMINISTRATION
How to make use of profit margins in a profitability assessment?
How to create a budget for a small business?
ACCOUNTING
How does VAT affect international goods trade?
How to make use of bookkeeping software when making entries?
Assessment criteria, satisfactory (1-2) (course unit)
JURISPRUDENCE AND PAYROLL ACCOUNTING
The student knows the basic concepts of employment. They know the main rights and obligations of the employer and employee and the possible consequences for violating the obligations. The student has the basic skills to apply the provisions in practice but they are not able to justify the solutions.
The student is able to calculate the normal salary for employees in the most common situations and is familiar with the most common fringe benefits and compensation of travel expenses. The student knows the basics of overtime earnings and holiday pays.
FINANCIAL ADMINISTRATION
The student knows how to use overheads calculation to assess the profitability of a business. They knows the basic concepts related to budgeting. The student is able to prepare an earnings budget for a small business.
ACCOUNTING
The student knows the impact of VAT on the international goods trade. They are able to complete bookkeeping accounting.
Assessment criteria, good (3-4) (course unit)
JURISPRUDENCE AND PAYROLL ACCOUNTING
The student has mastered well the basic concepts and provisions of employment. They know the main rights and obligations of the employer and employee and possible consequences for violating the obligations. The student is able to apply the provisions in practice and justify the solutions.
The student is able to calculate the normal salary for employees and is familiar with fringe benefits and compensation of travel expenses. They know how overtime earnings and holiday pays are determined.
FINANCIAL ADMINISTRATION
The student manages the margin calculation in the company’s profitability assessment. They have mastered the basic concepts related to budgeting and are able to compile earnings and cash flow budgets for a small business.
ACCOUNTING
The student is familiar with the value added tax related to international trade in goods. They have mastered the use of the accounting software for making entries.
Assessment criteria, excellent (5) (course unit)
JURISPRUDENCE AND PAYROLL ACCOUNTING
The student knows well the basic concepts and provisions of employment. They also know well the main rights and obligations of the employer and employee and possible consequences for violating the obligations. The student is able to analyze related legal problems and justify their solution comprehensively.
The student knows how to calculate salaries for employees and is able to apply the knowledge in different practical payroll accounting situations. They know where to seek for further information and are also able to look for new solutions or operations models.
FINANCIAL ADMINISTRATION
The student is able to apply the calculation of the profit margin in the company’s profitability assessment and to draw conclusions from it. They understand budgeting as a whole. The student is able to prepare a small business result, cash flow and balance sheet budget.
ACCOUNTING
The student has mastered how the value added tax is related to international trade in goods.
They are able to efficiently utilize accounting software for making entries.
Assessment scale
0-5
Enrolment period
23.11.2022 - 05.01.2023
Timing
01.01.2023 - 05.03.2023
Credits
5 op
Virtual portion
3 op
Mode of delivery
40 % Contact teaching, 60 % Distance learning
Unit
Business Administration
Campus
TAMK Main Campus
Teaching languages
- Finnish
Seats
20 - 40
Degree programmes
- Degree Programme in Business Administration
Teachers
- Hanna Laasanen
- Petriina Vuorinen
- Taina Huhtinen
Person in charge
Petriina Vuorinen
Groups
-
22LIKO1
Objectives (course unit)
During the course content the students familiarize themselves with labor law and payroll management. Another focus of the course is the profitability of business. The students deepen their understanding of financial transactions and get to use a transactions software.
JURISPRUDENCE AND PAYROLL CALCULATION 2 cr
After completing the course students
- know how the terms of employment contract are determined
- know the main rights and obligations of the employer and employee and the possible consequences for violating the obligations
- know how to terminate an employment relationship and what are the valid reasons for termination.
- can calculate the normal salary for employees and the deductions made before income taxation
- understand how the fringe benefits are taken into account when calculating salaries and how travel expenses are compensated
- are able to calculate overtime earnings based on the Working Hours Act and holiday pays based on the Annual Holidays Act.
FINANCIAL ADMINISTRATION 2 cr
After completing the course the students
- are able to calculate profit margins
- are able to prepare a small business profit budget, a cash flow budget and a balance sheet budget.
ACCOUNTING 1 cr
After completing the course the students
- have mastered basic financial transactions
- know the key regulations concerning value added taxes
- are able to use the basic functions of bookkeeping software.
Content (course unit)
JURISPRUDENCE AND PAYROLL ACCOUNTING
How do the law, collective labor agreement and contract of employment determine the terms of employment?
What are the main rights and obligations of the employer and employee and the possible consequences for violating the obligations?
How to terminate an employment relationship and what are the valid reasons for termination?
What kinds of payroll systems can be used?
How are salaries calculated?
What kinds of compensations can employees have, in addition to the normal salary?
FINANCIAL ADMINISTRATION
How to make use of profit margins in a profitability assessment?
How to create a budget for a small business?
ACCOUNTING
How does VAT affect international goods trade?
How to make use of bookkeeping software when making entries?
Assessment criteria, satisfactory (1-2) (course unit)
JURISPRUDENCE AND PAYROLL ACCOUNTING
The student knows the basic concepts of employment. They know the main rights and obligations of the employer and employee and the possible consequences for violating the obligations. The student has the basic skills to apply the provisions in practice but they are not able to justify the solutions.
The student is able to calculate the normal salary for employees in the most common situations and is familiar with the most common fringe benefits and compensation of travel expenses. The student knows the basics of overtime earnings and holiday pays.
FINANCIAL ADMINISTRATION
The student knows how to use overheads calculation to assess the profitability of a business. They knows the basic concepts related to budgeting. The student is able to prepare an earnings budget for a small business.
ACCOUNTING
The student knows the impact of VAT on the international goods trade. They are able to complete bookkeeping accounting.
Assessment criteria, good (3-4) (course unit)
JURISPRUDENCE AND PAYROLL ACCOUNTING
The student has mastered well the basic concepts and provisions of employment. They know the main rights and obligations of the employer and employee and possible consequences for violating the obligations. The student is able to apply the provisions in practice and justify the solutions.
The student is able to calculate the normal salary for employees and is familiar with fringe benefits and compensation of travel expenses. They know how overtime earnings and holiday pays are determined.
FINANCIAL ADMINISTRATION
The student manages the margin calculation in the company’s profitability assessment. They have mastered the basic concepts related to budgeting and are able to compile earnings and cash flow budgets for a small business.
ACCOUNTING
The student is familiar with the value added tax related to international trade in goods. They have mastered the use of the accounting software for making entries.
Assessment criteria, excellent (5) (course unit)
JURISPRUDENCE AND PAYROLL ACCOUNTING
The student knows well the basic concepts and provisions of employment. They also know well the main rights and obligations of the employer and employee and possible consequences for violating the obligations. The student is able to analyze related legal problems and justify their solution comprehensively.
The student knows how to calculate salaries for employees and is able to apply the knowledge in different practical payroll accounting situations. They know where to seek for further information and are also able to look for new solutions or operations models.
FINANCIAL ADMINISTRATION
The student is able to apply the calculation of the profit margin in the company’s profitability assessment and to draw conclusions from it. They understand budgeting as a whole. The student is able to prepare a small business result, cash flow and balance sheet budget.
ACCOUNTING
The student has mastered how the value added tax is related to international trade in goods.
They are able to efficiently utilize accounting software for making entries.
Assessment scale
0-5
Enrolment period
23.11.2022 - 05.01.2023
Timing
01.01.2023 - 05.03.2023
Credits
5 op
Virtual portion
3 op
Mode of delivery
40 % Contact teaching, 60 % Distance learning
Unit
Business Administration
Campus
TAMK Main Campus
Teaching languages
- Finnish
Seats
20 - 40
Degree programmes
- Degree Programme in Business Administration
Teachers
- Hanna Laasanen
- Petriina Vuorinen
- Taina Huhtinen
Person in charge
Petriina Vuorinen
Groups
-
22LIKO2
Objectives (course unit)
During the course content the students familiarize themselves with labor law and payroll management. Another focus of the course is the profitability of business. The students deepen their understanding of financial transactions and get to use a transactions software.
JURISPRUDENCE AND PAYROLL CALCULATION 2 cr
After completing the course students
- know how the terms of employment contract are determined
- know the main rights and obligations of the employer and employee and the possible consequences for violating the obligations
- know how to terminate an employment relationship and what are the valid reasons for termination.
- can calculate the normal salary for employees and the deductions made before income taxation
- understand how the fringe benefits are taken into account when calculating salaries and how travel expenses are compensated
- are able to calculate overtime earnings based on the Working Hours Act and holiday pays based on the Annual Holidays Act.
FINANCIAL ADMINISTRATION 2 cr
After completing the course the students
- are able to calculate profit margins
- are able to prepare a small business profit budget, a cash flow budget and a balance sheet budget.
ACCOUNTING 1 cr
After completing the course the students
- have mastered basic financial transactions
- know the key regulations concerning value added taxes
- are able to use the basic functions of bookkeeping software.
Content (course unit)
JURISPRUDENCE AND PAYROLL ACCOUNTING
How do the law, collective labor agreement and contract of employment determine the terms of employment?
What are the main rights and obligations of the employer and employee and the possible consequences for violating the obligations?
How to terminate an employment relationship and what are the valid reasons for termination?
What kinds of payroll systems can be used?
How are salaries calculated?
What kinds of compensations can employees have, in addition to the normal salary?
FINANCIAL ADMINISTRATION
How to make use of profit margins in a profitability assessment?
How to create a budget for a small business?
ACCOUNTING
How does VAT affect international goods trade?
How to make use of bookkeeping software when making entries?
Assessment criteria, satisfactory (1-2) (course unit)
JURISPRUDENCE AND PAYROLL ACCOUNTING
The student knows the basic concepts of employment. They know the main rights and obligations of the employer and employee and the possible consequences for violating the obligations. The student has the basic skills to apply the provisions in practice but they are not able to justify the solutions.
The student is able to calculate the normal salary for employees in the most common situations and is familiar with the most common fringe benefits and compensation of travel expenses. The student knows the basics of overtime earnings and holiday pays.
FINANCIAL ADMINISTRATION
The student knows how to use overheads calculation to assess the profitability of a business. They knows the basic concepts related to budgeting. The student is able to prepare an earnings budget for a small business.
ACCOUNTING
The student knows the impact of VAT on the international goods trade. They are able to complete bookkeeping accounting.
Assessment criteria, good (3-4) (course unit)
JURISPRUDENCE AND PAYROLL ACCOUNTING
The student has mastered well the basic concepts and provisions of employment. They know the main rights and obligations of the employer and employee and possible consequences for violating the obligations. The student is able to apply the provisions in practice and justify the solutions.
The student is able to calculate the normal salary for employees and is familiar with fringe benefits and compensation of travel expenses. They know how overtime earnings and holiday pays are determined.
FINANCIAL ADMINISTRATION
The student manages the margin calculation in the company’s profitability assessment. They have mastered the basic concepts related to budgeting and are able to compile earnings and cash flow budgets for a small business.
ACCOUNTING
The student is familiar with the value added tax related to international trade in goods. They have mastered the use of the accounting software for making entries.
Assessment criteria, excellent (5) (course unit)
JURISPRUDENCE AND PAYROLL ACCOUNTING
The student knows well the basic concepts and provisions of employment. They also know well the main rights and obligations of the employer and employee and possible consequences for violating the obligations. The student is able to analyze related legal problems and justify their solution comprehensively.
The student knows how to calculate salaries for employees and is able to apply the knowledge in different practical payroll accounting situations. They know where to seek for further information and are also able to look for new solutions or operations models.
FINANCIAL ADMINISTRATION
The student is able to apply the calculation of the profit margin in the company’s profitability assessment and to draw conclusions from it. They understand budgeting as a whole. The student is able to prepare a small business result, cash flow and balance sheet budget.
ACCOUNTING
The student has mastered how the value added tax is related to international trade in goods.
They are able to efficiently utilize accounting software for making entries.
Assessment scale
0-5
Enrolment period
23.11.2022 - 05.01.2023
Timing
01.01.2023 - 05.03.2023
Credits
5 op
Virtual portion
3 op
Mode of delivery
40 % Contact teaching, 60 % Distance learning
Unit
Business Administration
Campus
TAMK Main Campus
Teaching languages
- Finnish
Seats
20 - 40
Degree programmes
- Degree Programme in Business Administration
Teachers
- Hanna Laasanen
- Petriina Vuorinen
- Taina Huhtinen
Person in charge
Petriina Vuorinen
Groups
-
22LIKO3
Objectives (course unit)
During the course content the students familiarize themselves with labor law and payroll management. Another focus of the course is the profitability of business. The students deepen their understanding of financial transactions and get to use a transactions software.
JURISPRUDENCE AND PAYROLL CALCULATION 2 cr
After completing the course students
- know how the terms of employment contract are determined
- know the main rights and obligations of the employer and employee and the possible consequences for violating the obligations
- know how to terminate an employment relationship and what are the valid reasons for termination.
- can calculate the normal salary for employees and the deductions made before income taxation
- understand how the fringe benefits are taken into account when calculating salaries and how travel expenses are compensated
- are able to calculate overtime earnings based on the Working Hours Act and holiday pays based on the Annual Holidays Act.
FINANCIAL ADMINISTRATION 2 cr
After completing the course the students
- are able to calculate profit margins
- are able to prepare a small business profit budget, a cash flow budget and a balance sheet budget.
ACCOUNTING 1 cr
After completing the course the students
- have mastered basic financial transactions
- know the key regulations concerning value added taxes
- are able to use the basic functions of bookkeeping software.
Content (course unit)
JURISPRUDENCE AND PAYROLL ACCOUNTING
How do the law, collective labor agreement and contract of employment determine the terms of employment?
What are the main rights and obligations of the employer and employee and the possible consequences for violating the obligations?
How to terminate an employment relationship and what are the valid reasons for termination?
What kinds of payroll systems can be used?
How are salaries calculated?
What kinds of compensations can employees have, in addition to the normal salary?
FINANCIAL ADMINISTRATION
How to make use of profit margins in a profitability assessment?
How to create a budget for a small business?
ACCOUNTING
How does VAT affect international goods trade?
How to make use of bookkeeping software when making entries?
Assessment criteria, satisfactory (1-2) (course unit)
JURISPRUDENCE AND PAYROLL ACCOUNTING
The student knows the basic concepts of employment. They know the main rights and obligations of the employer and employee and the possible consequences for violating the obligations. The student has the basic skills to apply the provisions in practice but they are not able to justify the solutions.
The student is able to calculate the normal salary for employees in the most common situations and is familiar with the most common fringe benefits and compensation of travel expenses. The student knows the basics of overtime earnings and holiday pays.
FINANCIAL ADMINISTRATION
The student knows how to use overheads calculation to assess the profitability of a business. They knows the basic concepts related to budgeting. The student is able to prepare an earnings budget for a small business.
ACCOUNTING
The student knows the impact of VAT on the international goods trade. They are able to complete bookkeeping accounting.
Assessment criteria, good (3-4) (course unit)
JURISPRUDENCE AND PAYROLL ACCOUNTING
The student has mastered well the basic concepts and provisions of employment. They know the main rights and obligations of the employer and employee and possible consequences for violating the obligations. The student is able to apply the provisions in practice and justify the solutions.
The student is able to calculate the normal salary for employees and is familiar with fringe benefits and compensation of travel expenses. They know how overtime earnings and holiday pays are determined.
FINANCIAL ADMINISTRATION
The student manages the margin calculation in the company’s profitability assessment. They have mastered the basic concepts related to budgeting and are able to compile earnings and cash flow budgets for a small business.
ACCOUNTING
The student is familiar with the value added tax related to international trade in goods. They have mastered the use of the accounting software for making entries.
Assessment criteria, excellent (5) (course unit)
JURISPRUDENCE AND PAYROLL ACCOUNTING
The student knows well the basic concepts and provisions of employment. They also know well the main rights and obligations of the employer and employee and possible consequences for violating the obligations. The student is able to analyze related legal problems and justify their solution comprehensively.
The student knows how to calculate salaries for employees and is able to apply the knowledge in different practical payroll accounting situations. They know where to seek for further information and are also able to look for new solutions or operations models.
FINANCIAL ADMINISTRATION
The student is able to apply the calculation of the profit margin in the company’s profitability assessment and to draw conclusions from it. They understand budgeting as a whole. The student is able to prepare a small business result, cash flow and balance sheet budget.
ACCOUNTING
The student has mastered how the value added tax is related to international trade in goods.
They are able to efficiently utilize accounting software for making entries.
Assessment scale
0-5
Enrolment period
23.11.2022 - 05.01.2023
Timing
01.01.2023 - 05.03.2023
Credits
5 op
Virtual portion
3 op
Mode of delivery
40 % Contact teaching, 60 % Distance learning
Unit
Business Administration
Campus
TAMK Main Campus
Teaching languages
- Finnish
Seats
20 - 40
Degree programmes
- Degree Programme in Business Administration
Teachers
- Hanna Laasanen
- Petriina Vuorinen
- Taina Huhtinen
Person in charge
Petriina Vuorinen
Groups
-
22LIKO4
Objectives (course unit)
During the course content the students familiarize themselves with labor law and payroll management. Another focus of the course is the profitability of business. The students deepen their understanding of financial transactions and get to use a transactions software.
JURISPRUDENCE AND PAYROLL CALCULATION 2 cr
After completing the course students
- know how the terms of employment contract are determined
- know the main rights and obligations of the employer and employee and the possible consequences for violating the obligations
- know how to terminate an employment relationship and what are the valid reasons for termination.
- can calculate the normal salary for employees and the deductions made before income taxation
- understand how the fringe benefits are taken into account when calculating salaries and how travel expenses are compensated
- are able to calculate overtime earnings based on the Working Hours Act and holiday pays based on the Annual Holidays Act.
FINANCIAL ADMINISTRATION 2 cr
After completing the course the students
- are able to calculate profit margins
- are able to prepare a small business profit budget, a cash flow budget and a balance sheet budget.
ACCOUNTING 1 cr
After completing the course the students
- have mastered basic financial transactions
- know the key regulations concerning value added taxes
- are able to use the basic functions of bookkeeping software.
Content (course unit)
JURISPRUDENCE AND PAYROLL ACCOUNTING
How do the law, collective labor agreement and contract of employment determine the terms of employment?
What are the main rights and obligations of the employer and employee and the possible consequences for violating the obligations?
How to terminate an employment relationship and what are the valid reasons for termination?
What kinds of payroll systems can be used?
How are salaries calculated?
What kinds of compensations can employees have, in addition to the normal salary?
FINANCIAL ADMINISTRATION
How to make use of profit margins in a profitability assessment?
How to create a budget for a small business?
ACCOUNTING
How does VAT affect international goods trade?
How to make use of bookkeeping software when making entries?
Assessment criteria, satisfactory (1-2) (course unit)
JURISPRUDENCE AND PAYROLL ACCOUNTING
The student knows the basic concepts of employment. They know the main rights and obligations of the employer and employee and the possible consequences for violating the obligations. The student has the basic skills to apply the provisions in practice but they are not able to justify the solutions.
The student is able to calculate the normal salary for employees in the most common situations and is familiar with the most common fringe benefits and compensation of travel expenses. The student knows the basics of overtime earnings and holiday pays.
FINANCIAL ADMINISTRATION
The student knows how to use overheads calculation to assess the profitability of a business. They knows the basic concepts related to budgeting. The student is able to prepare an earnings budget for a small business.
ACCOUNTING
The student knows the impact of VAT on the international goods trade. They are able to complete bookkeeping accounting.
Assessment criteria, good (3-4) (course unit)
JURISPRUDENCE AND PAYROLL ACCOUNTING
The student has mastered well the basic concepts and provisions of employment. They know the main rights and obligations of the employer and employee and possible consequences for violating the obligations. The student is able to apply the provisions in practice and justify the solutions.
The student is able to calculate the normal salary for employees and is familiar with fringe benefits and compensation of travel expenses. They know how overtime earnings and holiday pays are determined.
FINANCIAL ADMINISTRATION
The student manages the margin calculation in the company’s profitability assessment. They have mastered the basic concepts related to budgeting and are able to compile earnings and cash flow budgets for a small business.
ACCOUNTING
The student is familiar with the value added tax related to international trade in goods. They have mastered the use of the accounting software for making entries.
Assessment criteria, excellent (5) (course unit)
JURISPRUDENCE AND PAYROLL ACCOUNTING
The student knows well the basic concepts and provisions of employment. They also know well the main rights and obligations of the employer and employee and possible consequences for violating the obligations. The student is able to analyze related legal problems and justify their solution comprehensively.
The student knows how to calculate salaries for employees and is able to apply the knowledge in different practical payroll accounting situations. They know where to seek for further information and are also able to look for new solutions or operations models.
FINANCIAL ADMINISTRATION
The student is able to apply the calculation of the profit margin in the company’s profitability assessment and to draw conclusions from it. They understand budgeting as a whole. The student is able to prepare a small business result, cash flow and balance sheet budget.
ACCOUNTING
The student has mastered how the value added tax is related to international trade in goods.
They are able to efficiently utilize accounting software for making entries.
Assessment scale
0-5
Enrolment period
24.11.2021 - 05.01.2022
Timing
01.01.2022 - 07.03.2022
Credits
5 op
Virtual portion
3 op
Mode of delivery
40 % Contact teaching, 60 % Distance learning
Unit
Business Administration
Campus
TAMK Main Campus
Teaching languages
- Finnish
Seats
15 - 40
Degree programmes
- Degree Programme in Business Administration
Teachers
- Hanna Laasanen
- Petriina Vuorinen
- Taina Huhtinen
- Anu Kallionpää
Person in charge
Petriina Vuorinen
Groups
-
21LIKO5a
-
21LIKO1
Objectives (course unit)
During the course content the students familiarize themselves with labor law and payroll management. Another focus of the course is the profitability of business. The students deepen their understanding of financial transactions and get to use a transactions software.
JURISPRUDENCE AND PAYROLL CALCULATION 2 cr
After completing the course students
- know how the terms of employment contract are determined
- know the main rights and obligations of the employer and employee and the possible consequences for violating the obligations
- know how to terminate an employment relationship and what are the valid reasons for termination.
- can calculate the normal salary for employees and the deductions made before income taxation
- understand how the fringe benefits are taken into account when calculating salaries and how travel expenses are compensated
- are able to calculate overtime earnings based on the Working Hours Act and holiday pays based on the Annual Holidays Act.
FINANCIAL ADMINISTRATION 2 cr
After completing the course the students
- are able to calculate profit margins
- are able to prepare a small business profit budget, a cash flow budget and a balance sheet budget.
ACCOUNTING 1 cr
After completing the course the students
- have mastered basic financial transactions
- know the key regulations concerning value added taxes
- are able to use the basic functions of bookkeeping software.
Content (course unit)
JURISPRUDENCE AND PAYROLL ACCOUNTING
How do the law, collective labor agreement and contract of employment determine the terms of employment?
What are the main rights and obligations of the employer and employee and the possible consequences for violating the obligations?
How to terminate an employment relationship and what are the valid reasons for termination?
What kinds of payroll systems can be used?
How are salaries calculated?
What kinds of compensations can employees have, in addition to the normal salary?
FINANCIAL ADMINISTRATION
How to make use of profit margins in a profitability assessment?
How to create a budget for a small business?
ACCOUNTING
How does VAT affect international goods trade?
How to make use of bookkeeping software when making entries?
Assessment criteria, satisfactory (1-2) (course unit)
JURISPRUDENCE AND PAYROLL ACCOUNTING
The student knows the basic concepts of employment. They know the main rights and obligations of the employer and employee and the possible consequences for violating the obligations. The student has the basic skills to apply the provisions in practice but they are not able to justify the solutions.
The student is able to calculate the normal salary for employees in the most common situations and is familiar with the most common fringe benefits and compensation of travel expenses. The student knows the basics of overtime earnings and holiday pays.
FINANCIAL ADMINISTRATION
The student knows how to use overheads calculation to assess the profitability of a business. They knows the basic concepts related to budgeting. The student is able to prepare an earnings budget for a small business.
ACCOUNTING
The student knows the impact of VAT on the international goods trade. They are able to complete bookkeeping accounting.
Assessment criteria, good (3-4) (course unit)
JURISPRUDENCE AND PAYROLL ACCOUNTING
The student has mastered well the basic concepts and provisions of employment. They know the main rights and obligations of the employer and employee and possible consequences for violating the obligations. The student is able to apply the provisions in practice and justify the solutions.
The student is able to calculate the normal salary for employees and is familiar with fringe benefits and compensation of travel expenses. They know how overtime earnings and holiday pays are determined.
FINANCIAL ADMINISTRATION
The student manages the margin calculation in the company’s profitability assessment. They have mastered the basic concepts related to budgeting and are able to compile earnings and cash flow budgets for a small business.
ACCOUNTING
The student is familiar with the value added tax related to international trade in goods. They have mastered the use of the accounting software for making entries.
Assessment criteria, excellent (5) (course unit)
JURISPRUDENCE AND PAYROLL ACCOUNTING
The student knows well the basic concepts and provisions of employment. They also know well the main rights and obligations of the employer and employee and possible consequences for violating the obligations. The student is able to analyze related legal problems and justify their solution comprehensively.
The student knows how to calculate salaries for employees and is able to apply the knowledge in different practical payroll accounting situations. They know where to seek for further information and are also able to look for new solutions or operations models.
FINANCIAL ADMINISTRATION
The student is able to apply the calculation of the profit margin in the company’s profitability assessment and to draw conclusions from it. They understand budgeting as a whole. The student is able to prepare a small business result, cash flow and balance sheet budget.
ACCOUNTING
The student has mastered how the value added tax is related to international trade in goods.
They are able to efficiently utilize accounting software for making entries.
Assessment scale
0-5
Enrolment period
24.11.2021 - 05.01.2022
Timing
01.01.2022 - 07.03.2022
Credits
5 op
Mode of delivery
Contact teaching
Unit
Business Administration
Campus
TAMK Main Campus
Teaching languages
- Finnish
Seats
15 - 40
Degree programmes
- Degree Programme in Business Administration
Teachers
- Hanna Laasanen
- Petriina Vuorinen
- Anu Kallionpää
- Taina Huhtinen
Person in charge
Petriina Vuorinen
Groups
-
21LIKO5b
-
21LIKO2
Objectives (course unit)
During the course content the students familiarize themselves with labor law and payroll management. Another focus of the course is the profitability of business. The students deepen their understanding of financial transactions and get to use a transactions software.
JURISPRUDENCE AND PAYROLL CALCULATION 2 cr
After completing the course students
- know how the terms of employment contract are determined
- know the main rights and obligations of the employer and employee and the possible consequences for violating the obligations
- know how to terminate an employment relationship and what are the valid reasons for termination.
- can calculate the normal salary for employees and the deductions made before income taxation
- understand how the fringe benefits are taken into account when calculating salaries and how travel expenses are compensated
- are able to calculate overtime earnings based on the Working Hours Act and holiday pays based on the Annual Holidays Act.
FINANCIAL ADMINISTRATION 2 cr
After completing the course the students
- are able to calculate profit margins
- are able to prepare a small business profit budget, a cash flow budget and a balance sheet budget.
ACCOUNTING 1 cr
After completing the course the students
- have mastered basic financial transactions
- know the key regulations concerning value added taxes
- are able to use the basic functions of bookkeeping software.
Content (course unit)
JURISPRUDENCE AND PAYROLL ACCOUNTING
How do the law, collective labor agreement and contract of employment determine the terms of employment?
What are the main rights and obligations of the employer and employee and the possible consequences for violating the obligations?
How to terminate an employment relationship and what are the valid reasons for termination?
What kinds of payroll systems can be used?
How are salaries calculated?
What kinds of compensations can employees have, in addition to the normal salary?
FINANCIAL ADMINISTRATION
How to make use of profit margins in a profitability assessment?
How to create a budget for a small business?
ACCOUNTING
How does VAT affect international goods trade?
How to make use of bookkeeping software when making entries?
Assessment criteria, satisfactory (1-2) (course unit)
JURISPRUDENCE AND PAYROLL ACCOUNTING
The student knows the basic concepts of employment. They know the main rights and obligations of the employer and employee and the possible consequences for violating the obligations. The student has the basic skills to apply the provisions in practice but they are not able to justify the solutions.
The student is able to calculate the normal salary for employees in the most common situations and is familiar with the most common fringe benefits and compensation of travel expenses. The student knows the basics of overtime earnings and holiday pays.
FINANCIAL ADMINISTRATION
The student knows how to use overheads calculation to assess the profitability of a business. They knows the basic concepts related to budgeting. The student is able to prepare an earnings budget for a small business.
ACCOUNTING
The student knows the impact of VAT on the international goods trade. They are able to complete bookkeeping accounting.
Assessment criteria, good (3-4) (course unit)
JURISPRUDENCE AND PAYROLL ACCOUNTING
The student has mastered well the basic concepts and provisions of employment. They know the main rights and obligations of the employer and employee and possible consequences for violating the obligations. The student is able to apply the provisions in practice and justify the solutions.
The student is able to calculate the normal salary for employees and is familiar with fringe benefits and compensation of travel expenses. They know how overtime earnings and holiday pays are determined.
FINANCIAL ADMINISTRATION
The student manages the margin calculation in the company’s profitability assessment. They have mastered the basic concepts related to budgeting and are able to compile earnings and cash flow budgets for a small business.
ACCOUNTING
The student is familiar with the value added tax related to international trade in goods. They have mastered the use of the accounting software for making entries.
Assessment criteria, excellent (5) (course unit)
JURISPRUDENCE AND PAYROLL ACCOUNTING
The student knows well the basic concepts and provisions of employment. They also know well the main rights and obligations of the employer and employee and possible consequences for violating the obligations. The student is able to analyze related legal problems and justify their solution comprehensively.
The student knows how to calculate salaries for employees and is able to apply the knowledge in different practical payroll accounting situations. They know where to seek for further information and are also able to look for new solutions or operations models.
FINANCIAL ADMINISTRATION
The student is able to apply the calculation of the profit margin in the company’s profitability assessment and to draw conclusions from it. They understand budgeting as a whole. The student is able to prepare a small business result, cash flow and balance sheet budget.
ACCOUNTING
The student has mastered how the value added tax is related to international trade in goods.
They are able to efficiently utilize accounting software for making entries.
Assessment scale
0-5
Enrolment period
24.11.2021 - 05.01.2022
Timing
01.01.2022 - 07.03.2022
Credits
5 op
Mode of delivery
Contact teaching
Unit
Business Administration
Campus
TAMK Main Campus
Teaching languages
- Finnish
Seats
15 - 40
Degree programmes
- Degree Programme in Business Administration
Teachers
- Hanna Laasanen
- Petriina Vuorinen
- Taina Huhtinen
- Anu Kallionpää
Person in charge
Petriina Vuorinen
Groups
-
21LIKO5c
-
21LIKO3
Objectives (course unit)
During the course content the students familiarize themselves with labor law and payroll management. Another focus of the course is the profitability of business. The students deepen their understanding of financial transactions and get to use a transactions software.
JURISPRUDENCE AND PAYROLL CALCULATION 2 cr
After completing the course students
- know how the terms of employment contract are determined
- know the main rights and obligations of the employer and employee and the possible consequences for violating the obligations
- know how to terminate an employment relationship and what are the valid reasons for termination.
- can calculate the normal salary for employees and the deductions made before income taxation
- understand how the fringe benefits are taken into account when calculating salaries and how travel expenses are compensated
- are able to calculate overtime earnings based on the Working Hours Act and holiday pays based on the Annual Holidays Act.
FINANCIAL ADMINISTRATION 2 cr
After completing the course the students
- are able to calculate profit margins
- are able to prepare a small business profit budget, a cash flow budget and a balance sheet budget.
ACCOUNTING 1 cr
After completing the course the students
- have mastered basic financial transactions
- know the key regulations concerning value added taxes
- are able to use the basic functions of bookkeeping software.
Content (course unit)
JURISPRUDENCE AND PAYROLL ACCOUNTING
How do the law, collective labor agreement and contract of employment determine the terms of employment?
What are the main rights and obligations of the employer and employee and the possible consequences for violating the obligations?
How to terminate an employment relationship and what are the valid reasons for termination?
What kinds of payroll systems can be used?
How are salaries calculated?
What kinds of compensations can employees have, in addition to the normal salary?
FINANCIAL ADMINISTRATION
How to make use of profit margins in a profitability assessment?
How to create a budget for a small business?
ACCOUNTING
How does VAT affect international goods trade?
How to make use of bookkeeping software when making entries?
Assessment criteria, satisfactory (1-2) (course unit)
JURISPRUDENCE AND PAYROLL ACCOUNTING
The student knows the basic concepts of employment. They know the main rights and obligations of the employer and employee and the possible consequences for violating the obligations. The student has the basic skills to apply the provisions in practice but they are not able to justify the solutions.
The student is able to calculate the normal salary for employees in the most common situations and is familiar with the most common fringe benefits and compensation of travel expenses. The student knows the basics of overtime earnings and holiday pays.
FINANCIAL ADMINISTRATION
The student knows how to use overheads calculation to assess the profitability of a business. They knows the basic concepts related to budgeting. The student is able to prepare an earnings budget for a small business.
ACCOUNTING
The student knows the impact of VAT on the international goods trade. They are able to complete bookkeeping accounting.
Assessment criteria, good (3-4) (course unit)
JURISPRUDENCE AND PAYROLL ACCOUNTING
The student has mastered well the basic concepts and provisions of employment. They know the main rights and obligations of the employer and employee and possible consequences for violating the obligations. The student is able to apply the provisions in practice and justify the solutions.
The student is able to calculate the normal salary for employees and is familiar with fringe benefits and compensation of travel expenses. They know how overtime earnings and holiday pays are determined.
FINANCIAL ADMINISTRATION
The student manages the margin calculation in the company’s profitability assessment. They have mastered the basic concepts related to budgeting and are able to compile earnings and cash flow budgets for a small business.
ACCOUNTING
The student is familiar with the value added tax related to international trade in goods. They have mastered the use of the accounting software for making entries.
Assessment criteria, excellent (5) (course unit)
JURISPRUDENCE AND PAYROLL ACCOUNTING
The student knows well the basic concepts and provisions of employment. They also know well the main rights and obligations of the employer and employee and possible consequences for violating the obligations. The student is able to analyze related legal problems and justify their solution comprehensively.
The student knows how to calculate salaries for employees and is able to apply the knowledge in different practical payroll accounting situations. They know where to seek for further information and are also able to look for new solutions or operations models.
FINANCIAL ADMINISTRATION
The student is able to apply the calculation of the profit margin in the company’s profitability assessment and to draw conclusions from it. They understand budgeting as a whole. The student is able to prepare a small business result, cash flow and balance sheet budget.
ACCOUNTING
The student has mastered how the value added tax is related to international trade in goods.
They are able to efficiently utilize accounting software for making entries.
Assessment scale
0-5
Enrolment period
24.11.2021 - 05.01.2022
Timing
01.01.2022 - 07.03.2022
Credits
5 op
Mode of delivery
Contact teaching
Unit
Business Administration
Campus
TAMK Main Campus
Teaching languages
- Finnish
Seats
15 - 40
Degree programmes
- Degree Programme in Business Administration
Teachers
- Hanna Laasanen
- Petriina Vuorinen
- Anu Kallionpää
- Taina Huhtinen
Person in charge
Petriina Vuorinen
Groups
-
21LIKO5d
-
21LIKO4
Objectives (course unit)
During the course content the students familiarize themselves with labor law and payroll management. Another focus of the course is the profitability of business. The students deepen their understanding of financial transactions and get to use a transactions software.
JURISPRUDENCE AND PAYROLL CALCULATION 2 cr
After completing the course students
- know how the terms of employment contract are determined
- know the main rights and obligations of the employer and employee and the possible consequences for violating the obligations
- know how to terminate an employment relationship and what are the valid reasons for termination.
- can calculate the normal salary for employees and the deductions made before income taxation
- understand how the fringe benefits are taken into account when calculating salaries and how travel expenses are compensated
- are able to calculate overtime earnings based on the Working Hours Act and holiday pays based on the Annual Holidays Act.
FINANCIAL ADMINISTRATION 2 cr
After completing the course the students
- are able to calculate profit margins
- are able to prepare a small business profit budget, a cash flow budget and a balance sheet budget.
ACCOUNTING 1 cr
After completing the course the students
- have mastered basic financial transactions
- know the key regulations concerning value added taxes
- are able to use the basic functions of bookkeeping software.
Content (course unit)
JURISPRUDENCE AND PAYROLL ACCOUNTING
How do the law, collective labor agreement and contract of employment determine the terms of employment?
What are the main rights and obligations of the employer and employee and the possible consequences for violating the obligations?
How to terminate an employment relationship and what are the valid reasons for termination?
What kinds of payroll systems can be used?
How are salaries calculated?
What kinds of compensations can employees have, in addition to the normal salary?
FINANCIAL ADMINISTRATION
How to make use of profit margins in a profitability assessment?
How to create a budget for a small business?
ACCOUNTING
How does VAT affect international goods trade?
How to make use of bookkeeping software when making entries?
Assessment criteria, satisfactory (1-2) (course unit)
JURISPRUDENCE AND PAYROLL ACCOUNTING
The student knows the basic concepts of employment. They know the main rights and obligations of the employer and employee and the possible consequences for violating the obligations. The student has the basic skills to apply the provisions in practice but they are not able to justify the solutions.
The student is able to calculate the normal salary for employees in the most common situations and is familiar with the most common fringe benefits and compensation of travel expenses. The student knows the basics of overtime earnings and holiday pays.
FINANCIAL ADMINISTRATION
The student knows how to use overheads calculation to assess the profitability of a business. They knows the basic concepts related to budgeting. The student is able to prepare an earnings budget for a small business.
ACCOUNTING
The student knows the impact of VAT on the international goods trade. They are able to complete bookkeeping accounting.
Assessment criteria, good (3-4) (course unit)
JURISPRUDENCE AND PAYROLL ACCOUNTING
The student has mastered well the basic concepts and provisions of employment. They know the main rights and obligations of the employer and employee and possible consequences for violating the obligations. The student is able to apply the provisions in practice and justify the solutions.
The student is able to calculate the normal salary for employees and is familiar with fringe benefits and compensation of travel expenses. They know how overtime earnings and holiday pays are determined.
FINANCIAL ADMINISTRATION
The student manages the margin calculation in the company’s profitability assessment. They have mastered the basic concepts related to budgeting and are able to compile earnings and cash flow budgets for a small business.
ACCOUNTING
The student is familiar with the value added tax related to international trade in goods. They have mastered the use of the accounting software for making entries.
Assessment criteria, excellent (5) (course unit)
JURISPRUDENCE AND PAYROLL ACCOUNTING
The student knows well the basic concepts and provisions of employment. They also know well the main rights and obligations of the employer and employee and possible consequences for violating the obligations. The student is able to analyze related legal problems and justify their solution comprehensively.
The student knows how to calculate salaries for employees and is able to apply the knowledge in different practical payroll accounting situations. They know where to seek for further information and are also able to look for new solutions or operations models.
FINANCIAL ADMINISTRATION
The student is able to apply the calculation of the profit margin in the company’s profitability assessment and to draw conclusions from it. They understand budgeting as a whole. The student is able to prepare a small business result, cash flow and balance sheet budget.
ACCOUNTING
The student has mastered how the value added tax is related to international trade in goods.
They are able to efficiently utilize accounting software for making entries.
Assessment scale
0-5