Learning process is organized through the project work and problem solving process. It includes teamwork, team tasks, team tutoring, independent studies and knowledge acquisition activities.
Book: Business Accounting and Finance by Catherine Gowthorpe 5th edition and Lecture materials and exercises
80% Contact teaching, 20% Distance learning
1) 31.3.2022 2) end of April 2022 (can change) 3) beginning of September 2022 ( can change)
21.01.2022 - 31.03.2022
57 hours of lectures and exercises 76 hours of independent work
01.10.2021 - 07.01.2022
• Accounting legislation • Bookkeeping • Corporate taxation and VAT • CVP and pricing
Spring semester 2022 from week 3 to 13
There are no other ways to complete the study unit.
Assessment is based on the process and actual skills and knowledge evaluation. • Exam 80 % (0/1-5) - Exam 1 30p topic Cost Accounting (Individual) - Exam 2 50p topic Financial Accounting ( Individual) • Case 1: 20 % Interpreting financial statement (0/1-5) • Bookkeeping software assignment pass/fail • Starting level exam pass/fail (Individual) All assignments are done individually. Also, assignments must be done and passed to complete the study unit. Plagiarism and use of references: Please notice that in study unit assignment returns the plagiarism detection programs (for example Ouriginal) will be used. Also notice that you need to use Lapland UAS templates (essay, thesis, report etc) and writing instructions. Textual references must be done according to the given instructions. Please download the thesis template and the referencing instructions here: https://www.lapinamk.fi/en/Students/Study-Guide,-Degree-Programme-Students/Thesis https://lib.luc.fi/c.php?g=662513&p=4803830 Submitting assignments against given instructions may lead to failing and other possible consequences according to the Degree Regulations.
0 - 50
In case of covid 19 we are force to which to online teaching the lectures will happen in Teams and they won't be recorded.
Financial management: The student knows the basic of bookkeeping and financial statements. The student understands the concept of value-added tax and is familiar with value-added tax and corporate taxation. He/she understands the basic concept of cost-volume profit analysis and pricing for SMEs. The student has an excellent knowledge of financial management. The student is able to apply accounting process to SMEs independently. The student is able to evaluate a company’s financial and operational performance. He/she understands cost-volume profit analysis and pricing in company’s financial performance.
Financial management: The student understands the role of financial management in business. He/she knows basics of accounting and can apply them to small business. The student knows how to ably cost-volume profit analysis and pricing for SMEs.
Financial management: The student has an excellent knowledge of financial management. The student is able to apply accounting process to SMEs independently. The student is able to evaluate a company’s financial and operational performance. He/she understands cost-volume profit analysis and pricing in company’s financial performance.