Financial Administration

Structure Type: Part of Course
Code: KH18KIYH020
Type: Compulsory
Level: Bachelor
Credits: 3.0 points
Responsible Teacher: Keski-Mattinen, Tarja
Language of Instruction: Finnish

Learning Outcomes

The student knows basics of bookkeeping and is able to evaluate the profitability of a company on the basis of the financial statements. Students understand the relationship between the profit of the accounting period and the company's direct taxes. Students also identify factors influencing value added taxation.

Student's Workload

Total work load of the course: 78 h
- of which scheduled studies: 39 h
- of which autonomous studies: 39 h

Contents

- Tasks of financial accounting and financial statements, use of financial statements
- Fundamentals of financial accounting and preparation of financial statements
- Financial statement documents and analyzing
- Relationship between financial accounting and taxation

Recommended or Required Reading

- Jormakka, Koivusalo, Lappalainen ja Niskanen. 2009. Laskentatoimi. Helsinki: Edita Publishing Oy
Availability: http://plari.amkit.fi/vwebv/holdingsInfo?sk=fi_EN&bibId=87445

Mode of Delivery / Planned Learning Activities and Teaching Methods

Lectures, supervised and independent exercises.

Assessment Criteria

Grading is based on a scale of 1 to 5.
1-2
- the student knows the principles of the financial administration and the financial accounting
3-4
- the student knows the meaning of the financial administration in the profitability organizations
- the student knows the principles of the financial accounting and the financial statement
- the student knows the mechanism of taxation

5
The student knows the principles of financial administration and is able to apply it on practice.

Assessment Methods

Exercises 50 % and exam 50%.

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