Study Guide

Objective

To strengthen students understanding about the linkages between the firm’s business transaction registering, i.e bookkeeping and accounting in securing the firm’s financial position in both the short and long term. To equip the students with both basic and advanced tools in number crunching methods used for analyzing financial data to benefit business decision making.

Content

Hands-on training in analysis of state of incomes, balance sheets and cash flow based on real life cases. Key metrics - an ever growing field of indexes, markers and acronyms and - what do these mean? Profitability analysis and the impact of periodic service and maintenance, claim handling and credit losses affecting financial results. Environmental accounting and sustainability accounting.

Qualifications

No prerequisities

Assessment criteria, satisfactory (1)

Sufficient (1) and Satisfactory (2)
Participating in the contact lessons, returned tasks.

Assessment criteria, good (3)

Good (3) and Very good (4)
Active participating in the contact lessons, returned tasks with good outcomes.

Assessment criteria, excellent (5)

Excellent (5)
Very active participating in the contact lessons, returned tasks with excellent outcomes.

Assessment criteria, approved/failed

Evaluation:
Numerical for PASS from 1 to 5 and
0 for FAIL: No participating in the contact lessons, no returned tasks.

Materials

Literature:
To be informed later or please have a look at the course implementation