Study Guide

Objective

The student:
-is familiar with the overall purpose of financial management
-is familiar with the most important legislation regarding accounting and financial management
-knows the meaning of good accounting ethics
-is familiar with the basics of single-entry and double-entry bookkeeping
-is familiar with different types of taxing
-is familiar with the requirements for tax accounting and tax declaration
-is familiar with risk management in companies
-can draw up an appropriate budget for a business

Content

Basics of accounting according to the Accounting Act and current tax laws:
- Ethics of Accounting
- Basics of double-entry accounting
- Notification and payment of VAT, employer performance and statutory insurance
- The financial statements (balance sheet and profit and loss statement) related to income taxation
Fundamentals of financial management for small businesses
- The purpose of financial management
- The most important methods and tools of financial control
- Cost and revenue analyzes taking into account sustainability, profitability and efficiency
- Important financial indicators
- Risks in business operations
- Exercise in budgeting and calculation
The course is based on several of the global sustainability goals, mainly the goal of decent work and economic growth

Evaluation scale

H-5

Assessment criteria, satisfactory (1)

Students fulfill the objectives of the course, and in the relevant course-making compulsory elements, at a satisfactory level.

Assessment criteria, good (3)

Students fulfill the objectives of the course, and in the relevant course-making compulsory elements, at a good level.

Assessment criteria, excellent (5)

Students fulfill the objectives of the course, and in the relevant course-making compulsory elements, at a excellent level.

Qualifications

No prerequisites