Study Guide

Objective

This course aims to strengthen student's understanding of the fundamental concepts, tools, and practices of Financial Accounting. Also, to build student's analytical skills of financial data to support decision making. On successful completion of this unit, students will be in a position to build, read, interpret and analyze financial statements such as the statement of financial position, cash flow statement, and income statement.

Learning objectives(LOs):
LO1: Demonstrate an understanding of Accounting function within a business
LO2: Apply financial accounting technics to build and interpret financial statements
LO3: Analyse and interpret and review financial accounting information.

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.

Evaluation scale

H-5

Assessment criteria, satisfactory (1)

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

Assessment criteria, good (3)

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

Assessment criteria, excellent (5)

Excellent (5)
Very active participation in the online and 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 participation in the contact lessons and no participation in the online lessons, no returned tasks.

Qualifications

No prerequisities