Financial Accounting - ECO002AS2AE - Opinto-opas

Financial Accounting, 5 cr - ECO002AS2AE

Upcoming implementations

Financial Accounting ECO002AS2AE-3002 15.01.2024-15.03.2024 5 op (EVENING, ...) +-
Campus

Pasila Campus

Teaching language

English

Timing

15.01.2024 - 15.03.2024
Groups
- EVENING
- EXCH
- ONLINE
- IBEB4PAACC
Teachers

Anne Arkima, Timo Pöysti

Seats

15 - 60

Degree Programme

INTBBA International Business

R&D proportion

0.00 cr

Virtual proportion

0.00 cr

Evaluation scale

H-5
Financial Accounting ECO002AS2AE-3001 15.01.2024-15.03.2024 5 op (IBE4PAACC, ...) +-
Campus

Pasila Campus

Teaching language

English

Timing

15.01.2024 - 15.03.2024
Groups
- IBE4PAACC
- CONTACT
- EXCH
Teachers

Timo Pöysti, Leena Mekkonen-Leppänen

Seats

15 - 45

Degree Programme

INTBBA International Business

R&D proportion

0.00 cr

Virtual proportion

0.00 cr

Evaluation scale

H-5

Current implementations

No ongoing implementations yet.

Past implementations

No past implementations yet.

After having completed this course or attained an equivalent competence level, the student:
- is able to apply generally accepted accounting principles
- is able to recognize and interpret the effects of business transactions into income statement and balance sheet
- is able to prepare accounting for a small firm by using accounting software
- is able to analyze profitability and financial position of a company based on the accounting reports
- is able to comply with value added tax rules and procedures
- recognizes the career options and future roles of an accountant in a global environment
- operates ethically, responsibly and sustainably in ones role

- daily accounting process
- month end reporting
- principles of value added tax processes; VAT liable sales and deductible purchases
- basics of cross-border VAT
- most common period end adjustments
- accounting software
- roles and principles in accounting profession and career insights

Contact, blended, virtual

If you have acquired the required learning outcomes, you can show your competences with a demonstration. If you have any questions, please contact the responsible teacher. More information and instructions regarding the recognition of learning: https://www.haaga-helia.fi/en/recognition-learning

Harrison, W. T., Thomas, C. W., Tietz, W. M. & Suwardy, T. (2018). Financial accounting: International financial reporting standards (11th edition, global edition.). Pearson. Chapters 1-8. (tbc)
Other materials informed by the course teacher.

Did you get excited about career opportunities in accounting in the core competence courses? If yes, this course is further deepening the knowledge and providing you more skills needed in various accounting related jobs like Accounts Payable, Accounts Receivable, General Ledger or similar. After this course you are again closer to the professional accountant career path. Additionally, this course gives a solid base of accounting knowledge and processes for them who aim at management accounting or finance roles - being very valuable and essential in those fields too!

Following BBA key and common competence courses should be completed or similar knowledge and skills gained prior to this course:

ECO001HH1AE
ECO002TR1AE

Student
- is able to recognize some business transactions
- is able to record some business transactions by using accounting software
- recognizes basic value added tax rules and processes of a company

Student
- is able to prepare accounting based on the business transactions for a company
- is able to record the basic period end adjustments
- is able to use accounting software for preparing the accounts for a company
- is able to apply value added tax (VAT) rules in the daily accounting and know the main filing process of VAT
- is able to apply basic cross-border VAT rules
- is able to understand the information flows from daily accounting to accounting reports

In addition to prior level assessment criteria, student
- is able to manage period end adjustment process
- is able to verify the correctness of accounting information by thorough analysis of the monthly reporting
- is able to justify the importance of accounting information and understand its role for business development