Financial Reporting - ECO030AS2AE - Opinto-opas

Financial Reporting, 5 cr - ECO030AS2AE

Upcoming implementations

Financial Reporting ECO030AS2AE-3001 20.10.2025-12.12.2025 5 op (IBE4PAACC, ...) +-
Teaching methods and instruction

This is a CONTACT implementation.
The lessons contain lectures, examples and exercises mainly in excel. Procountor accounting program will be used as well.
Flipped classroom is used for certain sections of the course.

Learning material and recommended literature

Harrison, W. T., Thomas, C. W., Tietz, W. M. & Suwardy, T. (2024). Financial accounting: International financial reporting standards (12th edition, global edition.). Pearson. Chapters 3, 4, 6, 7, 9.

Accounting Act and Decree (Finland)
Applicable tax laws (Finland)

Other materials informed by the course teacher.

Working life connections

Practical examples as much as possible. The material and exercises are according to Finnish GAAP, but the main differences compared to IFRS will be pointed out.

Campus

Pasila Campus

Exam dates and re-exam possibilities

Exam will be during the last week of the course in the electronic exam room.
The 1st retake opportunity will be in the electronic exam room within 2-3 weeks after the course.
2nd retake by request.

Exam is 70-80% of the course grade.
Assignments (Excel and/or Procountor) are 20-30% of the course grade.

Teaching language

English

Timing

20.10.2025 - 12.12.2025

Learning assignments

Course contains class exercises in excel with solutions in Moodle. There will 4-6 assignments in excel and/or Procountor making 20-30% of the course grade.

Enrollment

14.05.2025 - 22.05.2025

Content scheduling

Lessons in class twice a week according to the curriculum.
Groups
- IBE4PAACC
- CONTACT
- IBE5PAACC
- EXCH
Alternative learning methods

RPL and Work study available.
For RPL, contact the teacher.

Teachers

Leena Mekkonen-Leppänen

Seats

15 - 50

Further information

Exam (electronic exam room) 70-80%
Excel and/or Procountor assignments 20-30%

Degree Programme

INTBBA International Business

R&D proportion

0.00 cr

Virtual proportion

0.00 cr

Evaluation scale

H-5
Financial Reporting ECO030AS2AE-3004 20.10.2025-12.12.2025 5 op (EVENING, ...) +-
Campus

Pasila Campus

Teaching language

English

Timing

20.10.2025 - 12.12.2025

Enrollment

14.05.2025 - 22.05.2025
Groups
- EVENING
- CONTACT
- EXCH
- IBEB5PAACC
Teachers

Nina Wildeboer

Seats

15 - 45

Degree Programme

INTBBA International Business

R&D proportion

0.00 cr

Virtual proportion

0.00 cr

Evaluation scale

H-5
Financial Reporting ECO030AS2AE-3002 23.03.2026-15.05.2026 5 op (IBE4PAACC, ...) +-
Campus

Pasila Campus

Teaching language

English

Timing

23.03.2026 - 15.05.2026
Groups
- IBE4PAACC
- CONTACT
- EXCH
Teachers

Nina Wildeboer

Seats

15 - 45

Degree Programme

INTBBA International Business

R&D proportion

0.00 cr

Virtual proportion

0.00 cr

Evaluation scale

H-5
Financial Reporting ECO030AS2AE-3003 23.03.2026-15.05.2026 5 op (EVENING, ...) +-
Campus

Pasila Campus

Teaching language

English

Timing

23.03.2026 - 15.05.2026
Groups
- EVENING
- CONTACT
- EXCH
- IBEB4PAACC
Teachers

Leena Mekkonen-Leppänen

Seats

15 - 50

Degree Programme

INTBBA International Business

R&D proportion

0.00 cr

Virtual proportion

0.00 cr

Evaluation scale

H-5
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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 prepare statutory financial statements for a small company according to accounting standards
- is able to identify key international accounting standards
- is able to apply accrual principle in the valuation of assets and liabilities of a company
- is able to identify the minimum requirements of sustainability reporting in the financial statements
- is able to prepare cash flow statement
- perform a simple tax allocation for a limited liability company

- Ability to prepare financial statements, including notes, cash flow statements, and balance sheet specifications
- accounting principles and standards
- Equity entries in different company forms
- essential period end adjustment and valuation principles
- contents of the financial statement including notes
- cash flow statement
- non-financial information

Contact / Contact blended

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. (2024). Financial accounting: International financial reporting standards (12th edition, global edition.). Pearson. Chapters 3, 4, 6, 7, 9.

Accounting Act and Decree (Finland)
Applicable tax laws (Finland)

Other materials informed by the course teacher.

Welcome to Financial reporting course! This course is designed to provide you with comprehensive skills and knowledge in preparing financial statements for small businesses and related processes. Upon completing this course, you will be able to manage the preparation of financial statements, including journal entries and notes, and prepare balance sheet specifications. Additionally, you will be proficient in statutory reporting of financial statements and capable of performing simple tax accruals for limited liability companies.

When the implementation type of the course is contact, online or blended it is required that the student is present during those teaching hours that are marked in the study schedule. If you are absent more than 25%, your grade will be lowered by one. If you are absent more than 50%, the course is failed.

Course ECO002AS2AE Financial accounting or similar competence level gained

Student
- is able to assist in preparing the financial statements and prepare some basic period end adjustments
- is able to make a simple tax allocation for a limited liability company

- is able to prepare independently financial statements for a small company including notes by applying the Finnish GAAP
- is able to prepare calculations for the planning of financial closing
- is able to make a simple tax allocation for a limited liability company

Student
- is able to prepare independently financial statements for a small company including notes by applying the Finnish GAP
- is able to recognize the main differences between the Finnish GAAP and IFRS
- is able to verify and justify that financial statements give a true and fair view of the company
- is able to prepare cash flow statement
- understands the EU sustainability reporting requirements in connection to financial statements
- is able to derive taxable income from the net income in a limited liability company