Principles of Accounting and Finance - Opinto-opas

After having completed this course or attained an equivalent competence level, the student is able to:
- record business transactions by applying double-entry bookkeeping technique
- prepare basic financial statements by applying generally accepted accounting practices
- justify the importance of planning and forecasting process for an organization
- prepare different sub-budgets and financial plans for a company
- recognize capital market actors and liaise with them
- identify and assess different options for companies to finance their operations and projects
- recognize the need for working capital in a company
- identify ethical and responsible aspects of a finance profession

The course belongs to BBA Key Competencies.
Prior to this course the student should have completed following HH key competence course or gained similar knowledge and skills:
ECO001HH1AE

- accounting equation
- double-entry bookkeeping
- financial closing and statements
- principles of budgeting
- financing options
- working capital
- finance as a profession

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.

Student can identify
- basic double-entry accounting technique and its linkages to the simple financial statements
- some budgeting principles in a small company
- some sources of finance and capital market operators
- concept of working capital

Student can apply
- double-entry technique in a simple business environment
- basic accounting principles in preparing financial statements
- some budgeting and financial planning methods for a company
- sources of finance suitable for a small company and recognize various capital market operators
- concept of working capital

Student can analyze and interpret
- financial information produced in accounting and recognizes the information flows from business transactions to financial statements
- basic accounting principles in preparing financial statements
- various budgets and plans and understand their importance in the decision making process
- sources of finance for a company
- various capital market operators offering financing
- working capital requirements of a company

Online teaching for five weeks, 4 hours per week
After that contact teaching at Mondragon University x hours per week
Active participation recommended

Course e-book available
Study materials, exercises with solutions and assignments available on course Moodle

Mondragon

Two course exams, mid term and at end of the course - topics split to these two
Two retake opportunities

English

Course has international aspect embedded into course contents

01.01.2024 - 30.05.2024

5-6 learning assignments which generate additional marks to the exam/-s One of the assignments is a group work to be presented

Contact classes as per course schedule - more detailed schedule on Moodle

INTBBA23SMON
CONTACT

Diego Hernández Campos, Leena Mekkonen-Leppänen

15 - 30

50% accounting exam
50% budgeting&finance exam
course assignments generate additional marks to the exams

INTBBA International Business

0.00 cr

H-5