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

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

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.

This course covers the basics of double-entry accounting, budgeting and finance.

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

The study material is provided in Moodle under each section.

There are Video tutorials, PowerPoint materials and excel workbooks for study.

There is a main course ebook, covering most course topics (a collection from various Pearson accounting books). The ebook is available at HH library, you ll need your HH credentials to access it.

Arkima, A., Davies, T., Crawford, I., Braun, K. W., Tietz, W., M., Atrill, P., & McLaney, E. (2023). Principles of accounting and finance. Pearson.

This course provides the basic foundations of accounting and finance, something that is fundamental to understanding how businesses record, process and generate information for decision-making. The contents provide a variety of topics from basic accounting equations, double entry bookkeeping, and also budgeting and principles of finances, all topics that are most relevant in today's changing business environment. The materials, quizzes and workbooks will enable you to have a practical approach to this topic and gain practical knowledge to apply in your professional career, no matter what specialization you follow.

Porvoo Campus

Suggested dates of completion for exam 1: 15.9.2024
Suggested dates of completion for exam 2: 11.10.2024

Only the exams are graded. To pass the course both course exams must be passed (40% minimum).

The exams can be taken 3 times.

English

The study material and examples contain a variety of international business examples

19.08.2024 - 11.10.2024

The course contains several quizzes which are compulsory to unlock the exams. There are 3 quizzes for the Accounting section and 4 quizzes for the Budgeting and Finance sections. The Quizzes require 60% correct to pass. There are also 7 excel workbooks for students to practise and learn the concepts by doing. Only the exams are graded. To pass the course both course exams must be passed (40% minimum).

03.06.2024 - 16.08.2024

This course starts from 19.8.2024 until 11.10.2024. It is a virtual self-paced course.

ABEV3PCAVI
VIRTUAL
INSTRUCTED

The topics we cover are general accounting topics which can be studied from different alternative sources. RPL and Work study available.
For RPL, contact the teacher.

Juan Borra, Leena Mekkonen-Leppänen

15 - 100

Only the exams are graded. To pass the course both course exams must be passed (40% minimum).
The course contains several quizzes which are compulsory to unlock the exams.
There are 3 quizzes for the Accounting section and 4 quizzes for the Budgeting and Finance sections.
The Quizzes require 60% correct to pass.

AVIBBA Aviation Business

0.00 cr

5.00 cr

H-5