Financial Accounting (5 cr)
Code: ACC2RZ001-3008
Basic information of implementation
- Enrollment
- 17.08.2020 - 30.10.2020
- Enrolment for the implementation has ended.
- Timing
- 26.10.2020 - 18.12.2020
- Implementation has ended.
- ECTS Credits
- 5 cr
- Campus
- Haaga Campus
- Teaching languages
- English
- Seats
- 15 - 30
- Degree programmes
- HOTEM Degree Programme in Hospitality, Tourism and Experience Management
Evaluation scale
H-5
Schedule
Week1: Income Statement
Week2: Balance Sheet
Week3: Statement of Cash Flows (direct method and indirect method)
Week4: Ratio analysis / Exam 2
Week5: Working capital
Week6: Value added tax / Income taxation
Week 7: Repeat, presentations of group works
Week 8: Repeat, presentations of group works /Exam 2
Implementation methods, demonstration and Work&Study
Contact lessons
Group working
Individual learning
Examination
Recognition of Prior Learning, RPL (in Finnish AHOT)
Courses or parts of courses at other educational institutes or work experience are not accredited as such towards the HAAGA-HELIA studies directly, but the required skills and competences are demonstrated by a skills examination.
Materials
Schmidgall, R. 2009.(or later) Hospitality Industry Managerial Accounting. Educational Institute of the American Hotel & Motel Accosiation, USA, Chapters 1. – 5.
Materials for lessons in Moodle
Teaching methods and instruction
48 contact hours
87 hours independent study and assignments
Working life connections
Hospitality industry standards and KPIs of Financial Accounting are applied
Visiting speaker from industry
Exam dates and re-exam possibilities
Exam (part 1) Tue 19.11.
Exam (part 2) Wed 11.12.
Re-exams on two following re-exam dates after this implementation
Internationality
International standards of Financial Accounting are applied
Completion alternatives
RPL (Recognition of Prior Learning): procedure is to be discussed individually
Learning assignments
Assignments will be given during the lessons
Assessment methods
Examinations 80%
Group assignment 20%