Financial Accounting (5cr)

Code: ACC2RZ001-3009

Basic information of implementation

Enrollment: 04.01.2021 - 26.03.2021; Enrolment for the implementation has ended.

Timing: 29.03.2021 - 21.05.2021; 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

Teachers: Pekka Heikkilä

Groups: EXCH
EXCH Exchange students; RZ20SH
RZ20SH Hospitality Experience Management, HOTEM 2020; RZ20ST
RZ20ST Tourism Experience Management, HOTEM 2020; ONLINE
Online implementation

Course: ACC2RZ001

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

Exam dates and re-exam possibilities

Exam (part 1) on Wed 21.4.2021
Exam (part 2) on Wed 19.5.2021
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 100%