Financial Accounting (5cr)

Evaluation scale

H-5

Schedule

Week1: Income Statement
Week2: Income statemet / Balance Sheet
Week3: Balance Sheet
Week4: Statement of Cash Flows (direct method) / Repeat
Week5: Exam 1 / Ratio Analysis
Week6: Statement of Cash Flows (indirect method)
Week 7: Working Capital / Value Added Taxation
Week 8: Repeat /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 23.11.
Exam (part 2) Wed 15.12.
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 100 %