Principles of Accounting and Finance (5 cr)

Evaluation scale

H-5

Schedule

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

Implementation methods, demonstration and Work&Study

Contact, blended, virtual

If you have acquired the required learning outcomes, you can show your competences with a demonstration. If you have any questions, please contact the responsible teacher. More information and instructions regarding the recognition of learning: https://www.haaga-helia.fi/en/recognition-learning

Intro

For many of you, accounting and finance might not sound the first option to concentrate on in your studies and you may well be asking "Why do I need to study these subjects?" So, once you have taken this course you will realize how important part of the business this field actually is. Whole business world is using accounting and finance concepts as their language - and thus it forms an essential backbone for your future career - even you are not aiming at accounting and finance career. Course will equip you with basic skills, competences and tools needed by all business people when they need support in their decision-making. On this course you will learn and strengthen this worldwide language!

Materials

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.

Teaching methods and instruction

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

Working life connections

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.

Exam dates and re-exam possibilities

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.

Internationality

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

Completion alternatives

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.

Learning assignments

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).

Assessment methods

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.