Financial Reporting (5 cr)

Code: ECO030AS2AE-3001

Basic information of implementation

Enrollment: 02.06.2025 - 17.10.2025; Enrollment for the implementation has begun.

Timing: 20.10.2025 - 12.12.2025; The implementation has not yet started.

ECTS Credits: 5 cr

Campus: Pasila Campus

Teaching languages: English

Seats: 15 - 50

Degree programmes: INTBBA International Business

Teachers: Leena Mekkonen-Leppänen

Groups: IBE4PAACC
INTBBA, 4. semester, Pasila, Accounting and Finance; CONTACT
Contact implementation; IBE5PAACC
INTBBA 5. lukukausi, Pasila, Accounting and Finance; EXCH
EXCH Exchange students

Course: ECO030AS2AE

Evaluation scale

H-5

Schedule

Lessons in class twice a week according to the curriculum.

Implementation methods, demonstration and Work&Study

Contact / Contact blended

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

Welcome to Financial reporting course! This course is designed to provide you with comprehensive skills and knowledge in preparing financial statements for small businesses and related processes. Upon completing this course, you will be able to manage the preparation of financial statements, including journal entries and notes, and prepare balance sheet specifications. Additionally, you will be proficient in statutory reporting of financial statements and capable of performing simple tax accruals for limited liability companies.

Materials

Harrison, W. T., Thomas, C. W., Tietz, W. M. & Suwardy, T. (2024). Financial accounting: International financial reporting standards (12th edition, global edition.). Pearson. Chapters 3, 4, 6, 7, 9.

Accounting Act and Decree (Finland)
Applicable tax laws (Finland)

Other materials informed by the course teacher.

Teaching methods and instruction

This is a CONTACT implementation.
The lessons contain lectures, examples and exercises mainly in excel. Procountor accounting program will be used as well.
Flipped classroom is used for certain sections of the course.

Working life connections

Practical examples as much as possible.
The material and exercises are according to Finnish GAAP, but the main differences compared to IFRS will be pointed out.

Exam dates and re-exam possibilities

Exam will be during the last week of the course in the electronic exam room.
The 1st retake opportunity will be in the electronic exam room within 2-3 weeks after the course.
2nd retake by request.

Exam is 70-80% of the course grade.
Assignments (Excel and/or Procountor) are 20-30% of the course grade.

Completion alternatives

RPL and Work study available.
For RPL, contact the teacher.

Learning assignments

Course contains class exercises in excel with solutions in Moodle.
There will 4-6 assignments in excel and/or Procountor making 20-30% of the course grade.

Assessment methods

Exam (electronic exam room) 70-80%
Excel and/or Procountor assignments 20-30%