Financial Accounting
2012-2013
-
SMF2151F
- 10 ECTS
Prerequisite(s)
- SMF1042F Basic Economics.
Expected learning outcomes
- Advanced knowledge of financial accounting theory.
- They shall have practical experience in making year-end adjustments in accordance with accounting rules and standards.
- The students have learned how to read and understand official accounts.
- They shall know, and have an overview over those prosesses and activities witch take place in a company economical function.
Topic(s)
- The economical function: Organizing, planning and control of all activities in connection with the economic function.
- The traditional year-end accounting concepts and classifications.
- Performance versus asset based accounting theory.
- Assets.
- Liabilities and shareholders equity.
- Income and dividends.
- Expenses and losses.
Teaching Methods
E-learning
Mandatory assignments
Exercises
Tutoring
Form(s) of Assessment
Written exam, 4 hours
Grading Scale
Alphabetical Scale, A(best) – F (fail)
External/internal examiner
- External examiner spring 2012.
- External examiner is used periodically to avaluate contents, arrangements and the examination system.
Re-sit examination
- None.
Examination support
- PC (Excel)
- Calculator.
- Laws.
- Accounting standards.
Coursework Requirements
- Two compulsory works (both must be approved).
Teaching Materials
- Kristoffersen, Trond, Årsregnskapet - en grunnleggende innføring, Fagbokforlaget, 3. utgave, ISBN 978-82-450-1249-1
- Kristoffersen, Trond, Årsregnskapet - en grunnleggende innføring, Oppgaver med løsninger, Fagbokforlaget, 3. utgave, ISBN 978-82-450-1250-7.
- Moen, Tove-Gunn og Havstein, Bjørgunn, Regnskapsorganisasjon, Cappelen, ISBN 978-82-02-28483-1.
- Diverse lover og regnskapsstandarder oppgis ved studiestart.