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LI19SP Bachelor Degree Programme in International Business

Course Description

Code4 LIA5340
NameFinancial Accounting
Credits5 ects
ObjectivesThe student can analyse and record typical business transactions and is able to close the entries to the income statement and balance sheet. In addition, the student understands the basis for value added tax and is able to define how VAT affects financial statements. The student is able to evaluate a company's financial situation based on the most common ratios.
ContentAccounts and financial statements, basis of value added taxation, basic financial ratios in profitability, liquidity and solvency.
Grading Scale0 - 5
Course materialWeygandt, Jerry J., Kieso, Donald E. & Kimmel, Paul D. Accounting Principles VOL I. New York: John Wiley.
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We reserve the right to make changes to the curriculum due to the need to update the content being studied.

Savonia UAS

Savonia is one of Finland's biggest and most versatile universities of applied sciences. Our campuses are situated in Kuopio, Iisalmi and Varkaus. There are almost 6000 students and 600 employees at Savonia. In education we implement Open Innovation Space (OIS), where we combine learning, development, research, and teaching.