Print Course syllabus
Course syllabus - Financial Accounting
Scope
7.5 credits
Course code
FOA189
Valid from
Autumn semester 2022
Education level
First cycle
Progressive Specialisation
G1N (First cycle, has only upper-secondary level entry requirements).
Main area(s)
Business Administration
School
School of Business, Society and Engineering
Ratified
2021-01-22
Revised
2021-12-20
Literature lists
Course literature is preliminary up to 8 weeks before course start. Course literature can be valid over several semesters.
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Books
Frank Wood's business accounting : an introduction to financial accounting
Fifteenth edition. : Harlow, England : Pearson, 2021 - xxiii, 813 pages
ISBN: 9781292365435 LIBRIS-ID: 6l19d6lk4z7j6g8c
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Books
Frank Wood's business accounting : an introduction to financial accounting
Fifteenth edition. : Harlow, England : Pearson, 2021 - xxiii, 813 pages
ISBN: 9781292365435 LIBRIS-ID: 6l19d6lk4z7j6g8c
Reference literature
Academic studies in Sweden : effective study skills and habits
First edition : Lund : Studentlitteratur, [2019] - 106 sidor
ISBN: 9789144124896 LIBRIS-ID: 9lbk3xmd7c4mh5w6
-
Books
Frank Wood's business accounting : an introduction to financial accounting
Fifteenth edition. : Harlow, England : Pearson, 2021 - xxiii, 813 pages
ISBN: 9781292365435 LIBRIS-ID: 6l19d6lk4z7j6g8c
-
Books
Frank Wood's business accounting : an introduction to financial accounting
Fifteenth edition. : Harlow, England : Pearson, 2021 - xxiii, 813 pages
ISBN: 9781292365435 LIBRIS-ID: 6l19d6lk4z7j6g8c
Reference literature
Academic studies in Sweden : effective study skills and habits
First edition : Lund : Studentlitteratur, [2019] - 106 sidor
ISBN: 9789144124896 LIBRIS-ID: 9lbk3xmd7c4mh5w6
Objectives
The course has the purpose to provide students with understanding of the key financial statements, how they are used in organisations and how they can be analysed to understand an organisation's financial position and strategy.
Learning outcomes
After completion of the course the student should be able to:
1. Describe how accounting may be used as the language of business.
2. Describe how the key financial statements are created via double-entry bookkeeping.
3. Explain how to analyse key financial statements to describe an organisation's financial position and financial strategy
4. Describe different international general accounting standards and how ethical and sustainability aspects are illustrated in the presentation of financial reports.
5. Present and argue, both in written and in oral, how the aspects of accounting, financial statements and standards interrelate.
Course content
The course will focus on financial accounting and give students an introduction to read and analyse the key financial statements. The course will cover how organisations use these statements and how they can be analysed to understand the financial position of an organisation and its financial strategy. The course will also give an introduction to the different international general accounting standards and how ethical and sustainability aspects can influence financial reporting.
Tuition
Lectures, exercise sessions, seminars and group work.
Requirements
Basic eligibility and English 6
Examination
Assignment (INL1) 1,5 credits, marks Pass (G) (Linked to learning outcomes 1 , 2, 4 and 5)
Seminar (SEM1) 1,5 credits, marks Pass (G) (Linked to learning outcome 1, 2, 3 and 5)
Written examination (TEN1) 4,5 credits, grade Excellent (A), Very good (B), Good (C), Satisfactory (D), Sufficient (E), Insufficient (F) (Linked to learning outcome 1, 2, 3 and 4)
A student who has a certificate from MDU regarding a disability has the opportunity to submit a request for supportive measures during written examinations or other forms of examination, in accordance with the Rules and Regulations for Examinations at First-cycle and Second-cycle Level at Mälardalen University (2020/1655). It is the examiner who takes decisions on any supportive measures, based on what kind of certificate is issued, and in that case which measures are to be applied.
Suspicions of attempting to deceive in examinations (cheating) are reported to the Vice-Chancellor, in accordance with the Higher Education Ordinance, and are examined by the University’s Disciplinary Board. If the Disciplinary Board considers the student to be guilty of a disciplinary offence, the Board will take a decision on disciplinary action, which will be a warning or suspension.
Grade
Excellent, Very good, Good, Satisfactory, Sufficient, Insufficient, complementary work possible, Insufficient
Interim Regulations and Other Regulations
The course overlaps 7,5 credits with respective courses:
FOA133 Financial and Management Accounting 1
EFO021 Financial Accounting I
EFO009 Introduction to Financial and Management Accounting
FOA146 Financial Accounting
FOA166 Financial Accounting