Introduction to Financial Accounting

Recommended prerequisites: 22A00110 Laskentatoimen perusteet tai ABL-A1300 Yrityksen talouden johtaminen ja raportointi

After having completed the course students should be able to

• Fully comprehend the accounting equation and double entry-accounting
• Understand and be able to explain the difference between cash and accrual accounting
• Prepare financial statements from the source data based on accounting transactions
• Read, understand, and examine the data in an annual report, hereunder the key components in the financial statements
• Develop financial ratios for a company and analyze the information content of these measures to make sound business decisions
• Identify and explain selected components of sustainability information provided by companies

Implementations by the academic year:

2026-2027 Autumn I, language of instruction: English

2026-2027 Spring III, language of instruction: English

2027-2028 Autumn I, language of instruction: English

2027-2028 Spring III, language of instruction: English

The languages of instruction and languages of study attainment may vary depending on the course implementation. Implementations are not necessarily organised in all the languages of study attainments marked for the study unit. When registering, check to see that the course implementation you are registering for may be completed in the language you want, as some languages apply only to certain implementations.