SMF2151

Financial Accounting

Last taught 2019

Spring

Gjøvik

Norwegian

Overview

3 candidates

Pass rate

33%

39 points

Grade distribution
Average over time
Pass rate over time

About this course

Content

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.

Learning outcomes

Advanced knowledge of financial accounting theory.
Practical experience in making year-end adjustments in accordance with accounting rules and standards.
Have learned how to read and understand official accounts.
Shall know, and have an overview over those prosesses and activities witch take place in a company economical function.
Shall have sustainability consciousness to the accounting function.

Teaching methods

Group assignments.

Approved exercises:

3 compulsory group works (two be approved). Delivery in groups of 3-4 students.