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Front Page > Archived Education > Business Economics (T-FE) > 2011 > Year 3 > Group Accounting and Finance (TFS3306)

Group Accounting and Finance

Structure Type: Study unit
Code: TFS3306
Type: Compulsory / Professional Studies
Curriculum: T-FE 2011
Level: Bachelor of Business Administration
Year of Study: 3 (2013-2014)
Credits: 5 cr
Responsible Teacher: Kallenberg, Niklas
Language of Instruction: Swedish

Learning Outcomes

The student is able to identify the structure of a group, can prepare consolidated financial statements and knows the basic principles of IFRS-accounting practice. The student understands the different elements of financial planning and is able make financial calculations.

Student's Workload

Class teaching: lectures/ exercises 64 h. Independent studies: Theory reading 20 h, independent studies and reflection 38 h, preparation for examination 20 h

Prerequisites / Recommended Optional Courses

Introduction to financial accounting, Introduction to management accounting

Contents

Definition of the group concept, various group structures, contents and objectives of consolidated financial statements, preparation techniques, elimination of inter-company transactions and holdings, separation of minority interests, consolidation of subsidiary accounts into group accounts, consolidation of foreign subsidiaries and associated companies, IAS/IFRS-standards, IAS/IFRS-accounting principles. The need of capital and financing, making a result budget, a financing plan, a cash budget and a plan for loans and liabilities.

Recommended or Required Reading and Other Learning Resources/Tools

- Alhola, Kari – Koivikko, Aarne – Räty, Päivi 2003. Konsernitilinpäätös ja IAS. Vantaa. WSOY.
- Forms for financial planning
- Handouts

Mode of Delivery / Planned Learning Activities and Teaching Methods

Lectures, written exercises, computer exercises, virtual lessons and virtual teamwork

Assessment Criteria

1 the student understands some basics about group accounting and financial planning
3 the student understands well the basics about group accounting and financial planning
5 the student understands excellent the basics group accounting and financial planning

Assessment Methods

Written test, Assessment on scale 0-5.


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