BØ6-2003 Financial Statement

Contents and structure

The subject provides a practical and theoretical deepening of annual accounts.

The course emphasizes combining theory and practical preparation of annual accounts in the annual statement programme. The focus is on the Accounting Act and good accounting practice, including accounting rules for small businesses.

The purpose is for the students to acquire knowledge, skills and competence that are valuable for preparing and assessing annual accounts in practice.

Learning Outcome

Skills:

The student

•Has in-depth knowledge of measurement and accounting in accordance with good accounting practice

•Has in-depth knowledge of the accounting rules for small businesses

•Has in-depth knowledge of the regulations for the preparation of complete annual accounts

•Knows the accounting rules for non-profit organisations

•Knows the rules for non-financial reporting, including sustainability reporting

Skills:

The student

• Can finalize annual accounts for limited companies, including tax and annual statement allocations tabularly and in an annual statement program.

General competence:

The student

•Can acquire up-to-date practical knowledge within accounting

•Can reflect on the annual accounts' value as a basis for decisions.

Entry requirements

BØA117 Financial accounting with analysis or equivalent

Recommended previous knowledge

None

Teaching methods

The teaching will vary between lectures and assignment seminars

Compulsory learning activities

One individual written work requirement.

Assessment

Individual home exam 7 days.

Grade scale A-F, where F corresponds to failure.

Examination support material

All scriptural aids.

More about examination support material

Course reductions

• BØ6-303 - Rekneskap og skatt - Reduction: 3.5 studypoints
• ØKB3117 - Vidaregåande finansrekneskap - Reduction: 7.5 studypoints
• ØKB3118 - Rekneskapsteori - Reduction: 1.5 studypoints