Having completed the course, students are expected to be able to:
have a good understanding of the structure of the accounting system and the value bases used in accounting standards
have a basic understanding of how accounting information is produced and used
be able to identify and book basic business events
be able to prepare a basic financial statement
be able to apply financial measures on accounting data in order to describe profitability, liquidity and financing of a company
apply basic knowledge in business administration to compile, analyse, critically evaluate and integrate information in a business studies practice.
Initially in the course we study financial accounting through discussion of basic concepts such as assets, liabilities, equity, income and expenses. The relationship between profit, assets and liquidity is especially noticed. In parallel, the principles behind dual accounting and account plans are introduced. The principles are exemplified by commonly occurring business events. Accounting reports, such as financial and annual reports, are also central to the course. Therefore, we also study how these reports can be analysed to describe the company's profitability, liquidity and financial situation. Furthermore, how their design is affected by legislation, accounting standards, accounting principles and valuation methods.
The course is given in Swedish. Teaching takes the form of lectures, seminars and group work. This is a campus-based course, but also web-based tools are included. Information on various activities such as assignments and submission dates can be found in the course manual available on the website of the course.
The students will get one single grade, equivalent to 7.5 credits.
Examination takes place on an ongoing basis through various examination elements in the form of exams, assignments and group work. The final grade is set by weighing the examination elements. More detailed information on how the weighing is done can be found in the study guide which is published on the website of the course. Final grade for the entire course is given with Fail, Pass or Pass with distinction.
Ongoing examination means that assignments and tests must be completed within the framework of the duration of the course. For students who have not received a passing grade for the course, there is the opportunity to be examined without re-registration via a make-up exam.
If there are special reasons, the examiner may make exceptions to the specified examination method and allow a student to be examined in another way. For example, special reasons may be given for special educational support from the university coordinator.
Uppsala University does not accept cheating and plagiarism. Students who are suspected of being involved in any form of cheating and / or plagiarism are reported to the principal. The disciplinary measures are a warning or suspension of studies for a limited time.
NOTE: Only completed courses can be included in the degree.
This course replaces/overlaps among others the following basic courses in business studies: Accounting 2FE154, Accounting A 2FE153, Financial Accounting 2FE151, Business and Markets II 2FE008, Business and Enterprise I 2FE015, Business and Enterprise II 2FE016, Economy, Accounting and Analysis 2FE024, 2FE032, Business Economics 1TG010, Business Studies A/B 2FE025, Management Accounting and Control in Private and Public Organisations 2FE017, Accounting 2FE155.