General provisions

The course is offered within, e.g., the Bachelor's Programme in Business and Economics and as freestanding course, as part of Business Studies A.

Entry requirements

General entry requirements

Learning outcomes

After completing the course, the student should be able to:

• describe and utilise the techniques used in the production of accounting information,
• independently identify and describe relevant content in accounting information for external analyses and use that information to calculate new economic data and explain its relevance,
• describe the content and the structure of the annual financial statements and identify how laws and regulations influence the formulation of accounting standards,
• provide an overview of the structure of the accounting system.

Throughout the course, students will have the opportunity to practice:

• collaborating with others in problem-solving situations,
• communicating in writing and verbally about accounting issues with other economists and with individuals without specialized knowledge,
• completing tasks within given timeframes.

Content

The course begins with a discussion of central fundamental concepts in business economics as well as the company's financial reports. The relationship between income, balance, and liquidity is highlighted. Concurrently, the principles behind double-entry bookkeeping, debits and credits, accounts, and chart of accounts are introduced. These principles are exemplified with common business transactions. The final reports of accounting, such as the annual closing and annual report, are the central focus of the area. Here, the overall impact of legislation, various accounting principles, and valuation methods on these reports is addressed. The area concludes with a discussion on how accounting data can be used through key performance indicators to describe the company's profitability, liquidity, and financial situation.

Instruction

The teaching includes lectures, practice sessions, written group assignments, and seminar.

Assessment

The student will get one single grade, equivalent to 7.5 credits.

Examinations occur continuously through individual written tests, as well as seminars and group assignments. The grade for the entire course is determined based on a weighting of the different assessment components. Grading criteria are outlined in the course syllabus applicable to each course offering. The grades used are Pass with Distinction (VG), Pass (G), or Fail (U). Submissions made after the deadline will not be assessed unless special circumstances can be substantiated. Any resubmissions must be submitted no later than the time specified in the course syllabus.

For students who have not received a passing grade for the course, there is an opportunity to be assessed through a retake exam without re-registration.

If there are special reasons for doing so, an examiner may make an exception from the method of assessment indicated and allow a student to be assessed by another method. An example of special reasons might be a certificate regarding special pedagogical support from the University's disability coordinator.

Uppsala University does not accept cheating or plagiarism. Suspected incidents of cheating or plagiarism are reported to the Vice-Chancellor, which may issue a formal warning to the student or suspend the student from studies for a certain period.

NOTE: Only completed courses can count toward a degree.

Other regulations

This course replaces/overlaps among others the following courses: Accounting 2FE155, Accounting 2FE154, Accounting A 2FE153, Financial Accounting 2FE151, Business and Enterprise 2FE007, 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, Financial Accounting with Applied Business Analysis 2FE944.