Course - Financial Accounting with financial statement analysis - BØA1200
Financial Accounting with financial statement analysis
Assessments and mandatory activities may be changed until September 20th.
About
About the course
Course content
The course is an introduction to financial accounting, including financial statement analysis. The content of the course is an important basis for further studies in financial accounting.
The objective of the course is to give the student a basic knowledge of preparing a financial statement in accordance with Norwegian accounting act (NGAAP), including knowledge of fundamental accounting principles, measurement rules, reporting and analysis of financial information.
Learning outcome
Knowledge
The student
- has knowledge of the financial statement as a source of information
- has knowledge of the content and regulation of financial accounting in Norway
- has knowledge of the fundamental accounting principles in the Norwegian accounting act
- has knowledge of recognition and measurement of assets, liabilities, income, and expenses in an annual account in accordance with Norwegian accounting act (NGAAP) with emphasis on:
- Fixed assets
- Inventory (stocks)
- Shares
- Receivables and cash
- Current and non-current liabillities
- Income tax
- Equity and distribution of sharedividends to shareholders
- has insight of the content of a cash-flow statement
- has insight into key financial ratios in analysis of a financial statement (financial statement analysis)
Skills
The student
- can recognize necessary adjustments and prepare annual accounts for a small, limited liability company (Ltd) in accordance with Norwegian accounting act (NGAAP).
- can prepare a cash-flow statement
- can calculate key financial ratios and evaluate a business profitability and financial position in a financial statement analysis.
General competence
The student
- can aquire new knowledge within the above-mentioned subject areas.
Learning methods and activities
Lectures, assignments and private study. During the semester there are exercises that must be approved to get access to the exam. Further information at the start of the semester.
Compulsory assignments
- Assignments
Further on evaluation
Supporting material allowed on exams: Approved calculator regarding NTNUs support material code B-D "specific basic calculator". Other calculators that are allowed in the course are: Casio FC-100V and Texas Instruments - BAII Plus
In the case of a re-sit exam and the last exam after the course has been discontinued, the form of assessment may be changed to an oral exam.
Specific conditions
Admission to a programme of study is required:
Business Administration (BØA)
Business Administration (BØAT)
Business Administration (ÅØKADM)
Economics and Business Administration (MSIVØK5)
Recommended previous knowledge
Introduction to business economy and financial accounting (BØA1100).
Course materials
Syllabus is given at the start of the semester.
Credit reductions
| Course code | Reduction | From |
|---|---|---|
| BØA1002 | 7.5 sp | Spring 2008 |
| BØA8003 | 7.5 sp | Spring 2008 |
| SMF1197 | 7.5 sp | Autumn 2019 |
| SMF1197F | 7.5 sp | Autumn 2019 |
| AE101308 | 7.5 sp | Autumn 2019 |
Subject areas
- Economics and Administration