course-details-portlet

BØA2033

Financial Accounting - intermediate

Credits 7.5
Level Intermediate course, level II
Course start Autumn 2025
Duration 1 semester
Language of instruction Norwegian
Location Trondheim
Examination arrangement School exam

About

About the course

Course content

The course is an advanced course in financial accounting, with emphasis on preparing a financial statement for a limited company (LTD).

The objective of the course is to give a good understanding of the conceptual framework, basic measurement problems and techniques in preparing a financial statement in accordance with Norwegian accounting legislation and good accounting practice in Norway (NGAAP), including an introduction to group accounts. The course also gives a basic knowledge of using computers in recording of transactions and other events in the accounts.

Learning outcome

Knowledge

The Student

  • has knowledge of the fundamental bookkeeping principles in the Norwegian bookkeeping act.
  • has knowledge of the regulation for public accountants
  • has in-dept knowledge of recognition and measurement of assets, liabilities, income and expenses in an annual account in accordance with Norwegian accounting act and good accounting practice (NGAAP), with emphasis on:
    • Fixed assets
    • Inventory (stocks)
    • Receivables
    • Shares
    • Liabilities including income tax
    • Equity and distribution of sharedividends to shareholders
  • has insight into good accounting practice for small enterprises
  • has knowledge of use of computers in recording transactions and other events in the accounts

Skills

The Student

  • can recognize necessary adjustments and prepare annual accounts for a limited liability company (Ltd) in accordance with Norwegian accounting act and good accounting practice (NGAAP).
  • can prepare consolidated accounts for a group of small enterprises

Competences

The Student

  • can aquire new knowledge within the above-mentioned subject areas.

Learning methods and activities

Lectures and exercises.

Further on evaluation

Aid allowed during exams:

C: Specified printed and handwritten aids allowed. A specific, simple calculator is permitted.

Other approved aids include printouts of laws without comments, law compilations, Norwegian accounting standards without comments, the Auditor's Handbook.

Online resource - Lovdata

Approved calculators:

  • Casio fx-82ES PLUS and Casio fx-82EX
  • Citizen SR-270X and Citizen SR-270X College Hewlett Packard HP30S
  • Other approved calculators as specified in the course description are:
    • Casio FC-100V and Texas Instruments - BAII Plus.

In the case of a re-sit exam and the final 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)
Economics and Business Administration (MSIVØK5)

Course materials

The syllabus is stated at the beginning of the semester.

Credit reductions

Course code Reduction From
BØA2032 7.5 sp Spring 2007
REV3025 2.5 sp Spring 2007
BØ232 6 sp Spring 2007
BØ231 6 sp Spring 2007
BØ230 7.5 sp Spring 2007
This course has academic overlap with the courses in the table above. If you take overlapping courses, you will receive a credit reduction in the course where you have the lowest grade. If the grades are the same, the reduction will be applied to the course completed most recently.

Subject areas

  • Economics and Administration

Contact information

Course coordinator

Lecturers

Department with academic responsibility

NTNU Business School

Examination

Examination

Examination arrangement: School exam
Grade: Letter grades

Ordinary examination - Autumn 2025

School exam
Weighting 100/100 Examination aids Code C, LOVDATA Date 2025-12-12 Time 09:00 Duration 5 hours Exam system Inspera Assessment
Place and room for school exam

The specified room can be changed and the final location will be ready no later than 3 days before the exam. You can find your room location on Studentweb.

Sluppenvegen 14
Room SL311 brun sone
67 candidates

Re-sit examination - Summer 2026

School exam
Weighting 100/100 Examination aids Code C, LOVDATA Duration 5 hours Exam system Inspera Assessment Place and room Not specified yet.