course-details-portlet

INFT1004 - Economic management and accounting

About

Examination arrangement

Examination arrangement: School exam
Grade: Letter grades

Evaluation Weighting Duration Grade deviation Examination aids
School exam 100/100 4 hours D

Course content

Financial accounts: The importance of financial management, liquidity budget and profit budget, balance, Profit and loss account, postings and basic accounting, document, payroll, travel expenses and value assessment.

Internal accounting: different cost concepts, calculation of costs and cost allocation, calculation principles, different operating accounting models, zero-point analysis, product selection, price decisions and market adaptation, key figures, and analysis of projects

Learning outcome

Knowledge

The candidate can:

  • Explain what financial management is and have knowledge about different company forms and cost concepts.
  • Explain the content of salary calculations and rules for travel invoices.
  • Explain the assessment and value assessment of the balance items
  • Understand and explain what calculative costs are and how these are to be calculated.
  • Explain various principles that form the basis for cost allocation.
  • Understand the purpose of product calculations and know different calculation principles.
  • Explain what a budget is and what budget it is appropriate to set up in different situations.

Skills

The candidate can:

  • Prepare and create a profit budget and liquidity budget.
  • Prepare and create a profit and loss account and the balance.
  • Post transactions to account debit / credit.
  • Register salary and travel expenses.
  • Calculate some basic financial key figures.
  • Calculate different cost types.
  • Calculate present value and internal rate of return.
  • Manage various product calculations.
  • Understand and prepare operating accounts.
  • Make calculations and setups in connection with zero-point analysis.
  • Prepare and create calculations in connection with analysis of long-term projects.

General competence

The candidate can:

  • See the importance of knowledge about, and understanding of, financial management in a company.
  • Read and evaluate existing budgets and accounts to understand a company's financial situation.
  • Managae calculations as basis to analyse a company's financial situation and development.

Learning methods and activities

Online subjects: The study material must be downloaded, and assignments must be answered online.

Compulsory assignments

  • Compulsory exercises

Further on evaluation

Mandatory work requirements: 10 of 12 exercises must be approved.

Postponed exam: May / June

For applications for crediting, approval and integration of courses from previous cohorts or other institutions' corresponding educations, each application will be processed individually, and applicants must be able to include credit reduction for overlapping courses.

Required previous knowledge

The course has study law requirements, and is reserved for students admitted to the Bachelor in Information Technology.

Course materials

Several written lessons will be made available on the school's learning platform after the start of studies. Textbooks: "Årsregnskapet", by Trond Kristoffersen and «Innføring i bedriftsøkonomi», by Åge Sending. Both published by Fagbokforlaget.

Credit reductions

Course code Reduction From To
IBED1002 3.7 AUTUMN 2019
IINI1006 3.7 AUTUMN 2019
IFUD1106 3.7 AUTUMN 2019
IDRI1001 3.7 AUTUMN 2019
IINI1011 3.7 AUTUMN 2019
IFUD1111 3.7 AUTUMN 2019
DIFT1003 7.5 AUTUMN 2019
More on the course

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Facts

Version: 1
Credits:  7.5 SP
Study level: Foundation courses, level I

Coursework

Term no.: 1
Teaching semester:  AUTUMN 2023

Language of instruction: Norwegian

Location: Gjøvik , Trondheim

Subject area(s)
  • Economics
Contact information
Course coordinator: Lecturer(s):

Department with academic responsibility
Department of Computer Science

Timetable

List view
Calendar view

Examination

Examination arrangement: School exam

Term Status code Evaluation Weighting Examination aids Date Time Examination system Room *
Autumn ORD School exam 100/100 D 2023-11-27 09:00 INSPERA
Room Building Number of candidates
SL311 grønn sone Sluppenvegen 14 40
M433-Eksamensrom 4.etg Mustad, Inngang A 5
SL274 Sluppenvegen 14 2
C218 Ankeret/Hovedbygget 7
SL317 Sluppenvegen 14 1
Spring UTS School exam 100/100 D 2024-05-14 09:00 INSPERA
Room Building Number of candidates
SL311 brun sone Sluppenvegen 14 8
C218 Ankeret/Hovedbygget 1
  • * The location (room) for a written examination is published 3 days before examination date. If more than one room is listed, you will find your room at Studentweb.
Examination

For more information regarding registration for examination and examination procedures, see "Innsida - Exams"

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