SMF2151 - Financial Accounting


Examination arrangement

Examination arrangement: Written examination
Grade: Letters

Evaluation form Weighting Duration Examination aids Grade deviation
Written examination 100/100 4 hours C

Course content

The economical function: Organizing, planning and control of all activities in connection with the economic function.

The traditional year-end accounting concepts and classifications.

Performance versus asset based accounting theory.


Liabilities and shareholders equity.

Income and dividends.

Expenses and losses.

Learning outcome

Advanced knowledge of financial accounting theory.

Practical experience in making year-end adjustments in accordance with accounting rules and standards.

Have learned how to read and understand official accounts.

Shall know, and have an overview over those prosesses and activities witch take place in a company economical function.

Shall have sustainability consciousness to the accounting function.

Learning methods and activities

Forelesninger|Gruppearbeid|Obligatoriske oppgaver|Oppgaveløsning|Veiledning

Utfyllende informasjon:

Group assignments.

Obligatoriske arbeidskrav:

Two compulsory group works (both must be approved). Delivery in groups of 3-4 students.

Compulsory assignments

  • Approved exercises

Further on evaluation

Re-sit of written exam in August.

Specific conditions

Exam registration requires that class registration is approved in the same semester. Compulsory activities from previous semester may be approved by the department.

Admission to a programme of study is required:
Business Administration and Management (BØKLED)
Business Administration and Management (BØKLED-F)

Required previous knowledge

SMF1042 Basic Economics.

Course materials

Course material is announced at the start of the course term.

Credit reductions

Course code Reduction From To
SMF2151F 10.0


Detailed timetable


Examination arrangement: Written examination

Term Statuskode Evaluation form Weighting Examination aids Date Time Room *
Spring ORD Written examination 100/100 C
  • * 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.