course-details-portlet

AE101308 - Financial Accounting with financial statement analysis

About

Examination arrangement

Examination arrangement: School exam
Grade: Letter grades

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

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.

Competences

The Student

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

Learning methods and activities

Lectures, assignments and private study. During the semester, 8 exercises are given of which 5 must be approved before the candidate can get access to the exam. Business simulation. Activities from previous semesters can be approved by the institute.

Compulsory assignments

  • Mandatory 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. Minimum attendance of 80% at exercise sessions. Approved assignments from earlier years are valid until substantial changes are done with respect to course content.

Specific conditions

Admission to a programme of study is required:
Business Administration (BØA)
Logistics Management (BLOG)
Marketing, Innovation and Management (359ML)

Required previous knowledge

The course is only available to students who have the right to study at the bachelor programs at the Economic Faculty.

Course materials

Syllabus is given at the start of the semester.

Credit reductions

Course code Reduction From To
SMF1197 7.5 AUTUMN 2019
SMF1197F 7.5 AUTUMN 2019
BØA1200 7.5 AUTUMN 2019
More on the course

No

Facts

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

Coursework

Term no.: 1
Teaching semester:  SPRING 2025

Language of instruction: Norwegian

Location: Ålesund

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

Department with academic responsibility
Department of International Business

Timetable

List view
Calendar view

Examination

Examination arrangement: School exam

Term Status code Evaluation Weighting Examination aids Date Time Examination system Room *
Spring ORD School exam 100/100 HJELPEMIDD INSPERA
Room Building Number of candidates
Summer UTS School exam 100/100 HJELPEMIDD INSPERA
Room Building Number of candidates
  • * 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"

More on examinations at NTNU