course-details-portlet

DIFT1003 - 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

The teaching in the course consists of lectures with a review of theory followed by practical problem solving. The problem solving takes place in a classroom where the subject teacher and/or learning assistant reviews relevant tasks together with the students. This is so that the students can practice internal accounting routines in practice. In addition, it is planned that the students will work on practical assignments independently between the teaching hours.

Compulsory assignments

  • Compulsory exercises

Further on evaluation

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

Postponed exam: May / June

Specific conditions

Admission to a programme of study is required:
Digital Business Development (ITBAITBEDR)

Required previous knowledge

The course has study law requirements, and is reserved for students admitted to the Bachelor in Digital Business Development.

Course materials

Several written lessons will be made available on the school's learning platform after the start of the 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
INFT1004 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 2024

Language of instruction: Norwegian

Location: 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 2024-12-12 09:00 INSPERA
Room Building Number of candidates
SL310 lilla sone Sluppenvegen 14 9
SL310 hvit sone Sluppenvegen 14 46
Spring UTS School exam 100/100 D 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"

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