course-details-portlet

SMF1197F - 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 liabilities
    • Income tax
    • Equity and distribution of share dividends to shareholders
  • has insight of the content of cash-flow statement
  • has insight into key financial ratios in analysis of 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 acquire new knowledge within the above mentioned subject areas

Learning methods and activities

Digital lectures, assignments and private study. During the semester there are some exercises that must be approved to get access to the exam. Further information at the start of the semester.

Approved work requirements from previous semesters are approved by the department.

Compulsory assignments

  • Compulsory 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

Specific conditions

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

Course materials

Syllabus is given at the start of the semester.

Credit reductions

Course code Reduction From To
SMF1197 7.5
SMF2151F 7.5 AUTUMN 2018
SMF2151 7.5 AUTUMN 2018
BØA1200 7.5 AUTUMN 2019
AE101308 7.5 AUTUMN 2019
More on the course

No

Facts

Version: 1
Credits:  7.5 SP
Study level: Intermediate course, level II

Coursework

Term no.: 1
Teaching semester:  SPRING 2025

Language of instruction: Norwegian

Location: Gjøvik

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

Department with academic responsibility
Department of Industrial Economics and Technology Management

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