Course Description

Course Description

Topics covered (Business Financial Analysis):

• The company as part of the economic system
• The role of the cost management
• Income and cost theory
• Profit optimizing under different market conditions
• Calculations
• CVP (Cost, volume and profit) analysis

Topics covered (Accounting):

• Structure of accounts, standard account framework and plan
• Bookkeeping
• VAT (value added tax), employer tax, tax deduction and tax payments
• General accounting principles (in Norway)
• Depreciation
• Other accruals and provisions
• General valuation rules for current and fixed assets

Assessment Methods

Assessment Methods / Examination

One mandatory group project; pass/fail.
Final written exam, 5 hours.

Minor adjustments may occur during the academic year, subject to the decision of the Dean