Course Description

Topics covered (business economics analysis):

• Position of businesses within the economic system
• Role of the economy in businesses
• Income and expenditure theory
• Adaptation to various marketing systems
• Calculations and operational accounts
• Cost-, result - and volume analysis

Topics covered (accounting):

• Structure of accounts, standard framework and plan
• Registering business transactions
• Value-added tax, employer’s tax, deduction of tax and tax-payments
• Transaction principal, balancing principles and other basic accounting principles
• Writing off
• Other accruals and provisions
• General value-assessment rules for current assets and fixed assets
• Presentation of results and balance according to the Accounting Act

Assessment Methods

One obligatory group-project; pass/fail. Final written examination, 5 hours. Students must receive passing marks on all parts of the assessment.

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