Learning outcome

After successfully completing the course, the candidate will have achieved the following learning outcomes defined in terms of knowledge, skills and general competence.

The candidate has knowledge of / can:

• The main principles of good corporate governance management including the responsibilities of the board, CEO and auditor
• Key business processes
• General controls and can reflect on organizational relationships relating to internal control
• Security requirements and controls in IT systems
• Basic accounting principles in relation to the Bookkeeping Act and is familiar with good bookkeeping practices
• Other provisions in the Accounting Act and Bookkeeping Act
• The rules for accountants and good accounting practices, including the accountant’s role
• Identify, assess and understand risks
• Use methods for the analysis and management of risk
• Formulate measures to ensure effective internal control

Course Description

• Accounting’s framework
• The requirements of the Accounting Act with respect to financial statements
• Internal control and internal accounting controls (COSO model)
• Accounting system
• Practical use of computer-based accounting software
• Control and security in IT-based accounting
• External accounting

Teaching and Learning Methods

Lectures, 4 hours per week during the autumn semester.
Practical use of IT-based accounting system

Assessment Methods

Mandatory submission must be approved in order to be eligible to sit the examination. Written examination, 5 hours.

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