Learning outcome

The candidate has:

- An overview of the functions of a business enterprise

- Basic knowledge of business management theory and methods

- Basic knowledge of financial statements and how to create them

Course Description

Topics covered (business financial analysis):

- Position of businesses within the economic system

- Role of the economy in businesses

- Income and expenditure theory

- Adaptation to various marketing systems

- Calculations

- Cost, result and volume analysis

Topics covered (accounting):

- Structure of accounts, standard framework and plan

- Registering business transactions

- Value-added tax, payroll withholding tax, deduction of tax and tax payments

- Transaction principle, balancing principles and other basic accounting principles

- Writing off

- Other accruals and provisions

- General value-assessment rules for current assets and fixed assets

Teaching and Learning Methods

4-6 hours lectures / exercises per week.

Assessment Methods

• Written examination, 4 hours, graded mark
• Work requirements, mandatory assignments that must be approved in order for the student to take the written examination

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