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

• Written examination, 5 hours, graded mark
• Work requirements, mandatory assignment 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