Profitable Business 1 (5cr)

Learning outcomes

The student is able to
- record business transactions in the accounting records
- assess the profitability of an organization
- use different management accounting techniques
- compile financial reports to support decision making

Teaching methods

Weekly contact sessions and individual/team assignments.

Learning materials and recommended literature

Will be found in the Canvas workspace

Student workload

5 ECTS = 135 student working hours

Evaluation scale

H-5

Assessment criteria, satisfactory (1-2)

PROFESSIONAL KNOWLEDGE BASIS, INFORMATION SEARCHING AND REPORTING
– use essential professional concepts when explaining various work practices and situations
– search for information in different sources
– report

PROFESSIONAL PRACTICE AND WORKPLACE DEVELOPMENT
– work under guidance using the skills and methods learned
– interact with customers and/or co-operation partners
– receive guidance

Assessment criteria, good (3-4)

PROFESSIONAL KNOWLEDGE BASIS, INFORMATION SEARCHING AND REPORTING
– use professional concepts in a consistent manner when explaining various work practices and situations
– gather information and use his/her knowledge basis
– report in the agreed manner

PROFESSIONAL PRACTICE AND WORKPLACE DEVELOPMENT
– work using the skills and methods learned
– engage in professional interaction with customers and/or co-operation partners and identify their needs
– take part in guidance and utilise it

Assessment criteria, excellent (5)

PROFESSIONAL KNOWLEDGE BASIS, INFORMATION SEARCHING AND REPORTING
– use professional concepts extensively
– compare and choose
relevant information
– report and communicate in a professional manner

PROFESSIONAL PRACTICE AND WORKPLACE DEVELOPMENT
– work independently, using the skills and methods learned
– take responsibility for interaction with customers and/or co-operation partners and for responding to their needs
– anticipate his/her need for guidance