BØK 3628 Internal Control and Accounting Organisation

BØK 3628 Internal Control and Accounting Organisation

Course code: 
BØK 3628
Department: 
Accounting and Operations Management
Credits: 
7.5
Course coordinator: 
Tor Olav Nordtømme
Course name in Norwegian: 
Internkontroll og regnskapsorganisasjon
Product category: 
Bachelor
Portfolio: 
Bachelor of Bus.Adm. with Accounting - Programme Courses
Semester: 
2025 Spring
Active status: 
Active
Level of study: 
Bachelor
Teaching language: 
Norwegian
Course type: 
One semester
Introduction

The main topic of the course is to introduce internal control as one of the tools for efficient management control and to discuss challenges when establishing well-functioning accounting routines that focus on controlling and compliance in all relevant areas.

Learning outcomes - Knowledge

After completing the course, the students have

  • Knowledge about the COSO-model as a general framework for internal control
  • Basic knowledge about the most relevant compliance challenges for business enterprises and employers
  • Knowledge about control activities related to ICT systems
  • Knowledge about the most relevant business processes and their corresponding routines
  • Knowledge about the roles and responsibilities of the Board of Directors, the Managing Director and the chartered auditor
Learning outcomes - Skills

After completing the course, the students are able to:

  • Identify, assess and understand risk, including risk in the ICT systems
  • Design efficient routines for internal control that address both generic and more business specific control challenges
  • Design accounting routines that focus on accounting legislation compliance
General Competence

After completing the course the students shall have required a deeper understanding about the complexity of internal control, as well as the understanding of corporate governance being business specific, requiring knowledge about organizational culture and the management challenges that occur when individual and collective behavior must change.

Course content
  • Internal control as a part of corporate governance
  • Overall goals related to operations, reporting and compliance
  • The COSO model
  • The control environment
  • Identification and assessment of risk
  • Effecient control activities
  • IT-related control activities
  • Efficient reporting routines and monitoring of the systems for intern control
  • Accounting legislation compliance
  • Other relevant compliance challenges
  • Organization of IT projects
  • Efficient accounting routines in various business processes
  • The accountant and controller as advisors
Teaching and learning activities

This is course is from spring 2019 only offered as a net-based course.  There are no traditional classes, but instead the use of videos, webinars, study guide and discussion forum.

E-Learning

Where the course is delivered as an online course, the lecturer will, in collaboration with the study administration, arrange an appropriate combination of digital learning resources and activities. These activities will correspond to the stated number of teaching hours delivered on campus. Online students are also offered a study guide that will provide an overview of the course and contribute to course progression. The total time students are expected to spend completing the course also applies to online studies.

Software tools
No specified computer-based tools are required.
Additional information

The course content is adapted to UHR-ØA's recommended framework for Bachelor in Business Administration with a profile for certified public accountants.

Qualifications

Higher Education Entrance Qualification

Disclaimer

Deviations in teaching and exams may occur if external conditions or unforeseen events call for this.

Required prerequisite knowledge

BØK 3422 Managerial Accounting, BØK 3532 Financial Accounting and Financial Statement Analysis and BØK 3541 Managerial Accounting and Control or equivalent courses.

Assessments
Assessments
Exam category: 
Submission
Form of assessment: 
Submission PDF
Exam/hand-in semester: 
First Semester
Weight: 
40
Grouping: 
Individual
Duration: 
4 Hour(s)
Comment: 
Mid-term exam.
All exams must be passed to obtain a final grade in the course.
Exam code: 
BØK36282
Grading scale: 
ECTS
Resit: 
Examination when next scheduled course
Exam category: 
Submission
Form of assessment: 
Submission PDF
Exam/hand-in semester: 
First Semester
Weight: 
60
Grouping: 
Group/Individual (1 - 3)
Duration: 
2 Week(s)
Comment: 
Written assignment.
All exams must be passed to obtain a final grade in the course.
Exam code: 
BØK36283
Grading scale: 
ECTS
Resit: 
Examination when next scheduled course
Type of Assessment: 
Ordinary examination
All exams must be passed to get a grade in this course.
Total weight: 
100
Student workload
ActivityDurationComment
Student's own work with learning resources
30 Hour(s)
Approximately 15 videos
Student's own work with learning resources
40 Hour(s)
Text book
Group work / Assignments
40 Hour(s)
Exercises
Examination
80 Hour(s)
Preparations for mid-term exam and the end assignment
Webinar
10 Hour(s)
Eight webinars
Sum workload: 
200

A course of 1 ECTS credit corresponds to a workload of 26-30 hours. Therefore a course of 7,5 ECTS credit corresponds to a workload of at least 200 hours.