FORK 1006 Preparatory Course in Accounting

FORK 1006 Preparatory Course in Accounting

Course code: 
FORK 1006
Department: 
Accounting, Auditing and Business Analytics
Credits: 
0
Course coordinator: 
Erlend Kvaal
Product category: 
Master
Portfolio: 
Master - Preparatory course
Semester: 
2019 Autumn
Active status: 
Active
Teaching language: 
English
Course type: 
One semester
Introduction

Students that are accepted to the programme in Master in Accounting and Auditing have various backgrounds, and some have not sufficient knowledge of basic accounting to follow the mandatory courses in financial reporting, financial statement analysis, auditing and valuation. This voluntary course gives an introduction to accounting which defines a starting point of knowledge for the mandatory courses.

Learning outcomes - Knowledge

The purpose of the course is to sum up the knowledge about accounting topics that is necessary to follow the mandatory courses in financial reporting, financial statement analysis, auditing and valuation in the programme.

Learning outcomes - Skills

-

General Competence

-

Course content

Topics covered in the course are:

  • Primary financial statements
  • Central accounting concepts
  • Articulation
  • Specification and classification of the balance sheet and income statement
  • Recognition and measurement of assets and liabilities
  • Double entry accounting
  • Accrual accounting
  • Cash flow statement
  • Equity
  • Reporting entity and consolidation
Teaching and learning activities

12 hours with lectures

Software tools
No specified computer-based tools are required.
Qualifications

All courses in the Masters programme will assume that students have fulfilled the admission requirements for the programme. In addition, courses in second, third and/or fourth semester can have spesific prerequisites and will assume that students have followed normal study progression. For double degree and exchange students, please note that equivalent courses are accepted.

Type of Assessment: 
None
Total weight: 
0