REV 3408 Organizing Business and Accounting

APPLIES TO ACADEMIC YEAR 2016/2017
Norwegian version

REV 3408 Organizing Business and Accounting


Responsible for the course
Tor Olav Nordtømme

Department
Department of Accounting - Auditing and Business Analytics

Term
According to study plan

ECTS Credits
7,5

Language of instruction
Norwegian

Introduction
The main topic of the course is to introduce internal control as one of the tools for efficient corporate governance and to discuss challenges when establishing well-functioning accounting routines that focus on control and compliance, particularly with regards to the bookkeeping and accounting regulations.

Learning outcome
Acquired knowledge
After completing the course, the students have

  • Knowledge about the COSO-model as a general framework for internal control
  • Basic knowledge about the accounting legislation and other relevant regulations that affect accounting routines
  • Knowledge about control activities related to ICT systems
  • Knowledge about the most relevant business processes and routines

Acquired 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

Reflection
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.

Prerequisites


Compulsory reading
Books:
Moen, Tove-Gunn og Bjørgunn Havstein. 2014. Regnskapsorganisering : bokføring og intern kontroll. 6. utg. Cappelen Damm akdemisk. 260 s

Recommended reading
Books:
Moen, Tove-Gunn og Havstein Bjørgunn. 2015. Regnskapsorganisering oppgavesamling. 6. Cappelen-Damm Akademisk
Moen, Tove-Gunn, Ingjerd Moen og Terje Tvedt. 2015. Bokføringsloven. 9. utg. Den norske revisorforening : DnR kompetanse (Fagbokforlaget)

Course outline
  • Internal control as a part of corporate governance
  • The COSO model
  • Risk management
  • White-collar crime
  • The accounting legislation, incl. the most relevant bookkeeping standards
  • Handling of VAT, salaries and personnel related transactions
  • The structure of accounting systems
  • Risk in the ICT systems
  • Efficient accounting routines in various business processes

Computer-based tools
None.

Learning process and workload
The course consists of 42 hours of lectures over one semester.

Recommended use of time for the students:
Activity
Hours
Class participation
42
Preparation for lectures/literature
50
Work on assignments
40
Self-study/colloquia
50
Preparation for the examination
18
Recommended total use of time
200

E-learning
In course delivery as online courses or evening classes, will lecturer, in collaboration with the Academic Services Network and evening studies, organize an appropriate combination of digital and class room teaching. Online students are also offered a study guide, which will help progression and overview. Total recommended amount of time for completion of the course also applies here.



Examination
The course is concluded by a three-hour individual written examination.
Examination code(s)
REV 34081 –Written examination, counts 100% toward the grade for the course REV 3408 Organizing Business and Accounting, 7.5 credits.

Examination support materials
No support materials are allowed.

Re-sit examination
Re-sit examination is offered every term.

Additional information

Semester

Oversettelser