Principles of Financial Accounting
BASIC DATA
course listing
A - main register
course code
TAF2810
course title in Estonian
Finantsarvestuse alused
course title in English
Principles of Financial Accounting
course volume CP
4.00
ECTS credits
6.00
to be declared
yes
assessment form
Examination
teaching semester
spring
language of instruction
Estonian
English
The course is a prerequisite
Study programmes that contain the course
Structural units teaching the course
MM - Department of Business Administration
Timetable link
Version:
VERSION SPECIFIC DATA
course aims in Estonian
Anda teadmisi majandussündmuste kajastamise ning vara, kohustiste ja omakapitali arvestuse kohta.
course aims in English
Acquire knowledge in recording business transactions and accounting for assets, liabilities and owners’ equity.
learning outcomes in the course in Est.
Aine läbinud üliõpilane:
- oskab kajastada majandussündmusi raamatupidamislikult;
tunneb laekumata arvete, laoseisu, materiaalse ja immateriaalse vara, lühi- ja pikaajaliste kohustiste, omakapitali arvestust.
- oskab kajastada majandussündmusi raamatupidamislikult;
tunneb laekumata arvete, laoseisu, materiaalse ja immateriaalse vara, lühi- ja pikaajaliste kohustiste, omakapitali arvestust.
learning outcomes in the course in Eng.
After completing this course the student is able to:
- record business transactions and complete the accounting cycle;
- account for receivables, inventories, tangible and intangible assets, current and long-term liabilities, owners’ equity.
- record business transactions and complete the accounting cycle;
- account for receivables, inventories, tangible and intangible assets, current and long-term liabilities, owners’ equity.
brief description of the course in Estonian
Finantsarvestus ja selle keskkond. Finantsaruannete osised. Majandustehingud. Lihtne ja laiendatud raamatupidamisvõrrand. Tehingud. Tehingute dokumenteerimine. Kontod ja kahekordne kirjendamine. Raamatupidamistsükkel. Korrigeerimis- ja sulgemiskanded. Raamatupidamisregistrid. Võlgnevuste ja lootusetute võlgade arvestusmeetodid. Varude arvestus (pidev ja perioodiline süsteem), kulupõhised arvestusmeetodid. Materiaalse ja immateriaalse vara arvestus. Lühi- ja pikaajaliste kohustiste arvestus. Omakapitali arvestus. Finantsaruanded: raamatupidamisbilanss, kasumiaruanne, rahakäibe aruanne. Üldtunnustatud arvestuspõhimõtted. Raamatupidamist reguleerivad Eesti normatiivaktid. Rahvusvahelised finantsaruandlusstandardid.
brief description of the course in English
Accounting and its environment. Elements of financial statements. Business events. Simple and extended accounting equation. Transactions. Documentation of transactions. Accounts and double-entry accounting. Completing the accounting cycle. Adjusting and closing entries. Special accounting journals. Accounting for receivables and uncollectibles. Accounting for inventories (perpetual and periodic system), inventory costing models. Accounting for tangible and intangible assets. Accounting for current and long-term liabilities. Accounting for owners’ equity. Financial statements: balance sheet, income statement, cash flow statement, notes. Generally accepted accounting principles. Accounting legislation in Estonia. International financial reporting standards (IFRS).
type of assessment in Estonian
Kirjalik eksam
type of assessment in English
Written exam
independent study in Estonian
Kodutööd
independent study in English
Home assignments
study literature
pp
study forms and load
daytime study: weekly hours
4.0
session-based study work load (in a semester):
lectures
2.0
lectures
12.0
practices
0.0
practices
0.0
exercises
2.0
exercises
12.0
lecturer in charge
-
LECTURER SYLLABUS INFO
semester of studies
teaching lecturer / unit
language of instruction
Extended syllabus or link to Moodle or to home page
2024/2025 spring
Vaiva Kiaupaite-Grušniene, MM - Department of Business Administration
English