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Financial Accounting, Processes and Systems

Financial Accounting, Processes and Systems

Code: BIG8TF008
Extent: 5 cr (133 h)
Timing: 6/7th semester
Language: English
Level: Profile studies
Type: Optional

Starting level and linkage with other courses

Preferably the student is familiar with ERP and other main concepts in Business and ICT.

Learning outcomes

After passing this course the student

  • is familiar with the basic accounting concepts and can identify common accounting processes
  • understands the importance of accounting and accounting processes in the business environment
  • has a solid understanding of the business process integration to accounting in an integrated systems
  • has a basic knowledge of Microsoft Dynamics Nav accounting functionality and knows how to customize the accounting processes in Microsoft Dynamics Nav
  • has gained some experience of SAP ERP accounting functionality (FI) and is familiar with the main concepts of FI and CO

Course contents

The basic accounting principles and processes in a business environment
The sales and purchase process and the integration to accounting in a business environment
Microsoft Dynamics Nav and SAP ERP – sales and purchases, integration and accounting processes

Course materials

Course books:

  • Concepts in Enterprise Resource Planning, Monk & Wagner 2008
  • Introduction to Financial Accounting, Horngren Edition 8 or newer
  • Integrating SAP ERP Financials: Configuration and Design, Naeem Arif and Sheikh Tauseef
  • SAP ERP Financials: Configuration and Design , Naeem Arif
  • Finance in Microsoft Dynamics Nav 5.0 course (outdated – partially)

Additional material:

  • Microsoft training material available as E-learning self-study material
  • Material and links provided in the E-learning environment or otherwise instructed by teacher.

Cooperation with the business community

Guest lecturers

Teaching and learning methods

Lectures and workshops 32 h
Team assignment, individual assignments and self-study 96 h
Assessment of one’s own learning 1 h
Module tests and/or Exam 4 h

International dimension

The course utilizes international material as well as applications in English.

Assessment criteria

Assessment is dependent on implementation type and is:    

  • 25-50 % assignments, activity and individual contribution
  • 50-75 % exam or module tests
Level 1-2 Level 3-4 Level 5
Student:
  • Has sufficient knowledge of the basic accounting concepts and principles.
  • Is familiar with the main accounting processes and their role in a business environment.
  • Has sufficient knowledge of SAP ERP FI/CO basic concepts and of the basic accounting processes in SAP ERP.
  • Has some skills in customizing the accounting processes in Microsoft Dynamics Nav.
  • Has a general understanding of business integration in SAP ECC and Microsoft Dynamics Nav ERP-systems.

Student in addition:

  • Has a good knowledge of the basic accounting concepts and principles.
  • Is familiar with the main accounting processes and their role in a business environment.
  • Has a good knowledge of SAP ERP FI/CO basic concepts and of the basic accounting processes in SAP ERP.
  • Has good skills in customizing the accounting processes in Microsoft Dynamics Nav.
  • Has a good general understanding of business integration in SAP ERP and Microsoft Dynamics Nav ERP-systems.

 

 

Student in addition:
  • Has a very good knowledge of the basic accounting concepts and principles.
  • Is very familiar with the main accounting processes and their role in a business environment.
  • Has excellent knowledge of SAP ERP FI/CO basic concepts and of the basic accounting processes in SAP ERP.
  • Has excellent skills in customizing the accounting processes in Microsoft Dynamics Nav.
  • Has a very good general understanding of business integration in SAP ECC and Microsoft Dynamics Nav ERP systems.

The assessment of one’s own learning does not influence the grade. The assignment is the same for all courses/modules and the answers are used for course/module development.

Accreditation of prior learning (APL)

To get a passing (P) grade and exemption from the course, student must display and demonstrate the competence by certificates from earlier studies or work experience covering the course objectives and contents. The student is to enroll for the course thru normal enrolment principals and then contact the teacher to start the APL-procedure.

Teacher(s) responsible

Ralf Rehn