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Financial Management and Accounting processes

Financial Management and Accounting processes
  • Code: BUS4TF005
  • Extent: 6 credit points ( 162 h)
  • Timing: semester 7
  • Language: English
  • Level: Professional studies
  • Type: Elective

Prerequisites

The student has passed the basic ERP courses (ERP Application and Business Process Development (SYS4TF070) or SAP ERP Basics ( SYS8TF100)) or has the equivalent knowledge.

Learning objectives

After passing this course the student

  • is familiar with the basic accounting concepts and is able to indentify  common accounting proesses
  • understands the importance of accounting and accounting processes in the business environment
  • has a solid understanding of the business process integration to accounting in 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 a good knowledge of SAP ECC accounting functionality (FI) and is familiar with the business integration to the FI module
  • understands the importance of Business Intelligence solutions in integrated systems environments

Course contents

  • The basic accounting principles in the business environment
  • The sales process, the purchase process and the accounting processes in the business environment
  • Microssoft Dynamics Nav and SAP ECC – sales and purchases, integration and accounting processes
  • Business Intelligence solutions – theory and practise (Data Pivot and SAP Business Objects)

Teaching and learning methods

  • Lectures and workshops 64 h
  • Team assignments, individual assignments and self study 79 h
  • Exam 4 h
  • The assessment of one’s own learning 1 h

Course material

  • 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
  • Additional material
    • Microsoft training material available as E-learning self-study material

Cooperation with the business and other organisations

Guest lecturers

Teacher

Ralf Rehn

Assessment criteria

Grade 5 (90 %) Grade 3 (70 %) Grade 1 (40 %)

The student:

  • 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 ECC FI/CO basic concepts and of the basic accounting processes in SAP ECC
  • 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 student:

  • 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 ECC FI/CO basic concepts and of the basic accounting processes in SAP ECC
  • has good skills in customizing the accounting processes in Microsoft Dynamics Nav
  • has a good general understanding of business integration in SAP ECC and Microsoft Dynamics Nav ERP-systems

The 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 ECC FI/CO basic concepts and of the basic accounting processes in SAP ECC
  • 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

Modes of assessment and their weights

  • 25 % assignments, activity and individual contribution
  • 75 % exam

The assessment of one’s own learning does not influence the grade. The assignment is the same for all courses/modules and the answers will also be used for course/module development. The assignment is completed online in WinhaOpaali.

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. It is possible to participate in the competence demonstration only once before taking the course.