Course code Ekon3088
Faculty Faculty of Business, Management and Economics
Credit points, number of lectures
Credit points ECTS Credit points Total number of auditorium hours Number of lecture hours Number of seminars and practical work hours Number of student independent work hours
2 3 32 6 26 48
E-courses 2EKO3993: Practical classes of financial accounting
Course annotation The aim of the course is to provide students with practical job skills in financial accounting by simulating a real process of keeping a small business.

Course Tasks:
1. to deal with a practical task: to draw up the necessary accounting supporting documents, to register business transactions;
2. to explore the use of the accounting computer programs Zalktis and Moneo;
3. drawing up tax reports and financial statements;
4. to present the financial statement.

The language of instruction - Latvian






Course responsible lecturer Ramona Rupeika-Apoga
Results Knowledge
1. to be able to demonstrate knowledge of accounting and reporting issues
2. be able to demonstrate knowledge of individual tax calculations and reporting issues

Skills
3. to work on tax regulations, to identify taxable items
4. can arrange simple business documents and make entries in accounts in the computer program "Zalktis"

Competences
5. can prepare the financial statement of the company

6. is able to apply tax rates and prepare tax declarations or reports
Course plan Workshop development stages Expected amount in hours
1. Introduction to financial accounting practices. L1
2. Familiarity with the data of the notional training establishment. L1
3. Valuation of the accounting methodology of the company. L 0.5, S2
4. Preparation of documentation, registration of economic transactions in the accounts. L1, S7
5. Learning the basic principles of the Accounting Computer Program Zalktis and Moneo. S12
6. Drawing up tax reports. L1, S2
7. Preparation of the financial statement. L1, S3
8. Presenting and defending results L 0.5. Test.

L - lecture,
S - seminar
Requirements for obtaining credit points Intermediate assessment:
1. Evaluation of methodology of accounting and work in classes - 25%
2. The assessment of the quality of the prepared accounting records and registers in the computer program - 25%.
Final assessment:

3. Examination - defence and presentation of results - 50%.
Study programmes Economics
Accounting, Analysis and Audit