Course code EkonP222
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
4 6 64 32 32 96
E-courses 2EKO3959: Financial Accounting I
Course annotation Course aim is financial accounting theoretical and practical knowledge mastering.
Course tasks:
1) To learn items of balance sheet and revenue and costs recording requirements,
2) To learn how to evaluate and to record a variety of economic transactions,
3) To learn to draw up the balance sheet.

The language of instruction is Latvian.
Course responsible lecturer Ramona Rupeika-Apoga
Results After this course successful mastering, students get:
1) knows basic financial accounting requirements,
2) knows the balance sheet items and income and expense accounting requirements.

3) to evaluate and to record different economic transactions,
4) to calculate salary.


5) record transactions and to prepare balance sheet.
Course plan No. Theme Amount in hours
1. Long-term investments. L14 P12
2. Current assets. L8 P12
3. Equity and provisions. L4 P2
4. Payment for work and liabilities. L6 P6

L - lecture,
P - practical work
Requirements for obtaining credit points Interim assessment:
1. Test - 16 %,
2. Test - 17 %,
3. Test - 17 %.

Final assessment:

4. Successfully passed exam (written) - 50%.

Study programmes Economics
Accounting, Analysis and Audit