Table of contents

The course is connected to the following study programs

Teaching language

Norwegian.

Recommended previous knowledge

BE-110 Managerial Accounting and BE-111 Financial Accounting 1, or equivalent.

Learning outcomes

Upon successful completion of this course the student should be able to:

 

  • be able to analyze companies' profitability, liquidity and solvency based on published accounting information
  • know the fundamental principles governing the Norwegian Accounting Act, international accounting rules and central accounting standards
  • demonstrate the ability to apply accounting recognition and measurement rules on specific accounting topics (N GAAP)
  • be able to prepare annual financial statements and have basic knowledge of how the UN sustainability goals can affect companies' assessments of both materiality and presentation of financial information
  • be able to prepare simple consolidated financial statements
  • demonstrate knowledge of the legal requirements for preparing notes and annual accounts
  • have knowledge of digital accounting tools

Contents

Course participation enable students to gain insight in how information from the financial statements can be used in various decision-making situations. In that respect, the existence of competing set of accounting regulations are discussed, and students are continuously challenged to reflect on ethical issues related to the company’s presentation of financial information. In the process of systematizing and analyzing accounting information, Excel is used consistently, and several UN sustainability goals serves as a starting point for debating the role of financial accounting in national and international capital markets.

Teaching and learning methods

Lectures, videos and group work.

Examination requirements

Approved compulsory assignment.

Examinations

4 hour written examination with letter grades.

Student evaluation

The person responsible for the course, in consultation with the student representative, decides the method of evaluation and whether the courses will have a midterm- or end of term evaluation, see also the Quality System, section 4.1. Information about evaluation method for the course will be posted on Canvas.

Offered as a free-standing course

Yes. Subject to avalibility or capacity.

Admission for external candidates

No

Reduction of Credits

This course’s contents overlap with the following courses. A reduction of credits will occur if one of these courses is taken in addition:

Course Reduction of Credits
BE-209 – Financial Accounting 2. 7.5
BE-2200 – Intermediate financial accounting. 5
BE-202 – Intermediate Accounting. 5
BE-202 – Intermediate Accounting. 5
BE-301 – Intermediate Financial Accounting. 5
BE-2200 – Intermediate Financial Accounting. 5
BE-2200 – Accounting legislation and accounting in practice. 5
BE-2200 – Intermediate financial accounting. 5
Last updated from FS (Felles studentsystem) Oct. 15, 2026 7:13:52 AM