YTTP2130 Introduction to Accounting (5 cr)

Study level:
Basic studies
Grading scale:
Responsible organisation:
Jyväskylä University School of Business and Economics
Curriculum periods:
2017-2018, 2018-2019, 2019-2020



Basics of financial and management accounting: Accounting information, recording business transactions, profit measurement, financial statement objectives, presentation and analysis, nature of management accounting, cost concepts and behavior, CVP -analysis, cost accounting systems (job order costing, process costing and activity-based costing).

Completion methods

Contact teaching course, Spring semester, 3rd period. The study methods of the contact teaching course are specified in the study program annually.

Assessment details

Accepted completion of the designated assignments. The assessment criteria of the course is specified in the study program annually.

Learning outcomes

On successful completion of the course, students will be able to:
- explain the role of the accounting information in organizations and society
- define the basic concepts of accounting
- analyze the effects of basic transactions on the balance sheet equation
- explain and apply the logic of double entry bookkeeping
- record basic transactions and adjusting entries within the double-entry system
- explain the preparation of the financial statements for small businesses
- calculate and interpret key financial ratios
- define different concepts of costs and explain how different types of costs behave
- apply CVP analysis
- describe and apply the major types of cost management (accounting) systems


  • Stolowy, H., Lebas, M. & Ding, Y. 2013: Financial Accounting and Reporting. A Global Perspective. (Chapters 1-5 and 7.2); ISBN: 9781408021132
  • Atkinson, A.A., Kaplan, R.S., Young, S.M. 2004 (or a newer edition). Management accounting. (chapters 1–6); ISBN: 0131230263

Completion methods

Method 1

Select all marked parts
Parts of the completion methods
Unpublished assessment item