Organizing Business and Accounting

Introduction

The main topic of the course is to introduce internal control as one of the tools for efficient corporate governance and to discuss challenges when establishing well-functioning accounting routines that focus on control and compliance, particularly with regards to the bookkeeping and accounting regulations.

Course content

• Internal control as a part of corporate governance
• The COSO model
• Risk management
• White-collar crime
• The accounting legislation, incl. the most relevant bookkeeping standards
• Handling of VAT, salaries and personnel related transactions
• The structure of accounting systems
• Risk in the ICT systems
• Efficient accounting routines in various business processes