Bachelor 2025/2026

Financial and Managerial Accounting

Type: Compulsory course (International Business)

Delivered by: Department of Financial Management

When: 2 year, 1, 2 module

Open to: students of one campus

Instructors: Yulia Leevik

Language: English

Contact hours: 72

Course Syllabus

Abstract

Accounting is an intensive field, plays a significant and vital role in the economy. Every business or organization needs to keep a track of their activities, which helps them to measure the performance of the organization and take further frontiers to grow their business or prevent any risk or shortcomings. The field is divided into two segments: Financial Accounting and Management Accounting. Financial Accounting is the presentation of the financial stats of the company. This information is more important from an investment point of view for the outsiders. Management accounting is more about the internal matters of the company. Management accounting helps the owners and other managerial personnel define the costs, budgets, policies to optimize the earnings of the company. The decisions related to the operations and processes are based on this data.