Veidlapa Nr. M-3 (8)
Study Course Description
Business and Accounting
Course Code
LSPA_137
Branch of Science
Health sciences
ECTS
3.00
Target Audience
Pedagogy; Sports Trainer
LQF
All Levels
Study Type And Form
Full-Time; Part-Time
Study Course Implementer
Course Supervisor
Gudrīte Daukste
Structure Unit Manager
Uģis Ciematnieks
Structural Unit
Department of Sports Theory
Contacts
LSPA, Brīvības gatve 333, Riga, LV-1006
About Study Course
Objective
To improve the knowledge and skills of students in the field of entrepreneurship and accounting by promoting the ability to evaluate the business environment, plan the commencement of entrepreneurship and apply basic accounting principles in accordance with the requirements of regulatory enactments.
Preliminary Knowledge
Basic knowledge of mathematics and basic economic concepts, ability to analyse information and use digital tools to perform learning tasks.
Learning Outcomes
Knowledge
1.Describes the forms of business, the business environment and the founding principles of the company.
Individual work and tests
Final test • Business environment analysis
2.Explain accounting tasks, basic principles and requirements of regulatory enactments.
Individual work and tests
Accounting task • Final test • Calculation of financial results and preparation of financial statements
Skills
1.Select the most appropriate sources of financing for the business form.
Individual work and tests
Final test • Business environment analysis
2.A simple entry of economic transactions shall be made using the double entry principle.
Individual work and tests
Accounting task • Final test
3.The balance sheet and profit or loss account shall be drawn up in accordance with the data given.
Individual work and tests
Calculation of financial results and preparation of financial statements • Final test
Competences
1.Evaluate the business environment and justify business start-up opportunities.
Individual work and tests
Calculation of financial results and preparation of financial statements • Final test • Business environment analysis
2.The basic accounting principles for the accounting of an entity’s economic transactions shall apply.
Individual work and tests
Accounting task • Final test
3.Justify the choice of accounting policy in accordance with the requirements of regulatory enactments.
Individual work and tests
Calculation of financial results and preparation of financial statements
Assessment
Individual work
|
Title
|
% from total grade
|
Grade
|
|---|---|---|
|
1.
Business environment analysis |
25.00% from total grade
|
10 points
|
|
Job description: The student analyses business statistics, learns innovative business types, evaluates the business environment. Conditions of performance: The work shall be individually developed using theoretical material, statistical data and other reliable sources of information acquired in the study course. The analysis should use relevant data, assess the business environment and justify the conclusions reached. The work shall be prepared in accordance with the design requirements specified in the study course and submitted within the specified time period. Assessment parameters and criteria: Assess the quality of analysis of business statistics by determining whether adequate and correct data have been used, whether the analysis has been made in a logical manner and the conclusions are reasonable. Assess the assessment of the business environment by determining whether it is factually based, reasoned and consistent with the situation analysed. Evaluate the characteristics of innovative business types by determining whether they are correct and based on examples. The accuracy of the use of professional terminology, the structure of the work and the conformity of the design with the requirements of the study course shall also be evaluated. |
||
|
2.
Accounting task |
25.00% from total grade
|
10 points
|
|
Job description: The student acquires the theoretical accounting material and records economic operations using the double entry principle. Conditions of performance: The work shall be performed individually in solving practical tasks in accordance with the basic accounting principles acquired in the study course. When performing tasks, the dual entry principle shall be respected and appropriate professional terminology shall be used. The work shall be submitted within the specified time period. Valuation parameters and criteria: assess the quality of the accounting of economic operations by determining whether all entries were made correctly and in accordance with basic accounting principles. Evaluates the application of the double entry by determining whether debit and credit entries have been made correctly and without material errors. Evaluate the use of theoretical knowledge in solving practical tasks, accuracy of calculations, correctness of the use of professional terminology and conformity of the work design with the specified requirements. |
||
|
3.
Calculation of financial results and preparation of financial statements |
30.00% from total grade
|
10 points
|
|
Job description: The student shall determine the financial result of the economic activity of the undertaking, calculate the depreciation and remuneration of fixed assets, as well as prepare the balance sheet and profit or loss account. Conditions of performance: The work shall be performed individually using the calculation methods and basic accounting principles acquired in the study course. Calculations and financial statements shall be prepared on the basis of the data given, taking into account the accounting requirements in force. The work shall be submitted within the specified time period. Valuation parameters and criteria: assess the quality of the calculation of an entity’s financial result by determining whether the calculations are correct and consistent with the given data. Assess the preparation of the balance sheet and profit or loss account by determining whether the accounts are drawn up in accordance with accounting requirements and without material errors. The accuracy of the depreciation and wage calculations of fixed assets, correctness of the use of professional terminology, structure of work and conformity of design with the specified requirements shall be evaluated. |
||
Examination
|
Title
|
% from total grade
|
Grade
|
|---|---|---|
|
1.
Final test |
20.00% from total grade
|
10 points
|
|
Job Description: The student solves theoretical and practical tasks in writing on business and accounting issues, demonstrating the ability to use the knowledge acquired in the study course to solve practical situations. Execution Conditions: The test is to be completed individually within the time set in the study course. It includes theoretical questions and practical tasks on business and accounting. Evaluation Parameters and Criteria: Evaluates the use of theoretical knowledge by determining whether the answers are correct, complete, and correspond to the course content. Assesses the quality of practical task completion by checking if calculations are done correctly, accounting principles are correctly applied, and solutions are well-founded. Evaluates the accuracy of the use of professional terminology and the ability to soundly justify the chosen solutions. |
||
Study Course Theme Plan
FULL-TIME
Part 1
-
Lecture
|
Modality
|
Location
|
Contact hours
|
|---|---|---|
|
On site
|
Auditorium
|
2
|
Topics
|
Nature of business – historical development and main terms.
Description
Business development, its role in the economy and society, as well as key business concepts and fundamentals are discussed. |
-
Lecture
|
Modality
|
Location
|
Contact hours
|
|---|---|---|
|
On site
|
Auditorium
|
2
|
Topics
|
Business forms. Legal and organisational issues of establishing a business.
Description
The organisational legal forms of the business, the start-up process of the company and the main requirements of the laws and regulations for the start-up of the business are described. |
-
Lecture
|
Modality
|
Location
|
Contact hours
|
|---|---|---|
|
On site
|
Auditorium
|
2
|
Topics
|
Types of financing business.
Description
The sources of business financing, their advantages and constraints, as well as the basic principles of choice of funding are all considered. |
-
Lecture
|
Modality
|
Location
|
Contact hours
|
|---|---|---|
|
On site
|
Auditorium
|
2
|
Topics
|
Life cycle of a business.
Description
Analyses the stages of the company’s development and describes the main challenges and challenges at each stage of the business lifecycle. |
-
Lecture
|
Modality
|
Location
|
Contact hours
|
|---|---|---|
|
On site
|
Auditorium
|
2
|
Topics
|
Assessment of business environment.
Description
Internal and external factors affecting the business environment and their role in the operation and development of the company are analysed. |
-
Lecture
|
Modality
|
Location
|
Contact hours
|
|---|---|---|
|
On site
|
Auditorium
|
2
|
Topics
|
Accounting, its tasks and basic principles.
Description
The nature, tasks and basic principles of accounting and the role of accounting in the accounting of an undertaking’s economic activity are described. |
-
Lecture
|
Modality
|
Location
|
Contact hours
|
|---|---|---|
|
On site
|
Auditorium
|
2
|
Topics
|
Accounting, its tasks and basic principles.
Description
The nature, tasks and basic principles of accounting and the role of accounting in the accounting of an undertaking’s economic activity are described. |
-
Lecture
|
Modality
|
Location
|
Contact hours
|
|---|---|---|
|
On site
|
Auditorium
|
2
|
Topics
|
Basic accounting keeping and organisation requirements.
Description
The accounting organisation requirements, accounting documents and the regulatory framework for ensuring accounting are considered. |
-
Lecture
|
Modality
|
Location
|
Contact hours
|
|---|---|---|
|
On site
|
Auditorium
|
2
|
Topics
|
Basic accounting keeping and organisation requirements.
Description
The accounting organisation requirements, accounting documents and the regulatory framework for ensuring accounting are considered. |
-
Lecture
|
Modality
|
Location
|
Contact hours
|
|---|---|---|
|
On site
|
Auditorium
|
2
|
Topics
|
Concept of accounts.
Description
The nature, structure and role of the accounting account in the accounting of economic transactions is explained. |
-
Lecture
|
Modality
|
Location
|
Contact hours
|
|---|---|---|
|
On site
|
Auditorium
|
2
|
Topics
|
Chart of accounts.
Description
The structure of the chart of accounts and the principles for the use of accounts for the accounting of economic transactions are described. |
-
Class/Seminar
|
Modality
|
Location
|
Contact hours
|
|---|---|---|
|
On site
|
Auditorium
|
2
|
Topics
|
Determination of the financial result of the economic activity of the company.
Description
A look at the company’s revenue, expenses and principles for determining financial outcomes, as well as the nature of the profit or loss account. |
-
Class/Seminar
|
Modality
|
Location
|
Contact hours
|
|---|---|---|
|
On site
|
Auditorium
|
2
|
Topics
|
Accounting for long-term investments.
Description
The accounting of long-term investments, their valuation and the basic principles for calculating depreciation are considered. |
-
Lecture
|
Modality
|
Location
|
Contact hours
|
|---|---|---|
|
On site
|
Auditorium
|
2
|
Topics
|
Accounting for current assets.
Description
Inventory, cash and accounts receivable are described, as are the basic principles for accounting of current assets. |
-
Lecture
|
Modality
|
Location
|
Contact hours
|
|---|---|---|
|
On site
|
Auditorium
|
2
|
Topics
|
Accounting for equity.
Description
The accounting of equity, its composition and the accounting of changes in the company’s accounting are considered. |
-
Lecture
|
Modality
|
Location
|
Contact hours
|
|---|---|---|
|
On site
|
Auditorium
|
2
|
Topics
|
Accounting for creditors.
Description
The accounting of accounts payable and the presentation of liabilities in accounting are described. |
-
Class/Seminar
|
Modality
|
Location
|
Contact hours
|
|---|---|---|
|
On site
|
Auditorium
|
2
|
Topics
|
Wage settlements and deductions.
Description
Consideration is given to the principles of wage calculation, the calculation and accounting of taxes and other deductions. |
-
Lecture
|
Modality
|
Location
|
Contact hours
|
|---|---|---|
|
On site
|
Auditorium
|
2
|
Topics
|
Drawing up an annual report.
Description
The basic principles of the preparation of the annual report, its composition and its role in the presentation of the company’s financial information are discussed. |
Total ECTS (Creditpoints):
3.00
Contact hours:
36 Academic Hours
Final Examination:
Exam
PART-TIME
Part 1
-
Lecture
|
Modality
|
Location
|
Contact hours
|
|---|---|---|
|
On site
|
Auditorium
|
2
|
Topics
|
Nature of business – historical development and main terms.
Description
Business development, its role in the economy and society, as well as key business concepts and fundamentals are discussed. |
-
Class/Seminar
|
Modality
|
Location
|
Contact hours
|
|---|---|---|
|
On site
|
Auditorium
|
2
|
Topics
|
Business forms. Legal and organisational issues of establishing a business.
Description
The organisational legal forms of the business, the start-up process of the company and the main requirements of the laws and regulations for the start-up of the business are described. |
-
Lecture
|
Modality
|
Location
|
Contact hours
|
|---|---|---|
|
On site
|
Auditorium
|
2
|
Topics
|
Types of financing business.
Description
The sources of business financing, their advantages and constraints, as well as the basic principles of choice of funding are all considered. |
|
Life cycle of a business.
Description
Analyses the stages of the company’s development and describes the main challenges and challenges at each stage of the business lifecycle. |
|
Assessment of business environment.
Description
Internal and external factors affecting the business environment and their role in the operation and development of the company are analysed. |
-
Class/Seminar
|
Modality
|
Location
|
Contact hours
|
|---|---|---|
|
On site
|
Auditorium
|
2
|
Topics
|
Accounting, its tasks and basic principles.
Description
The nature, tasks and basic principles of accounting and the role of accounting in the accounting of an undertaking’s economic activity are described. |
|
Basic accounting keeping and organisation requirements.
Description
The accounting organisation requirements, accounting documents and the regulatory framework for ensuring accounting are considered. |
-
Lecture
|
Modality
|
Location
|
Contact hours
|
|---|---|---|
|
On site
|
Auditorium
|
2
|
Topics
|
Concept of accounts.
Description
The nature, structure and role of the accounting account in the accounting of economic transactions is explained. |
-
Lecture
|
Modality
|
Location
|
Contact hours
|
|---|---|---|
|
On site
|
Auditorium
|
2
|
Topics
|
Chart of accounts.
Description
The structure of the chart of accounts and the principles for the use of accounts for the accounting of economic transactions are described. |
-
Class/Seminar
|
Modality
|
Location
|
Contact hours
|
|---|---|---|
|
On site
|
Auditorium
|
2
|
Topics
|
Determination of the financial result of the economic activity of the company.
Description
A look at the company’s revenue, expenses and principles for determining financial outcomes, as well as the nature of the profit or loss account. |
|
Accounting for long-term investments.
Description
The accounting of long-term investments, their valuation and the basic principles for calculating depreciation are considered. |
-
Lecture
|
Modality
|
Location
|
Contact hours
|
|---|---|---|
|
On site
|
Auditorium
|
2
|
Topics
|
Accounting for current assets.
Description
Inventory, cash and accounts receivable are described, as are the basic principles for accounting of current assets. |
-
Lecture
|
Modality
|
Location
|
Contact hours
|
|---|---|---|
|
On site
|
Auditorium
|
2
|
Topics
|
Accounting for equity.
Description
The accounting of equity, its composition and the accounting of changes in the company’s accounting are considered. |
-
Lecture
|
Modality
|
Location
|
Contact hours
|
|---|---|---|
|
On site
|
Auditorium
|
2
|
Topics
|
Accounting for creditors.
Description
The accounting of accounts payable and the presentation of liabilities in accounting are described. |
-
Class/Seminar
|
Modality
|
Location
|
Contact hours
|
|---|---|---|
|
On site
|
Auditorium
|
2
|
Topics
|
Wage settlements and deductions.
Description
Consideration is given to the principles of wage calculation, the calculation and accounting of taxes and other deductions. |
-
Lecture
|
Modality
|
Location
|
Contact hours
|
|---|---|---|
|
On site
|
Auditorium
|
2
|
Topics
|
Drawing up an annual report.
Description
The basic principles of the preparation of the annual report, its composition and its role in the presentation of the company’s financial information are discussed. |
Total ECTS (Creditpoints):
3.00
Contact hours:
24 Academic Hours
Final Examination:
Exam
Bibliography
Required Reading
1.
Diderihs, H. (2000). Uzņēmumu ekonomika. Rīga: Zinātne. (akceptējams izdevums)
2.
Forands, I. (2009). Biznesa vadības tehnoloģijas. Rīga, Latvijas Izglītības fonds. (akceptējams izdevums)
3.
Hofs, K., G. (2019). Biznesa ekonomika. Rīga, J.Rozes apgāds.
4.
Kotlers, F. (2006). Mārketinga pamati. Rīga, Jumava. (akceptējams izdevums)
5.
Neilande, J. (2013). Komersanta ABC. Rīga, Zvaigzne ABC. (akceptējams izdevums)
6.
Praude, V., & Šalkovska, J. (2015). Integrētā mārketinga komunikācija. Rīga, Vaidelote.
7.
Darba likums.
8.
Grāmatvedības likums.
9.
Gada pārskatu un konsolidēto gada pārskatu likums
10.
Ministru kabineta 2021. gada 21. decembra noteikumi Nr. 877 "Grāmatvedības kārtošanas noteikumi".
11.
Ministru kabineta 2015. gada 22. decembra noteikumi Nr. 775 "Gada pārskatu un konsolidēto gada pārskatu likuma piemērošanas noteikumi".
12.
Ministru kabineta 2021. gada 14. septembra noteikumi Nr. 625 "Prasības kases ieņēmumu un kases izdevumu attaisnojuma dokumentiem un kases grāmatas kārtošanai".
Additional Reading
1.
Grandāne, M., Martemjanova, E., Mārāne, I., Mežaraupe, V., & Soopa, A. (2004). Finanšu grāmatvedība: Studiju līdzeklis. Rīga, RaKa, 169lpp.
2.
Grigorjeva, R., Jesemčika, A., Leibus, I., & Svarinska, A. (2006). Grāmatvedības pamat. Rīga, Latvijas Uzņēmējdarbības un menedžmenta akadēmija, 100lpp.
3.
Grebenko, M. (2013). Darba un atpūtas laika uzskaite un apmaksa. Rīga, Latvijas Brīvo arodbiedrību savienība, 99lpp.
4.
Ministru kabineta 2010. gada 12. oktobra noteikumi Nr. 969 "Kārtība, kādā atlīdzināmi ar komandējumiem saistītie izdevumi".
5.
Rurāne, M. (1997). Uzņēmuma finansu vadība. Rīga, Turības Studiju centrs.
6.
Ministru kabineta 2007. gada 10. aprīļa noteikumi Nr. 237 "Skaidrā naudā veikto darījumu deklarēšanas noteikumi".
7.
Tīse, L. (2017). Grāmatvedība. Rīga: RTU, 87lpp.