{"id":7077,"date":"2024-03-14T11:43:45","date_gmt":"2024-03-14T13:43:45","guid":{"rendered":"https:\/\/www.kaunokolegija.lt\/en\/?page_id=7077"},"modified":"2025-04-18T04:29:16","modified_gmt":"2025-04-18T06:29:16","slug":"accounting-and-finance-autumn","status":"publish","type":"page","link":"https:\/\/www.kaunokolegija.lt\/en\/exchange-studies-in-english\/accounting-and-finance-autumn\/","title":{"rendered":"Accounting and Finance"},"content":{"rendered":"
[vc_row][vc_column][vc_column_text]<\/p>\n
Accounting and Finance<\/strong> Study Course<\/strong><\/p>\nStudy Subjects Delivered in English (Autumn semester)<\/strong><\/p>\nThe course is designed for undergraduate students who study full time or come on exchange programmes to the Faculty of Business. Exchange students have to choose complete core <\/strong>subjects in Accounting and finance and free electives <\/strong>according to the needs of their study plans.[\/vc_column_text][vc_tta_accordion c_icon=”chevron” active_section=”999″ collapsible_all=”true”][vc_tta_section title=”Taxes” tab_id=”1615903441309-b244cc46-cbd1″][vc_column_text css=””]<\/p>\n\n\n\nECTS credits<\/strong><\/span><\/td>\n\u00a0<\/strong><\/span><\/p>\n Assessment system<\/strong><\/span><\/p>\n\u00a0<\/strong><\/span><\/td>\nAnnotation<\/strong><\/span><\/td>\nCourse content<\/strong><\/span><\/td>\nResponsible lecturers<\/strong><\/span><\/td>\n<\/tr>\n\n6<\/span><\/td>\n | 20% \u2013 Mid-semester test; <\/span> \n30% \u2013 Self-study; <\/span> \n50% \u2013 Examination.<\/span><\/td>\n | The aim of the study subject is to provide knowledge and develop skills required to calculate, pay, and declare business taxes as well as evaluate the effect of taxes and tax system on financial results of economic subjects under changing circumstances. The subject helps to understand the significance of the formation of Lithuanian and European Union tax systems, taxation principles and functions, and tax administration institutions. The course teaches calculating taxes on income, profit, domestic goods and services, property, pollution, etc.<\/span><\/td>\n | Essence and significance of taxes and tax system; <\/span> \nTax types, functions, elements; <\/span> \nTaxation principles, tax cap, tax burden; <\/span> \nTutorial. Preparation for self-study work; <\/span> \nEuropean Union tax policy. Applied taxes in the European union; <\/span> \nEnvironmental taxes (types, significance); <\/span> \nPollution tax accounting in the European Union; <\/span> \nMid-semester test; <\/span> \nPublic presentation of the self-study project; <\/span> \nTaxes on goods and services: VAT calculation methods; <\/span> \nCalculating excise and customs duties; <\/span> \nExamination.<\/span><\/td>\n | Lect. Irma Juodien\u0117<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n [\/vc_column_text][\/vc_tta_section][vc_tta_section title=”Accounting Basics” tab_id=”1701849268450-21c1fe5e-0150″][vc_column_text css=””]<\/p>\n \n\n\nECTS credits<\/strong><\/span><\/td>\n\u00a0<\/strong><\/span><\/p>\n Assessment system<\/strong><\/span><\/p>\n\u00a0<\/strong><\/span><\/td>\nAnnotation<\/strong><\/span><\/td>\nCourse content<\/strong><\/span><\/td>\nResponsible lecturers<\/strong><\/span><\/td>\n<\/tr>\n\n6<\/span><\/td>\n | 20% \u2013 Mid-semester test; 30% \u2013 Individual work; 50% \u2013 Examination.<\/span><\/td>\n | The activities of an economic entity consist of various events and transactions that must be accurately recorded in the accounting system to determine their impact on the entity\u2019s financial condition. Properly classifying and summarizing the recorded transactions leads to the <\/span> \npreparation of a set of financial statements, which provides information about the entity’s assets, ownership, financial performance, and economic situation.<\/span> \nThe aim of the course is to provide students with the necessary theoretical knowledge and practical skills to accurately record, classify, and summarize business transactions, as well as to prepare a complete set of financial statements.<\/span><\/td>\n | \u00a0The Concept and Regulation of Accounting;<\/span> \nReflection of a Company\u2019s Economic Position in Financial Reporting;<\/span> \nRecording Changes in Financial Condition in Accounting;<\/span> \nMid-semester test;<\/span> \nFundamentals of Financial Accounting;<\/span> \nPreparation of Financial Statements;<\/span> \nExamination.<\/span><\/td>\n | Lect. Jevgenija Furgas\u0117<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n [\/vc_column_text][\/vc_tta_section][vc_tta_section title=”Financial Accounting” tab_id=”1701849289936-e9e6a635-4f2d”][vc_column_text]<\/p>\n \n\n\nECTS credits<\/strong><\/td>\n\u00a0<\/strong><\/p>\n Assessment system<\/strong><\/p>\n\u00a0<\/strong><\/td>\nAnnotation<\/strong><\/td>\nCourse content<\/strong><\/td>\nResponsible lecturers<\/strong><\/td>\n<\/tr>\n\n5<\/span><\/td>\n | 20% \u2013 Mid-semester test;<\/span> \n30% \u2013 Self-study;<\/span> \n50% \u2013 Examination.<\/span><\/td>\n | The aim of the course is to provide students with basic knowledge and practical skills applicable modern information and computer technologies to improve finance and accounting. While studying this subject, the electronic documents, automation of accounting processes, the role of financial technology companies in accounting, the processes of smart tax system, artificial intelligence in accounting is discussed. Students will be able to evaluate the accounting systems, to make suggestion to improve accounting processes using digital accounting.<\/span><\/td>\n | Financial accounting concept and principles;<\/span> \nFixed asset accounting;<\/span> \nCurrent assets accounting;<\/span> \nTutorial. Preparation for self-study work;<\/span> \nMid-semester test;<\/span> \nEquity and liabilities accounting;<\/span> \nIncome and expense accounting;<\/span> \nPublic presentation of the self-study project;<\/span> \nFinancial Statements;<\/span> \nExamination.<\/span><\/td>\n | Lect. Indr\u0117 Knyvien\u0117<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n [\/vc_column_text][\/vc_tta_section][vc_tta_section title=”Investment Management” tab_id=”1701849311728-682c37d9-992b”][vc_column_text]<\/p>\n \n\n\nECTS credits<\/strong><\/td>\n\u00a0<\/strong><\/p>\n Assessment system<\/strong><\/p>\n\u00a0<\/strong><\/td>\nAnnotation<\/strong><\/td>\nCourse content<\/strong><\/td>\nResponsible lecturers<\/strong><\/td>\n<\/tr>\n\n5<\/span><\/td>\n | 50% \u2013 Mid-semester tests;<\/span> \n50% \u2013 Exam.<\/span><\/td>\n | Even if the individual does not select specific assets such as the stock of gov-ernment bonds, investments are still made through participation in pension plans and employee savings programs or through the purchase of whole-life insurance or a home. Each of these investments has common characteristics, such as the potential return and the risk you must bear. The future is uncertain, and you must determine how much risk you are willing to bear, since a higher return is associated with accepting more risk. A primary aim of this course is to make investing less difficult by explaining the terms, by elucidating the possible alternatives, and by discussing some of the techniques professionals use to value assets and to construct portfolios. Although this course cannot show you a shortcut to financial wealth, it can reduce your chances of making uninformed investment decisions.<\/span><\/td>\n | Investment Management. Concepts;<\/span> \nTime value of Money;<\/span> \nInvesting in Common Stock;<\/span> \nMid-term quiz;<\/span> \nThe value of enterprise;<\/span> \nThe valuation of Fixed-income Securities;<\/span> \nGovernment Securities. Risk;<\/span> \nInvesting in Gold;<\/span> \nInvesting in Real Estate.<\/span><\/td>\n | PhD Algirdas Justinas Staugaitis<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n [\/vc_column_text][\/vc_tta_section][vc_tta_section title=”Management Accounting” tab_id=”1744957599156-f4c19bca-f970″][vc_column_text]<\/p>\n \n\n\nECTS credits<\/strong><\/td>\n\u00a0<\/strong><\/p>\n Assessment system<\/strong><\/p>\n\u00a0<\/strong><\/td>\nAnnotation<\/strong><\/td>\nCourse content<\/strong><\/td>\nResponsible lecturers<\/strong><\/td>\n<\/tr>\n\n5<\/td>\n | 20 % \u2013 Intermediate assessment; \n30 % \u2013 Self-study; \n50 % \u2013 Examination.<\/td>\n | The aim of the course is to broaden and deepen students\u2019 knowledge and practical skills in management accounting necessary for successful operations in a global business environment. It helps students to understand the principles of management accounting and the methods of determining cost in a financial accounting system. Students learn about the areas of use of cost information and consolidate their knowledge of budgets and budgeting principles. Students are able to work in a team, strengthen communication skills, identify problems, justify solutions and plan ways of implementation through practical activities and self-study assignments.<\/td>\n | Management accounting policy; Costs and their classification; Accounting of production; Product costing system; Cost-volume-profit analysis; Pricing solutions; Corporate budget system<\/td>\n | Lect. Indr\u0117 Knyvien\u0117<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n [\/vc_column_text][\/vc_tta_section][\/vc_tta_accordion][vc_column_text]Free Electives:<\/strong>[\/vc_column_text][vc_column_text]<\/p>\n <\/p>\n [\/vc_column_text][vc_tta_accordion][vc_tta_section title=”Intercultural Communication” tab_id=”1701848305916-96aa6fc2-5e11″][vc_column_text]<\/p>\n \n\n\nECTS credits<\/strong><\/td>\n\u00a0<\/strong><\/p>\n Assessment system<\/strong><\/p>\n\u00a0<\/strong><\/td>\nAnnotation<\/strong><\/td>\nCourse content<\/strong><\/td>\nResponsible lecturers<\/strong><\/td>\n<\/tr>\n\n3<\/span><\/td>\n | Exam<\/span><\/td>\n | After completing this course, students will be able to understand and realize the importance of Intercultural Communication in a global world, to understand basic communication process, models, types and principles, to understand the concept of culture and its influence in both verbal and non-verbal communication, to understand and identify the intercultural situations, to understand intercultural relationships, to realize and understand the importance of intercultural communication in business, to understand the barriers to effective intercultural communication, and gain knowledge about other cultures.<\/span><\/td>\n | Essence of communication process and its models; Verbal and Non-verbal Communication; Basics of business communication and its importance; Cultural Understanding; Cultural Differences In Communication; Intercultural Communication in Business; Intercultural sensitivity & Communication; Communication and Intercultural Competence; Communicating in Intercultural relationships; Prevention of Conflicts in Intercultural Communication.<\/span><\/td>\n | Wilfred Tchasse<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n [\/vc_column_text][\/vc_tta_section][vc_tta_section title=”Social Responsibility” tab_id=”1701848305925-e87e7019-cb70″][vc_column_text]<\/p>\n \n\n\nECTS credits<\/strong><\/td>\n\u00a0<\/strong><\/p>\n Assessment system<\/strong><\/p>\n\u00a0<\/strong><\/td>\nAnnotation<\/strong><\/td>\nCourse content<\/strong><\/td>\nResponsible lecturers<\/strong><\/td>\n<\/tr>\n\n3<\/span><\/td>\n | 60% \u2013 Mid-semester tests; 40% \u2013 Case analysis (project)<\/span><\/td>\n | After completing this course, the student will be able to identify environmental issues, sustainable development, and social responsibility in society;<\/span><\/td>\n | Waste management; Sustainable Development Goals; Business Social Responsibility; Lithuania’s priority areas for sustainable Development; Sustainability;\u00a0<\/span><\/td>\n | Gintar\u0117 \u017dilinskien\u0117<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n [\/vc_column_text][\/vc_tta_section][vc_tta_section title=”Leadership” tab_id=”1701848305934-bf52468b-2f1f”][vc_column_text]<\/p>\n \n\n\nECTS credits<\/strong><\/td>\n\u00a0<\/strong><\/p>\n Assessment system<\/strong><\/p>\n\u00a0<\/strong><\/td>\nAnnotation<\/strong><\/td>\nCourse content<\/strong><\/td>\nResponsible lecturers<\/strong><\/td>\n<\/tr>\n\n3<\/span><\/td>\n | 50% \u2013 Mid-semester tests; 50% \u2013 Case analysis (project)<\/span><\/td>\n | The aim of the study subject is introduce the students with the basic principles and differences of management and leadership. This subject is designed to help students to develop their personal leadership skills.The course provides theoretical basics of leadership: management and leadership of organizations, personal leadership effectiveness, the methods to get high performance in leading people and transformational results. The students would learn to inspire and lead others by understanding themselves, they would know how you relate to other people of the work team and the leadership challenges they might get.<\/span><\/td>\n | The concept of leadership. Leader\u2019s personality;<\/span> \nSkills for the efficient time use;<\/span> \nTypical leader\u2019s traits and personal qualities. Leader\u2019s behaviour;<\/span> \nDifferences of male and female leadership; Leaders\u2019 types using personal powers; Charismatic leadership. Machiavelism;<\/span> \nLeader\u2019s image and public speaking skills; Case analysis (project).<\/span><\/td>\n | Lect. Danguol\u0117 Kraskauskien\u0117<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n [\/vc_column_text][\/vc_tta_section][vc_tta_section title=”International Business law” tab_id=”1744957650628-e3c94284-9278″][vc_column_text css=””]<\/p>\n \n\n\nECTS credits<\/strong><\/span><\/td>\n\u00a0<\/strong><\/span><\/p>\n Assessment system<\/strong><\/span><\/p>\n\u00a0<\/strong><\/span><\/td>\nAnnotation<\/strong><\/span><\/td>\nCourse content<\/strong><\/span><\/td>\nResponsible lecturers<\/strong><\/span><\/td>\n<\/tr>\n\n3<\/span><\/td>\n | 50% \u2013 Mid-semester tests; 50% \u2013 Case analysis<\/span><\/td>\n | The aim of the study subject is to understand the nature of international trade, its characteristics and structure, policy forms and methods of the present conditions. The course discus changes in relevant legal science, globalization of business and legal environment (integrating articulation at the international, EU and national levels), to find and propose concrete solutions to complex international business situations, taking into account the latest theories of legal science and the requirements of professional legal ethics.<\/span><\/td>\n | Nature of international trade, its characteristics, definition of international trade law. Definition of European union law. Single market of EU. Free movement of goods. The convention of transport of goods. Convention on the International Sale of Goods (CISG).<\/span><\/td>\n | Lect. Vykintas Stumbrys<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n [\/vc_column_text][\/vc_tta_section][vc_tta_section title=”Professional English” tab_id=”1744957668101-63f623be-d120″][vc_column_text css=””]<\/p>\n \n\n\nECTS credits<\/strong><\/span><\/td>\n\u00a0<\/strong><\/span><\/p>\n Assessment system<\/strong><\/span><\/p>\n\u00a0<\/strong><\/span><\/td>\nAnnotation<\/strong><\/span><\/td>\nCourse content<\/strong><\/span><\/td>\nResponsible lecturers<\/strong><\/span><\/td>\n<\/tr>\n\n3<\/span><\/td>\n | 50% \u2013 Mid-semester tests; 50% \u2013 Exam<\/span><\/td>\n | The aim of the course is to develop students\u2019 ability to communicate in written and oral English by representing the company, preparing press releases, participating in press conferences and ensuring the internal communication of the company. Students will also improve their ability to understand the use of communicative English and the discourse of reading and listening to public relations. The course will help develop the ability to suggestively, reasonably discuss, present a verbal message, write a clear, logical, appropriate style of information text, use the terminology of public relations in English and specific vocabulary.<\/span><\/td>\n | Interviewing; Video Reportage; Writting a blog; Texts in Media; Writting a Press Release<\/span><\/td>\n | Simona Jankauskait\u0117<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n [\/vc_column_text][\/vc_tta_section][vc_tta_section title=”Project Management” tab_id=”1744957689644-21d8a325-3ec9″][vc_column_text css=””]<\/p>\n \n\n\nECTS credits<\/strong><\/span><\/td>\n\u00a0<\/strong><\/span><\/p>\n Assessment system<\/strong><\/span><\/p>\n\u00a0<\/strong><\/span><\/td>\n | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |