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Financial accounting theory 7.5 credits

Second cycle, R7013N
Course syllabus valid: Autumn 2022 Sp 1 - Present
The version indicates the term and period for which this course syllabus is valid. The most recent version of the course syllabus is shown first.

Education level
Second cycle
Grade scale
U G VG *
Business Administration
Subject group (SCB)
Business Administration

Entry requirements

Completed courses of 120 credits, of which at least 90 credits in the subject area Business Administration, with at least the grade Pass. This must include the following courses: Financial accounting and international regulation (R0025N) 7,5 credits, Group accounting (R0020N) 7,5 credits, Accounting and Control (R0016N) 7,5 credits or Management control (R0001N) 7,5 credits, or equivalent knowledge.

More information about English language requirements


The selection is based on 20-285 credits

Course Aim
After completing the course the student should show deeper insights of the purposes of accounting, postulates and structure, and knowledge of laws, legislative history and recommendations in accounting. The student should further, based on theoretical assumptions, be able to identify, formulate and argue for contemporary problems and issues in accounting. The student should, based on various theoretical perspectives in the financial accounting field, be able to analyze and make conclusions about financial accounting information.

Various concepts and theoretical approaches and views in the financial accounting area are treated in the course. Here, the purposes of accounting, postulates and structure, and knowledge of laws, legislative history and recommendations in accounting are included. This serves as a base for understanding how financial accounting information is shaped, applied and used. Further, deepened discussions of theories in the financial accounting field are held and financial accounting information is critically analyzed.

Each course occasion´s language and form is stated and appear on the course page on Luleå University of Technology's website.
Lectures, tutorials and seminars.

If there is a decision on special educational support, in accordance with the Guideline Student's rights and obligations at Luleå University of Technology, an adapted or alternative form of examination can be provided.
Written final exam and written and oral examination of compulsory assignments in seminars. Student participation in seminars is mandatory. The course awards the grades pass with distinction (VG) pass (G) or fail (U).

Students must register for the courses themselves, or contact ETKS educational administration, not later than three days after the quarter commences. Failure to do so can result in the place being lost. This rule also applies to students with a guaranteed place. Due to similar content, the course can not be included in a degree together with the course R0011N or other courses with similar content.

Monika Kurkkio

Literature. Valid from Autumn 2015 Sp 1
Deegan, C. och Unerman, J. (2011), Financial Accounting Theory, second european edition, Berkshire Mc Graw Hill.
Literature might be added.

Course offered by
Department of Social Sciences, Technology and Arts

CodeDescriptionGrade scaleCrStatusFrom periodTitle
0001Written examU G VG *6.00MandatoryA14
0002Compulsory assignmentsU G#1.50MandatoryA14

Study guidance
Study guidance for the course is to be found in our learning platform Canvas before the course starts. Students applying for single subject courses get more information in the Welcome letter. You will find the learning platform via My LTU.

Syllabus established
by Director of Undergraduate Studies Bo Jonsson, Department of Business Administration, Technology and Social Sciences 14 Feb 2014

Last revised
by Director of Undergraduate Studies Daniel Örtqvist, Department of Social Sciences, Technology and Arts 11 Feb 2022