Management accountingLaajuus (5 cr)

Objective

You are familiar with the basics of management accounting.
You can evaluate the profitability of an enterprise.
You can apply the most common price setting methods.
You are familiar with the basics of investments and budgeting.

Content

What is the role of management accounting in decision making?
How to categorize the revenues and costs of an enterprise?
How to apply the cost-volume-profit analysis when evaluating the profitability of an enterprise?
How does the price setting affect the profitability of an enterprise?
What is the role of investments and budgeting in financial planning?

Accomplishment methods

Students can

a. systematically use professional vocabulary related to management accounting.

c. identify interrelated tasks.

e. use the key methods and techniques of management accounting field.