Cost accountingLaajuus (5 cr)

Objective

You understand the basics of management accounting.
You are able to evaluate the profitability of an enterprise.
You are able to apply the most common price setting methods.
You understand the basics of budgeting.

Content

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

Accomplishment methods

Students can
a. use professional vocabulary systematically
c. identify interrelated tasks
e. use the key models, methods, software and technologies of the professional field