Management accountingLaajuus (5 cr)

Objective

Students know the basics of management accounting. Students can compute costs for a good produced or service provided by applying different accounting methods. Students can evaluate the profitability of an enterprise based on the cost-volume-profit analysis. Students know how enterprises can utilize digital technology in cost accounting as well as in evaluating profitability.

Content

How is an income statement prepared and how are costs computed in different types of companies? How are costs for a good or service produced computed by using different accounting methods? How is the cost-volume-profit analysis used when evaluating the profitability of an enterprise? How can digital technology be utilized in cost accounting as well as in evaluating the profitability of an enterprise?

Qualifications

Attending the course requires financial accounting know-how and skills.

Assessment criteria, good (3)

a. Students can systematically use professional vocabulary related to management accounting. c. Students can identify interrelated tasks. e. Students can use the key methods and techniques of management accounting field.