Management accountingLaajuus (5 cr)
Course unit code: IB00CP21
General information
- Credits
- 5 cr
Objective
You demonstrate the understanding of 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 demonstrate the understanding of the basics of investments and budgeting.
Content
What is the role of management accounting in decision making?
How to categorise 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?
Qualifications
Business and financial mathematics, or equivalent knowledge
Materials
Studies related to cost accounting.
Evaluation
You know how to
a.use professional vocabulary systematically
c.identify interrelated tasks
e. use the key models, methods, software and technologies of the professional field