Budgeting and financial planning (5cr)
Course unit code: L80C510
General information
- Credits
- 5 cr
Objective
Students can demonstrate their know-how in the basic professional vocabulary related to financial planning, investments, financing and budgeting. Students can draw up a master budget of an enterprise. Students can make basic calculations related to investments, working capital and financing. Students know how to utilize digital technology in the financial planning and budgeting of an enterprise.
Content
How are a performance budget, a cash budget and a balance sheet forecast for a small and medium sized enterprise drawn up? What is the role of working capital in maintaining the operational activities of an enterprise? What is the importance of planning and implementation of investments and financing in financial planning? How can digital tools be utilised in financial planning and budgeting?
Evaluation
a. Osaat käyttää johdonmukaisesti talouden suunnitteluun liittyviä ammattikäsitteitä.
c. Osaat hahmottaa tehtäväkokonaisuuksia.
e. Osaat soveltaa alan menetelmiä ja tekniikoita sekä perustella niiden käyttöä.
Qualifications
Basic knowledge of how to draw up financial statements of an enterprise required.