Profitability and financial managementLaajuus (5 cr)
Code: TU00FA42
Credits
5 op
Objective
You know the laws of business from a management accounting perspective.
You know the key methods of management accounting and can apply them to practical situations.
You are familiar with the basic principles of public procurement and related legislation.
Content
What is the role of internal accounting in a company's decision-making?
What are the revenues and costs of running an SME?
How is the profit margin calculation used to assess the profitability of a business?
What is the impact of pricing on profitability?
What is the role of budgeting in financial planning?
What are the objectives, concepts, principles and legislation of competitive tendering?