Management accountingLaajuus (5 cr)

Objective

You demonstrate your 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 your understanding of the basics of 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 budgeting in financial planning?

Qualifications

Business and financial mathematics, or equivalent knowledge

Materials

Studies related to cost accounting.

Further information

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Accomplishment methods

Students can
- use professional vocabulary systematically
- identify interrelated tasks
- use the key models, methods, software and technologies of the professional field