Profitability and financial planningLaajuus (5 cr)

Objective

You can understand the basics of financial accounting and how it affects on decision making.
You are able to evaluate the profitability of an enterprise.
You can apply the most common price setting methods.
You are able to understand the basics of investments and budgeting.

Content

What is the role of the financial 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 on the profitability of an enterprise?What is the role of investments and budgeting in financial planning?