Financial managementLaajuus (5 cr)

Objective

You familiarize yourself with the role of financial information in the decision-making of a company.
You can interpret the reports and ratios of financial statements.
You can find out the factors which affect profitability and utilize this information in decision-making.
You understand the meaning of economic responsibility.

Content

A responsible company maintains its profitability and competitiveness in order to be vital in the long term. Stable finances also provide a basis for achieving social and ecological responsibility in business.
What is the role of financial information in the decision-making of a company?
How can the reports and ratios of financial statements be utilized in the financial management of a company?
How to utilize the cost-volume-profit analysis when evaluating, planning and developing the profitability of a company?
How to specify the costs for a product produced or service provided?
How to take the economic responsibility into account when reporting the financial information of a company?

Further information

This course is a copy of the course KL00ES16 Financial management.

Accomplishment methods

a. You are able to find, study, produce and evaluate critically multidisciplinary data in financial management
e. You are able to evaluate different strategic approaches and justify their use in terms of management and development.