Management accounting (5 cr)
Code: LT00AB03-3006
General information
Enrollment
15.08.2019 - 30.08.2019
Timing
26.08.2019 - 15.11.2019
Number of ECTS credits allocated
5 op
Virtual portion
2 op
Mode of delivery
60 % Contact teaching, 40 % Distance learning
Campus
Kouvola Campus
Teaching languages
- Finnish
Seats
20 - 70
Degree programmes
- Degree Programme in Business Management
Teachers
- Marita Kankaanranta
Teacher in charge
Marita Kankaanranta
Groups
-
LTKV18SP1Business, full-time studies
-
LTKV18SP2Business, full-time studies
Objective
You demonstrate the 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 the understanding of the basics of investments and 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 investments and budgeting in financial planning?
Qualifications
Business and financial mathematics, or eqvivalent knowledge