Management accounting (5 cr)
Code: IB00CP21-3001
General information
Enrollment
20.08.2018 - 07.09.2018
Timing
03.09.2018 - 30.12.2018
Number of ECTS credits allocated
5 op
Mode of delivery
Contact teaching
Campus
Kouvola Campus
Teaching languages
- English
Seats
12 - 40
Degree programmes
- Degree Programme in International Business
Teachers
- Jarmo Kulhelm
Teacher in charge
Jarmo Kulhelm
Groups
-
IBKV17SP1
-
IBKV17SP2
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 equivalent knowledge