Budgeting and cost management (5 cr)
Code: LT00CY43-3005
General information
Enrollment
16.12.2019 - 10.01.2020
Timing
13.01.2020 - 26.04.2020
Number of ECTS credits allocated
5 op
Mode of delivery
Contact teaching
Campus
Mikkeli Campus
Teaching languages
- Finnish
Seats
20 - 50
Degree programmes
- Degree Programme in Business Management
Teachers
- Kristiina Kinnunen
Teacher in charge
Kristiina Kinnunen
Groups
-
LTMI18SPABusiness Management, full-time studies
Objective
You show that you are familiar with the basics of cost accounting and budgeting.
You can compute costs for a good produced or service provided by applying different accounting methods.
You can draw up a master budget of an enterprise.
You can apply budgeting in decision making of an enterprise.
Content
How to categorize revenues and expenses of a small enterprise?
How to apply different accounting methods when computing the for a good produced or service provided?
What is the key terminology related to budgeting?
How does the budget system of an enterprise comprise of and how to draw up different types of budgets?
How to utilize budgeting when managing the business operations of an enterprise?
Evaluation scale
1-5
Qualifications
Financial accounting and Management accounting