Management accounting (5 cr)
Code: LY00DT59-3007
General information
Enrollment
12.04.2021 - 25.04.2021
Timing
30.08.2021 - 19.12.2021
Number of ECTS credits allocated
5 op
Mode of delivery
Contact teaching
Unit
Department of Logistics and Marine Technology
Campus
Kotka Campus
Teaching languages
- Finnish
Degree programmes
- Degree Programme in Business Logistics
Teachers
- Salla Vaahersalo
Teacher in charge
Salla Vaahersalo
Groups
-
LLKT20SPBusiness Logistics, full-time studies
Objective
You demonstrate your 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 your understanding of the basics of 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 budgeting in financial planning?
Evaluation scale
1-5
Qualifications
Business and financial mathematics, or equivalent knowledge