Management accounting (5 cr)
Code: LY00DT59-3009
General information
Enrollment
12.04.2021 - 25.04.2021
Timing
30.08.2021 - 14.11.2021
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 - 60
Degree programmes
- Degree Programme in Business Management
Teachers
- Marita Kankaanranta
Teacher in charge
Marita Kankaanranta
Groups
-
LTKV20SP2Business, full-time studies
-
LTKV20SP1Business, 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