Cost and profitability accounting (5 cr)
Code: MR00AF05-3004
General information
Enrollment
02.01.2019 - 14.01.2019
Timing
07.01.2019 - 31.05.2019
Number of ECTS credits allocated
5 op
Virtual portion
3 op
Mode of delivery
40 % Contact teaching, 60 % Distance learning
Campus
Mikkeli Campus
Teaching languages
- Finnish
Degree programmes
- Degree Programme in Tourism and Service Business
Teachers
- Tiina Tuovinen
Teacher in charge
Tiina Tuovinen
Groups
-
MRMI18KP
Objective
You show familiarity with cost accounting methods and profitability accounting. You practice calculating product and service costs, profitability and pricing. You understand the meaning of financial planning and budgeting for a profit centre. You are able to read and follow a budget and are able to draw up a budget for a small business.
Content
What are the methods for cost and profitability accounting? How do you find out the product and service costs and profitability? How do you make different kinds of product calculations and profitability and cost accountings? What is the meaning of budgeting for an enterprise? How do you read and follow a budget, and how do you draw up a budget?
Assessment criteria, good (3)
Students can a. use professional vocabulary systematically. b. look for information in the key information sources of the field. c. identify interrelated tasks. e. use the key models, methods, software and techniques of the professional field.
Qualifications
No prerequisites