Skip to main content

Cost and profitability accounting (5 cr)

Code: MR00AF05-3008

General information


Enrollment

15.08.2020 - 04.09.2020

Timing

31.08.2020 - 25.10.2020

Number of ECTS credits allocated

5 op

Virtual portion

5 op

Mode of delivery

Distance learning

Campus

Ecampus

Teaching languages

  • Finnish

Degree programmes

  • Degree Programme in Tourism and Service Business

Teachers

  • Tiina Tuovinen

Teacher in charge

Tiina Tuovinen

Groups

  • MRKT19SV
    Tourism and service business, online studies
  • MRMI19SV

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?

Evaluation scale

1-5

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