Study Guide

Objective

You are able to take into account the financial goals of a service enterprise and act accordingly from the leadership point of view.
You are able to interpret financial information.
You are able to utilize financial information in management decision making.
You are able to apply the most common price setting methods.

Content

How can the profitability of a service enterprise be affected?
How does the price setting affect the profitability of an enterprise?
What do financial statements indicate about the financial situation of a service enterprise?
What kind of key ratios and indicators can be used in analyzing the economic situation of a service enterprise?
What kind of calculations can be used in decision making?

Materials

- Bettner Mark S: Using Accounting and Financial Information, 2014. (The book is available as an e-book from the XAMK’s Kaakkuri Library.)
- Texts and articles compiled by the teacher
- Three sets of PP-slides related to the book Elliott-Elliott: Financial Accounting and Reporting. (Book is not mandatory). PP-Slides can be found on the Learn website.

More information about the course's Learn pages.

Teaching methods

Book and other materials, exams and assignments. Contact events in Teams.

Employer connections

The course does not include guided working life cooperation.

Exam schedules

10.1.2022 Course starts
10.1.2022 18.00-19.00 (6-7 pm) and 13.1.2022 16.00-17.00: Teams-meetings. Voluntary course start meeting, come to one or the other if you can and do. Let's go through the course and its assignments. There is no actual lesson in the meeting.

13.2.2022 Return Assignment A (Part 1).
13.3.2022 Return Assignment B (Part 2).
24.1. - 24.4.2022 Exam "Book" (Part 3). Take the exam optionally during this time period.
11.1.-10.4.2022 Exam "Texts" (Part 4). Take the exam optionally during this time period.
31.5.2022 Course ends.

International connections

The course does not include guided international cooperation.

Student workload

135 hours.

Content scheduling

Completing the course is based on collecting points from separate exams and assignments. Separate passing of each exam/assignment is not required.

More information from course's Learn website.

Further information

More information from course's Learn website.

Evaluation scale

1-5

Assessment methods and criteria

Completing the course is based on collecting points from separate exams and assignments. Separate passing of each exam or assignment is not required.

GRADING SCALE:
100 - 89 points = 5
88 - 79 points = 4
78 - 65 points = 3
64 - 53 points = 2
52 - 41 points = 1
40 - 00 points = Failed

More information from course's Learn website.

Qualifications

The knowledge of the basics in accounting and leadership is recommended.