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Budgeting and cost management (5 cr)

Code: LT00EB01-3001

General information


Enrollment
08.11.2021 - 21.11.2021
Registration for the implementation has ended.
Timing
07.03.2022 - 08.05.2022
Implementation has ended.
Number of ECTS credits allocated
5 cr
Local portion
5 cr
Mode of delivery
Contact learning
Unit
Liiketalouden koulutusyksikkö, Mikkeli (vanhennettu)
Campus
Mikkeli Campus
Teaching languages
Finnish
Seats
20 - 60
Degree programmes
Degree Programme in Business Management
Teachers
Kristiina Kinnunen
Teacher in charge
Kristiina Kinnunen
Groups
LTMI20SM
Business Management, part-time studies
Course
LT00EB01
No reservations found for realization LT00EB01-3001!

Objective

You show that you are familiar with the basics of cost accounting and budgeting.  
You can compute the costs for a good produced or service provided by applying different accounting methods. 
You can draw up the master budget of an enterprise.
You can apply budgeting in the decision making of an enterprise.

Content

How to categorize revenues and expenses of a small enterprise? 
How to apply different accounting methods when computing for a good produced or service provided?
What is the key terminology related to budgeting?
What does the budget system of an enterprise comprise of and how to draw up different types of budgets?
How to utilize budgeting when managing the business operations of an enterprise?

Course material

Laskentatoimi. Jormakka ym. (2021), Edita. Luvut 8 ja 9. (myös e-kirjana)
Kustannuslaskenta ja kannattavuusajattelu. Pellinen (2019), Alma Talent. Soveltuvin osin. (e-kirja)
Muu opintojakson aineisto.

Evaluation scale

1-5

Qualifications

Financial accounting and Management accounting

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