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Budgeting and cost management (5 cr)

Code: LT00EB01-3004

General information


Enrollment

06.11.2023 - 17.11.2023

Timing

15.01.2024 - 03.05.2024

Number of ECTS credits allocated

5 op

Virtual portion

5 op

Mode of delivery

Distance learning

Unit

Liiketalouden koulutusyksikkö

Campus

Ecampus

Teaching languages

  • Finnish

Seats

20 - 60

Degree programmes

  • Degree Programme in Business Management

Teachers

  • Kristiina Kinnunen

Teacher in charge

Kristiina Kinnunen

Groups

  • LTMI22SVB
    Business Management, online studies
  • LTMI22SM
    Business Management, part-time studies
  • LTMI22SVA
    Business Management, online studies

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?

Evaluation scale

1-5

Qualifications

Financial accounting and Management accounting