Management accounting (5 cr)
Code: LY00DT59-3039
General information
Enrollment
06.11.2023 - 17.11.2023
Timing
08.01.2024 - 31.05.2024
Number of ECTS credits allocated
5 op
Virtual portion
2 op
Mode of delivery
60 % Contact teaching, 40 % Distance learning
Unit
Liiketalouden koulutusyksikkö
Campus
Kouvola Campus
Teaching languages
- Finnish
Seats
20 - 60
Degree programmes
- Degree Programme in Business Management
Teachers
- Riitta Vento
Teacher in charge
Riitta Vento
Groups
-
LTKV23KM4Business, part-time studies
-
LTKV23KM5Business, part-time studies
-
LTKV23KM3Business, part-time studies
-
LTKV23KM2Business, part-time studies
Objective
You demonstrate your understanding of the basics of management accounting.
You are able to evaluate the profitability of an enterprise.
You are able to apply the most common price setting methods.
You demonstrate your understanding of the basics of budgeting.
Content
What is the role of management accounting in decision making?
How to categorise the revenues and costs of an enterprise?
How to apply the cost-volume-profit analysis when evaluating the profitability of an enterprise?
How does the price setting affect the profitability of an enterprise?
What is the role of budgeting in financial planning?
Materials
Studies related to cost accounting.
Evaluation scale
1-5
Qualifications
Business and financial mathematics, or equivalent knowledge