Management accounting (5 cr)

Objective

You demonstrate the 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 the understanding of the basics of investments and 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 investments and budgeting in financial planning?

Evaluation

You know how to
a.use professional vocabulary systematically
c.identify interrelated tasks
e. use the key models, methods, software and technologies of the professional field

Course material

Raija Jormakka - Kaija Koivusalo - Jaana Lappalainen - Mervi Niskanen: Laskentatoimi. Edita Publishing 2015. Moodlessa annettu lisäopiskelumateriaali ja harjoitukset.

Study forms and methods

Työviikkopohjainen oppimisväylä:
Lukujärjestykseen merkityt lähiopetuspäivät.

Timing of exams and assignments

Uusintatentit 6.5. ja 3.6.2019 ja lisäksi 23.9.2019 ja 16.12.2019.

Assessment methods and criteria

Tentti ja palautettavat harjoitukset.

Qualifications

Business and financial mathematics, or eqvivalent knowledge