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Front Page > Current Education > Energy Technology (ET) > 2020 > Year 2 > Basics of Cost and Profitability Accounting (IKTP1123)

Basics of Cost and Profitability Accounting

Structure Type: Study unit
Code: IKTP1123
Curriculum: ET 2020
Level: Bachelor of Engineering
Year of Study: 2 (2021-2022)
Semester: Autumn
Credits: 5 cr
Responsible Teacher: Saarikoski, Lotta
Language of Instruction: Finnish

Courses During the Academic Year 2021-2022

Impl.Group(s)Study TimeTeacher(s)LanguageEnrolment
3003KT2020-2A, KT2020-2B, KT2020-2C, KT2020-2D2021-08-01 – 2021-12-31Lotta SaarikoskiFinnish2021-08-01 – 2021-09-06
3005ET2020-2A, ET2020-2B, ET2020-2C, ET2020-2D2022-01-01 – 2022-05-01Katariina Pukkila-PalmunenFinnish2021-12-01 – 2022-01-10
3006YT2020-2A, YT2020-2B, YT2020-2C, YT2020-2D2022-01-01 – 2022-05-01Minna UimonenFinnish2021-12-01 – 2022-01-10

Still need to take the course? See the courses during the academic year 2023-2024.

Learning Outcomes

The student is able to monitor and analyse the costs in a company, allocate them correctly and utilise them in the planning of the operations and the control of a profitable business.

Student's Workload

Total work load of the student 135 h, of which
- scheduled studies 70 h
- autonomous studies 65 h
The assessment of student’s own learning 1h is included in contact lessons.

Prerequisites / Recommended Optional Courses

Entrepreneurship and Business

Contents

Significance and position of operative accounting, concepts in financial administration, contribution-margin calculation, investment calculation, accounting by type of cost, traditional output-based cost accounting, basics of activity-based accounting, price determination from various points of view.

Recommended or Required Reading and Other Learning Resources/Tools

Neilimo &Uusi-Rauva, Johdon laskentatoimi, Edita.
Ikäheimo: Lounasmeri ja Walden: Yrityksen laskentatoimi, WSOY.

Mode of Delivery / Planned Learning Activities and Teaching Methods

Lectures, group work, exercises, assignment.

Assessment Criteria

5: The student is able to utilise the methods learnt during the study unit independently and is able apply the learnt knowledge in new contexts.
3: The student is able to utilise the methods learnt during the study unit independently.
1: The student is able, with guidance, to utilise the methods learnt during the study unit.

Assessment Methods

Numerical assessment, exam.


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