Basics of Cost and Profitability Accounting
| Structure Type: | Study unit |
|---|---|
| Code: | IKTP1123 |
| Type: | Compulsory / Basic Studies |
| Curriculum: | ET 2018 EY 2018V KT 2018 / 2018V YT 2018 |
| Level: | Bachelor of Engineering |
| Year of Study: | 2 (2019-2020) |
| Semester: | Autumn |
| Credits: | 5 cr |
| Responsible Teacher: | Saarikoski, Lotta |
| Language of Instruction: | Finnish |
Courses During the Academic Year 2019-2020
| Impl. | Group(s) | Study Time | Teacher(s) | Language | Classes | Enrolment |
|---|---|---|---|---|---|---|
| 5 | I-ET-2N, I-KT-2N, I-YT-2N | 2019-09-02 – 2019-12-20 | Lotta Saarikoski | Finnish | 54 h | 2019-08-19 – 2019-09-09 |
| 6 | I-EY-2V, I-KT-2V, I-TT-2V | 2020-01-07 – 2020-05-20 | Minna Uimonen | Finnish | 2019-12-16 – 2020-01-14 | |
| I-KT-2V, I-EY-2V, I-TT, 2V | P3 – P4 | Minna Uimonen | Finnish | 50 h |
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.