Basics of Cost and Profitability Accounting
| Structure Type: | Study unit |
|---|---|
| Code: | IKTP1123 |
| Curriculum: | ET 2020 / KT 2020 / YT 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 Time | Teacher(s) | Language | Enrolment |
|---|---|---|---|---|---|
| 3003 | KT2020-2A, KT2020-2B, KT2020-2C, KT2020-2D | 2021-08-01 – 2021-12-31 | Lotta Saarikoski | Finnish | 2021-08-01 – 2021-09-06 |
| 3005 | ET2020-2A, ET2020-2B, ET2020-2C, ET2020-2D | 2022-01-01 – 2022-05-01 | Katariina Pukkila-Palmunen | Finnish | 2021-12-01 – 2022-01-10 |
| 3006 | YT2020-2A, YT2020-2B, YT2020-2C, YT2020-2D | 2022-01-01 – 2022-05-01 | Minna Uimonen | Finnish | 2021-12-01 – 2022-01-10 |
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.