Basics of Cost and Profitability Accounting
| Structure Type: | Study unit |
|---|---|
| Code: | IKTP1123 |
| Curriculum: | ET 2021 / 2021V KT 2021 / 2021V YT 2021 / 2021V |
| Level: | Bachelor of Engineering |
| Year of Study: | 2 (2022-2023) |
| Semester: | Autumn |
| Credits: | 5 cr |
| Responsible Teacher: | Saarikoski, Lotta |
| Language of Instruction: | Finnish |
Courses During the Academic Year 2022-2023
| Impl. | Group(s) | Study Time | Teacher(s) | Language | Enrolment |
|---|---|---|---|---|---|
| 3007 | KT2021-2, KT2021-2A, KT2021-2B, KT2021-2C, KT2021-2D | 2023-01-09 – 2023-04-30 | Lotta Saarikoski | Finnish | 2022-12-01 – 2023-01-10 |
| 3008 | KT2021V-2, KT2021V-2A, KT2021V-2B | 2022-08-19 – 2022-12-31 | Lotta Saarikoski | Finnish | 2022-08-01 – 2022-09-06 |
| 3009 | ET2021-2, ET2021-2A, ET2021-2B, ET2021-2C, ET2021-2D | 2022-08-29 – 2022-12-31 | Katariina Pukkila-Palmunen | Finnish | 2022-08-01 – 2022-09-06 |
| 3010 | ET2021V-2, ET2021V-2A, ET2021V-2B, YT2021V-2, YT2021V-2A, YT2021V-2B | 2022-08-26 – 2022-12-31 | Minna Uimonen | Finnish | 2022-08-01 – 2022-09-06 |
| 3011 | YT2021-2, YT2021-2A, YT2021-2B, YT2021-2C, YT2021-2D | 2022-08-29 – 2022-12-31 | Katariina Pukkila-Palmunen | Finnish | 2022-08-01 – 2022-09-06 |
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 50 h
- autonomous studies 85 h
The assessment of student’s own learning 1 h 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.