Basics of Cost and Profitability Accounting
| Structure Type: | Study unit |
|---|---|
| Code: | IKTP1123 |
| Curriculum: | ET 2022 / KT 2022 / YT 2022 |
| Level: | Bachelor of Engineering |
| Year of Study: | 2 (2023-2024) |
| Semester: | Autumn / Spring |
| Credits: | 5 cr |
| Responsible Teacher: | Saarikoski, Lotta |
| Language of Instruction: | Finnish |
Courses During the Academic Year 2023-2024
| Impl. | Group(s) | Study Time | Teacher(s) | Language | Enrolment |
|---|---|---|---|---|---|
| 3012 | KT2022-2A, KT2022-2B, KT2022-2C, KT2022-2D | 2024-01-08 – 2024-04-30 | Lotta Saarikoski | Finnish | 2023-12-01 – 2024-01-12 |
| 3013 | YT2022-2 | 2023-08-28 – 2023-12-17 | Finnish | 2023-08-01 – 2023-09-06 | |
| 3014 | ET2022-2A, ET2022-2B, ET2022-2C, ET2022-2D, YT2022-2 | 2023-08-28 – 2023-12-17 | Katariina Pukkila-Palmunen | Finnish | 2023-08-01 – 2023-09-06 |
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 -55 h
- autonomous studies 85-80 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 management accounting, concepts in financial administration, investment calculation, accounting by type of cost, traditional output-based cost accounting, basic idea 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.Course assignment will be graded too.