Basics of Cost and Profitability Accounting
| Structure Type: | Study unit |
|---|---|
| Code: | IKTP1123 |
| Curriculum: | KT 2023V |
| Level: | Bachelor of Engineering |
| Year of Study: | 2 (2024-2025) |
| Semester: | Autumn |
| Credits: | 5 cr |
| Responsible Teacher: | Saarikoski, Lotta |
| Language of Instruction: | Finnish |
Courses During the Academic Year 2024-2025
| Impl. | Group(s) | Study Time | Teacher(s) | Language | Enrolment |
|---|---|---|---|---|---|
| 3016 | KT2023-2A, KT2023-2B, KT2023-2C, KT2023-2D | 2025-01-07 – 2025-04-30 | Lotta Saarikoski | Finnish | 2024-12-01 – 2025-01-13 |
| 3017 | ET2023-2A, ET2023-2B | 2025-01-07 – 2025-04-30 | Jukka Niittykoski | Finnish | 2024-12-01 – 2025-01-13 |
| 3018 | YT2023-2A, YT2023-2B | 2024-09-03 – 2024-12-20 | Lotta Saarikoski | Finnish | 2024-08-01 – 2024-09-06 |
| 3019 | KT2023V-2A, KT2023V-2B | 2025-01-07 – 2025-05-17 | Lotta Saarikoski | Finnish | 2024-08-01 – 2025-01-13 |
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 45-50 h
- autonomous studies 90-85 h
The assessment of student’s own learning 1 h is included in contact lessons.
Prerequisites / Recommended Optional Courses
Entrepreneurship and Business Administration
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.
Other material provided by the lecturer
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.