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Front Page > Current Education > Business Economics (LT) > 2018 > Year 1 > Basics of Cost Accounting (TLA0306)

Basics of Cost Accounting

Structure Type: Study unit
Code: TLA0306
Type: Compulsory / Basic Studies
Curriculum: LT 2018
Level: Bachelor of Business Administration
Year of Study: 1 (2018-2019)
Semester: Autumn
Credits: 5 cr
Responsible Teacher: Niittykoski, Jukka
Language of Instruction: Finnish

Courses During the Academic Year 2018-2019

Impl.Group(s)Study TimeTeacher(s)LanguageEnrolment
41T-LT-1-12018-08-31 – 2018-12-21Jukka NiittykoskiFinnish2018-08-20 – 2018-09-17
42T-LT-1-22018-08-31 – 2018-12-21Jukka NiittykoskiFinnish2018-08-20 – 2018-09-17
43T-LT-1-32018-08-31 – 2018-12-21Jukka NiittykoskiFinnish2018-08-20 – 2018-09-17
44T-LT-1-42018-08-31 – 2018-12-21Jukka NiittykoskiFinnish2018-08-20 – 2018-09-17

Still need to take the course? See the courses during the academic year 2021-2022.

Learning Outcomes

The student understands the principles of economic thinking and is able to carry out profitability calculations and prepare budgets to support decision making.

Student's Workload

Lessons 20 h, exercises 32 h, self studies 63 h and preparations for the exam 20 h
The assesment of student's own learning 1 h is included in contact lessons.

Prerequisites / Recommended Optional Courses

No prerequisites

Contents

Getting familiar with cost accounting, cost concepts and classifications, cost-volume-profit calculations including value added tax, profitability ratios, product costing and differential cost analysis, different methods for pricing goods and services, introduction to budgeting, preparation of cash budgets, income statement budgets and forecasted balance sheets.

Regional Impact

The course content takes into account the region's businesses in the energy sector, as well as the specific features of international trade.

Internationality

The course content takes into account the region's businesses in the energy sector, as well as the specific features of international trade.

Recommended or Required Reading and Other Learning Resources/Tools

Tomperi, Soile. Uusin painos. Kannattavuus ja kustannusten hallinta. Helsinki. Edita.
Handouts

Mode of Delivery / Planned Learning Activities and Teaching Methods

Lectures, written exercises, self-reliant studying.

Assessment Criteria

5 Utilize theories, concepts and methods consistently in various situations
3 Utilize essential concepts in single situations and assignments and understand the theories on which the assignments are based
1 Recognize and understand the essential theories, principles and methods

Assessment Methods

Written test 100%. Assessment on scale (0-5).


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