Basics of Cost Accounting
| Structure Type: | Study unit |
|---|---|
| Code: | TLA0306 |
| Curriculum: | LT 2023W |
| Level: | Bachelor of Business Administration |
| Year of Study: | 1 (2023-2024) |
| Semester: | Spring |
| Credits: | 5 cr |
| Responsible Teacher: | Niittykoski, Jukka |
| Language of Instruction: | Finnish |
Courses During the Academic Year 2023-2024
| Impl. | Group(s) | Study Time | Teacher(s) | Language | Enrolment |
|---|---|---|---|---|---|
| 3016 | LT2023-1A | 2023-08-21 – 2023-12-24 | Jukka Niittykoski, Kerstin Siegfrids | Finnish | 2023-08-01 – 2023-09-06 |
| 3017 | LT2023-1B, LT2023-1C | 2023-08-21 – 2023-12-24 | Jukka Niittykoski | Finnish | 2023-08-01 – 2023-09-06 |
| 3019 | LT2023-1D | 2023-08-21 – 2023-12-24 | Jukka Niittykoski | Finnish | 2023-08-01 – 2023-09-06 |
| 3020 | LT2023-1W | 2024-01-08 – 2024-05-12 | Jukka Niittykoski | Finnish | 2023-12-01 – 2024-01-12 |
| 3021 | LT2023V-1K | 2024-01-08 – 2024-05-12 | Kerstin Siegfrids | Finnish | 2023-12-01 – 2024-01-12 |
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, 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
-
Internationality
-
Recommended or Required Reading and Other Learning Resources/Tools
Talousohjaus ja kustannuslaskenta. Marko Järvenpää, Aapo Länsiluoto, Vesa Partanen, Jukka Pellinen. Sanoma Pro, Newest edition.
Handouts
Mode of Delivery / Planned Learning Activities and Teaching Methods
Lectures, written exercises, self-reliant studying, groups works.
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, gropup works. Assessment on scale (0-5).