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Cost accounting

Structure Type: Study unit
Code: TL00BQ80
Curriculum: LT 2025-W
Level: Bachelor of Business Administration
Year of Study: 1 (2025-2026)
Semester: Autumn
Credits: 5 cr
Responsible Teacher: Niittykoski, Jukka
Language of Instruction: Finnish

Courses During the Academic Year 2025-2026

Impl.Group(s)Study TimeTeacher(s)LanguageEnrolment
3001LT2025-A2025-08-25 – 2025-12-22Jukka NiittykoskiFinnish2025-08-01 – 2025-09-06
3002LT2025-B, LT2025-C2025-08-25 – 2025-12-22Jukka NiittykoskiFinnish2025-08-01 – 2025-09-06
3003LT2025-D2025-08-25 – 2025-12-22Jukka NiittykoskiFinnish2025-08-01 – 2025-09-06
3004LT2025-W2025-08-25 – 2025-12-22Jukka NiittykoskiFinnish2025-08-01 – 2025-09-06
3005LT2025V-K2026-01-05 – 2026-05-15Jukka NiittykoskiFinnish 

Learning Outcomes

The student is able to analyze the components of business profitability and understands how revenues and costs influence decision-making. The student masters the principles of contribution margin accounting, can calculate the break-even point and the margin of safety, and understands their significance in a company’s pricing strategy. In addition, the student learns to prepare simple income and cash flow budgets and to assess the financial sustainability of a business from the perspectives of profitability, solvency, and working capital turnover. They can also determine product-specific costs, apply various cost accounting methods—such as calculation of production cost and full cost—and understand the basic principles of incremental costing. The student gains a comprehensive understanding of the fundamental prerequisites for profitable business operations, including the interrelationship between financing, profitability, and solvency.

Student's Workload

5sp equals 135 hours

Prerequisites / Recommended Optional Courses

No prior studies required

Regional Impact

The course takes into account local businesses in the area

Internationality

The course takes into account the international aspects of the region

Mode of Delivery / Planned Learning Activities and Teaching Methods

Lectures, independent study, assignments.

Assessment Criteria

The course is graded on a scale of 0 to 5

Assessment Methods

Instructor's assessment


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