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 Time | Teacher(s) | Language | Enrolment |
|---|---|---|---|---|---|
| 3001 | LT2025-A | 2025-08-25 – 2025-12-22 | Jukka Niittykoski | Finnish | 2025-08-01 – 2025-09-06 |
| 3002 | LT2025-B, LT2025-C | 2025-08-25 – 2025-12-22 | Jukka Niittykoski | Finnish | 2025-08-01 – 2025-09-06 |
| 3003 | LT2025-D | 2025-08-25 – 2025-12-22 | Jukka Niittykoski | Finnish | 2025-08-01 – 2025-09-06 |
| 3004 | LT2025-W | 2025-08-25 – 2025-12-22 | Jukka Niittykoski | Finnish | 2025-08-01 – 2025-09-06 |
| 3005 | LT2025V-K | 2026-01-05 – 2026-05-15 | Jukka Niittykoski | Finnish |
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