Basics of Cost and Profitability Accounting
|Bachelor of Engineering
|Year of Study:
|Language of Instruction:
Taking the course in advance? See the courses during the academic year 2023-2024.
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.
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
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.
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.
Numerical assessment, exam.Course assignment will be graded too.