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Front Page > Current Education > Sähkö- ja automaatiotekniikan koulutus (SAT) > 2024V > Year 3 > Basics of Cost and Profitability Accounting (IKTP1123)

Basics of Cost and Profitability Accounting

Structure Type: Study unit
Code: IKTP1123
Curriculum: SAT 2024V
Level: Bachelor of Engineering
Year of Study: 3 (2026-2027)
Semester: Autumn
Credits: 5 cr
Responsible Teacher: Saarikoski, Lotta
Language of Instruction: Finnish

Taking the course in advance? See the courses during the academic year 2023-2024.

Learning Outcomes

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.

Student's Workload

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

Contents

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.

Assessment Criteria

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.

Assessment Methods

Numerical assessment, exam.Course assignment will be graded too.


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