Strategic Accounting for Management
| Structure Type: | Study unit |
|---|---|
| Code: | TLYS0007 |
| Type: | Compulsory / Professional Studies |
| Curriculum: | T-LY 2011 |
| Level: | Master of Business Administration |
| Year of Study: | 1 (2011-2012) |
| Credits: | 5 cr |
| Responsible Teacher: | Virtanen, Henrik |
| Language of Instruction: | Finnish |
Learning Outcomes
Course at Seinäjoki AMK.
Upon completion of the course students will understand how managerial accounting can be used to support strategic planning and piloting in the demanding professional duties of company management. Students will also become aware of how financial administration functions better in the role of business partner than in that of the traditional number crusher.
Student's Workload
Total work load: 135 h.
- scheduled studies: 24 h.
- individual studies: 111 h.
The assesment of student's own learning 1 h is included in contact lessons.
Prerequisites / Recommended Optional Courses
No prerequisites.
Contents
Activity-based accounting, performance metres (Balanced Scorecard), life cycle accounting, full cost accounting and target-cost accounting.
Recommended or Required Reading and Other Learning Resources/Tools
• Ellram L.M. (2006) “The Implementation of Target Costing in the United States: Theory Versus Practice”, Journal of Supply Chain Management, Vol. 42:1, pp. 13-26.
• Guilding C., Cravens K.S., Tayles M. (2000) “An international comparison of strategic management accounting practices”, Management Accounting Research, Vol. 11, 1, pp. 113-135.
• Hogue Z. (2004) Strategic Management Accounting, Concepts, Processes and Issues, 2nd edition, Spiro Press.
• Järvenpää M., Länsiluoto A., Partanen V. ja Pellinen J. (2010) Talousohjaus ja kustannuslaskenta, WSOYpro, ISBN 978-951-0-35813-9.
• Länsiluoto A. ja Järvenpää M. (2006) ”Elinkaarilaskennalla tuotekustannukset hallintaan”, Tilisanomat, Nro. 1, pp. 40-43.
• Länsiluoto A. ja Jossens V. (2007) ”Laatukustannuslaskenta auttaa parantamaan laatua ja kannattavuutta”, Tilisanomat, Vol. 28 Issue 3, pp. 68-71.
• Malmi T., Peltola J. ja Toivanen J. (2002) Balanced scorecard, rakenna ja sovella tehokkaasti, Kauppakaari: Helsinki
• Other material to be annouced during the course.
Mode of Delivery / Planned Learning Activities and Teaching Methods
Lectures, discussions, litterature assignment and/or company cases. A development assigment connected to the employers business.
Assessment Criteria
To be annouced.
Assessment Methods
The assessment takes into account the working methods, problem-solving skills and the ability to apply theoretical knowledge in order to develop the working and business practices.