Company Economics
| Structure Type: | Study unit |
|---|---|
| Code: | TTA0302 |
| Type: | Compulsory / Basic Studies |
| Curriculum: | T-TK 2007 |
| Level: | Bachelor of Business Administration |
| Year of Study: | 2 (2008-2009) |
| Credits: | 6 cr |
| Responsible Teacher: | Ylinen, Mika |
| Language of Instruction: | Finnish |
Courses During the Academic Year 2008-2009
| Impl. | Group(s) | Study Time | Teacher(s) | Language | Enrolment |
|---|---|---|---|---|---|
| 5 | 2008-08-25 – 2008-12-20 | Mika Ylinen | Finnish | 2008-08-15 – 2008-08-31 | |
| 6 | T-TK-3DI | 2008-08-25 – 2009-05-02 | Mika Ylinen | Finnish | 2008-08-15 – 2008-08-31 |
| 7 | 2008-08-25 – 2009-05-02 | Mika Ylinen | Finnish | 2008-08-15 – 2008-08-31 |
Learning Outcomes
The student understands the basic principles and procedures related to fundamental financial accounting as well as indirect taxation. He is able to record, measure and report the financial performance and status of the firm. The student understands the fundamentals of costs and cost behaviour. He is able to generate financial information for planning, budgeting and decision-making. The student can use accounting and material management softwares and understands the functions of these systems.
Student's Workload
6 x 27 h = approx. 162 h
Lectures and guided sessions: approx. 77 h
Self studies - assignments: approx. 30 h
Self studies – reading theory and taking exams: approx. 25 h
Self studies – Project Work using ERP system: approx. 30 h
Contents
General picture of the economic administration in a company. Basics of accounting: entities and balance sheets. Income measurement: the accrual basis. The recording process: journals and ledgers. Accounting adjustments and financial statement preparation. Accounting cycle: recording, formal presentation and major elements of basic financial statements. Costs, cost behaviour and estimation. Cost-volume-profit relationship. Contribution margin calculations. Pricing. Budgeting. Enterprise resource planning (ERP)software-solutions.
Recommended or Required Reading and Other Learning Resources/Tools
- Tomperi, Soile. Uusin painos. Yrityksen taloushallinto 1 Kirjanpidon ja tilinpäätöksen perusteet. Helsinki. Edita.
- Tomperi, Soile. Uusin painos. Yrityksen taloushallinto 3 - Kannattavuus ja kustannusten hallinta. Helsinki. Edita.
- Material given by the lecturer.
Mode of Delivery / Planned Learning Activities and Teaching Methods
Lectures, exercises and self studies.
Assessment Criteria
1 The student understands some basics about learned issues
3 The student understands well the basics and can apply learned issues in practice
5 The student has excellent understanding of the basics and can to a great extent apply the learned issues in practice
Assessment Methods
Written test, active participation and project work. Assessment on scale 0-5.