Management Accounting
| Structure Type: | Study unit |
|---|---|
| Code: | TLS3209 |
| Curriculum: | LT 2024 / 2024V |
| Level: | Bachelor of Business Administration |
| Year of Study: | 2 (2025-2026) |
| Semester: | Autumn |
| Credits: | 5 cr |
| Responsible Teacher: | Lehtimäki, Harri |
| Language of Instruction: | Finnish |
Learning Outcomes
The student is able to plan, perform and supervise tasks related to operational cost accounting. The student can also apply different cost accounting methods and carry out calculations for his/her decision making.
Student's Workload
Lectures, written exercisesand test 55 h, preparing for the tests 10 h, task with Opiferus Activity Based Cost Application 10 h, autononous studies 25 h
The assesment of student's own learning 1 h is included in contact lessons.
Prerequisites / Recommended Optional Courses
Basic Cost Accounting
Contents
Basic cost concepts, cost drivers, cost objects, standard costing, various methods for product costing, activity-based costing (ABC) and ABC management, budgeting, preparation of functional budgets and master budgets, the principles of strategic cost management, ABC-model construction by using the Opiferus Activity-Based Cost -application.
Regional Impact
Profitable and well-planned economic activities ensure the continuity of the region's companies. Profitable operations have the impact on employment.
Internationality
International operations and export requires a good financial planning and implementation of it. The risks of international operations need to be brought under control.
Recommended or Required Reading and Other Learning Resources/Tools
The book material will be announced later.
Handouts and exercises.
Mode of Delivery / Planned Learning Activities and Teaching Methods
Lectures, written exercises, self-reliant studying, exercises with Opiferus toimintolaskenta -application.
Assessment Criteria
5 the student can utilise and apply essential theories, concepts and methods in various situations. He understands the development needs in the field and jutifys the solutions made when acting in task of an expert.
3 the student can utilise theories, conseps and methods consistently in written and oral communication. He can justify the solutions made when acting in tasks of an expert.
1 the student can utilise essential theories, concepts and methods in various situations. He can communicate about the essential issues of the field.
Assessment Methods
The written test, task with Opiferus toimintolaskenta -application, active participation, assessment on scale 0-5. The weight of the written test is 80% I and the weight of the task is 20%.