Basics of Cost Accounting
| Structure Type: | Study unit |
|---|---|
| Code: | TLVP1201 |
| Type: | Compulsory / Basic Studies |
| Curriculum: | EY 2015V / 2017V / 2023V I-RT 2013V KT 2014V / 2016V LT 2014V / 2015V / 2016V / 2017V / 2018V / 2019V / 2020V RT 2015V ST 2014V / 2016V / 2018V / 2020V T-LT 2013V TT 2014V / 2016V / 2018V / 2020V |
| Level: | Bachelor of Engineering / Bachelor of Business Administration |
| Year of Study: | 1 / 2 / 3 (2014-2015 / 2015-2016 / 2016-2017 / 2017-2018 / 2018-2019 / 2019-2020 / 2020-2021 / 2021-2022 / 2025-2026) |
| Credits: | 5 cr |
| Responsible Teacher: | Niittykoski, Jukka |
| Language of Instruction: | Finnish |
Courses
| Impl. | Group(s) | Study Time | Teacher(s) | Language | Enrolment |
|---|---|---|---|---|---|
| 1 | I-RT-2V | 2014-08-22 – 2014-12-20 | Martti Laaja | Finnish | 2014-08-15 – 2014-09-14 |
| 2 | 2015-01-05 – 2015-05-23 | Jukka Niittykoski | Finnish | 2014-12-08 – 2015-01-12 | |
| 3 | 2015-04-01 – 2016-05-31 | Jukka Niittykoski | Finnish | 2015-03-11 – 2015-06-15 | |
| 4 | I-KT-2V, I-TT-2V | 2016-01-04 – 2016-05-21 | Pekka Ketola | Finnish | 2015-12-07 – 2016-01-10 |
| 5 | T-LT-2VT | 2016-09-01 – 2016-12-31 | Jukka Niittykoski | Finnish | 2016-08-22 – 2016-09-19 |
| 6 | I-EY-2V, I-RT-2V | 2017-01-09 – 2017-04-30 | Marja Naaranoja | Finnish | 2016-12-12 – 2017-01-16 |
| 7 | T-LT-2VT | 2017-09-01 – 2017-12-22 | Jukka Niittykoski | Finnish | 2017-08-21 – 2017-09-18 |
| 8 | I-KT-3V, I-TT-3V | 2018-08-31 – 2018-12-21 | Lotta Saarikoski | Finnish | 2018-08-20 – 2018-09-17 |
| 9 | T-LT-2VT | 2018-08-31 – 2018-12-21 | Jukka Niittykoski | Finnish | 2018-08-20 – 2018-09-17 |
| 10 | I-EY-2V | 2019-01-07 – 2019-05-18 | Minna Uimonen | Finnish | 2018-12-10 – 2019-01-14 |
| 11 | T-LT-1V | 2019-09-02 – 2019-12-22 | Jukka Niittykoski | Finnish | 2019-08-19 – 2019-09-09 |
| 3001 | LT2020V-1T | 2020-08-24 – 2020-12-20 | Kerstin Siegfrids | Finnish | 2020-08-17 – 2020-09-11 |
| 3003 | ST2020V-2A, ST2020V-2B, TT2020V-2A | 2022-01-03 – 2022-04-30 | Finnish | 2021-12-01 – 2022-01-10 |
The descriptions shown below are for the academic year: 2021-2022
Learning Outcomes
The student understands the principles of economic thinking and is able to carry out profitability calculations and prepare budgets to support decision making.
Student's Workload
135 h, including 50 h of contact studies and 85 h of individual work. The assessment of student’s own learning 1 h is included in contact lessons.
Prerequisites / Recommended Optional Courses
-
Contents
Getting familiar with cost accounting, cost concepts and classifications, cost-volume-profit calculations including value added tax, profitability ratios, product costing and differential cost analysis, different methods for pricing goods and services, introduction to budgeting, preparation of cash budgets, income statement budgets and forecasted balance sheets.
Recommended or Required Reading and Other Learning Resources/Tools
Tomperi, Soile. Uusin painos. Kannattavuus ja kustannusten hallinta. Helsinki. Edita.
Handouts
Mode of Delivery / Planned Learning Activities and Teaching Methods
Lectures, written exercises, self-reliant studying.
Assessment Criteria
5: Utilize theories, concepts and methods consistently in various situations.
3: Utilize essential concepts in single situations and assignments and understand the theories on which the assignments are based.
1: Recognize and understand the essential theories, principles and methods.
Assessment Methods
Written test 100%. Assessment on scale (0-5).