Cost Accounting
| Structure Type: | Study unit |
|---|---|
| Code: | TTKA0902 |
| Type: | Compulsory / Professional Studies |
| Curriculum: | T-TK 2013 TK 2014 / 2015 / 2016 / 2017 / 2018 / 2019 / 2020 / 2021 |
| Level: | Bachelor of Business Administration |
| Year of Study: | 2 (2016-2017 / 2017-2018 / 2018-2019 / 2019-2020 / 2020-2021 / 2021-2022 / 2022-2023) |
| Credits: | 3 cr |
| Responsible Teacher: | Niittykoski, Jukka |
| Language of Instruction: | Finnish |
Courses
| Impl. | Group(s) | Study Time | Teacher(s) | Language | Enrolment |
|---|---|---|---|---|---|
| 1 | T-TK-3-1 | 2014-09-01 – 2014-12-19 | Mika Ylinen | Finnish | 2014-08-15 – 2014-09-14 |
| 2 | T-TK-3-2 | 2014-09-01 – 2014-12-19 | Mika Ylinen | Finnish | 2014-08-15 – 2014-09-14 |
| 3 | T-TK-2-1 | 2015-09-01 – 2015-12-18 | Mikko Ranta | Finnish | 2015-08-14 – 2015-09-13 |
| 4 | T-TK-2-2 | 2015-09-01 – 2015-12-18 | Mika Ylinen | Finnish | 2015-08-14 – 2015-09-13 |
| 5 | T-TK-2-1 | 2016-09-01 – 2016-12-31 | Mikko Ranta | Finnish | 2016-08-22 – 2016-09-19 |
| 6 | T-TK-2-2 | 2016-09-01 – 2016-12-31 | Mika Ylinen | Finnish | 2016-08-22 – 2016-09-19 |
| 7 | T-TK-2-1, T-TK-2-2 | 2017-09-01 – 2017-12-22 | Mika Ylinen | Finnish | 2017-08-21 – 2017-09-18 |
| 8 | T-TK-2-1, T-TK-2-2 | 2019-01-07 – 2019-05-26 | Mikko Ranta | Finnish | 2018-12-10 – 2019-01-14 |
| 9 | T-TK-2-1, T-TK-2-2 | 2019-09-02 – 2019-12-22 | Kerstin Siegfrids | Finnish | 2019-08-19 – 2019-09-09 |
| 3001 | TK2019-2A, TK2019-2B | 2020-08-24 – 2020-12-20 | Kerstin Siegfrids | Finnish | 2020-08-17 – 2020-09-11 |
| 3002 | TK2020-2A, TK2020-2B | 2021-08-23 – 2021-12-19 | Riikka Mäkelä | Finnish | 2021-08-01 – 2021-09-06 |
| 3003 | TK2021-2A, TK2021-2B | 2022-08-22 – 2022-12-18 | Kerstin Siegfrids | Finnish | 2022-08-01 – 2022-09-06 |
The descriptions shown below are for the academic year: 2022-2023
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
Class teaching: lectures/ exercises 39 h. Independent studies: Theory reading 20 h, independent studies and reflection 22 h, preparation for examination 20 h
The assesment of student's own learning 1 h is included in contact lessons.
Prerequisites / Recommended Optional Courses
No prerequisites
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.
Regional Impact
The course content, taking into account the specific characteristics and competence requirements of international companies in the region in the energy sector.
Internationality
The course content, taking into account the specific characteristics and competence requirements of international companies in the region in the energy sector.
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, exercises, independent studies.
Assessment Criteria
5 Utilize cost accounting theories, concepts and methods consistently in various situations
3 Utilize essential concepts of cost accounting 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 of cost accounting
Assessment Methods
Written test 100%. Assessment on scale (0-5).