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Front Page > Current Education > Environmental Technology (YT) > 2023 > Year 2 > Basics of Cost and Profitability Accounting (IKTP1123)

Basics of Cost and Profitability Accounting

Structure Type: Study unit
Code: IKTP1123
Curriculum: YT 2023
Level: Bachelor of Engineering
Year of Study: 2 (2024-2025)
Semester: Autumn
Credits: 5 cr
Responsible Teacher: Saarikoski, Lotta
Language of Instruction: Finnish

Courses During the Academic Year 2024-2025

Impl.Group(s)Study TimeTeacher(s)LanguageEnrolment
3016KT2023-2A, KT2023-2B, KT2023-2C, KT2023-2D2025-01-07 – 2025-04-30Lotta SaarikoskiFinnish2024-12-01 – 2025-01-13
3017ET2023-2A, ET2023-2B2025-01-07 – 2025-04-30Jukka NiittykoskiFinnish2024-12-01 – 2025-01-13
3018YT2023-2A, YT2023-2B2024-09-03 – 2024-12-20Lotta SaarikoskiFinnish2024-08-01 – 2024-09-06
3019KT2023V-2A, KT2023V-2B2025-01-07 – 2025-05-17Lotta SaarikoskiFinnish2024-12-01 – 2025-01-13

Learning Outcomes

The student is able to monitor and analyse the costs in a company, allocate them correctly and utilise them in the planning of the operations and the control of a profitable business.

Student's Workload

Total work load of the student 135 h, of which
- scheduled studies 45-50 h
- autonomous studies 90-85 h
The assessment of student’s own learning 1 h is included in contact lessons.

Prerequisites / Recommended Optional Courses

Entrepreneurship and Business Administration

Contents

Significance and position of management accounting, concepts in financial administration, investment calculation, accounting by type of cost, traditional output-based cost accounting, basic idea of activity-based accounting, price determination from various points of view.

Recommended or Required Reading and Other Learning Resources/Tools

Neilimo &Uusi-Rauva, Johdon laskentatoimi, Edita.
Ikäheimo: Lounasmeri ja Walden: Yrityksen laskentatoimi, WSOY.
Other material provided by the lecturer

Mode of Delivery / Planned Learning Activities and Teaching Methods

Lectures, group work, exercises, assignment.

Assessment Criteria

5: The student is able to utilise the methods learnt during the study unit independently and is able apply the learnt knowledge in new contexts.
3: The student is able to utilise the methods learnt during the study unit independently.
1: The student is able, with guidance, to utilise the methods learnt during the study unit.

Assessment Methods

Numerical assessment, exam.Course assignment will be graded too.


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