Cost Accounting and -Management (3 cr)
Code: LT00CG45-3001
General information
Enrollment
01.05.2021 - 30.09.2021
Timing
06.09.2021 - 24.10.2021
Credits
3 op
Virtual proportion (cr)
3 op
Teaching languages
- Finnish
Degree programmes
- Bachelor of Business Administration, Business Management
Teachers
- Henri Teittinen
Student groups
-
LITA19A
Objective
Students can produce management accounting information for decision making. They can choose and implement a cost accounting system by considering the firm specific characteristics. Students are able to apply the key concepts of the course also in English. They can evaluate the significance of comprehensive cost management for firms in the domestic and foreign markets.
Content
- management accounting concepts, cost classifications
- logic of cost accounting, responsibility center and product costing
- activity-based costing (ABC) and job costing
Teaching methods
Online course
Further information
Online course
Evaluation scale
1-5
Assessment criteria, satisfactory (1)
Student is able to implement costing methods for different purposes at a satisfactory level. Student can use income statement as a fundament for creating a responsibility center and product cost calculation a satisfactory level. Student is able to implement different costing methods for different purposes in strategic and operative management at a satisfactory level.
Assessment criteria, good (3)
Student is able to implement costing methods for different purposes at a good level. Student can use income statement as a fundament for creating a responsibility center and product cost calculation at a good level. Student is able to implement different costing methods for different purposes in strategic and operative management at a good level.
Assessment criteria, excellent (5)
Student is able to implement costing methods for different purposes at an excellent level. Student can use income statement as a fundament for creating a responsibility center and product cost calculation at an excellent level. Student is able to implement different costing methods for different purposes in strategic and operative management at an excellent level.
Qualifications
Analysing and developing a business, 7 op & Financial Management of an Enterprise, 3 op
Further information
As part of the course, the student must attend the financial administration case clinic in the autumn semester.