Budgeting and cost accounting (5cr)
Code: KTABK-3002
General information
- Enrollment
- 01.09.2017 - 30.11.2017
- Registration for the implementation has ended.
- Timing
- 30.10.2017 - 18.03.2018
- Implementation has ended.
- Number of ECTS credits allocated
- 5 cr
- Local portion
- 3 cr
- Virtual portion
- 2 cr
- Mode of delivery
- Blended learning
- Degree programmes
- Bachelor of Culture and Arts, Cultural Management
- Teachers
- Satu Lautamäki
- Scheduling groups
- Pienryhmä 1 (Size: 1 . Open UAS : 0.)
- Pienryhmä 2 (Size: 1 . Open UAS : 0.)
- Small groups
- Pienryhmä 1
- Pienryhmä 2
- Course
- KTABK
Objective
Students will learn to name and explain components of economic feasibility. Using spreadsheet, they will learn to calculate costs of starting and running a business. Students will also learn to conduct a contribution margin analysis to help them price products and services.
Content
Budgeting and cost accounting 5 cr
- basic concepts in financial planning
- budgeting
- economic feasibility calculations and profit budget
- funds statement and financial budget
- contribution margin
- cost accounting
- basics of pricing
Assessment criteria, satisfactory (1)
Grade 1 In relation to the learning outcomes, students have passable skills, knowledge and attitudes.
Assessment criteria, good (3)
Grade 3 In relation to the learning outcomes, students have good skills, knowledge and attitudes.
Assessment criteria, excellent (5)
Grade 5 In relation to the learning outcomes, students have excellents skills, knowledge and attitudes.
Qualifications
Basics of production
Project management
Knowledge of the cultural and media sector