Business Control (10 op)

Tavoitteet

The student is able to
- prepare reports for management planning and control purposes
- prepare budgets and forecasts
- calculate the cost of a product or service using traditional cost accounting and activity-based costing
- use different investment criteria in capital budgeting

Aika ja paikka

Mondays 17.1.-28.3.2022 at 9-15

Oppimateriaali ja suositeltava kirjallisuus

Books:
Gowthorpe, Catherine: Management Accounting, SOUTH-WESTERN CENGAGE Learning
Jones, Michael: Accounting, Wiley
Drury, Colin: Management and Cost Accounting, Thomson Business Press, (Chapter 15: The Budgeting Process)

https://www.accountingtools.com/podcasts/

Articles, ebooks, and other source references will be informed when the course starts.

Toteutustapa

Lectures and workshops
Independent work using software (Excel, Invest for Excel, Power BI)
Company case

Työelämäyhteistyö ja/tai TKI

Software used on this study unit: MS Excel, Invest for Excel (Datapartner) and MS Power BI.
Company contact will be announced when the study unit starts.

Toteutuksen tärkeät päivämäärät

Introduction and start of the study unit 17.1.2022 at 10-15.

Kansainvälisyys toteutuksella

This study unit is suitable for exchange students.

Opiskelijan ajankäyttö ja kuormitus

10 ECTS = 270 hours of student work (1 ECTS = 27 hours)

Sisältö ja sen jaksotus

Key performance indicators (KPI)
Cost accounting and Activity-based costing
Customer profitability
Budgeting and control
Capital budgeting and cash flow modelling
Management reporting
Practical company project

Arviointiasteikko

H-5

Lisätiedot

This course is also recommended for students in the Finnish programmes. However this course overlaps with the course "Talousohjaus" offered in Finnish.

Students deepen their competence in management accounting and financial planning and control: financial analysis, budgeting, control, cost accounting, capital budgeting decisions and information systems which support decision making.