Kaija Koivusalo
80% Face-to-face, 20% Distance learning
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.
Lectures and workshops
Independent work using software (Excel, Invest for Excel, Power BI)
Company case
Individual assignments 60%
Team project 40%
17.01.2022 - 28.03.2022
29.11.2021 - 02.01.2022
20 - 40
Laurea Leppävaara, liko
Kaija Koivusalo, Katja Suonperä, Anniina Vänskä
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.
Complementary competence, bachelor’s studies in English (CCH2), Business, administration and law
Laurea Leppävaara
2 credits
2 credits
H-5
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.
Introduction and start of the study unit 17.1.2022 at 10-15.
This study unit is suitable for exchange students.
10 ECTS = 270 hours of student work (1 ECTS = 27 hours)
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
Mondays 17.1.-28.3.2022 at 9-15
The student is able to PROFESSIONAL KNOWLEDGE BASIS, INFORMATION SEARCHING AND REPORTING – use professional concepts in a consistent manner and demonstrate his/her familiarity with the knowledge basis – report and communicate in a professional manner PROFESSIONAL PRACTICE AND WORKPLACE DEVELOPMENT – act independently taking into account the operating environment – take responsibility for interaction with customers and/or co-operation partners and for responding to their needs TEAMWORK SKILLS, LEADERSHIP AND RESPONSIBILITY – describe the significance of his/her actions for successful co-operation – describe his/her competence in relation to the learning outcomes
The student is able to PROFESSIONAL KNOWLEDGE BASIS, INFORMATION SEARCHING AND REPORTING – critically evaluate information and justify their actions with science-based knowledge PROFESSIONAL PRACTICE AND WORKPLACE DEVELOPMENT – propose creative solutions at work – promote professional co-operation and enhance customer and partner relationships TEAMWORK SKILLS, LEADERSHIP AND RESPONSIBILITY - act in a manner that promotes the team’s entrepreneurial and responsible approach to work - describe the development of his/her competence in relation to the learning outcomes
The student is able to PROFESSIONAL KNOWLEDGE BASIS, INFORMATION SEARCHING AND REPORTING – analyse the acquired information, draw conclusions and combine theoretical knowledge with experiential knowledge PROFESSIONAL PRACTICE AND WORKPLACE DEVELOPMENT – evaluate the applicability of produced knowledge, skill or idea to other contexts as well as their impact – anticipate needs of customers and/or co-operation partners TEAMWORK SKILLS, LEADERSHIP AND RESPONSIBILITY – evaluate and develop the team’s entrepreneurial and responsible approach to work – evaluate the possibilities for utilising competence and plan his/her personal development and development of the team