Opinto-opas

Osaamistavoitteet

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

Toteutustapa

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

Aika ja paikka

Tuesdays 26.1.-27.4.2021 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.

Työelämäyhteistyö ja/tai TKI

Software used on this study unit: MS Excel, Invest for Excel (Datapartner) and MS Power BI.
Company contact: TBA

Toteutuksen tärkeät päivämäärät

Introduction and start of the study unit 26.1.2021 at 9-15 in Zoom

Opiskelijan ajankäyttö ja kuormitus

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

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

Lisätietoja opiskelijoille

Opintojakso sopii suomenkielisille opiskelijoille. Jos olet suorittanut jo Talousohjaus -opintojakson, joka on osittain saman sisältöinen kuin tämä, ota yhteyttä ohjaajiin.

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.

Lecturers: Kaija Koivusalo, Lauri Larjavaara, Tomy Kuokkanen (teacher trainee)

Arviointiasteikko

H-5

Arviointimenetelmät ja arvioinnin perusteet

Individual assignments 60%
Team project 40%

Hylätty (0)

REQUIREMENT LEVEL II

Arviointikriteerit, tyydyttävä (1-2)

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

Arviointikriteerit, hyvä (3-4)

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

Arviointikriteerit, kiitettävä (5)

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