Business Control (10cr)
Code: R0344-3005
General information
- Enrollment
- 23.11.2020 - 17.12.2020
- Registration for the implementation has ended.
- Timing
- 26.01.2021 - 31.05.2021
- Implementation has ended.
- Number of ECTS credits allocated
- 10 cr
- Local portion
- 0 cr
- Virtual proportion
- 10 cr
- RDI proportion
- 3 cr
- Mode of delivery
- Distance learning
- Campus
- Laurea Leppävaara
- Teaching languages
- English
- Seats
- 20 - 40
- Degree programmes
- Complementary competence, bachelor’s studies in English (CCH2), Business, administration and law
- Teachers
- Seppo Luode
- Lauri Larjavaara
- Kaija Koivusalo
- Teacher in charge
- Kaija Koivusalo
- Study unit
- R0344
Learning outcomes
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
Teaching methods
Online lectures and workshops (Zoom)
Independent work using software (Excel, Invest for Excel, Power BI)
Company case
Time and location
Tuesdays 26.1.-27.4.2021 at 9-15
Learning materials and recommended literature
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.
Co-operation with working life and/or RDI
Software used on this study unit: MS Excel, Invest for Excel (Datapartner) and MS Power BI.
Company contact: TBA
Important dates
Introduction and start of the study unit 26.1.2021 at 9-15 in Zoom
Student workload
10 ECTS = 270 hours of student work (1 ECTS = 27 hours)
Content and scheduling
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
Further information
This course is also recommended for students in the Finnish programmes.
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)
Evaluation scale
H-5