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Business Control (10 cr)

Code: R0344-3006

General information


Enrollment
29.11.2021 - 02.01.2022
Registration for the implementation has ended.
Timing
17.01.2022 - 28.03.2022
Implementation has ended.
Number of ECTS credits allocated
10 cr
Local portion
8 cr
Virtual proportion
2 cr
RDI proportion
2 cr
Mode of delivery
Blended 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
Katja Suonperä
Anniina Vänskä
Kaija Koivusalo
Teacher in charge
Kaija Koivusalo
Scheduling groups
Pienryhmä 1 (Size: 10 . Open UAS : 10.)
Small groups
Pienryhmä 1
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

Location and time

Mondays 17.1.-28.3.2022 at 9-15

Materials

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.

Teaching methods

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

Employer connections

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.

Exam schedules

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

International connections

This study unit is suitable for exchange students.

Student workload

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

Content 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

Evaluation scale

H-5

Further information

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.

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