Management Accounting and Control in Service (5 cr)
Code: A9305-3007
General information
- Enrollment
-
13.12.2022 - 09.01.2023
Registration for the implementation has ended.
- Timing
-
28.02.2023 - 28.04.2023
Implementation has ended.
- Number of ECTS credits allocated
- 5 cr
- Local portion
- 0 cr
- Virtual proportion
- 5 cr
- RDI proportion
- 2 cr
- Mode of delivery
- Distance learning
- Campus
- Laurea Virtual Campus
- Teaching languages
- English
- Seats
- 40 - 50
- Degree programmes
- Complementary competence, master’s studies in English (CYJ2), Generic studies
- Teachers
- Kaija Koivusalo
- Teacher in charge
- Kaija Koivusalo
- Scheduling groups
- Avoin AMK (Size: 5 . Open UAS : 5.)
- Small groups
- Avoin AMK
- Study unit
- A9305
Learning outcomes
The student is able to
- explain the importance of cost accounting and budgeting for decision making
- use key performance indicators in the service development context
- analyse customer profitability
- develop value-based pricing
Location and time
Online Zoom sessions:
Tuesday 28.2. at 16.30-19.30
Tuesday 14.3. at 16.30-19.30
Tuesday 25.4. at 16.30-19.30
Thursday 27.4. at 16.30-19.30
Materials
Suggestions, Management Accounting books:
Drury, Colin. Management and Cost Accounting
Gowthorpe, Catherine. Management accounting
Atrill, Peter. Accounting and finance for non-specialists.
Find books on Management Accounting (not Financial Accounting). You need a basic book on management accounting for the orientation and module 1 assignments.
Articles, videos and podcast links will be given when the course starts.
Teaching methods
This course includes Zoom sessions, individual Excel assignments, writing and essay, and team work on a chosen topic.
Student workload
5 ECTS = 135 hours of student work
The course is divided into five modules. Estimated time required:
1. Orientation and Introduction to Management Accounting: 10 hours
2. Cost Accounting and Pricing (Excel assignments and discussion): 15 hours
3. Budgeting and Control (Excel budgets for case company): 35 hours
4. Essay: 40 hours
5. Team work, presentation, peer review: 35 hours
Content scheduling
28.2. at 16.30-19.30 Orientation, management accounting basics, info about the assignments
14.3. at 16.30-19.30 Cost accounting, Budgeting
25.4. at 16.30-19.30 Workshop
27.4. at 16.30-19.30 Team presentations
Evaluation scale
H-5
Further information
This accounting course is for students studying in different master's programmes. Students who have no background in accounting are also welcome. This course is about learning to "speak the language of accounting" which is the language of the management.
You will learn to explain the importance of cost accounting and budgeting for decision making, and you will learn to make Excel budgets for a small company.You will learn about different key performance indicators in the service development context, how customer profitability can be analysed, and you will develop your skills in cost accounting and pricing.