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Business Control (10 cr)

Code: R0344-3007

General information


Enrollment
28.11.2022 - 15.01.2023
Registration for the implementation has ended.
Timing
23.01.2023 - 31.05.2023
Implementation has ended.
Number of ECTS credits allocated
10 cr
Local portion
6 cr
Virtual proportion
4 cr
RDI proportion
4 cr
Mode of delivery
Blended learning
Campus
Laurea Leppävaara
Teaching languages
English
Seats
20 - 40
Degree programmes
Laurea täydentävä osaaminen, amk-tutkinto (TOH2), Kauppa, hallinto ja oikeustieteet
Teachers
Katja Suonperä
Seppo Luode
Sari Jääskeläinen
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

Location and time

Teaching sessions on Mondays or Wednesdays 23.1.-24.4. at 9-15
Laurea international week 20.-24.3.: international guest lectures
Project work: possibility to join international intensive week in Jade UAS, Wilhelmshaven, 22.-26.5.
Company visits in Helsinki capital area

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 contacts

Employer connections

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

Exam schedules

Introduction and start of the study unit 23.1.2023 at 9 am.

International connections

This study unit is suitable for exchange students.

Completion alternatives

Project work: possibility to join international intensive week in Jade UAS, Wilhelmshaven, 22.-26.5. and include this project as part of the course.

Student workload

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

Content scheduling

Students deepen their competence in management accounting and financial planning and control: financial analysis (KPIs), budgeting and control, cost accounting, capital budgeting decisions (Invest for Excel) and information systems which support decision making (Power BI).

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.

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