Business Control (10cr)
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
Teaching methods
Lectures and workshops
Independent work using software (Excel, Invest for Excel, Power BI)
Company contacts
Time and location
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
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.
Alternative completion methods of implementation
Project work: possibility to join international intensive week in Jade UAS, Wilhelmshaven, 22.-26.5. and include this project as part of the course.
Co-operation with working life and/or RDI
Software used on this study unit: MS Excel, Invest for Excel (Datapartner) and MS Power BI.
Important dates
Introduction and start of the study unit 23.1.2023 at 9 am.
Forms of internationality
This study unit is suitable for exchange students.
Student workload
10 ECTS = 270 hours of student work (1 ECTS = 27 hours)
Content and 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).
Further information
This course is also recommended for students in the Finnish programmes. However this course overlaps with the course "Talousohjaus" offered in Finnish.
Evaluation scale
H-5