Management Accounting and Control in Service (5 op)

Tavoitteet

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

Aika ja paikka

Online Zoom sessions:

Oppimateriaali ja suositeltava kirjallisuus

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.

Toteutustapa

This course includes Zoom sessions, individual Excel assignments, and team work on a chosen topic.

Opiskelijan ajankäyttö ja kuormitus

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

Sisältö ja sen jaksotus

1 Orientation, management accounting basics, info about the assignments on cost accounting and budgeting
2 Workshop Cost accounting
3 Workshop Budgeting
4 Team presentations

Arviointiasteikko

H-5

Lisätiedot

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.