Managerial AccountingLaajuus (5 cr)

Objective

The students master the basics of strategic development and management by results and apply managerial accounting to them to support decision-making. They can apply the performance indicators supporting the implementation of strategies in their managerial work. They understand and can assess the different approaches of national and global accounting and the significance of reporting for the success of the work community. They master different analysis tools and new sources of internal and external information.

Content

The strategic development process, management by results, managerial accounting, development prospects, needs for experts in technology. The connection between financial management and customer relationship management. Product-specific cost accounting. Analysing cost-effectiveness. Capital management. Investment planning. Result planning. Identification of innovative development ideas for managerial reporting and the utilization of reports.

Qualifications

Mastery of the basics of accounting

Assessment criteria, satisfactory (1)

Excellent (5): Expert in developing a special area of the industry.
Mastery of a multidisciplinary knowledge base and ability to critically assess knowledge in the area of expertise.
Innovative integration of the knowledge of different fields in order to develop new knowledge and practices.
Ability to manage and reform organizational policies and take responsibility for developing the professional field and for the strategic evaluation of operations.
Good (3-4): Expert in developing the organization.
Advanced specialized knowledge of the area of expertise and its connections to the knowledge of other fields.
Specialized problem-solving skills to develop new knowledge and practices.
Ability to manage and reform the policies of the work community and take responsibility for developing professional practices.
Satisfactory (1-2): Developing expert.
Partly specialized knowledge of the area of expertise.
Specialized problem-solving skills to develop new practices
Ability to manage and reform the policies of the team and take responsibility for developing professional practices.