Management AccountingLaajuus (5 cr)

Objective

The students understand management accounting as a tool to improve the operations and the profitability of the organization. They have a deep insight into a management accounting field, its methods, purpose, and possibilities.

Content

The main content includes the basics of financial accounting, cost management concepts, management accounting and decision making, capital budgeting and business planning.

Qualifications

Basis of economics and marketing

Assessment criteria, satisfactory (1)

- Excellent (5) requires active participation and work as well as excellent performance in group works, assignments and exam showing excellent learning results in the competence areas defined above. 90 % of total points.
- Good (3-4) requires participation and work as well as good performance in group works, assignments and exam showing good learning results in the competence areas defined above. 70 - 80 % of total points.
- Satisfactory (1-2) requires participation and work as well as satisfactory performance in group works, assignments and exam showing the satisfactory learning results in the competence areas defined above. 50 - 60 % of total points.