Management AccountingLaajuus (5 op)

Osaamistavoitteet

The purpose of this course is to train student’s knowledge and understanding and intellectual skills in management accounting. Active participation and studying on the course will develop student’s skills to
- demonstrate theoretical and conceptual knowledge to identify and analyze business problems in global context (KU1)
- select, analyze, and evaluate business data and information and transform raw data into useful and actionable information (IS1)

According to this perspective, the student knows how to use management accounting information in organizational decision making. He/she understands different management accounting functions and knows how to use applicable management accounting techniques and methods in different situations. The student knows the requirements of profitable business and understands the earnings logic of businesses better.

Sisältö

Basic cost concepts and cost behaviour, absorption costing, activity based costing, marginal costing, pricing, planning and budgeting, capital investment appraisal, financial ratios, financial statement analysis

Esitietovaatimukset

First year courses or Financial Accounting completed

Arviointikriteerit, tyydyttävä (1)

The general criteria of the competences that the Bachelor's Degrees awarded by Finnish Universities of Applied Sciences provide can be found on JAMK's web pages (http://www.jamk.fi/english/forstudents/studyguid e). The learning outcomes of individual courses are assessed in relation to the objectives of the course concerned. Assessment is based on knowledge, skills and competence in accordance with the National and European Qualifications Framework, level 6.

1 (Sufficient): The student knows the basic requirements of conducting profitable business.

2 (Satisfactory): The student has satisfactory knowledge on how to analyze financial statements.

3 (Good): The student can conduct financial statement analysis and investment analysis.

4 (Very good): The student can analyze the cost structure of any product or service using appropriate costing methods.

5 (Excellent): The student utilizes management accounting tools perfectly and provides information-based managerial insights and suggestions for decision-making purposes.