Management Accounting (5 cr)

Evaluation scale

0-5

Objective

The students understand management accounting as a tool to improve the operations and the profitability of the organization. They are able to prepare and analyze profitability calculations in order to support decision making.

EUR-ACE Transferable Skills: Students are capable to work successfully as a member of a team.

TLEEC Economic skills: Students understands economical principles of profitable business.

TLEMA: Logistics management skills: Students understands the role of accounting information in the field of operational management.

YHTTO: Information management skills: Students can recognize relevant information in order to create appropriate profitability calculations.

Content

The need for accounting information. Cost terms and concepts. Cost, volume, profit analysis. Investment calculations.

Materials

Atkinson, A.A., Kaplan R.S., Young, M. (2004)Management Accounting

Completion alternatives

Will be described in the beginning of each implementation and may varies depending on the way of implementation.

Student workload

5 ECTS * 27 hours/ECTS = Total 135 hours.

Assessment criteria, satisfactory (1)

Sufficient (1): Student has gained knowledge of course objectives but face challenges to utilize them in practice.

Satisfactory (2): Student has gained knowledge of course objectives and can utilize them partly in practice.

Assessment criteria, good (3)

Good (3): Student has gained understanding of course objectives and can utilize them in practice.

Very good (4): Student has attained very good level of course objectives and can apply them into practice.

Assessment criteria, excellent (5)

Excellent (5): Student has attained an excellent level of course objectives and can apply them into practice in innovative manner.

Qualifications

-

Further information

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