Management Accounting Methods (5 cr)

Evaluation scale

0-5

Objective

The object of the course
After completing the course, you master the essentials of the basic concepts and theories of internal accounting.

Course competences
Proactive development
Business competence

The learning objectives of the course
During this course, you will study various kinds of methods of internal accounting. You are familiar with the basic concepts of operational accounting and cost accounting and the companies’ internal accounting needs. You understand the use of operational accounting in the management of business operations and are able to produce calculations for operational accounting.

Content

During the course, financial control, management accounting, calculation systems, revenue and cost concepts, break-even calculation, capital costs, inventories and their valuation, cost type and cost centre accounting, rollover, performance-based costing, calculus, process costing, equivalence costing, job order costing, standard costing and activity-based costing will be discussed.

Location and time

Opintojakson aikataulu on 30.8.2021 - 13.12.2021.
Opintojakso toteutetaan pääosin kontaktiopetuksena.

Materials

Järvenpää, M., Partanen V. & Pellinen J. 2015. Talousohjaus ja kustannuslaskenta. WSOY.

Teaching methods

Opetus toteutetaan pääosin lähikontaktina. Osa luennoista voidaan pitää myös verkossa. Opintojaksoon kuuluu etätehtäviä.

Exam schedules

Loppukoe opintojakson päättyessä. Kaksi uusintakoetta Exam-studiossa tai verkossa.

Completion alternatives

Hyväksilukeminen (korvaaminen ja sisällyttäminen)
Muulla tavoin hankitun osaamisen tunnistaminen ja tunnustaminen
Opinnollistaminen
Tarkemmat ohjeet löytyvät tutkintosäännöstä ja opinto-oppaasta.

Student workload

Lectures 27, Virtual study 54 h, Independent study 54 h

Assessment criteria, satisfactory (1)

Adequate 1
You are familiar with the basic concepts of operational accounting and cost accounting and the companies’ internal accounting needs. You understand the use of operational accounting in the management of business operations and are able to produce calculations for operational accounting under guidance.

Satisfactory 2
You are familiar with the basic concepts of operational accounting and cost accounting and the companies’ internal accounting needs and are able to apply them in different kinds of internal accounting situations. You understand the use of operational accounting in the management of business operations and are able to produce calculations for operational accounting under guidance and seek advice where necessary.

Assessment criteria, good (3)

Good 3
You are familiar with the basic concepts of operational accounting and cost accounting and the companies’ internal accounting needs. You understand the use of operational accounting in the management of business operations and are able to independently produce calculations for operational accounting.

Very Good 4
You are familiar with the basic concepts of operational accounting and cost accounting and the companies’ internal accounting needs. You understand the use of operational accounting in the management of business operations and are able to independently produce complex calculations for operational accounting.

Assessment criteria, excellent (5)

Excellent 5
You have comprehensive knowledge of the basic concepts of operational accounting and cost accounting and the companies’ internal accounting needs. You understand the use of operational accounting in the management of business operations, are able to independently produce complex calculations for operational accounting and are able to take responsibility for the correctness of the calculations.

Qualifications

-

Further information

The course can be accomplished as distance studies excluding the exam. The course is compulsory for the students belonging to Business Control specialization within accounting studies.