Management Accounting and Financial StreeringLaajuus (5 ECTS)

Objective

Student will get familiar with different methods of cost benefit calculations. He or she will command the principles of core components of budgeting and staff balance sheet (?). The student will know basic methods for investment calculations. Additionally the student will be able to use different calculation methods in corporate economic steering and as a part of management reporting.
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The student is able to use various methods within cost and investment calculations and create and interpret reports for the corporate executive. During the course of this section team working, problem solving and analytical skills are being developed

Content

Methods of management accounting, Corporate sub budgets, main budgets, budget comparisons, report analysis, calculation methods when steering corporate economic performance and as a part of management reporting, investment calculations in preparing alternative investment proposals,
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Standarcost accounting, various areas of cost calculations, accounting as a part of management reporting and corporation information system.