Opinto-opas

Objective

The student will be able to understand the importance of information provided by management accounting in decision making. Costing methods, such as total costing and activity-based costing, will be compared and contrasted, such that their impact on pricing and strategy is highlighted. The student is able to create a budget for management planning. The student is able to perform profitability analysis. The student understands the components of working capital. The student is able to analyse capital expenditure projects.

Content

- Working capital management
- Cost accounting
- Budgeting
- Profitability analysis and pricing
- Capital budgeting

Evaluation scale

0-5

Assessment criteria, satisfactory (1)

Sufficient performance:
showing just enough understanding of the subject to merit a pass grade but requiring greater effort to achieve a more satisfactory result

Assessment criteria, good (3)

Good performance:
showing strong understanding of basic concepts and good grasp of techniques, but with certain minor problems still requiring further attention

Assessment criteria, excellent (5)

Excellent performance:
not only fulfils all standard requirements but demonstrates originality and imagination

Assessment criteria, approved/failed

Not applicable

Further information

Tuition in English