Management Accounting 1: Cost accounting and control (5 ECTS)

Code: TU00DZ54-3001

General information

Enrollment: 30.11.2020 - 10.01.2021; Registration for the implementation has ended.

Timing: 11.01.2021 - 21.03.2021; Implementation has ended.

Number of ECTS credits allocated: 5 ECTS

Mode of delivery: On-campus

Campus: Karaportti 2

Teaching languages: Finnish

Degree programmes: Industrial Management

Teachers: Juha Haimala

Groups: TXQ20S2
Tuotantotalouden tutkinto-ohjelma monimuoto

Course: TU00DZ54

No reservations found for implementation TU00DZ54-3001!

Learning outcomes

The focus of the course is in cost accounting and control. Students know the necessary concepts, principles and methods applied in the field in question. Students are able to define costs and profitability for cost objects.

Content

Cost types
Job costing
Process costing
Hybrid costing
Joint and by-products
Standard costing
Activity based costing
Profitability analysis
Budgeting

Prerequisites

Business economics

Evaluation scale

0-5

Assessment criteria, satisfactory (1)

Students have achieved the course objectives fairly. Students will be able to identify, define and use the course subject area’s central concepts, models and is able to utilise the most common tools. The student understands the criteria and principles of the expertise development

Assessment criteria, good (3)

Students have achieved the course objectives well, even though the knowledge and skills need improvement in some areas. Students know the course concepts and models well and are able to justify their decisions. The students are able to apply their knowledge in new situations. The student understands the importance of expertise in the field of business and is able to analyse his/her own expertise and areas requiring further development.

Assessment criteria, excellent (5)

Students have achieved the objectives of the course with excellent marks. Students master commendably the course subject area’s concepts, models and tools. Students are able to make justified and fluent analysis and to present concrete development measures. The students are well prepared to apply their knowledge in new situations. Students are able to analyse the business sector expertise and the evolvement of their own expertise.