Study Guide

Objective

Upon completion of the course students will be more proficient in exploiting the contribution margin in analysing and forecasting a company’s profitability. The student will be able to calculate a company’s working capital and understand the effects of its components. The student will be able to understand the importance of cash flow calculations and to assess the sufficiency of cash flow. The student will be able to utilize spreadsheet calculations in practical situations and interpret the results

Content

- Contribution margin calculations
- Calculating and managing working capital
- Spreadsheet software

Location and time

Autumn 2023

Materials

Material at Oma

Atrill, McLaney: Management accounting for decision makers. Tenth edition.

Teaching methods

Activating lectures
Guided exercises
Learning tasks
Exam

Further information

The course will be implemented as contact teaching.

Evaluation scale

0-5

Assessment criteria, satisfactory (1)

The student has achieved the course objectives fairly. The student will be able to identify, define and use the course subject area’s concepts and models. The student understands the criteria and principles of the expertise development.

Assessment criteria, good (3)

The student has achieved the course objectives well, even though the knowledge and skills need improvement on some areas. The student is able to define the course concepts and models and are able to justify the analysis. The student is able to apply his/her knowledge in leisure, study and work situations. The student understands the importance of expertise in the field of business and is able to analyze his/her own expertise.

Assessment criteria, excellent (5)

The student has achieved the objectives of the course with excellent marks. The student masters commendably the course subject area’s concepts and models. The student is able to make justified and fluent analysis and to present concrete development measures. The student is well prepared to apply his/her knowledge in leisure, study and work situations. The student is able to analyze the business sector expertise and the development of his/her own expertise.

Assessment criteria, approved/failed

The student has achieved the course objectives fairly. The student will be able to identify, define and use the course subject area’s concepts and models. The student understands the criteria and principles of the expertise development.

Assessment methods and criteria

Grading the course:

5 total points 90-100%
4 total points 80-89%
3 total points 70-79%
2 total points 60-69%
1 total points 50-49%

The student's completed other task, activity during the course and/or given course feedback can be taken into account as a factor that increases the grade.

Prerequisites

Business Accounting or equivalent competences