Management Accounting (5 cr)

Objective

The student will be able to interpret the financial statement for a company and will be familiar of the basic concepts of cost accounting. Student understands what the role of Business Controller in organizations is and can create a budget. Student understands connection between strategy and performance indicators and understands importance of sustainability reporting.

Content

Interpretation of the Financial Statement
Concept of Cost Accounting
Profitability Calculations
Budgeting
Work role of the Business Controller
Performance Measurements and Indicators
Sustainability Reporting

This course is aimed for one that has immigration background and speaks Finnish in B1-level. Teaching in slow, plain Finnish (called selkosuomi). Lectures are at the day-time and requires active participation. Course requires a lot of time used outside the classroom. Studying requires accounting skills, previous education or work experience.

Location and time

On-site at the Myyrmäki campus.

Materials

E-books, articles, and resources will be published at the beginning of the course on the course homepage. Please follow OMA throughout the course: documents, slides, and assignments will be added there.

Teaching methods

This course is aimed for one that has immigration background and speaks Finnish in B1-level. Teaching in slow, plain Finnish (called selkosuomi). Lectures are at the day-time and requires active participation. Course requires a lot of time used outside the classroom. Studying requires accounting skills, previous education or work experience.

Employer connections

Work-life representatives

Exam schedules

Assessment will be based on assignments, quizzes and participation. Please make sure to follow the deadlines for assignments and quizzes closely from the beginning of the course.

International connections

Participating students mostly have international background

Completion alternatives

Discuss alternative arrangement with course lead lecturer

Student workload

Weekly assignments require independent time management, familiarization with the subject, and preparation for lectures. Consistent effort is needed, as the workload does not accumulate toward the end of the course.

Content scheduling

Will start with the basics and progress to more advanced topics.

Further information

This course is aimed for one that has immigration background and speaks Finnish in B1-level.

Evaluation scale

Hyväksytty/Hylätty

Assessment criteria, approved/failed

The student has achieved the course objectives. 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

The course is based on independent assignments, quizzes, and active participation.