Accounting for managersLaajuus (5 cr)

Objective

Student: 1. Understand the importance of financial literacy in the management of operations 2. Analyses key financial management reports and ratios 3. Understands the impact on the company's performance and applies various financial calculations to support decision making. 4. Use key financial planning tools

Content

- the financial skills and duties of a member of staff - key concepts - the link between activities and their financial consequences - the main financial management reports in companies and public administrations - the use of financial reports - profitability - performance reports - key performance indicators - budgeting

Assessment criteria, approved/failed

Accepted assessment criteria (the number refers to the competence objectives mentioned above): 1. The student is able to describe the role of the chaperone as a financial manager and the main financial tasks of the chaperone 2. describe and analyse the main contents of the profit and loss account, the balance sheet and the financial account, including key figures 3. describe the factors affecting performance and be able to use the profit and loss account and the related ratios, calculations and the allocation and supplementary accounts. 4. Describe the main budgets and be able to use budget management

Materials

Oppimateriaali ilmoitetaan Moodlessa.