Costing and Bookkeeping (5 cr)

Evaluation scale

H-5

Content scheduling

Yrityksen kustannuslaskennan keskeiset keinot ja ongelmat. Kirjanpidon perusteet ja tilinpäätösten tarkastelu.

Objective

Student can:

•Recognize basic problems in costing and find solutions for them

•Apply different solutions regarding material, work and capital costs

•Allocate costs to different cost pools

•Recognize different cost structures in different products

•Utilize costing methods in allocation of products´ costs to different pools

•Formalize prices profitably by using knowledge regarding cost structures

•Create basic budget

•basics of bookkeeping of a company including the financial statement

Content

•Basics of costing
•Material, work and capital costs
•Cost pools
•Cost structures
•Process costing
•Job order costing
•Activity based costing
•Pricing by costing
•Basics of budgeting
•Basics of Bookkeeping
•Financial Statement

Materials

Material electronically on a learning platform. Appropriate source literature, for example, Management Accounting (Neilimo), Company Accounting (Ikäheimo, Lounasmeri, Walden) or Accounting (Jormakka).

Teaching methods

Lectures, assignments, cases and exam

Exam schedules

Agreed at the beginning of the course.

Pedagogic approaches and sustainable development

Innopeda, student-centered learning.

Completion alternatives

Possible exam arrangements, to be agreed separately if possible.

Student workload

Literature studies, meaningful participation in lectures and assignments. Assignments are given both orally and in writing during lectures. All assignments will be returned, which is a prerequisite for receiving a grade. At the end of the implementation, a self-assessment and possible group assessments are carried out, which must be done and returned in order to receive a grade.
Implementation may include a business assignment or assignments
Estimated workload
• 135 hours of work

Evaluation methods and criteria

Course attendance and activity, quality of returned course assignments, examination

Failed (0)

All tasks and/or Cases have not been made or returned. The summed up result for the assignments does not exceed 50% of the total score.

Assessment criteria, satisfactory (1-2)

All Tasks and Case(s) Made and Returned. The summed up result of assignments and Case(s) is 50% - 65% of the total score.

Assessment criteria, good (3-4)

All Tasks and Case (s) Made and Returned. The summed up result of assignments and Case(s) is 66% - 85% of the total score.

Assessment criteria, excellent (5)

All Tasks and Case (s) Made and Returned. The summed up result of assignments and Case(s) is 66% - 85% of the total score.

Further information

The final structure of the implementation will be agreed together at the beginning of the implementation. At the end of the implementation, self-assessment and possible group assessment, which are independent assignments / returns. Assignments are given in lectures orally and in writing.