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Management Accounting (5 cr)

Code: 5091178-3010

General information


Enrollment
27.11.2023 - 08.01.2024
Registration for the implementation has ended.
Timing
01.01.2024 - 05.05.2024
Implementation has ended.
Number of ECTS credits allocated
5 cr
Local portion
5 cr
Mode of delivery
Contact learning
Unit
Engineering and Business
Campus
Kupittaa Campus
Teaching languages
English
Degree programmes
Degree Programme in Industrial Management Engineering
Teachers
Jukka Rantala
Groups
PTUTAMS22
PTUTAMS22
Course
5091178

Realization has 7 reservations. Total duration of reservations is 21 h 0 min.

Time Topic Location
Fri 05.04.2024 time 13:00 - 16:00
(3 h 0 min)
Management Accounting 5091178-3010
LEM_B147 Joukahainen muunto
Fri 12.04.2024 time 09:00 - 12:00
(3 h 0 min)
Management Accounting 5091178-3010
LEM_B170 Sampo
Tue 16.04.2024 time 12:00 - 15:00
(3 h 0 min)
Management Accounting 5091178-3010
LEM_B147 Joukahainen muunto
Fri 19.04.2024 time 09:00 - 12:00
(3 h 0 min)
Management Accounting 5091178-3010
LEM_A309 Teoriatila
Tue 23.04.2024 time 09:00 - 12:00
(3 h 0 min)
Management Accounting 5091178-3010
LEM_B147 Joukahainen muunto
Fri 26.04.2024 time 09:00 - 12:00
(3 h 0 min)
Management Accounting 5091178-3010
LEM_A306 Teoriatila
Fri 03.05.2024 time 09:00 - 12:00
(3 h 0 min)
Management Accounting 5091178-3010
ICT_C1039_Sigma SIGMA
Changes to reservations may be possible.

Evaluation scale

H-5

Content scheduling

The aim of the course is to give an overview of business control systems, operational internal accounting and the importance of strategic management accounting in the implementation of a company's strategy.

The student deepens and expands his / her knowledge so that he / she is able to use management methods to assist management in both strategic and operational issues related to profitability analysis, planning, monitoring and decision-making.

Objective

After completing the course, a student can
- describe the differeces between management accounting and financial accounting

- describe the basic problems of accounting

- describe the basic terms of costing

- calculate material, labour and capital costs

- allocate costs to cost centres

- calculate product costs

- utilize contribution margin analysis in various short-term calculations

- set the price to a product

- utilize linear programming

- make investment calculations

- prepare the separate budgets which lead to the main budgets

Content

- classification, assessment and assigment of costs
- contribution margin analysis
- pricing
- short-term alternative calculations
- linear programming
- investment calculations
- budgeting

Materials

The material needed for studying is mainly in the electronic learning environment (ITslearning). Part of the material consists of other literature in the field, magazines and material possibly provided by companies
Literature:
Horngren et al., Introduction to Management Accounting (2008 or later),
Drury C. 2004. Management and Cost Accounting 6th Edition. Thomson Learning. London.
Other electronic literature:
e.g. Bookboon.com

Teaching methods

Lectures, assignments, exploratory learning, cases and exam.

Exam schedules

The final structure of the implementation will be agreed together at the beginning of the implementation.

International connections

Innopeda, Case learning, Problem based 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

Further information

The final structure of the implementation will be agreed together at the beginning of the implementation. Self-assessment and group assessment are independent assignments at the end of implementation.

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