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Costing and Bookkeeping (5 cr)

Code: TE00CN87-3002

General information


Enrollment
02.08.2025 - 31.08.2025
Registration for introductions has not started yet.
Timing
01.09.2025 - 19.12.2025
The implementation has not yet started.
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
Seats
30 - 45
Degree programmes
Degree Programme in Industrial Management and Engineering
Teachers
Jukka Rantala
Groups
PIMEK25
Industrial Management and Engineering K2024
ExchangeIECS25
Exchange IECS 25
Course
TE00CN87

Realization has 14 reservations. Total duration of reservations is 42 h 0 min.

Time Topic Location
Tue 02.09.2025 time 12:00 - 15:00
(3 h 0 min)
Costing and Bookkeeping TE00CN87-3002
ICT_C2027 IT-tila - telakka
Mon 08.09.2025 time 14:00 - 17:00
(3 h 0 min)
Costing and Bookkeeping TE00CN87-3002
ICT_C2046 Teoriatila muunto
Wed 17.09.2025 time 12:00 - 15:00
(3 h 0 min)
Costing and Bookkeeping TE00CN87-3002
EDU_3003 Matias muunto byod
Thu 25.09.2025 time 13:00 - 16:00
(3 h 0 min)
Costing and Bookkeeping TE00CN87-3002
EDU_2006_2007 Oppimistila avo muunto byod
Thu 02.10.2025 time 14:00 - 17:00
(3 h 0 min)
Costing and Bookkeeping TE00CN87-3002
EDU_4071 Oppimistila muunto byod
Mon 06.10.2025 time 11:00 - 14:00
(3 h 0 min)
Costing and Bookkeeping TE00CN87-3002
Wed 22.10.2025 time 13:00 - 16:00
(3 h 0 min)
Costing and Bookkeeping TE00CN87-3002
EDU_4071 Oppimistila muunto byod
Thu 30.10.2025 time 14:00 - 17:00
(3 h 0 min)
Costing and Bookkeeping TE00CN87-3002
ICT_C3044 Teoriatila muunto
Thu 06.11.2025 time 10:00 - 13:00
(3 h 0 min)
Costing and Bookkeeping TE00CN87-3002
EDU_3003 Matias muunto byod
Wed 12.11.2025 time 13:00 - 16:00
(3 h 0 min)
Costing and Bookkeeping TE00CN87-3002
EDU_3003 Matias muunto byod
Wed 19.11.2025 time 14:00 - 17:00
(3 h 0 min)
Costing and Bookkeeping TE00CN87-3002
EDU_3003 Matias muunto byod
Thu 27.11.2025 time 08:00 - 11:00
(3 h 0 min)
Costing and Bookkeeping TE00CN87-3002
EDU_3029 Lovisa muunto byod
Wed 03.12.2025 time 12:00 - 15:00
(3 h 0 min)
Costing and Bookkeeping TE00CN87-3002
EDU_3003 Matias muunto byod
Mon 08.12.2025 time 12:00 - 15:00
(3 h 0 min)
Costing and Bookkeeping TE00CN87-3002
ICT_C2046 Teoriatila muunto
Changes to reservations may be possible.

Evaluation scale

H-5

Content scheduling

The main means and problems of company cost accounting. Basics of accounting and review of financial statements.

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

The material is available on the electronic learning platform, which is IT's Learning. Suitable source literature is Management and Cost Accounting (Bhimani A. et al.) or Management and Cost Accounting (Drury C.).

Teaching methods

Lectures, assignments, cases and possible company assignments.

Exam schedules

The details of the implementation are agreed together at the beginning of the implementation, in connection with the review of the implementation plan during the first lecture (e.g. about the possible exam implementation method and schedule).

Pedagogic approaches and sustainable development

Problem-based learning includes an ESG perspective. The study is carried out student-oriented.

Completion alternatives

No optional execution method.

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
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. The implementation may include business assignments.

Evaluation methods and criteria

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

Failed (0)

Not all assignments and/or tests have been completed or returned. The combined result of the assignments does not exceed 50% of the total score. An empty/invalid document or file is interpreted as a return.

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) exceeds 85% of the total score.

Further information

The communication channel is agreed at the beginning of the implementation.

The implementation may include assignments given by companies or Turku University of Applied Sciences, which may require deviations from the content of this implementation plan. Separate descriptions of possible assignments before starting the assignments.

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.

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