Management Accounting and Control in Service (5 cr)
Code: C-02629-A9305-3009
General information
- Enrollment
-
25.11.2024 - 03.02.2025
Registration for the implementation has ended.
- Timing
-
10.02.2025 - 30.04.2025
Implementation has ended.
- Number of ECTS credits allocated
- 5 cr
- Institution
- Laurea University of Applied Sciences, Laurea Verkkokampus
- Teaching languages
- English
- Seats
- 0 - 10
- Course
- C-02629-A9305
Evaluation scale
H-5
Content scheduling
1 Orientation, management accounting basics, info about the assignments on cost accounting and budgeting 2 Workshop Cost accounting 3 Workshop Budgeting 4 Team presentations
Objective
The student is able to - explain the importance of cost accounting and budgeting for decision making - use key performance indicators in the service development context - analyse customer profitability - develop value-based pricing
Location and time
Online Zoom sessions:
Materials
Suggestions, Management Accounting books: Drury, Colin. Management and Cost Accounting Gowthorpe, Catherine. Management accounting Atrill, Peter. Accounting and finance for non-specialists. Find books on Management Accounting (not Financial Accounting). You need a basic book on management accounting for the orientation and module 1 assignments. Articles, videos and podcast links will be given when the course starts.
Teaching methods
This course includes Zoom sessions, individual Excel assignments, and team work on a chosen topic.
Student workload
5 ECTS = 135 hours of student work The course is divided into five modules. Estimated time required: 1. Orientation and Introduction to Management Accounting: 10 hours 2. Cost Accounting and Pricing (Excel assignments and discussion): 15 hours 3. Budgeting and Control (Excel budgets for case company): 35 hours 4. Essay: 40 hours 5. Team work, presentation, peer review: 35 hours