•   Management Accounting and Budgeting FEK22FFO04-3001 13.03.2023-30.04.2023  5 credits  (ÖH22FEK-LED-V, ...) +-
    Competence objectives of the study unit
    The student:
    - understands the role of management accounting in economic planning
    - can calculate basic profitability ratios
    - knows pricing principles
    - understands the role of budgeting in business planning
    - can calculate and analyze profit, liquidity, and balance sheet budgets
    Prerequisites
    none
    Content of the study unit
    - profitability calculations
    - contribution margin calculations
    - results chart (break even)
    - inventory turnover
    - pricing
    - profit, liquidity and balance sheet budget and the connection between them
    Assessment criteria
    Failed (0)
    Does not meet the assessment criteria for steps 1 on the rating scale
    Name of lecturer(s)

    Jörgen Strid

    Learning material

    Ax, Johannson och Kullvén (2021/2015). Den nya ekonomistyrningen. NOTE! Older editions from 2005 onwards can also be used.

    other material referred by the course teacher

    Learning methods

    lectures, projects work, self-studies

    Objects, timing and methods of assessment

    Assessment will be done through both written exams and assignments

    Teaching language

    Swedish

    Timing

    13.03.2023 - 30.04.2023

    Enrollment date range

    01.12.2022 - 13.03.2023

    Group(s)
    • ÖH22FEK-LED-V
    • FEK22D-V
    Responsible unit

    Faculty of Business

    Teachers and responsibilities

    Jörgen Strid

    Degree Programme(s)

    Degree Programme in Business Administration

    Assessment scale

    H-5

    Alternative methods of attainment for implementation

    Exams and assignments

    Practical training and working life co-operation

    Guest lecturer

    Exam dates and retake possibilities

    exam and deadline for assignments as planned in Moodle

    Timing and attendance

    Spring 2023 Vasa: For a schedule, see Peppi

    Student's schedule and workload

    27 hours per credits = 81 hours

    Content scheduling

    profitability calculations cost calculations
    Contribution calculation
    Result diagrams and break even analysis
    inventory turnover
    pricing
    Result, liquidity and balance budget and the connection between these

    Assessment criteria
    Failed (0)

    Does not meet the assessment criteria for steps 1 on the rating scale

    Assessment criteria – satisfactory (1-2)

    Students have basic knowledge of concepts used in internal accounting and budgeting
    Students understand the importance of revenue and cost analyzes for the company's profitability
    Students have an overall picture of the methods that can be used within the company's finances
    planning
    Students have an understanding of the role and implementation of budgeting

    Assessment criteria – good (3-4)

    Students have good knowledge of internal accounting and budgeting and can perform simple calculations
    Students can assess the company's profitability in relation to other companies and can make simpler revenue and cost analyzes
    Students can prepare different types of calculations and budgets as a basis for decision-making in the company

    Assessment criteria – excellent (5)

    Students have in-depth knowledge of internal accounting and budgeting and can perform more advanced calculations
    Students can assess the company's profitability in relation to other companies and can calculate and interpret revenue and cost analyses.
    Students understand factors that affect profitability and the mechanisms behind pricing.
    Students can independently calculate, apply and analyze various calculation models for the company's decision-making