Study Guide

Objective

After completing the course, the student is able to:

-understand the basics in cost accounting methods and processes for different types of organizations.
-use management accounting reporting for decision making in an organization
-take responsibility for one's own actions and work according to jointly agreed principles and measures

Content

- Principles, processes and tools of management accounting.
- The organisation and management accounting.
- Direct and indirect costs, fixed and variable costs, overheads, CVP cost variance analysis, Activity-based accounting (ABC).
- Cases.

Location and time

Campus Åbo, Henrikinkatu 7, Turku.
Online course. Hopefully also classroom.

Materials

To be communicated at course kick-off.

Teaching methods

Introductions
Themes
Discussions in teams
Assignments gone through during the sessions
Home work
Literature studies
Home exams; two assignments - one individual and one team assignment.

Employer connections

The course is carried out in an international atmosphere. Good possibilities of networking.

Exam schedules

Home exams and presentation/s.

Student workload

5 ECTS = 5 x 27= 135 working hours divided in about 15 contact hours, 50 hours literature studies and estimated 70 hours working with mainly the two assignments.

Content scheduling

Contact sessions:

Friday 8.10.2021 at 8.30 - 12.00
Saturday 9.10.2021 at 8.30 - 12.00
Friday 12.11.2021 at 8.30 - 12.00
Saturday 13.11.2021 at 8.30 - 12.00

Further information

The course is aimed for students of Master's degree programme in Service Design, and other MBA students.

Dr. Thomas Finne is the responsible teacher.

Evaluation scale

H-5

Assessment criteria, satisfactory (1)

Group report handed in and presented, and the KLN handed in. Both at an approvable level of quality. Student's activity at an accetable level.

Assessment criteria, good (3)

Good work input overall: Group report handed in and presented. KLN handed in. Both of high quality. Good activity in the class, e.g. at the discussions and presentations.

Assessment criteria, excellent (5)

Exceptional quality overall: the written reports, presentations, student's activity.

Assessment criteria, approved/failed

A report / reports not handed in or an unacceptable level of quality (including usually missed DLs) of the reports and/or presentations. None activity during classes.

Assessment methods and criteria

Will be communicated and potentially updated when the assignment is handed out:

• Part 1: Individual Assignment. Of full exam 50% Key-Learning Note (KLN). Deadline: To be communicated at kick-off. Weight 50% preliminary, to be discussed and confirmed.

• Part 2: Team Assignment. Of full exam 50%. Case to be handed out later on. Group-work of two-three students. See coming separate Instructions. Deadline: To be communicated at kick-off. Weight 50% preliminary, to be discussed and confirmed.

Assessment criteria, fail (0)

A Report / Reports not handed in or an unacceptable level of quality (including usually missed DLs) of the reports and/or presentations. None activity during classes.

Assessment criteria, satisfactory (1-2)

Group report handed in and presented, and the KLN handed in. Both at an approvable level of quality. Student's activity at an accetable level.

Assessment criteria, good (3-4)

Good work input overall: Group report handed in and presented. KLN handed in. Both of high quality. Good activity in the class, e.g. at the discussions and presentations.

Assessment criteria, excellent (5)

Exceptional quality overall: the written Reports, presentations, student's activity.

Qualifications

The course is aimed for Master level students.