Management Accounting and Budgeting (5 cr)
Code: FEK22FFO04-3004
General information
Enrollment
15.06.2023 - 18.09.2023
Timing
04.09.2023 - 22.12.2023
Number of ECTS credits allocated
5 op
Mode of delivery
Contact teaching
Unit
Faculty of Business
Teaching languages
- Finnish
Degree programmes
- Degree Programme in Business Administration
Teachers
- Timo Kerke
Groups
-
FEK23D-ÅTradenom (YH), h23, dagstudier, Åbo
Objective
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
Content
- profitability calculations
- contribution margin calculations
- results chart (break even)
- inventory turnover
- pricing
- profit, liquidity and balance sheet budget and the connection between them
Evaluation scale
H-5
Qualifications
none