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Management Accounting and Budgeting (5 cr)

Code: FEK22FFO04-3006

General information


Enrollment

15.06.2024 - 15.09.2024

Timing

02.09.2024 - 27.10.2024

Number of ECTS credits allocated

5 op

Mode of delivery

Contact teaching

Unit

Faculty of Business

Teaching languages

  • Svenska

Degree programmes

  • Degree Programme in Business Administration

Teachers

  • Rolf Gammals

Groups

  • FEK24D-Å
    Tradenom (YH), h24, 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