Study Guide

Objective

Students
-know different methods of planning, applying and following up a company´s financial control
-can make different calculations to form the background for decisions
-know different methods of calculation such as cost based, activity based and vale based calculations
-can apply investment calculations for operational decisions
-know the importance of accounting for sustainability and corporate social responsibility

Content

- cost calculations for prime production
- standard cost calculation
- deviation analyzes
- transfer pricing
- investment calculation
- performance measures
- financial management for sustainability

Location and time

Spring 2026
Vasa

Materials

Study materials and recommended literature
Ax, C., Johansson, C., & Kullvén, H. (2015) Den nya Ekonomistyrningen. 4:e upplagan eller nyare. Liber
Other materials assigned by the teacher on Moodle.

Teaching methods

Teaching methods
- Lectures
- Math exercises
- Project work

Employer connections

A guest lecturer from working life with a focus on internal accounting may be arranged.

Exam schedules

Exams for parts 1 and 2 will be announced at the start of the course.
Re-exams will be held via official re-exam opportunities in 2026

Completion alternatives

Assessment methods and bases
- 2 partial exams
- Analysis of degree project in the field of internal accounting
- Exercises

Student workload

60 h of face-to-face teaching with lectures and calculation exercises
20 h of preparation and exercises for face-to-face teaching
25 h of assignments
30 h of preparation for exams
Total 135 h

Evaluation scale

H-5

Assessment criteria, satisfactory (1)

Students have basic knowledge of various methods for planning, applying and monitoring the company's financial management.
Students can make simple calculations for different needs as a basis for decision making.
Students recognise different calculation models such as cost-based, activity-based and value-based calculations.
Students know the importance of accounting for sustainability and corporate social responsibility.

Assessment criteria, good (3)

The student has a good understanding of different methods for planning, applying and monitoring the company's financial management.
The student can provide calculations for different needs as basis for decision making.
The student can calculate simpler calculation models (i.e. cost-based, activity-based and value-based calculations).
Students know how accounting for sustainability and corporate social responsibility is managed and realized in today's society.

Assessment criteria, excellent (5)

Students have in-depth knowledge of various methods for planning, applying and monitoring the company's financial management
Students can execute and present more advanced calculations for different needs as basis for decision making.
Students can present more advanced calculation models (i.e. ost-based, activity-based and value-based calculations).
Students show evidence that they can create and present sustainability and corporate social responsibility reports.

Assessment methods and criteria

- Two partial exams
- Analysis of the degree project in the field of internal accounting and presentation of the analysis

Assessment criteria, fail (0)

Failed (0)
The student does not meet the assessment criteria for at least satisfactory (1).

Assessment criteria, satisfactory (1-2)

Satisfactory-very satisfactory (1-2)
- Students have basic knowledge of different methods for planning, applying and
following up on the company's financial management
- Students can make simpler calculations for different needs as a basis for decisions
- Students are familiar with different calculation models such as cost-based, activity-based and
value-based calculations

Assessment criteria, good (3-4)

Good-extremely good (3-4)
- Students have a good understanding of different methods for planning, applying and monitoring the company's financial management
- Can make calculations for different needs as a basis for decisions
- Can make simpler calculation models (cost-based, activity-based and value-based calculations

Assessment criteria, excellent (5)

Excellent (5)
- Students have in-depth knowledge of different methods for planning, applying and
following up on the company's financial management
- Can make more advanced calculations for different needs as a basis for decisions
- Can make more advanced calculation models (cost-based, activity-based and
value-based calculations)

Qualifications

Management Accounting and Budgeting