Study Guide

Objective

The students will know the meaning of profitability and learn how to make calculations required by managers for planning, decision-making and control.

Content

General terms and aims in management accounting
Economic balance: profitability, liquidity and solidity
Cost-volume-profit analysis
Long-term calculations, investments
Budgeting
Cost accounting
Activity based costing

Location and time

20.1.-19.5.2025
TAITO1 building in Kajaani Campus
Check out your schedule the precise classroom and time

Materials

Material provided by teacher (in Reppu)
Literature and other material appointed in the beginning of the course

Teaching methods

Classroom teaching
Team work
Independent studying
Presentations
RealGAME Business Simulation

Exam schedules

To be updated..

Student workload

Classroom working 45 hours
Independent studying 90 hours

Content scheduling

Management Accounting - General terms and objectives
Company's financial health: Profitability, liquidity and solidity
Cost-volume-profit analysis
Long-term calculations, investments
Budgeting
Cost accounting
Activity based costing

Evaluation scale

0 - 5

Assessment criteria, excellent (5)

Student can interpret and make use of management accounting theory.
Student can independently compile demanding profitability planning and control related calculations.
Student can develop their group and team and create a good working atmosphere.

Assessment criteria, good (3)

Student can interpret management accounting theory.
Student can compile demanding profitability planning and control related calculations.
Student participates in the work of their groups or teams to attain common goals.

Assessment criteria, satisfactory (1)

Student is aware of management accounting theory.
Student Can compile demanding profitability planning and control related calculations under supervision.
Student participates in group (classroom) activities.

Assessment methods and criteria

Assessment methods
1. exam 1/3 (33 %)
2. exam 1/3 (33 %)
Team work 1/3 (33 %)