Profitable Tourism Company (5 cr)

Evaluation scale

0 - 5

Content scheduling

Talouden hallinta ja analysointi
Kannattavan liiketoiminnan suunnittelu
Kustannukset ja hinnoittelu
Budjetointi
Investointien kannattavuuden suunnittelu

Objective

The students will be able to compile and use accounting skills, as well as financial and profitability
calculations to support business management and leadership decision-making. The students will be
proficient in measuring, analysing, reporting and monitoring business results.

Content

Financial management and bookkeeping
Financial statement and reporting analysis
Evaluating return on investments
Profitability planning in different tourism and nutrition companies
Balanced scorecard
Measuring and analysing financial results

Materials

Selander K., & Valli V. 2007. Hinnoittelu ja kannattavuus matkailu- ja ravitsemisalalla. Sanoma Pro Oy.

Jomakka R., Koivusalo K., Lappalainen J. & Niskanen M. 2021. Laskentatoimi. Edita.

Ikäheimo S., Malmi T. & Walden R. 2019. Yrityksen laskentatoimi. Alma Talent Oy.

Niskavaara E. 2017. Yritystaloudtta esimiehille. Alma Talent Oy.

Teaching methods

Luennot ja harjoitukset

Assessment criteria, satisfactory (1)

The students know the accounting methods used in profitability planning and management and can
use them under supervision. They participate in group activities.

Assessment criteria, good (3)

The students are able to apply accounting methods for use in planning and managing profitability
and can use them independently in their work. They participate actively to achieve common goals in
groups and teams.

Assessment criteria, excellent (5)

The students are able to plan profitable business operations using accounting methods. They can
independently use financial monitoring techniques and models, assessing them critically and can
work to develop a group or team and create team spirit.