He/she is able to do profitability planning and financing decisions for small company in a simplistic level. Student is able to calculate indexes, interest calculus, loans, bonds and IRR method in business context.
Student can name the main concepts of profitability planning and finance and knows its meaning for small business
Student deeply understands the meaning of profitability planning and finance for business and can calculate basic calculations with assistance
Student is able to calculate profitability planning and finance calculations for his/her own business idea or given case/company.
Lectures, group work, independent knowledge
Colin Drury: Management and Cost Accounting 9th. (older versions are valid as well) or Cost and Management Accouniting. Chapters are given during first lecture.
Lecture notes and exercises.
- Cost-terms and concepts
- Cost-Volume- Profit analysis
- Cost assignment
- Pricing decisions
- Budjeting - process and control
- Cost management
- Strategic planning and Management control
- Mathematical methods of profitability analysis
Assesment is based on the process and actual skills and knowlegde evaluation. More detailed assessment plan is to be found in Moodle.
Management Accounting: exam and case work ( 0 to 5)
Business Mathematics: assingments (0 to 5)
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