Management Accounting (5 cr)

Evaluation scale

H-5

Schedule

days, times and classroom will be updated

Implementation methods, demonstration and Work&Study

1) Course implementation methods: contact, online and blended sessions, Lectures, team discussions, exercises using different tools, improve excell skills, we study real business cases, guest speakers and more.
2) If you already know the competence objectives of this course, you can show your skills. Ask the teacher for more information about the course. More information on competence identification: https://www.haaga-helia.fi/fi/osaamisen-tunnistaminen-ja-work-study"

Intro

After completing this course, you will understand the central role of Management accounting as part of the company's management system.
During the studies, we will learn different ways of producing essential information for the decision-making for the management of the company, taking into account sustainable development and utilizing the basic principles of service design, where applicable.
The aim of the course is to bring together the most important competences in management accounting, which will benefit both the future expert/service professional in the topic and the student focusing on other orientations.

During the course, you will learn the basics of financial communication and how you will be able to communicate more efficiently, taking into account the different stakeholders of the company.

Materials

We use the Lectures, ebook, quizzes, xls exercises.
Book Horngren’s Financial & Managerial Accounting. seventh edition. This book will be available as ebook. From the library also you can read Managerial Accounting, forth edition by Karen Wilen Braun and Wendy M. Tietz
We dont cover all chapters, more information is provided in moodle.

Teaching methods and instruction

With engaging lessons, practical exercises, and real-world case studies, this course will ignite your passion for finance and equip you with the tools to make informed business decisions.

Working life connections

Mastering Managerial Accounting is a game-changer for your professional life. The skills and knowledge gained from this course will have a direct impact on your ability to excel in the workplace. Understanding financial management and decision-making is essential in any business setting, as it allows you to contribute to strategic planning, budgeting, and resource allocation. By applying managerial accounting techniques ethically and effectively, you'll be equipped to analyze financial data, assess profitability, and provide valuable insights for informed decision-making. Moreover, the importance of working capital management cannot be understated, as it directly impacts a company's liquidity and operational efficiency. By honing these skills, you'll become an invaluable asset to any organization, ready to make a meaningful impact on its success and advancement. Don't miss this opportunity to enhance your working life and unlock new career opportunities with Managerial Accounting expertise

Exam dates and re-exam possibilities

Completion of quizzes according to course deadlines.

Internationality

We use international sources, international guest speakers and international business cases

Completion alternatives

recongition of prior learning. If you believe you already have the knowledge to pass this course, contact the teacher and discuss on a presentation and assignment to get the credits.

Learning assignments

Practise exercises and quizzes for each chapter.

Assessment methods

Attendance : 20%
Quizzes and exercises in moodle : 80%