Cost Accounting and Profitability CalculationLaajuus (5 cr)
Code: IE10024
Credits
5 op
Teaching language
- Finnish
Responsible person
- Seppo Kainulainen
Objective
Understand the profitability of a business. Calculate profit margins by outlining costs and revenue. Calculate the price of a service or product. Understand the role of profit margins within internal accounting. Command cost and profit margin calculations and apply these calculations for a new business.
Content
The main contents of the course include:
- Business profitability
- Calculation of profit margins
- Cost calculations for services and products
- Cost calculations and budgeting
- Calculation of profitability and sensitivity analysis for investments
Enrollment
01.10.2023 - 31.10.2023
Timing
22.01.2024 - 26.04.2024
Number of ECTS credits allocated
5 op
Mode of delivery
Contact teaching
Campus
Wärtsilä Campus Karjalankatu 3
Teaching languages
- Finnish
Seats
20 - 50
Degree programmes
- Degree Programme in Energy and Environmental Engineering
Teachers
- Seppo Kainulainen
Teacher in charge
Seppo Kainulainen
Groups
-
IENS22Engineer, Energy and Environmental Engineering, Full-Time Studies, Fall, 2022
Objective
Understand the profitability of a business. Calculate profit margins by outlining costs and revenue. Calculate the price of a service or product. Understand the role of profit margins within internal accounting. Command cost and profit margin calculations and apply these calculations for a new business.
Content
The main contents of the course include:
- Business profitability
- Calculation of profit margins
- Cost calculations for services and products
- Cost calculations and budgeting
- Calculation of profitability and sensitivity analysis for investments
Evaluation scale
H-5