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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

01.10.2024 - 31.10.2024

Timing

13.01.2025 - 30.04.2025

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
  • IENS23
    Engineer, Energy and Environmental Engineering, Full-Time Studies, Fall, 2023

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

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
  • IENS22
    Engineer, 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