Management Accounting 1

You will become familiar with management accounting methods and learn the importance of cost-consciousness in different decision-making situations. You will learn to produce calculations that guide operations in both the short and long term, as well as to identify and develop key business processes.

24.8.2026 - 18.12.2026

5 cr

Registration period closed

The goal of the course is to give you basic information about cost accounting and its different methods. The course covers the theory and practices of cost accounting as well as various cost accounting methods and systems. You familiarize yourself with the concepts of cost types, cost centers and cost calculations and apply them to practical examples. In addition, the course introduces you to process management and digitalization, as well as covers the importance of automation in business. Activity-based-costing and activity-based-management, including customer, project, and process analysis, are also key topics, as well as inventory and its valuation and depreciation.

Contains

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Additional information and registration

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Additional information:

Fields

Business, administration and law

Scope

5 cr

Code

HL00CA71

The object of the course
In the course, you become familiar with various management accounting methods. The object of the course is that you recognize the basic concepts of management accounting and cost accounting and the needs of companies' management accounting. You understand the principles of cost accounting and evaluate the importance of costs in different decision-making situations in the short and long term.

Course competences
Proactive development - Student is able to seek customer-oriented, sustainable and economically viable solutions, anticipating the future of the respective field.
Operating in a workplace - Student utilizes the opportunities offered by technology and digitalization in own work.
Business competence - Student is able to utilise knowledge-driven leadership to support decision-making.

The learning objectives of the course
You understand the importance of management accounting in business management, and you produce calculations for the company's internal use to support management decision-making. During the course, you apply theoretical concepts with the help of practical examples and develop your calculation skills, such as using different calculation models and methods to assess the financial situation of a company and predict the future. You review and analyze business-related processes and present development suggestions for them.

Organiser

Jamk University of Applied Sciences

Belongs to themes:

Sustainable development and growth

Renewal of working life and competence

Change management and analytics

Safety, security and risk management

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