Management Accounting

9.2.2026 - 23.8.2026

5 cr

Registration open

Online

The difference between management accounting and financial accounting. The main principles of cost accounting, cost-volume-profit analysis, activity-based costing, and budgeting. Decision-making based on management accounting and performance measurement. The above-mentioned issues are demonstrated in practice using a business simulation played in teams. Key concepts in the simulation include income and balance sheets and forecasts, the most common financial ratios, inventory calculations, sales and purchase budgets, simple financing decisions, and operating strategy.

Contains

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Additional information and registration

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Additional information:

Fields

Business, administration and law

Scope

5 cr

Languages of instruction

Finnish

Code

AYLASK2052

After completing the course, the student will be able to identify the differences between management accounting and financial accounting. The student will understand and be able to use the most important concepts and methods of cost accounting, cost element accounting, and cost-volume-profit analysis The student will understand the importance of budgeting in financial control and the benefits of performance measurement in the management of an organization. The student will recognize the importance of management accounting as a tool for internal decision-making in a company. The course will develop the student's capabilities to prepare financial calculations and analyze financial information in connection with decision-making.

Organiser

Vaasan yliopisto

Contact details

avoinyo@uwasa.fi

029 449 8004

Belongs to themes:

Change management and analytics