INN200 Management Accounting
Credits (ECTS):5
Course responsible:Torun Fretheim
Campus / Online:Online
Teaching language:Norsk
Course frequency:Annually.
Nominal workload:125 hours.
Teaching and exam period:This course has teaching/evaluation in the Autumn parallel.
About this course
The course provides an introduction to key concepts and models that form the foundation of financial management in companies. Students should know basic business economics theory and methods and apply them to business economic issues. The course will provide students with the knowledge to read, understand, and analyze financial statements. Thematically, the course is divided into the following main parts. Students receive an introduction to business economics, financial management, and accounting. Furthermore, an introduction to calculations, costing, and cost allocation is provided. The course also addresses short-term, medium-term, and long-term decision-making problems. Finally, students gain knowledge about budgeting.
Learning outcome
A student, upon completing the course, will have the following overall learning outcomes defined in knowledge, skills, and general competence:
Knowledge
The student:
- has good knowledge of basic concepts, theories, and methods in financial management
- has good knowledge of the basic structure of accounting
- has good knowledge of the economic cycle in society
Skills
The student:
- can prepare calculations and budgets
- can conduct simple investment analyses
- can conduct break-even analyses
- can evaluate and analyze the relationship between plans and budgets, accounting, and reporting
General Competence
The student:
- can draw independent conclusions based on economic analyses
- can assess the economic consequences of their own decisions
- can critically evaluate the economic processes in their own organization
- can communicate about the relationship between financial management, resource scarcity, and the various types of resources an organization manages
Learning activities
Teaching support
Assessment method
Examiner scheme
Mandatory activity
Teaching hours
Reduction of credits
Admission requirements