kokonaiskustannuslukua

kokonaiskustannusluku is a Finnish accounting term that translates literally to “total cost figure.” It represents the cumulative amount of money required to complete a project, operate a business, or provide a public service, encompassing all direct and indirect costs. The concept is similar to the notion of total cost in international finance but is specifically applied within Finnish accounting frameworks and public sector budgeting.

In operational budgeting, the kokonaiskustannusluku is derived by summing fixed costs, such as rent and salaries, with variable costs that fluctuate with production volume or service usage, including raw materials, energy consumption, and maintenance. For public expenditures, the figure also incorporates administrative overheads, contingency allowances, and depreciation of fixed assets. Accurate calculation is essential for financial planning, performance evaluation, and compliance with Finnish financial reporting standards, such as those set by the Finnish Accounting Act and the European Union’s public financial management directives.

The term is frequently used in project management contexts, especially for large infrastructure or research initiatives. Project managers must estimate the kokonaiskustannusluku to secure funding, perform cost-benefit analyses, and monitor cost overruns. In corporate finance, the figure informs capital budgeting decisions and helps organizations assess the profitability of investment opportunities. Ultimately, the kokonaiskustannusluku provides a comprehensive viewpoint on an entity’s financial commitments and supports transparent reporting for stakeholders.