| Course Type | Elective Course |
|---|
| Course Level | Bachelor's Degree |
|---|
| Year of Study | - |
|---|
| Semester | - |
|---|
| ECTS | 5 |
|---|
| Name of Lecturer(s) |
|
| Learning Outcomes |
At the end of this course, the students;
- Understand and critically apply the appropriate techniques to generate cost information to help management in organizational planning and control.
- Recognize the role of relevant cost information and its contribution to management and organizational performance.
- Evaluate issues from a management accounting perspective and suggest appropriate responses to aid management decision-making processes.
- Consider the cost and performance information necessary for long-term success in various competitive environments.
- Develop a framework for utilizing information generated by managerial information systems for tactical and strategic decisions.
- Consider the current practices in cost management.
- Evaluate the methods for decentralizing and controlling organizations.
|
| Mode of Delivery | Face to face |
|---|
| Prerequisites | Yes(BUS222) |
|---|
| Recommended Optional Programme Components | No |
|---|
| Course Description | This course addresses the use of financial accounting information and financial reports to support operating and strategic decisions. It helps the students to gain a deeper understanding of the cost, expense and loss concepts, cost-profit-volume analysis, methods for determination of the cost of goods manufactured and cost of goods in process, unit costs, and the budgeting process.
Students who miss more than 30% of total class hours receive an F2 grade. |
|---|
| Course Contents |
| WEEK |
TOPICS |
|
1st Week |
Major Users of Accounting Information, The Need for Accounting Systems, Managerial versus Financial Accounting |
|
2nd Week |
Introduction to Cost Behavior |
|
3rd Week |
Cost - Volume Relationships I |
|
4th Week |
Cost - Volume Relationships II |
|
5th Week |
Cost Volume Profit Relationships I |
|
6th Week |
Cost Volume Profit Relationships II |
|
7th Week |
Midterm |
|
8th Week |
Full Costing, Variable costing |
|
9th Week |
Relevant Information and Decision making in Production Decisions |
|
10th Week |
Accounting for Planning and Control: Budgets |
|
11th Week |
Standart Costs and Variance Analysis I |
|
12th Week |
Standart Costs and Variance Analysis II |
|
13th Week |
Stock Planning and Control I |
|
14th Week |
Stock Planning and Control II |
|
| Recommended or Required Reading | Garrison, Noreen, Brewer, Managerial Accounting, McGraw-Hill, 2012. |
|---|
| Planned Learning Activities and Teaching Methods |
- Questions/Answers
- Discussion
- Lecture
|
|---|
| Assessment Methods and Criteria |
|
Quantity |
Percentage (%) |
| Mid-term |
1 |
40 |
| Quiz |
1 |
10 |
| Total(%) |
|
50 |
| Contribution of In-term Studies to Overall Grade(%) |
|
50 |
| Contribution of Final Examination to Overall Grade(%) |
|
50 |
| Total(%) |
|
100 |
|
| ECTS Allocated Based on Student Workload |
| Activities |
Quantity |
Duration (Hour) |
Total Workload (Hour) |
| Midterm exam |
1 |
2 |
2 |
| Preparation for Quiz |
|
|
|
| Individual or group work |
14 |
3 |
42 |
| Preparation for Final exam |
1 |
40 |
40 |
| Course hours |
14 |
3 |
42 |
| Preparation for Midterm exam |
1 |
30 |
30 |
| Laboratory (including preparation) |
|
|
|
| Final exam |
1 |
2 |
2 |
| Homework |
|
|
|
| Total Work Load | 158 |
| Total Work Load / 30 (h) | 5.26 |
| ECTS Credit of the Course | 5 |
|
| Language of Instruction | English |
|---|
| Work Placement(s) | No |
|---|
