At the end of this course, the students; 1) appreciate how management accounting information can assist management in planning, monitoring performance of, controlling and making decisions in, their area of responsibility 2) calculate standard costs for the material, labour and variable overhead elements of cost of a product or service 3) explain the role of budgets and standard costing within organisations 4) explain why organisations set out financial plans in the form of budgets, typically for a financial year 5) prepare functional budgets for material usage and purchase, labour and overheads, including budgets for capital expenditure and depreciation
MODE OF DELIVERY
Face to face
PRE-REQUISITES OF THE COURSE
No
RECOMMENDED OPTIONAL PROGRAMME COMPONENT
COURSE DEFINITION
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.
COURSE CONTENTS
WEEK
TOPICS
1st Week
Managerial Accounting and Business Environment
2nd Week
Cost Terms, Concepts and Classification
3rd Week
Cost Behaviour: Analysis and Use
4th Week
Cost- Volume- Profit Relationship
5th Week
Profit Planning I
6th Week
Profit Planning I
7th Week
Standart Costs I
8th Week
Mid-term examination
9th Week
Standart Costs II
10th Week
Flexible Budgets and Overhead Analysis I
11th Week
Flexible Budgets and Overhead Analysis II
12th Week
Segment Reporting and Decentralization
13th Week
Relevant Costs for Decision Making I
14th Week
Relevant Costs for Decision Making II
RECOMENDED OR REQUIRED READING
Kamil Büyükmirza, Yönetim ve Maliyet Muhasebesi, Ankara: Gazi Kİtabevi.
PLANNED LEARNING ACTIVITIES AND TEACHING METHODS
Lecture,Problem Solving
ASSESSMENT METHODS AND CRITERIA
Quantity
Percentage(%)
Mid-term
1
40
Total(%)
40
Contribution of In-term Studies to Overall Grade(%)
40
Contribution of Final Examination to Overall Grade(%)
60
Total(%)
100
LANGUAGE OF INSTRUCTION
English
WORK PLACEMENT(S)
No
KEY LEARNING OUTCOMES (KLO) / MATRIX OF LEARNING OUTCOMES (LO)