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Course Detail

Course Description

CourseCodeSemesterT+P (Hour)CreditECTS
COST MANAGEMENT and ACCOUNTINGBUS2253320Spring Semester3+035
Course Program
Prerequisites Courses
Recommended Elective Courses
Language of CourseEnglish
Course LevelFirst Cycle (Bachelor's Degree)
Course TypeRequired
Course CoordinatorProf.Dr. Serhat YÜKSEL
Name of Lecturer(s)Assoc.Prof. Elif BAYKAL
Assistant(s)
AimStudents are aimed to have abilities related to cost management and accounting process.
Course ContentThis course contains; General Concepts about Cost,Identify Different Types of the Costs of the Companies,Cost and Revenue Analysis,Introduction to Budgeting,Preparing the Budget of the Companies,The Role of the Cost in Financial Planning,Different Techniques of Financial Planning,Introduction to Cost Accounting,Cost Accounting Records in Uniform Chart of Account,Preparing Statement of Cost of Goods Sold,Preparing Statement of Cost of Goods Sold,Direct Raw Materials and Supplies Cost,Direct Labor Cost,General Production Cost.
Dersin Öğrenme KazanımlarıTeaching MethodsAssessment Methods
1.Will be able to explain the concepts of cost and revenue.10, 9A
1.1.Define different types of the costs10, 9
1.2.Make cost and revenue analysis10, 9
2.Will be able to make budgeting of the companies10, 9A
2.1.Implement budgeting methods10, 9
2.2.Prepare proforma financial tables of the companies10, 9
3.Will be able to make fundamental application about cost accounting10, 9A
3.1.Prepare statement of cost of goods sold 10, 9
3.2.Calculate direct raw materials and supplies expenses10, 9
4.1.Make records of cost accounting10, 9
4.2.Calculate direct labor cost10, 9
5.Will be able to use FIFO, LIFO and weighted average methods10, 9A
5.1.Explain general production cost10, 9
5.2.Carries out transactions on BIST and VOB stock exchanges.10, 9
4. Will be able to make financial planning using different budgeting methods.10, 9A
Teaching Methods:10: Discussion Method, 9: Lecture Method
Assessment Methods:A: Traditional Written Exam

Course Outline

OrderSubjectsPreliminary Work
1General Concepts about Cost
2Identify Different Types of the Costs of the Companies
3Cost and Revenue Analysis
4Introduction to Budgeting
5Preparing the Budget of the Companies
6The Role of the Cost in Financial Planning
7Different Techniques of Financial Planning
8Introduction to Cost Accounting
9Cost Accounting Records in Uniform Chart of Account
10Preparing Statement of Cost of Goods Sold
11Preparing Statement of Cost of Goods Sold
12Direct Raw Materials and Supplies Cost
13Direct Labor Cost
14General Production Cost
Resources
1- Cost Accounting (2023) : A Managerial Emphasis, Charles T. Horngren, Srikant M. Datar, Madhav V. Rajan, Pearson Education Additional Readings 1. Rhee, R. J. (2023). Corporate Finance. Aspen Publishing. 2. Kaur, P. (2023). Financial markets and institutions. Sultan Chand & Sons

Course Contribution to Program Qualifications

Course Contribution to Program Qualifications
NoProgram QualificationContribution Level
12345
1
Defines the theoretical issues in the field of business administration
X
2
Describes the necessary qualitative and quantitative methods in the field of business and management.
X
3
Uses at least one computer program in the field of business and management
4
Sustains proficiency in a foreign language required for business and management.
X
5
Prepares managerial investment projects and work in a team.
X
6
Constantly renews himself / herself by following developments in business and management with an understanding of the importance of lifelong learning through critically evaluating the knowledge and skills that s/he has got.
X
7
Uses theoretical and practical expertise in the field of business administration
X
8
Follows up-to-date technology using a foreign language at least A1 level, holds verbal / written communication.
X
9
Adopts organizational / institutional and social ethical values.
10
Within the framework of service responsiveness, adopts social responsibility principles and takes initiative when necessary.
11
Uses and analyses basic facts and data in different disciplines (economics, finance, sociology, law, business) in order to conduct interdisciplinary studies.
X
12
Uses and Analyses the fundamental and advanced techniques in the field to enhance business performance, productivity, sustainability,innovation and research, efficiency and effectiveness.
X

Assessment Methods

Contribution LevelAbsolute Evaluation
Rate of Midterm Exam to Success 40
Rate of Final Exam to Success 60
Total 100
ECTS / Workload Table
ActivitiesNumber ofDuration(Hour)Total Workload(Hour)
Course Hours14228
Guided Problem Solving14228
Resolution of Homework Problems and Submission as a Report515
Term Project12020
Presentation of Project / Seminar122
Quiz21020
Midterm Exam11616
General Exam13131
Performance Task, Maintenance Plan000
Total Workload(Hour)150
Dersin AKTS Kredisi = Toplam İş Yükü (Saat)/30*=(150/30)5
ECTS of the course: 30 hours of work is counted as 1 ECTS credit.

Detail Informations of the Course

Course Description

CourseCodeSemesterT+P (Hour)CreditECTS
COST MANAGEMENT and ACCOUNTINGBUS2253320Spring Semester3+035
Course Program
Prerequisites Courses
Recommended Elective Courses
Language of CourseEnglish
Course LevelFirst Cycle (Bachelor's Degree)
Course TypeRequired
Course CoordinatorProf.Dr. Serhat YÜKSEL
Name of Lecturer(s)Assoc.Prof. Elif BAYKAL
Assistant(s)
AimStudents are aimed to have abilities related to cost management and accounting process.
Course ContentThis course contains; General Concepts about Cost,Identify Different Types of the Costs of the Companies,Cost and Revenue Analysis,Introduction to Budgeting,Preparing the Budget of the Companies,The Role of the Cost in Financial Planning,Different Techniques of Financial Planning,Introduction to Cost Accounting,Cost Accounting Records in Uniform Chart of Account,Preparing Statement of Cost of Goods Sold,Preparing Statement of Cost of Goods Sold,Direct Raw Materials and Supplies Cost,Direct Labor Cost,General Production Cost.
Dersin Öğrenme KazanımlarıTeaching MethodsAssessment Methods
1.Will be able to explain the concepts of cost and revenue.10, 9A
1.1.Define different types of the costs10, 9
1.2.Make cost and revenue analysis10, 9
2.Will be able to make budgeting of the companies10, 9A
2.1.Implement budgeting methods10, 9
2.2.Prepare proforma financial tables of the companies10, 9
3.Will be able to make fundamental application about cost accounting10, 9A
3.1.Prepare statement of cost of goods sold 10, 9
3.2.Calculate direct raw materials and supplies expenses10, 9
4.1.Make records of cost accounting10, 9
4.2.Calculate direct labor cost10, 9
5.Will be able to use FIFO, LIFO and weighted average methods10, 9A
5.1.Explain general production cost10, 9
5.2.Carries out transactions on BIST and VOB stock exchanges.10, 9
4. Will be able to make financial planning using different budgeting methods.10, 9A
Teaching Methods:10: Discussion Method, 9: Lecture Method
Assessment Methods:A: Traditional Written Exam

Course Outline

OrderSubjectsPreliminary Work
1General Concepts about Cost
2Identify Different Types of the Costs of the Companies
3Cost and Revenue Analysis
4Introduction to Budgeting
5Preparing the Budget of the Companies
6The Role of the Cost in Financial Planning
7Different Techniques of Financial Planning
8Introduction to Cost Accounting
9Cost Accounting Records in Uniform Chart of Account
10Preparing Statement of Cost of Goods Sold
11Preparing Statement of Cost of Goods Sold
12Direct Raw Materials and Supplies Cost
13Direct Labor Cost
14General Production Cost
Resources
1- Cost Accounting (2023) : A Managerial Emphasis, Charles T. Horngren, Srikant M. Datar, Madhav V. Rajan, Pearson Education Additional Readings 1. Rhee, R. J. (2023). Corporate Finance. Aspen Publishing. 2. Kaur, P. (2023). Financial markets and institutions. Sultan Chand & Sons

Course Contribution to Program Qualifications

Course Contribution to Program Qualifications
NoProgram QualificationContribution Level
12345
1
Defines the theoretical issues in the field of business administration
X
2
Describes the necessary qualitative and quantitative methods in the field of business and management.
X
3
Uses at least one computer program in the field of business and management
4
Sustains proficiency in a foreign language required for business and management.
X
5
Prepares managerial investment projects and work in a team.
X
6
Constantly renews himself / herself by following developments in business and management with an understanding of the importance of lifelong learning through critically evaluating the knowledge and skills that s/he has got.
X
7
Uses theoretical and practical expertise in the field of business administration
X
8
Follows up-to-date technology using a foreign language at least A1 level, holds verbal / written communication.
X
9
Adopts organizational / institutional and social ethical values.
10
Within the framework of service responsiveness, adopts social responsibility principles and takes initiative when necessary.
11
Uses and analyses basic facts and data in different disciplines (economics, finance, sociology, law, business) in order to conduct interdisciplinary studies.
X
12
Uses and Analyses the fundamental and advanced techniques in the field to enhance business performance, productivity, sustainability,innovation and research, efficiency and effectiveness.
X

Assessment Methods

Contribution LevelAbsolute Evaluation
Rate of Midterm Exam to Success 40
Rate of Final Exam to Success 60
Total 100

Numerical Data

Ekleme Tarihi: 09/10/2023 - 09:58Son Güncelleme Tarihi: 09/10/2023 - 10:00