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COST ACCOUNTING PROGRAMME COURSE DESCRIPTION

Code Name of the Course Unit Semester In-Class Hours (T+P) Credit ECTS Credit
BUS222 COST ACCOUNTING 4 3 3 6

GENERAL INFORMATION

Language of Instruction : English
Level of the Course Unit : BACHELOR'S DEGREE, TYY: + 6.Level, EQF-LLL: 6.Level, QF-EHEA: First Cycle
Type of the Course : Compulsory
Mode of Delivery of the Course Unit -
Coordinator of the Course Unit Assist.Prof. ÇAĞLA TUĞBERK ARIKER
Instructor(s) of the Course Unit
Course Prerequisite No

OBJECTIVES AND CONTENTS

Objectives of the Course Unit: This course aims to develop the ability to identify, explain the method and record systems of cost calculation and to analyze these.
Contents of the Course Unit: Contents of the course include Concepts on Cost, Types and Systems of Cost, Cost Calculation Methods and Issuing Statement of Cost of Goods Sold.

KEY LEARNING OUTCOMES OF THE COURSE UNIT (On successful completion of this course unit, students/learners will or will be able to)

Explain Terminology of Cost Accounting, Its Basic Concepts and Principles
Define Cost Accounting Systems.
Draw Statement of Cost of Goods Sold.
Analyze Accounting Inputs According to Order Cost and Process Costing Methods.
Use Cost Accounting Theory in Problem Analysis.

WEEKLY COURSE CONTENTS AND STUDY MATERIALS FOR PRELIMINARY & FURTHER STUDY

Week Preparatory Topics(Subjects) Method
1 Relevant chapters of the coursebook Basic Concepts on Costs Lecture & Practical Examples and Exercises
2 Relevant chapters of the coursebook Types and Systems of Cost Lecture & Practical Examples and Exercises
3 Relevant chapters of the coursebook Determining the costs for raw materials and supplies and indirect material Lecture & Practical Examples and Exercises
4 Relevant chapters of the coursebook Stock Valuation Methods, net and variable cost Lecture & Practical Examples and Exercises
5 Relevant chapters of the coursebook Cost Calculation for direct and indirect labour Lecture & Practical Examples and Exercises
6 Relevant chapters of the coursebook Wage Systems Lecture & Practical Examples and Exercises
7 Relevant chapters of the coursebook General Production Costs Lecture & Practical Examples and Exercises
8 - MID-TERM EXAM -
9 Relevant chapters of the coursebook Cost areas and allocation of costs Lecture & Practical Examples and Exercises
10 Relevant chapters of the coursebook Cost allocation sheet and classic allocation methods Lecture & Practical Examples and Exercises
11 Relevant chapters of the coursebook Adjustment of Sales Cost Statement – Cost account and records in Uniform Chart of Accounts Lecture & Practical Examples and Exercises
12 Relevant chapters of the coursebook Classification of cost systems, factors effecting cost systems Lecture & Practical Examples and Exercises
13 Relevant chapters of the coursebook Standard Cost System Lecture & Practical Examples and Exercises
14 Relevant chapters of the coursebook Standard Cost System Lecture & Practical Examples and Exercises
15 Relevant chapters of the coursebook Standard Cost System Lecture & Practical Examples and Exercises
16 - FINAL EXAM -
17 - FINAL EXAM -

SOURCE MATERIALS & RECOMMENDED READING

Buyukmirza, H. K. (2014). Maliyet ve yonetim muhasebesi: tekduzen'e uygun bir sistem yaklasimi. Gazi Bookstore.
Civelek, M., & Ozkan, A. (2006). Maliyet ve yonetim muhasebesi. Detay Publications.
Madhav, R., Horngren, C., & Datar, S. (2015). Cost Accounting: A Managerial Emphasis, 15. Auflage, Edinburgh.

ASSESSMENT

Assessment & Grading of In-Term Activities Number of Activities Degree of Contribution (%) Description
Level of Contribution
0 1 2 3 4 5

CONTRIBUTION OF THE COURSE UNIT TO THE PROGRAMME LEARNING OUTCOMES

KNOWLEDGE

Theoretical

Programme Learning Outcomes Level of Contribution
0 1 2 3 4 5
1
Define the theories, concepts and principles of the basic and sub-fields of business.
5
2
Explain business functions and processes based on current scientific sources.
4

KNOWLEDGE

Factual

Programme Learning Outcomes Level of Contribution
0 1 2 3 4 5
1
Relate internationally valid business cases with the theories and concepts of other social sciences.
4

SKILLS

Cognitive

Programme Learning Outcomes Level of Contribution
0 1 2 3 4 5
1
Explain the current events and facts in his / her field analytically and systematically based on advanced knowledge and skills he / she has.
5

SKILLS

Practical

Programme Learning Outcomes Level of Contribution
0 1 2 3 4 5
1
Use the theoretical and factual knowledge in business for occupational practices.
4
2
Solve individual and organizational problems in business life.
4
3
Use computer programs (SPSS, R, Excel, Stata) efficiently against the complex business problems.
4

OCCUPATIONAL

Autonomy & Responsibility

Programme Learning Outcomes Level of Contribution
0 1 2 3 4 5
1
Plan research and work using knowledge and skills gained in the field of business.
2
2
Organize the activities for organizational goals and purposes independently.
2

OCCUPATIONAL

Learning to Learn

Programme Learning Outcomes Level of Contribution
0 1 2 3 4 5
1
Criticize advanced knowledge and skills in the field with a critical approach.
3
2
Develop the existing knowledge and skills with a critical point of view under the impact of scientific, technological and current developments.
3

OCCUPATIONAL

Communication & Social

Programme Learning Outcomes Level of Contribution
0 1 2 3 4 5
1
Express his/her knowledge, thoughts and solutions on business to related stakeholders in written and verbal ways.
4
2
Use the information and communication technology software and equipment required for business.
3

OCCUPATIONAL

Occupational and/or Vocational

Programme Learning Outcomes Level of Contribution
0 1 2 3 4 5
1
Apply the social, scientific, cultural and ethical values at the stages of collection of data, their implementation, interpretation and announcement of results in the field of business.
3
2
Relate the concepts of social rights, occupational safety, employee health, quality management and sustainability with the cases in business life.
1

WORKLOAD & ECTS CREDITS OF THE COURSE UNIT

Workload for Learning & Teaching Activities

Type of the Learning Activites Learning Activities (# of week) Duration (hours, h) Workload (h)
Lecture & In-Class Activities 14 3 42
Preliminary & Further Study 14 3 42
Land Surveying 0 0 0
Group Work 0 0 0
Laboratory 0 0 0
Reading 14 1 14
Assignment (Homework) 14 2 28
Project Work 0 0 0
Seminar 0 0 0
Internship 0 0 0
Technical Visit 0 0 0
Web Based Learning 0 0 0
Implementation/Application/Practice 0 0 0
Practice at a workplace 0 0 0
Occupational Activity 0 0 0
Social Activity 0 0 0
Thesis Work 0 0 0
Field Study 0 0 0
Report Writing 0 0 0
Final Exam 1 1 1
Preparation for the Final Exam 1 10 10
Mid-Term Exam 1 1 1
Preparation for the Mid-Term Exam 1 10 10
Short Exam 0 0 0
Preparation for the Short Exam 0 0 0
TOTAL 60 0 148
Total Workload of the Course Unit 148
Workload (h) / 25.5 5,8
ECTS Credits allocated for the Course Unit 6,0