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MANAGEMENT AND COST ACCOUNTING COURSE IDENTIFICATION AND APPLICATION INFORMATION

Code Name of the Course Unit Semester In-Class Hours (T+P) Credit ECTS Credit
IBT207 MANAGEMENT AND COST ACCOUNTING 3 3 3 6

Objectives and Contents

Objectives: The objective of this course is to enable students to have knowledge of cost and managerial accounting applications in planning, control and decision making functions of business managers.
Content: Contents of the course include; Conceptual Framework of Cost Accounting, Classification of Expenses, First Material and Material Expenses-Inventory Tracking, Labor Costs, Order Cost System, Phase Cost System, Cost Volume Profit Analysis, Business Budgets, Accountability Accounting and Transfer Pricing, Current Approaches in Management and Cost Accounting.