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FACULTY OF BUSINESS

Accounting and Auditing Program

BA 350 | Course Introduction and Application Information

Course Name

Managerial and Cost Accounting

Code	Semester	Theory (hour/week)	Application/Lab (hour/week)	Local Credits	ECTS
BA 350	Fall	3	0	3	6

Prerequisites	None
Course Language	English
Course Type	Required
Course Level	First Cycle
Mode of Delivery	-
Teaching Methods and Techniques of the Course	Discussion Problem Solving Lecture / Presentation
National Occupation Classification	-
Course Coordinator	Dr.Öğretim Üyesi Beyza GÜREL
Course Lecturer(s)	Dr.Öğretim Üyesi Beyza GÜREL
Assistant(s)	Araş. Gör. Betül ÜNAL KAYA

Course Objectives	Cost accounting information adds value to an organization by improving managers’ decisions. This course mainly aims to explain the methods that would be used for the determination of costs, managerial planning, control and decision making. In other words the course provides the process of identifying, measuring and accumulating, analyzing, preparing, interpreting and communicating cost information that assists managers to fulfill organizational objectives. First the emphasis will be on cost information, how it is computed and then how it is used in decision-making.
Learning Outcomes	The students who succeeded in this course; Explain basic cost terms and concepts and Illustrate cost classifications (e.g., by function, direct and indirect, fixed and variable). Prepare the cost of goods sold (COGS) statement for manufacturing companies. Analyse cost–volume–profit (CVP) relationships and discuss the effects and limitations of changes in cost structures. Establish job and batch costs and describe the characteristics of process costing methods. Allocate and reapportion support department costs to production departments using appropriate methods. Prepare master budgets and flexible budgets, and calculate and interpret direct cost and overhead variances. Evaluate cost information to support short-term decision-making, and determine the optimal production plan in limiting factors and make-or-buy situations.
Course Description	Cost information and reports based on cost and management accounting technics guide management in decision making. The course presents the theory, procedures and practice relating to product costs, including job order, process and standard cost systems. Management accounting part of the course covers, CVP analysis, variable costing and absorption costing, budgeting and variance analysis methods to interpret accounting data in planning and controlling business activities. Additionally the course shows how accounting data supports short term decision making such as outsourcing decisions, using resources effectively when some factors are scarce.
Related Sustainable Development Goals

Course Category	Core Courses
	Major Area Courses
	Supportive Courses
	Media and Management Skills Courses
	Transferable Skill Courses

WEEKLY SUBJECTS AND RELATED PREPARATION STUDIES

Week	Subjects	Related Preparation
1	The Manager and Management Accounting	Chapter 16: Management Accounting
2	Basic Cost Terms, Concepts and Classifications	Chapter 16: Management Accounting
3	Financial Statements of Manufacturing Companies	Chapter 17: Job Order Cost Systems and Overhead Allocations
4	Job-Order Costing	Chapter 17: Job Order Cost Systems and Overhead Allocations
5	Activity-Based Costing	Chapter 17: Job Order Cost Systems and Overhead Allocations
6	Environmental Management Accounting & Life-cycle costing	Chapter 19: Costing and the Value Chain
7	Cost, Volume, Profit Relationships & Variable and Absorption Costing	Chapter 20: Cost-Volume-Profit Analysis
8	Process Costing	Chapter 18: Process Costing
9	Midterm Exam
10	Allocation of Support Department Costs: Common Costs and Revenues	Datar&Rajan: Chapter 15
11	Basics of Master Budgets	Chapter 23: Operational Budgeting
12	Standard Cost System (Variance Analysis)	Chapter 24: Standard Cost Systems
13	Responsibility Accounting and Transfer Pricing	Chapter 22: Responsibility Accounting and Transfer Pricing
14	Relevant Cost Analysis and Short-term Managerial Decisions & Flexible Budgets	Chapter 21: Incremental Analysis and Chapter 23: Operational Budgeting
15	Semester Review
16	Final exam

Course Notes/Textbooks	Williams, J.R., Better, M.S., Smith, K.R. (2024), Financial & Managerial Accounting. The Basis for Business Decisions, 20th Edition, McGraw-Hill Education, ISBN10: 1266850929, ISBN13: 9781266850929
Suggested Readings/Materials	IFRS Conceptual Framework

EVALUATION SYSTEM

Semester Activities	Number	Weigthing
Participation
Laboratory / Application
Field Work
Quizzes / Studio Critiques
Portfolio
Homework / Assignments	1	30
Presentation / Jury
Project
Seminar / Workshop
Oral Exams
Midterm	1	30
Final Exam	1	40
Total

Weighting of Semester Activities on the Final Grade	2	60
Weighting of End-of-Semester Activities on the Final Grade	1	40
Total

ECTS / WORKLOAD TABLE

Semester Activities	Number	Duration (Hours)	Workload
Theoretical Course Hours (Including exam week: 16 x total hours)	16	3	48
Laboratory / Application Hours (Including exam week: '.16.' x total hours)	16		0
Study Hours Out of Class	14	3	42
Field Work			0
Quizzes / Studio Critiques			0
Portfolio			0
Homework / Assignments	1	20	20
Presentation / Jury			0
Project			0
Seminar / Workshop			0
Oral Exam			0
Midterms	1	30	30
Final Exam	1	30	30
		Total	170

COURSE LEARNING OUTCOMES AND PROGRAM QUALIFICATIONS RELATIONSHIP

#	Program Competencies/Outcomes		* Contribution Level
#	Program Competencies/Outcomes		1	2	3	4	5
1	To be able to acquire theoretical and practical knowledge and skills in the area.		-	-	-	X	-
2	To be able to approach problems with an analytical and holistic viewpoint.		-	-	-	-	X
3	To be able to gain knowledge about both national and international accounting and auditing standards.		-	X	-	-	-
4	To be able to communicate the findings and solutions to the accounting and auditing problems in written and oral formats.		-	-	-	-	-
5	To be able to critically evaluate the performance of accounting and other related management information systems, and organizations.		-	-	-	-	-
6	To be able to develop innovative and creative approach to real-life business issues.		-	-	-	-	-
7	To be able to integrate knowledge gained in the main areas of accounting and auditing through a strategic perspective.		-	-	-	X	-
8	To be able to act in accordance with the scientific and ethical values in studies related to accounting and auditing.		-	-	-	-	-
9	To be able to demonstrate both leadership and team-work skills through being an efficient and effective team member.		-	-	-	-	-
10	To be able to have an ethical perspective and social responsiveness when evaluating and making business decisions.		-	-	-	-	-
11	To be able to collect data in the area of business administration and communicate with colleagues in a foreign language ("European Language Portfolio Global Scale", Level B1).		-	-	-	-	-
12	To be able to speak a second foreign at a medium level of fluency efficiently.		-	-	-	-	-
13	To be able to relate the knowledge accumulated throughout the human history to their field of expertise.		-	-	-	-	-

*1 Lowest, 2 Low, 3 Average, 4 High, 5 Highest

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