TÜRKÇE
ENGLISH
Information
| Unit | FACULTY OF ECONOMICS AND ADMINISTRATIVE SCIENCES |
| BUSINESS ADMINISTRATION PR. (ENGLISH) | |
| Code | BUSZ303 |
| Name | Cost Accounting I |
| Term | 2019-2020 Academic Year |
| Semester | 5. Semester |
| Duration (T+A) | 3-0 (T-A) (17 Week) |
| ECTS | 5 ECTS |
| National Credit | 3 National Credit |
| Teaching Language | İngilizce |
| Level | Lisans Dersi |
| Type | Normal |
| Label | C Compulsory |
| Mode of study | Yüz Yüze Öğretim |
| Catalog Information Coordinator | Prof. Dr. VEYİS NACİ TANIŞ |
| Course Instructor |
Prof. Dr. VEYİS NACİ TANIŞ
(Güz)
(A Group)
(Ins. in Charge)
|
Course Goal / Objective
Learn the basic cost concepts and classification of costs, being able to compare the cost of business knowledge,
Course Content
Costs, expenses and losses comparison of the concepts, cost and income statement and balance sheet to determine the relationship, classification of costs
Course Precondition
Resources
Notes
Course Learning Outcomes
| Order | Course Learning Outcomes |
|---|---|
| LO01 | Define cost accounting and importance of accounting information process |
| LO02 | Know the nature of costs |
| LO03 | Know the concepts of costs |
| LO04 | Know the classification of costs |
| LO05 | Learn product cost accumulation systems |
| LO06 | Learn external financial statements |
| LO07 | Learn internal reports |
| LO08 | Learn material costs |
| LO09 | Learn labour costs |
| LO10 | Learn factory overhead costs |
| LO11 | Know further applications on the cost elements |
| LO12 | Learn job Order cost system |
| LO13 | Learn process costing system |
| LO14 | Learn process costing system: single process |
| LO15 | Learn process costing system: multi-processes |
Relation with Program Learning Outcome
| Order | Type | Program Learning Outcomes | Level |
|---|---|---|---|
| PLO01 | - | List and define the concepts of business management, and explain their relation to each other | 3 |
| PLO02 | - | List and define the fundamental conceptual models, numerical and statistical techniques of business administartion; identify their advantages and disadvantages | 4 |
| PLO03 | - | List and define the relationship between the basic concepts of economy and business management; indicates strong and weak sides of each method. | 4 |
| PLO04 | - | Explain how to create the fundamental conceptual models, and how to apply numerical and statistical techniques that are used in business administration | 5 |
| PLO05 | - | Explain how to create the fundamental conceptual models and how to apply numerical and statistical techniques that are used in business administration. | 3 |
| PLO06 | - | Follow the basic steps of business management methods and apply them | 5 |
| PLO07 | - | Determine appropriate methods to solve business problems | 5 |
| PLO08 | - | Evaluate the results that are obtained from applications of business management methods. | 4 |
| PLO09 | - | Use basic numerical and statistical softwares. | 5 |
| PLO10 | - | Use basic enterprise resource planning (ERP) softwares | 3 |
| PLO11 | - | Take initiative individually or/and as a member of a team, lead and work effectively | 4 |
| PLO12 | - | Follow the latest developments in the field, and sustain personal and professional development with the awareness of the necessity of lifelong learning | 5 |
| PLO13 | - | Use different resources in accordance with academic principles, synthesize the data gathered, and present them effectively in an unfamiliar field | 3 |
| PLO14 | - | Use different resources in accordance with academic principles, synthesize the data gathered, and present them effectively in an unfamiliar field | 4 |
| PLO15 | - | Use Turkish and at least one foreign language in accordance with the prerequisities of academic and business context | 4 |
| PLO16 | - | Perceive and interpret feelings, ideas and behaviours of people appropriately, and express himself/herself accurately in written or oral form | 2 |
| PLO17 | - | Question traditional approaches, methods and implementations; develop and implement alternative methods when required | 2 |
| PLO18 | - | Recognize and apply social, scientific and professional ethical values. | 3 |
| PLO19 | - | Determine the most appropriate approaches, implementations and methods of business management considering sectors, their sizes, resources, cultures, goals and objectives. | 3 |
| PLO20 | - | Monitor external factors such as industrial structures, competition, technologies, economics, politics, cultures that affect the activities of businesses and interpret their impact on businesses. | 4 |
Week Plan
| Week | Topic | Preparation | Methods |
|---|---|---|---|
| 1 | Introduction of the course and expectations | Reading material related to the topic | |
| 2 | The nature, concepts and classification of costs | Reading material related to the topic | |
| 3 | The nature, concepts and classification of costs | Reading material related to the topic | |
| 4 | Product cost accumulation systems, external financial statements, and internal reports | Reading material related to the topic | |
| 5 | Product cost accumulation systems, external financial statements, and internal reports | Reading material related to the topic | |
| 6 | Elements of cost: Material and Labour | Reading material related to the topic | |
| 7 | Elements of cost: Factory overhead | Reading material related to the topic | |
| 8 | Mid-Term Exam | Exam Preparation | |
| 9 | Further applications on the cost elements | Reading material related to the topic | |
| 10 | Further applications on the cost elements | Reading material related to the topic | |
| 11 | Job Order cost system | Reading material related to the topic | |
| 12 | Job Order cost system | Reading material related to the topic | |
| 13 | Process costing system | Reading material related to the topic | |
| 14 | Process costing system: Single process | Reading material related to the topic | |
| 15 | Process costing system: Multi-processes | Reading material related to the topic | |
| 16 | Term Exams | Exam Preparation | |
| 17 | Term Exams | Exam Preparation |
Assessment (Exam) Methods and Criteria
| Assessment Type | Midterm / Year Impact | End of Term / End of Year Impact |
|---|---|---|
| 1. Midterm Exam | 100 | 40 |
| General Assessment | ||
| Midterm / Year Total | 100 | 40 |
| 1. Final Exam | - | 60 |
| Grand Total | - | 100 |
Student Workload - ECTS
| Works | Number | Time (Hour) | Workload (Hour) |
|---|---|---|---|
| Course Related Works | |||
| Class Time (Exam weeks are excluded) | 14 | 3 | 42 |
| Out of Class Study (Preliminary Work, Practice) | 14 | 3 | 42 |
| Assesment Related Works | |||
| Homeworks, Projects, Others | 0 | 0 | 0 |
| Mid-term Exams (Written, Oral, etc.) | 1 | 12 | 12 |
| Final Exam | 1 | 18 | 18 |
| Total Workload (Hour) | 114 | ||
| Total Workload / 25 (h) | 4,56 | ||
| ECTS | 5 ECTS | ||