COST ACCOUNTING-II

Course Description

The aim of this course is to provide students, who had taken the basics of cost accounting, with a further knowledge of cost accounting systems that are employed in evaluating the cost of a product; in the process of planning and control; and decision-making. After completing this course, students will be able to develop their knowledge and understanding on: job costing, process costing, activity base costing, fundamental of cost management, service department and joint cost allocation, and planning and budgeting. These subjects help in expanding their understanding of managing and control the business activity.

COST ACCOUNTING-II

Evaluation Tools (Active Term)

Course outcomes

1. 01 job costing
2. 02 process costing
3. 03 activity based costing
4. 04 cost management
5. 05 joint cost allocation
6. 06 management control system
7. 07 service department

Course Syllabus

Reference Books & Course Materials

1. 01 fundamentals of cost accounting, fifth edition, authors: lanen, anderson, maher

Learning Outcomes

1. L01 job costing
2. L02 cost management
3. L03 joint cost allocation
4. L04 Compute product costs using activity-based costing SOLO 4

Program Outcomes

1. P01 1- To have advanced theoretical and practical knowledge supported by textbooks, application tools and other resources including current information in the field of Accounting and Finance.
2. P02 2- To be able to use advanced theoretical and practical knowledge acquired in the field of Accounting and Finance.
3. P03 3- To be able to interpret and evaluate data, identify problems, analyze and develop solutions based on research and evidence by using advanced knowledge and skills acquired in the field of Accounting and Finance.
4. P04 4- To be able to take responsibility as an individual and a team member in order to solve complex and unpredictable problems in accounting and finance applications.
5. P05 5- To be able to plan and manage activities for the development of employees under the responsibility of a project.
6. P06 6- To be able to determine the learning requirements in the field of Accounting and Finance and to direct their learning.
7. P07 7- To be able to inform people and institutions about issues related to the field of accounting and finance, and to be able to transfer their ideas and solution proposals in writing and orally.
8. P08 8- To be able to use information and communication technologies together with computer software at the European Computer Driving License Advanced Level required by the field of Accounting and Finance.
9. P09 9- To act in accordance with social, scientific, cultural and ethical values in the stages of collecting, interpreting, applying and announcing the results related to the field of accounting and finance.

Po-Lo Matrix