MANAGERIAL ACCOUNTING

Course Description

In this course, the development, interpretation, and use of relevant cost behavior, control, and traceability concepts for management planning, controlling and decision making are emphasized. Topics include: an introduction to product costing, the contribution concept, performance standards and variance analysis, responsibility accounting, segment profitability, alternative choice decisions, and capital budgeting. A study of the uses of accounting information for managerial decision making. Areas covered include: manufacturing, merchandising, and service cost systems: costvolume profit analysis; budgeting; and capital investment decision making, cost accounting terminology, job costing, process costing, activity-based costing, activity-based management, cost-volume-profit analysis, budgeting, standard costing, variance analysis, responsibility accounting, variable costing, transfer pricing and decision making.

MANAGERIAL ACCOUNTING

Evaluation Tools (Active Term)

Course outcomes

1. 01 help in prepare students on how to use the information in managerial decision making in a real world situation
2. 02 equip the students with the fundamental tools of managrial accounting and how to use this knowlwdge in decesion making

Course Syllabus

Reference Books & Course Materials

1. 01 Williams J., Haka S., Carcello J., Financial & Managerial Accounting, 17th Edition, McGraw Hill.
2. 02 Garrison R., Noreen E., Brewer, Managerial Accounting, 15th ed. ISBN: 978007802563, McGrawhill.

Learning Outcomes

1. L01 Demonstrate an understanding the managerial accounting concepts SOLO 4
2. L02 Develop an application a range of managerial accountig concepts for relevant accounts SOLO 5
3. L03 Reflect an application of accounting standards for relevant costs SOLO 5
4. L04 Demonstrate an understanding on how to use necessary managerial accouintg techniques to make cost analysis SOLO 4
5. L05 Develop critical thinking skills and solve managerial accounting problems through the use of case studies SOLO 5

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