COST ACCOUNTING FOR BUSINESS MANAGERS

Course Description

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COST ACCOUNTING FOR BUSINESS MANAGERS

Evaluation Tools (Active Term)

Course outcomes

1. 01 By the completion of the course the students should be able to evaluate production decisions in light of costs and profits and make decision whether to continue producing or stop in light of buy or produce decision.

Course Syllabus

Reference Books & Course Materials

1. 01 1. Fundamentals of Cost Accounting, Lanen, Anderson, Maher, 5th edition, Mc.Graw Hill.
2. 02 2. Financial & Managerial Accounting, Williams, Haka, Bettner, Carcello, 17th edition, McGraw-Hill.

Learning Outcomes

1. L01 By the completion of the course the students should be able to evaluate production decisions in light of costs and profits and make decision whether to continue producing or stop in light of buy or produce decision.

Program Outcomes

1. P01 PO1 Been able to demonstrate their learned skills and knowledge regarding business related issues and research which they can use continuously in their personal and business life.
2. P02 PO2 Obtained theoretical and practical information from the courses that allowed students to learn and work independently.
3. P03 PO3 Been ensured that they learnt by increasing their level of knowledge and skills which are necessary in their field.
4. P04 PO4 Increased their creativity and analytical thinking and developed crucial skills which are needed to be applied both in their studies, research, and future careers.
5. P05 PO5 Adopted and implemented ethical principles and moral values regarding the use of technology in their studies and professional lives by creating an awareness on using the technological imperatives.
6. P06 PO6 Designed their theoretical and practical knowledge in a way that they could make use of in a collaborative usage and various working contexts.
7. P07 PO7 Enrolled in intercultural or international projects which could provide opportunities to develop their skills and implement them successfully in their studies, research and future careers.
8. P08 PO8 Improved their communication skills successfully and been able to implement them in various international education, research and work context by increasing their social capital.
9. P09 PO9 Been able to implement their learnt knowledge and research skills into practice through scenarios, case studies, empirical articles and real-life observations.
10. P10 PO10 Created awareness and developed ethical undertaking by incorporating the learnt theories with environmental approaches to be further implemented into their research and careers.

Po-Lo Matrix