COST ACCOUNTING FOR BUSINESS MANAGERS
- Course
- BUSN565 - COST ACCOUNTING FOR BUSINESS MANAGERS
- Department
- Master of Business Administration - English - Master
- Course Type
- Course
- Status
- Required
- Language
- English
- Credit
- 3
- ECTS
- 6
- T+P+L
- 3 + 0 + 0
- Course Coordinator(s)
- Asst. Prof. Dr. Murad Abdurahman BEIN
- Prerequisite
- -
- Keywords
Course Description
.
COST ACCOUNTING FOR BUSINESS MANAGERS
Evaluation Tools (Active Term)
| Item | Type | Weight (%) |
|---|---|---|
| Midterm | Midterm | 30 |
| Final | Final | 40 |
| Total | 70 | |
Course outcomes
- 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
| Week | Topic |
|---|---|
| Week 1 | Chapter 1. Cost Accounting: Information for Decision Making |
| Week 2 | Chapter 2. Cost Concepts and Behaviour |
| Week 3 | Chapter 3. Fundamentals of Cost Volume Profit Analysis |
| Week 4 | Chapter 4. Fundamentals of Cost Analysis for Decision Making |
| Week 5 | Solving Problems |
| Week 6 | Mid-term Exams |
| Week 7 | Chapter 5. Cost Estimation |
| Week 8 | Chapter 6. Fundamentals of Product and Service Costing |
| Week 9 | Chapter 7. Job Costing |
| Week 10 | Chapter 8. Process Costing |
| Week 11 | Chapter 9. Activity Base Costing |
| Week 12 | Chapter 10. Fundamentals of Cost Management |
| Week 13 | Solving Problems |
| Week 14 | - |
| Week 15 | - |
Reference Books & Course Materials
- 01 1. Fundamentals of Cost Accounting, Lanen, Anderson, Maher, 5th edition, Mc.Graw Hill.
- 02 2. Financial & Managerial Accounting, Williams, Haka, Bettner, Carcello, 17th edition, McGraw-Hill.
Learning Outcomes
- 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
- To be able to interpret and evaluate the discussions on the theoretical aspects of International Banking and Finance.
- To be able to identify regional and global problems that directly or indirectly affect financial issues, to develop solutions and strategies based on evidence and research.
- To be able to define, evaluate and interpret the classical and current theories of international banking and finance policies and strategies, differences and relationships between them.
- To have social, scientific and ethical values in the collection, interpretation, announcement and application of data in the field of international banking and finance and to assimilate these values.
- To be able to follow, understand, interpret and analyze the changing trends in banking and financial activities in the world at an advanced level, and apply innovation and innovative working principles.
- To be able to set goals and take initiatives to achieve them, to be creative and open to criticism and to have professional competencies at an advanced level.
- To have an advanced level of foreign language to follow and use the information in the field and to communicate with colleagues.
- To have advanced computer software and hardware knowledge required by the field of International Banking and Finance, and to be able to use information and communication technologies at an advanced level.
- To be able to use theoretical and practical knowledge gained in the field of International Banking and Finance at an advanced level.
- To be able to benefit from other fields that form the basis of financial policies and to understand the interaction between these disciplines.
- To be able to examine the basic problems in the field of International Banking and Finance with scientific methods, to interpret and evaluate the data.
- To be able to take responsibility individually and as a team member to solve complex problems encountered in practice related to International Banking and Finance, and to produce solutions.
- To be able to critically evaluate the knowledge and skills acquired in the fields of International Banking and Finance, to determine learning needs and to carry the learning process to an advanced level.
- To inform experts or non-experts on financial issues, to share their ideas and problems and solution methods by supporting them with quantitative and qualitative data.
Po-Lo Matrix
| LO | Average | ||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| L01 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |