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Cyprus International University
TR

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

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COST ACCOUNTING FOR BUSINESS MANAGERS

Evaluation Tools (Active Term)

Item Type Weight (%)
Midterm Midterm 30
Final Final 40
Total 70

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

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

  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. Demonstrate advanced knowledge of core concepts and theoretical frameworks in Management Information Systems, and apply them to develop innovative models that reflect current advancements in the field.
  2. Analyze complex organizational problems and design integrated information systems solutions by applying advanced MIS knowledge and synthesizing multiple theoretical perspectives.
  3. Develop and manage database systems and data-driven applications that ensure effective storage, retrieval, and use of organizational data in real-world contexts.
  4. Utilize data analytics, business intelligence tools, and data visualization techniques to extract actionable insights and support strategic, data-driven decision-making.
  5. Evaluate and apply emerging technologies such as AI, IoT, and Blockchain to drive digital transformation, enhance organizational performance, and formulate original research inquiries.
  6. Conduct independent and collaborative research using appropriate methodologies, and communicate findings effectively through scholarly writing and presentations suited to diverse audiences.
  7. dentify and address ethical, legal, and societal implications in the research, development, and use of information technologies, adhering to scientific and professional standards.
  8. Collaborate effectively in multidisciplinary teams and demonstrate leadership in addressing complex technology-driven challenges.
  9. Apply project management methodologies and tools to plan, execute, and monitor IT projects within organizational settings.
  10. Develop and integrate information systems that align with organizational goals and strategies, supporting innovation and sustainable growth.
  11. Perform comprehensive systems analysis and design, including requirements gathering, modeling, prototyping, and evaluating enterprise system architectures such as ERP, CRM, and SCM.
  12. Assess and mitigate organizational information security risks by applying appropriate principles, technologies, and best practices in cybersecurity.

Po-Lo Matrix

LO Average
L01 - - - - - - - - - - - - -