BUSINESS ADMINISTRATION
Bachelor TR-NQF-HE: Level 6 QF-EHEA: First Cycle EQF-LLL: Level 6

Course Introduction and Application Information

Course Code Course Name Semester Theoretical Practical Credit ECTS
BA4661 Cost Accounting Spring 3 0 3 6
The course opens with the approval of the Department at the beginning of each semester

Basic information

Language of instruction: Tr
Type of course: Departmental Elective
Course Level: Bachelor
Mode of Delivery: Hybrid
Course Coordinator : Prof. Dr. ELİF OKAN
Course Objectives: This course is designed to enable students to understand fundamental cost accounting concepts, principles and procedures. Students will acquire the necessary skills in costing and procedures with a slight bias towards cost accounting.

Learning Outputs

The students who have succeeded in this course;
The students who have succeeded in this course;
1. understand fundamental cost accounting concepts,
principles and procedures
2. learn issues concerning, differences between financial
accounting and managerial accounting, cost accounting
systems and modern costing systems.
3. acquire the necessary skills in costing and procedures with
a slight bias towards cost accounting.

Course Content

It covers issues related to cost accounting systems and modern costing systems.

Weekly Detailed Course Contents

Week Subject Related Preparation
1) Oryantasyon • Kurs Programı İncelemesi • Beklentiler
2) Introduction to Cost Accounting Differences between managerial accounting and financial accounting and classifying costs and preparing income statement for a service company. POP QUIZ 1
3) Introduction to Cost Accounting Classifying costs and preparing income statement for a merchandising, and manufacturing company. POP QUIZ 2
4) Job Order Costing Distinguishing between job-order costing and process costing, recording materials and labor in a job-order costing system POP QUIZ 3
5) Job Order Costing Recording overhead in a job-order costing system, completion and sales of finished goods and adjustment for under or over-allocated overhead. POP QUIZ 4
6) Process Costing Allocate cost using a process costing system POP QUIZ 5
7) Process Costing Allocate cost using a process costing system POP QUIZ 6
8) Midterm
9) Activity Based Costing Developing activity based costs and using activity based management to achieve target costs
10) Activity Based Costing Developing activity based costs and using activity based management to achieve target cost POP QUIZ 7
11) Just-in Time Costing Describing just-intime production systems and recording its transactions POP QUIZ 8
12) Product Costing and Cost accumulation Types of Product Costs; Direct and indirect costs Overhead cost allocation: Two stage cost allocation POP QUIZ 9
13) Joint Cost Allocation POP QUIZ 10
14) Final Review, Problem section

Sources

Course Notes: Other required readings will be uploaded to students via Itslearning.
References: Horngren’s Accounting, Nobles, Mattison, Matsumura, Managerial Chapters, Pearson, 11th Global Edition

Evaluation System

Semester Requirements Number of Activities Level of Contribution
Attendance % 0
Laboratory % 0
Application % 0
Field Work % 0
Special Course Internship (Work Placement) % 0
Quizzes 10 % 20
Homework Assignments % 0
Presentation % 0
Project % 0
Seminar % 0
Midterms 1 % 30
Preliminary Jury % 0
Final 1 % 50
Paper Submission % 0
Jury % 0
Bütünleme % 0
Total % 100
PERCENTAGE OF SEMESTER WORK % 50
PERCENTAGE OF FINAL WORK % 50
Total % 100

ECTS / Workload Table

Activities Number of Activities Duration (Hours) Workload
Course Hours 14 3 42
Laboratory 0 0 0
Application 0 0 0
Special Course Internship (Work Placement) 0 0 0
Field Work 0 0 0
Study Hours Out of Class 6 14 84
Presentations / Seminar 0 0 0
Project 0 0 0
Homework Assignments 0 0 0
Quizzes 10 2 20
Preliminary Jury 0 0 0
Midterms 1 2 2
Paper Submission 0 0 0
Jury 0 0 0
Final 1 2 2
Total Workload 150

Contribution of Learning Outcomes to Programme Outcomes

No Effect 1 Lowest 2 Low 3 Average 4 High 5 Highest
           
Program Outcomes Level of Contribution
1) Being able to identify problems and ask right questions
2) Having problem solving skills and developing necessary analytical attitude
3) Comprehending theoretical arguments along with counter arguments in detail
4) Gaining awareness of lifelong learning and being qualified for pursuing graduate education
5) Applying theoretical concepts in project planning
6) Communicating efficiently by accepting differences and carrying out compatible teamwork
7) Increasing efficiency rate in business environment
8) Developing innovative and creative solutions in face of uncertainty
9) Researching to gather information for understanding current threats and opportunities in business
10) Being aware of the effects of globalization on society and business while deciding
11) Possessing digital competence and utilizing necessary technology
12) Communicating in at least one foreign language in academic and daily life
13) Possessing managing skills and competence
14) Deciding with the awareness of the legal and ethical consequences of business operations
15) Expressing opinions that are built through critical thinking process in business and academic environment