ECTS - Cost Accounting
Cost Accounting (ISL308) Course Detail
| Course Name | Course Code | Season | Lecture Hours | Application Hours | Lab Hours | Credit | ECTS |
|---|---|---|---|---|---|---|---|
| Cost Accounting | ISL308 | 6. Semester | 3 | 0 | 0 | 3 | 6 |
| Pre-requisite Course(s) |
|---|
| N/A |
| Course Language | Turkish |
|---|---|
| Course Type | Compulsory Departmental Courses |
| Course Level | Bachelor’s Degree (First Cycle) |
| Mode of Delivery | Face To Face |
| Learning and Teaching Strategies | Lecture, Discussion, Question and Answer, Problem Solving. |
| Course Lecturer(s) |
|
| Course Objectives | Şirketlerin önemli bir kısmı reel sektörde üretim faaliyeti ile meşgul olduğu. Üretimin verimli olup olması, satış fiyatlarının hangisi ile ilgili olduğunu düşünüyor, hangilerini koruduğunu / koruduğunu biliyorsunuz. Bunlardan da önemlisi vergi yasalarına göre olsun, diğer yasalara göre olsun, toplam üretim maliyetinin ne olduğu, ne kadar satışın ne kadar satışa ne olduğunu söyleyerek yaklaşıyor, ne kadarının mevcut stoklar üzerinde kaldığının hesaplanması ve devam etmekte olan mali tabloların düzenlenmesi gerekiyor. Burada ileride maliyet ve fiyatlama kararları, kar ve vergi planları için malların ve hizmetlerin standartlarında bulunanlarla birlikte standartlarının maliyetlerinin hesaplanmasında kullanılan yöntemlerin tanıtılması bu dersin temel konusudur. Bu ders daha sonra alınacak yönetim muhasebesi ve ileri muhasebe derslerinin de temel alt yapısını ayarla. |
| Course Learning Outcomes |
The students who succeeded in this course;
|
| Course Content | Fundamentals of cost accounting within an industrial organization, the cost accounting functions relative to materials, labor, and factory overhead, job order and process cost systems, cost allocation, standard costing systems, activity-based costing systems. |
Weekly Subjects and Releated Preparation Studies
| Week | Subjects | Preparation |
|---|---|---|
| 1 | Content of cost concept, cost / expense / loss / product / revenue / income / profit / loss concepts in accounting literature Objectives of Cost Accounting, General place in accounting classification | |
| 2 | Content of Production Costs Cost / Expense separation and where they will take place in the financial statements Expense Flow Chart | |
| 3 | Flow of costs through Expense Flow Chart, A small case study | |
| 4 | Classification of Costs, (Full, Variable, Direct, Indirect Cost Separations) Decomposition of cost accounts in Uniform Account Plan Direct / Indirect First Materials and Materials Accounting of Direct / Indirect Material Costs on Expense Flow Chart, Accounting of inventory tracking | |
| 5 | Classification of Labor Costs (Direct / Indirect Labor) Payroll arrangement related to labor, Example of accounting by payroll, Distribution of Indirect Labor to Expenditures | |
| 6 | General Production Expenses Qualities, Types, Distribution keys that can be used in the distribution of these to the main, auxiliary, service expense locations, Distribution Switch Concept and switches that can be used. Analysis of an Expense Distribution Table in form and content | |
| 7 | Distribution of General Production Expenses on Expense Distribution Table, The concept of second distribution, Distribution keys, Distribution methods | |
| 8 | Midterm Exam | |
| 9 | Continue to organize Expense Distribution Table Methods Used in Second Distribution Accounting of Second Distribution | |
| 10 | Stage Cost Method Calculations of Single-Tier Enterprises Cost Calculation in Multi-threaded Enterprises Accounting of Calculations | |
| 11 | Order Cost Method Introduction of Order Cost Card, Solving Different Examples of Order Cost Method | |
| 12 | Problem solving according to a stage cost method with Expense Distribution Table and Other Information | |
| 13 | Expense Distribution Table and Order cost method to make appropriate examples | Study the relevant section of the book |
| 14 | Compound Cost / Compound Revenue Concept Cost Calculation Methods in Compound and By-Products Physical Distribution Method Distribution Method According to Net Sales Values Gross Profit Downloading Method from Net Sales Revenue Accounting of by-products and compound products | Study related parts of the book |
| 15 | Costing Method by Activity Analysis of Traditional Costing Methods and Role of Costing Method on Activity Basis Fundamental Principles of Costing Method by Activity Cost Expenditure Detection and Cost Calculations Combining Operating Drivers on Cost Bearers | Studying the related sections |
| 16 | Final Exam |
Sources
| Course Book | 1. H.Kamil Büyükmirza, Maliyet ve Yönetim Muhasebesi 21 nci baskı |
|---|---|
| 2. Mevlüt Karakaya, Maliyet Muhasebesi |
Evaluation System
| Requirements | Number | Percentage of Grade |
|---|---|---|
| Attendance/Participation | 1 | 10 |
| Laboratory | - | - |
| Application | - | - |
| Field Work | - | - |
| Special Course Internship | - | - |
| Quizzes/Studio Critics | - | - |
| Homework Assignments | 1 | 10 |
| Presentation | 1 | 10 |
| Project | - | - |
| Report | - | - |
| Seminar | - | - |
| Midterms Exams/Midterms Jury | 1 | 35 |
| Final Exam/Final Jury | 1 | 35 |
| Toplam | 5 | 100 |
| Percentage of Semester Work | 65 |
|---|---|
| Percentage of Final Work | 35 |
| Total | 100 |
Course Category
| Core Courses | |
|---|---|
| Major Area Courses | X |
| Supportive Courses | |
| Media and Managment Skills Courses | |
| Transferable Skill Courses |
The Relation Between Course Learning Competencies and Program Qualifications
| # | Program Qualifications / Competencies | Level of Contribution | ||||
|---|---|---|---|---|---|---|
| 1 | 2 | 3 | 4 | 5 | ||
| 1 | Gains the ability to use knowledge by acquiring conceptual and practical understanding of all core functions of business. | |||||
| 2 | Identifies problems related to the field of business and effectively uses scientific approaches in problem-solving and decision-making processes. | |||||
| 3 | Demonstrates and analyzes the environmental, social, global impacts and legal consequences of practices related to core business functions. | X | ||||
| 4 | Analyzes information and reports relevant to businesses at national, regional, and global levels, and sets strategic goals based on the results obtained. | X | ||||
| 5 | Gains the ability to use, report, and interpret Business Information Systems and their sub-modules required for business management. | X | ||||
| 6 | Plans the necessary activities such as taking risks, securing resources, conducting market analysis, and preparing business plans for starting a new venture and ensuring its sustainability with innovative and creative thinking, and applies the acquired knowledge accordingly. | |||||
| 7 | Supports oneself and the organization in terms of innovation and continuous improvement, while being aware that the process of research and learning is lifelong and following scientific and technological developments related to business. | |||||
| 8 | Acquires the necessary leadership and managerial skills to achieve business objectives effectively and efficiently. | X | ||||
| 9 | Conducts scientific research in the field of business and reports the research findings to be used in managerial decision-making processes. | |||||
| 10 | Uses effective verbal, written, and visual communication methods to convey information related to the field of business in the language of instruction and professional English. | |||||
| 11 | Develops awareness of professional ethics, environmental sensitivity, sustainability, social responsibility, and cultural, societal, and universal values. | |||||
| 12 | Takes initiative in working effectively with different disciplines or multicultural teams, assuming responsibility, conducting risk analysis, adapting to change, and applying critical thinking and problem-solving skills. | |||||
| 13 | . | |||||
ECTS/Workload Table
| Activities | Number | Duration (Hours) | Total Workload |
|---|---|---|---|
| Course Hours (Including Exam Week: 16 x Total Hours) | 16 | 3 | 48 |
| Laboratory | |||
| Application | |||
| Special Course Internship | |||
| Field Work | |||
| Study Hours Out of Class | 14 | 2 | 28 |
| Presentation/Seminar Prepration | 1 | 10 | 10 |
| Project | |||
| Report | |||
| Homework Assignments | 1 | 10 | 10 |
| Quizzes/Studio Critics | |||
| Prepration of Midterm Exams/Midterm Jury | 1 | 25 | 25 |
| Prepration of Final Exams/Final Jury | 1 | 35 | 35 |
| Total Workload | 156 | ||