ECTS - Engineering Cost Analysis

Engineering Cost Analysis (IE206) Course Detail

Course Name Course Code Season Lecture Hours Application Hours Lab Hours Credit ECTS
Engineering Cost Analysis IE206 3 0 0 3 3
Pre-requisite Course(s)
Course Language English
Course Type N/A
Course Level Bachelor’s Degree (First Cycle)
Mode of Delivery Face To Face
Learning and Teaching Strategies Lecture, Demonstration, Drill and Practice, Observation Case Study, Team/Group.
Course Coordinator
Course Lecturer(s)
  • Instructor Dr. Çağlar Utku GÜLER
Course Assistants
Course Objectives This course aims to provide the tools necessary to interpret and use accounting information related to the business environment, by concentration on the end uses of accounting information.
Course Learning Outcomes The students who succeeded in this course;
  • Students will recognize essential business and accounting terminology.
  • Students will become intelligent users of financial information in making critical business decisions.
  • Students will have the basic skills of financial statement analysis
  • Students will have a grasp of manufacturing costs and product costing.
Course Content Organization, measurement and interpretation of economic information; basics of financial accounting; cost concepts and costing techniques; cost-volume-profit analysis; budgeting.

Weekly Subjects and Releated Preparation Studies

Week Subjects Preparation
1 Introduction, Forms of organizations in Turkey, Basic Accounting Equation
2 Financial Statements: The account, Accounting System in Turkey
3 Accounting for Merchandizing Operations and inventories
4 Plant and intangible assets: Depreciation, methods used in Turkey
5 Midterm I
6 Long-term liabilities , stockholders’ equity, retained earnings
7 Financial Statement analysis
8 Cost Concepts
9 Cost-volume-profit analysis
10 Job Order Costing
11 Midterm II
12 Process costing
13 Activity Based Costing
14 Budgeting and variance
15 Final Examination Period
16 Final Examination Period


Course Book 1. Williams, Haka, Bettner, Financial and Managerial Accounting: The Basis for Business Decisions, McGraw Hill, 14th Edition, 2008.
Other Sources 2. Weygandt, J.J., Kieso, D.E., and Kimmel, P.D., Accounting Principles, 5th Edition, Wiley, 1998.
3. Can Şımga Muğan, Nazlı Hoşal Akman, Principles of Financial Accounting Conflux of International and Turkish Law, Akademi Yayın Evi, 2001.
4. Moriarity, S., and Allen, C.P., Cost Accounting, 3rd Edition, Wiley, 1991.
5. Horngren, C.T., and Foster, G., Cost Accounting A Management Emphasis, 11th Edition, Prentice Hall, 2002.
6. Needles, B.E., Powers, M., Caldwell, J.C., and Crosson, S.V., Principles of Accounting, 7th Edition, Houghton Mifflin, 1999.
7. Hollander, A., Cherrington, J.O., and Denna, E.L., Accounting, Information Technology, and Business Decisions, 2nd Edition, McGraw-Hill, 1999.

Evaluation System

Requirements Number Percentage of Grade
Attendance/Participation - -
Laboratory - -
Application - -
Field Work - -
Special Course Internship - -
Quizzes/Studio Critics - -
Homework Assignments 2 5
Presentation - -
Project 1 10
Report - -
Seminar 2 50
Midterms Exams/Midterms Jury - -
Final Exam/Final Jury 1 35
Toplam 6 100
Percentage of Semester Work 65
Percentage of Final Work 35
Total 100

Course Category

Core Courses X
Major Area Courses
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 An ability to apply knowledge of mathematics, science and engineering to Industrial Engineering; an ability to apply theoretical and practical knowledge to model and solve engineering problems. X
2 An ability to identify, formulate and solve complex engineering problems; an ability to select and apply proper analysis and modeling methods. X
3 An ability to design a complex system, process, tool or component to meet desired needs within realistic constraints; an ability to apply modern design.
4 An ability to develop, select and put into practice techniques, skills and modern engineering tools necessary for engineering practice; an ability to use information technology effectively.
5 An ability to design, conduct experiments, collect data, analyze and interpret results for the study of complex engineering problems or disciplinary research topics. X
6 An ability to work individually, on teams, and/or on multidisciplinary teams. X
7 Ability to communicate effectively in Turkish orally and in writing; knowledge of at least one foreign language; effective report writing and understand written reports, preparing design and production reports, making effective presentations, giving and receiving clear and understandable instruction. X
8 A recognition of the need for, and an ability to engage in life-long learning; an ability to use information-seeking tools and to follow the improvements in science and technology.
9 An ability to behave according to the ethical principles, an understanding of professional and ethical responsibility. Information on standards used in industrial engineering applications.
10 Knowledge of business applications such as project management, risk management and change management. A recognition of entrepreneurship, innovativeness. Knowledge of sustainable improvement.
11 Information on the effects of industrial engineering practices on health, environment and security in universal and societal dimensions and the information on the problems of the in the field of engineering of the era. Awareness of the legal consequences of engineering solutions.
12 An ability to design, development, implementation and improvement of integrated systems that include human, materials, information, equipment and energy.
13 Knowlede on appropriate analytical, computational and experimental methods to provide system integration. X

ECTS/Workload Table

Activities Number Duration (Hours) Total Workload
Course Hours (Including Exam Week: 16 x Total Hours) 16 3 48
Special Course Internship
Field Work
Study Hours Out of Class 16 1 16
Presentation/Seminar Prepration
Homework Assignments 2 2 4
Quizzes/Studio Critics
Prepration of Midterm Exams/Midterm Jury 2 2 4
Prepration of Final Exams/Final Jury 1 3 3
Total Workload 75