INTERNATIONAL BURCH UNIVERSITY
Faculty of Economics and Social Sciences
Department of Banking and Finance
2016-2017

SYLLABUS
Code Name Level Year Semester
BAF 224 Cost Accounting Undergraduate 3 Fall
Status Number of ECTS Credits Class Hours Per Week Total Hours Per Semester Language
5 124 English

Instructor Assistant Coordinator
Elvisa Buljubašić, Senior Teaching Assistant Ali Coskun Ali COŞKUN, Prof. Dr.
[email protected] [email protected] no email

The course focuses on a global view of Cost Accounting. The course will take both a practical and theoretical approach. It provides key data to managers for planning and controlling, as well as data on costing products, services, and customers. By focusing on basic concepts, analyses, uses, and procedures instead of procedures alone, we recognize cost accounting as a managerial tool.

COURSE OBJECTIVE
This course is designed to describe the cost concepts, cost behaviours, and cost accounting techniques that are applied to manufacturing and service businesses. It applies cost concepts and cost behaviours in the solving of management decision.

COURSE CONTENT
Week
Topic
  1. An Introduction to Cost and Managerial Accounting
  2. Cost Concepts
  3. Cost Concepts
  4. Job Order Costing
  5. Job Order Costing
  6. Allocation of Support Departments’ Costs
  7. Cost Allocation: Joint Products and Byproducts
  8. Midterm Exam
  9. Activity Based Costing
  10. Activity Based Costing
  11. Process Costing
  12. Process Costing
  13. Cost-Volume-Profit Relationships
  14. Cost-Volume-Profit Relationships
  15. Review for Final Exam

LABORATORY/PRACTICE PLAN
Week
Topic

    TEACHING/ASSESSMENT
    Description
    • Interactive Lectures
    • Practical Sessions
    • Excersises
    • Problem solving
    • Assignments
    Description (%)
    Method Quantity Percentage (%)
    Quiz315
    Midterm Exam(s)135
    Final Exam150
    Total: 100
    Learning outcomes
    • Identify and calculate different types of costs (direct, indirect, variable and fixed costs)
    • Determine the product cost by means of full-costing and direct-costing methods
    • Distinguish between job-costing and process-costing
    • Prepare and interpret a cost-volume-profit graph
    • Compute break-even point
    • Distinguish between variable and activity based costing
    TEXTBOOK(S)
    • Cost Accounting, A Managerial Emphasis, 12/e, Charles T. Horngren, Srikant M. Datar & Madhav V. Rajan, 2012, Prentice Hall International.

    ECTS (Allocated based on student) WORKLOAD
    Activities Quantity Duration (Hour) Total Work Load
    Lecture (14 weeks x Lecture hours per week)15230
    Laboratory / Practice (14 weeks x Laboratory/Practice hours per week)15115
    Midterm Examination (1 week)122
    Final Examination(1 week)122
    Preparation for Midterm Examination11515
    Preparation for Final Examination13030
    Assignment / Homework/ Project31030
    Seminar / Presentation 0
    Total Workload: 124
    ECTS Credit (Total workload/25): 5