GAZI UNIVERSITY INFORMATION PACKAGE - 2019 ACADEMIC YEAR

COURSE DESCRIPTION
COST ACCOUNTING I/BUAD303
Course Title: COST ACCOUNTING I
Credits 3 ECTS 8
Semester 5 Compulsory/Elective Compulsory
COURSE INFO
 -- LANGUAGE OF INSTRUCTION
  Turkish
 -- NAME OF LECTURER(S)
  Prof. Dr. Figen ZAİF
 -- WEB SITE(S) OF LECTURER(S)
  http://websitem.gazi.edu.tr/site/figena
 -- EMAIL(S) OF LECTURER(S)
  figena@gazi.edu.tr
 -- LEARNING OUTCOMES OF THE COURSE UNIT
Knows the basic concepts of cost accounting; grasp the distinction between costs, expenses and loss,
Knows the factors that affect the cost accounting system,
Explains cost system which consist of components,
Manipulates the distribution of expenditure according to product
Calculates the cost of the composite and side products
 -- MODE OF DELIVERY
  Face to face teaching
 -- PREREQUISITES AND CO-REQUISITES
  Preferred Pre-courses to have been successfully completed: Financial Accounting I, II and Intermediate Accounting
 -- RECOMMENDED OPTIONAL PROGRAMME COMPONENTS
  Cost Accounting II
 --COURSE CONTENT
1. Week  Basic concepts of cost- Classification of costs
2. Week  Direct Raw Materials and Supplies and Indirect Costs of Material Determination
3. Week  Determination of direct labor and indirect labor costs
4. Week  Determination of the Overhead
5. Week  Flexible Overhead Budget Preparation
6. Week  Preparing of Statements of Cost of Sales- According to the accounts and records of cost Uniform Chart of Accounts
7. Week  Classification of Costing Systems, Factors Affecting Cost Systems
8. Week  Midterm Exam
9. Week  Standard Costing Systems and Conceptual Frame
10. Week  Standard Costing Systems- Variance Analysis
11. Week  Job Order Costing System- Conceptual Frame
12. Week  Job Order Costing System on Base of Turkish Uniform of Chart of Accounting System
13. Week  Process Costing System- Conceptual Frame
14. Week  Process Costing System- FIFO Method and Average Cost System
15. Week  Process Costing System- FIFO Method and Average Cost System
16. Week  Final Exam
 -- RECOMMENDED OR REQUIRED READING
  Charles T. Horngren, Srikant M. Datar, George Foster "Cost Accounting - A Managerial Emphasis" 11th Edition H. Kamil Büyükmirza "Maliyet ve Yönetim Muhasebesi, Gazi Kitabevi, 19. Baskı, 2014
 -- PLANNED LEARNING ACTIVITIES AND TEACHING METHODS
  Lecture, Question & Answer, Demonstration, Practice
 -- WORK PLACEMENT(S)
  None
 -- ASSESSMENT METHODS AND CRITERIA
 
Quantity
Percentage
 Mid-terms
1
40
 Assignment
0
0
 Exercises
0
0
 Projects
0
0
 Practice
0
0
 Quiz
0
0
 Contribution of In-term Studies to Overall Grade  
40
 Contribution of Final Examination to Overall Grade  
60
 -- WORKLOAD
 Efficiency  Total Week Count  Weekly Duration (in hour)  Total Workload in Semester
 Theoretical Study Hours of Course Per Week
14
3
42
 Practising Hours of Course Per Week
0
 Reading
14
3
42
 Searching in Internet and Library
14
3
42
 Designing and Applying Materials
0
 Preparing Reports
0
 Preparing Presentation
0
 Presentation
0
 Mid-Term and Studying for Mid-Term
2
5
10
 Final and Studying for Final
2
5
10
 Other
14
4
56
 TOTAL WORKLOAD: 
202
 TOTAL WORKLOAD / 25: 
8.08
 ECTS: 
8
 -- COURSE'S CONTRIBUTION TO PROGRAM
NO
 PROGRAM LEARNING OUTCOMES
1
2
3
4
5
1To gain the required the basic knowledge of business’s functions of management and organization, marketing, production, accounting and finance, and related to other disciplines and to be able to critically questioned.X
2To save the changes in balance sheet items and occurring within a particular period in the elements of income and expenditure in the business, to classes, to analyze the results by reporting to relevant persons and groups.X
3To conduct research for the solution of business problems, to interpret the information obtained from the field, to be able to develop solutions and prepare a project.X
4To be able to develop the necessary strategies which is related to marketing and sales and to apply them by combining the technologies according to require of the day.X
5To analyze how to reach the necessary resources to be brought together of the production factors to enhance the spirit of entrepreneurship.X
6To plan, apply or control the required strategies which is related to production and to use information about modern production systemX
7To direct learning process that is acquired knowledge and skills in the functions of business as with the principle of lifelong learning.X
8To ensure the increase business value and to evaluate development of capital markets and international financial markets.X
9To understand classical, neoclassical and modern approaches on the management process, to analyze human resources, selection and recruitment, to regulate human relations in organizations.X
10To be able to express with at least one foreign language which is acquired knowledge and skills in the functions of business, and to be able to use information technology related businesses when its necessary.X
11To gain problem-solving skill, follows the changes in the world related to the functions of business, and have ability to promote innovation.X
12To act according to the values and social ethics which is related to business fields, and to have necessary awareness of The universality of social rights, social justice, quality, environmental and cultural values protection, occupational health and safety.X
13To gain professional competence in order to work in non-governmental organizations in the private and public sector.X