GAZI UNIVERSITY INFORMATION PACKAGE - 2019 ACADEMIC YEAR

COURSE DESCRIPTION
ADVANCED COST ACCOUNTING/1180005
Course Title: ADVANCED COST ACCOUNTING
Credits 3 ECTS 7.5
Semester 1 Compulsory/Elective Compulsory
COURSE INFO
 -- LANGUAGE OF INSTRUCTION
  Turkish
 -- NAME OF LECTURER(S)
  Prof. H. Kamil Buyukmirza, Ph.D, MBA, CPA
 -- WEB SITE(S) OF LECTURER(S)
  http://websitem.gazi.edu.tr/site/bmirza
 -- EMAIL(S) OF LECTURER(S)
  bmirza@gazi.edu.tr
 -- LEARNING OUTCOMES OF THE COURSE UNIT
Obtains knowledge on the structure, design and operation of cost accounting system.
Learns ways of solution to problems encountered during cost determination.
Learns the creation of strategic cost management database in enterprise.
Makes resource budgeting and budgeting activities using advanced cost data tables.





 -- MODE OF DELIVERY
  The mode of delivery of this course is Face to face
 -- PREREQUISITES AND CO-REQUISITES
  There is no prerequisite or co-requisite for this course.
 -- RECOMMENDED OPTIONAL PROGRAMME COMPONENTS
  There is no recommended optional programme component for this course.
 --COURSE CONTENT
1. Week  Introduction: Nature and scope of cost accounting.
2. Week  Terms: Cost, expense, expenditure, consumption, loss. Classifications: Accounting and opportunity cost, investment and operating costs, product and pe
3. Week  Flow of revenues and costs to financial statements.
4. Week  Development of cost accounts in a cost accounting system.
5. Week  Operation of main cost accounts: Option 7/A in Uniform Accounting System.
6. Week  Operation of subsidiary cost accounts: Option 7/A in Uniform Accounting System. Option 7/A in service industries. Cost records in 7/B.
7. Week  Cost accumulation: materials, labor, depreciation and other costs.
8. Week   Mid-Term Exam.
9. Week  Cost centers and cost allocation among cost centers.
10. Week  Cost application to products: Full absorption, normal absorption and variable costing. Job costing.
11. Week  Predetermined overhead rates in job costing. Activity-based costing.
12. Week  Cost application to products: Process costing.
13. Week  Spoilage, defective units, waste and scrap.
14. Week  Costing joint products and by-products.
15. Week  Standard costing.
16. Week  Final exam
 -- RECOMMENDED OR REQUIRED READING
  H. Kamil Büyükmirza "Maliyet ve Yönetim Muhasebesi” Gazi Kitabevi, 17. Baskı, 2012. Charles T. Horngren, Srikant M. Datar, George Foster "Cost Accounting - A Managerial Emphasis" 11th Edition
 -- PLANNED LEARNING ACTIVITIES AND TEACHING METHODS
  Lecture, Question & Answer, Demonstration, Practice
 -- WORK PLACEMENT(S)
  None
 -- ASSESSMENT METHODS AND CRITERIA
 
Quantity
Percentage
 Mid-terms
1
50
 Assignment
0
0
 Exercises
0
0
 Projects
0
0
 Practice
0
0
 Quiz
0
0
 Contribution of In-term Studies to Overall Grade  
50
 Contribution of Final Examination to Overall Grade  
50
 -- 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
4
8
 Final and Studying for Final
2
4
8
 Other
10
4
40
 TOTAL WORKLOAD: 
182
 TOTAL WORKLOAD / 25: 
7.28
 ECTS: 
7.5
 -- COURSE'S CONTRIBUTION TO PROGRAM
NO
 PROGRAM LEARNING OUTCOMES
1
2
3
4
5
1Learns the fundamental principles and concepts of accounting.X
2Follows up to date academic papers and new trends in accountingX
3Learns the functions and operations of national and international accounting regulationsX
4Gains the ability of analyzing and solving all sorts of possible accounting problems that firms confront withX
5Comprehends the issue of Net Working Capital and Cash Flow problems and prepare the related statementsX
6Comprehends the proper costing analysis for management decisionsX
7Knows the fundamental accounting principles and financial statement analysisX
8Learns both fundamental and contemporary topics in cost accounting through up to date casesX
9Analyzes special topics in joint venture accounting and understands their applications in accountingX
10Learns financial reporting standards and makes comparative analysis and applications.X
11Knows fundamental accounting theories and compares them with the modern theoriesX
12Learns advanced business accounting and cost accounting. Analyzes complicated topics such as accounting of financial instruments.X
13Gets comprehensive knowledge of auditing and learns independent auditing standards and their applicationsX
14Understands econometric models in accounting and learns their application to real cases.X