Course Name | Advanced Management Accounting |
Code | Semester | Theory (hour/week) | Application/Lab (hour/week) | Local Credits | ECTS |
---|---|---|---|---|---|
ACC 450 | Fall/Spring | 3 | 0 | 3 | 6 |
Prerequisites | None | |||||
Course Language | English | |||||
Course Type | Elective | |||||
Course Level | First Cycle | |||||
Mode of Delivery | - | |||||
Teaching Methods and Techniques of the Course | DiscussionProblem SolvingCase StudyQ&ALecture / Presentation | |||||
Course Coordinator | - | |||||
Course Lecturer(s) | - | |||||
Assistant(s) | - |
Course Objectives | This course aims students to improve their basic knowledge in cost and management accounting area by providing advanced management accounting technics where they can use for higher level strategic and managerial decisions. The course emphasizes that the accountants are one of the members of crossfunctional teams as they are essential for modern business environment. |
Learning Outcomes | The students who succeeded in this course;
|
Course Description | This advanced level managerial accounting course covers relationships between strategy and management accounting, cost estimation, value chain costing, business process reengineering, target costing, measuring and managing cost of quality, cost of capacity, environmental costs, analyzing cost in lean manufacturing environment, measuring and managing shareholder value. |
Related Sustainable Development Goals |
| Core Courses | |
Major Area Courses | X | |
Supportive Courses | ||
Media and Managment Skills Courses | ||
Transferable Skill Courses |
Week | Subjects | Required Materials |
1 | Strategy and Management Accounting | Selected Readings |
2 | Cost Estimation | Selected Readings |
3 | Value Chain Costing | Selected Readings |
4 | Business Process Reengineering | Selected Readings |
5 | Target Costing | Selected Readings |
6 | Target Costing – Case studies | Selected Readings |
7 | Measuring and Managing Capacity Costs | Selected Readings |
8 | Midterm Exam | |
9 | Measuring and Managing Quality Costs | Selected Readings |
10 | Measuring and Managing Quality Costs – Case studies | Selected Readings |
11 | Measuring and Managing Environmental Costs | Selected Readings |
12 | Management Accounting In the Age of Lean Production | Selected Readings |
13 | Management Accounting In the Age of Lean Production | Selected Readings |
14 | Measuring and Managing Shareholder Value Creation | Selected Readings |
15 | Measuring and Managing Shareholder Value Creation | Selected Readings |
16 | Review of the semester |
Course Notes/Textbooks | Management Accounting: A Strategic Focus, Shahid Ansari, Janice Bell, Thomas Klammer, 2004, Cengage Learning. |
Suggested Readings/Materials | Statements of Management Accounting, IMA (Institute of Management Accountants), http://www.imanet.org/ |
Semester Activities | Number | Weigthing |
Participation | 1 | 10 |
Laboratory / Application | ||
Field Work | ||
Quizzes / Studio Critiques | ||
Portfolio | ||
Homework / Assignments | 1 | 10 |
Presentation / Jury | ||
Project | ||
Seminar / Workshop | ||
Oral Exam | ||
Midterm | 1 | 40 |
Final Exam | 1 | 40 |
Total |
Weighting of Semester Activities on the Final Grade | 50 | |
Weighting of End-of-Semester Activities on the Final Grade | 50 | |
Total |
Semester Activities | Number | Duration (Hours) | Workload |
---|---|---|---|
Course Hours (Including exam week: 16 x total hours) | 16 | 3 | 48 |
Laboratory / Application Hours (Including exam week: 16 x total hours) | 16 | ||
Study Hours Out of Class | 0 | ||
Field Work | |||
Quizzes / Studio Critiques | |||
Portfolio | |||
Homework / Assignments | 1 | 30 | |
Presentation / Jury | |||
Project | |||
Seminar / Workshop | |||
Oral Exam | |||
Midterms | 1 | 40 | |
Final Exams | 1 | 50 | |
Total | 168 |
# | Program Competencies/Outcomes | * Contribution Level | ||||
1 | 2 | 3 | 4 | 5 | ||
1 | To be able to acquire theoretical and practical knowledge and skills in the area. | |||||
2 | To be able to approach problems with an analytical and holistic viewpoint. | X | ||||
3 | To be able to gain knowledge about both national and international accounting and auditing standards. | |||||
4 | To be able to communicate the findings and solutions to the accounting and auditing problems in written and oral formats. | X | ||||
5 | To be able to critically evaluate the performance of accounting and other related management information systems, and organizations. | |||||
6 | To be able to develop innovative and creative approach to real-life business issues. | |||||
7 | To be able to integrate knowledge gained in the main areas of accounting and auditing through a strategic perspective. | |||||
8 | To be able to act in accordance with the scientific and ethical values in studies related to accounting and auditing. | X | ||||
9 | To be able to demonstrate both leadership and team-work skills through being an efficient and effective team member. | |||||
10 | To be able to have an ethical perspective and social responsiveness when evaluating and making business decisions. | |||||
11 | To be able to collect data in the area of business administration and communicate with colleagues in a foreign language ("European Language Portfolio Global Scale", Level B1). | |||||
12 | To be able to speak a second foreign at a medium level of fluency efficiently. | |||||
13 | To be able to relate the knowledge accumulated throughout the human history to their field of expertise. |
*1 Lowest, 2 Low, 3 Average, 4 High, 5 Highest