Ders Planı

Lesson Information

Course Credit	2.0
Course ECTS Credit	3.0
Teaching Language of Instruction	İngilizce
Level of Course	Associate's Degree, TYYÇ: Level 5, EQF-LLL: Level 5, QF-EHEA: Short Cycle
Type of Course	Compulsory
Mode of Delivery	Face-to-face
Does the course require compulsory or optional work experience?	Z
Course Coordinator
Instructor (s)
Course Assistant

Purpose and Content

The aim of the course	The Cost Accounting course aims to teach students the role and importance of cost accounting in business operations. This course introduces different types of cost and costing methods, enabling students to determine production costs and use cost data in managerial decision-making.
Course Content	The course covers fundamental concepts of cost accounting, types and classifications of costs (fixed, variable, direct, indirect), and costing methods like job order, process, and activity-based costing. Students will also learn unit cost calculations, overhead allocation, cost-volume-profit (CVP) analysis, and cost-based decision-making. They will use methods like FIFO, LIFO, and weighted average to calculate and analyze costs.

The aim of the course

The Cost Accounting course aims to teach students the role and importance of cost accounting in business operations. This course introduces different types of cost and costing methods, enabling students to determine production costs and use cost data in managerial decision-making.

Course Content

The course covers fundamental concepts of cost accounting, types and classifications of costs (fixed, variable, direct, indirect), and costing methods like job order, process, and activity-based costing. Students will also learn unit cost calculations, overhead allocation, cost-volume-profit (CVP) analysis, and cost-based decision-making. They will use methods like FIFO, LIFO, and weighted average to calculate and analyze costs.

Learning Outcomes

Possesses fundamental, up-to-date, and practical knowledge related to their field.
Demonstrates awareness of occupational health and safety, environmental responsibility, and quality assurance processes.
Identifies and explains core management concepts, functions, and major managerial approaches
Explains key business processes in areas such as marketing, human resources, accounting, finance, management, and production.
Integrates knowledge from related disciplines such as economics, behavioral sciences, sociology, psychology, and law within the context of the field.
Follows current developments and practices in the profession and applies them effectively.
Effectively utilizes information technologies (such as software, programs, animation, etc.) relevant to the profession.
Demonstrates the ability to independently evaluate professional problems and issues using an analytical and critical approach and offer appropriate solutions.
Communicates ideas effectively and clearly through both written and oral means, in line with acquired knowledge and skills.
Takes responsibility as a team member in solving complex and unforeseen problems encountered in field-related practices.
Demonstrates awareness of career management and lifelong learning.
Acts in accordance with social, scientific, cultural, and ethical values during the collection, implementation, and dissemination of field-related data.
Follows field-related knowledge and communicates with colleagues by using a foreign language.

Weekly Course Subjects

1	Introduction to Cost Accounting: Definition, purpose, and differences from financial accounting
2	Types and Classifications of Costs: Fixed vs. variable, direct vs. indirect, controllable vs. non-controllable
3	Elements of Cost: Direct materials, direct labor, factory overhead
4	Inventory Valuation Methods FIFO, LIFO, and Weighted Average methods
5	Inventory Valuation Methods FIFO, LIFO, and Weighted Average methods
6	Inventory Record Methods Perpetual system, Periodic system
7	Cost Allocations (Simple Allocation)
8	Cost Accounts (Journal & Ledger Records)
9	Cost Accounts (Journal & Ledger Records)
10	Cost – Volume – Profit Analysis
11	Costing Systems job order, process, and hybrid costing
12	Financial Statements Cost of Goods Manufactured (COGM), Cost of Goods Sold (COGS)
13	Financial Statements Cost of Goods Manufactured (COGM), Cost of Goods Sold (COGS)
14	Budgeting

Resources

Lecture notes

CLASS 1

CLASS 2

CLASS 3

CLASS 4

Lesson Information

Purpose and Content

Learning Outcomes

Weekly Course Subjects

Resources