FACULTY OF BUSINESS

Department of Business Administration

ACC 401 | Course Introduction and Application Information

Course Name
Strategic Management Accounting and Control
Code
Semester
Theory
(hour/week)
Application/Lab
(hour/week)
Local Credits
ECTS
ACC 401
Fall/Spring
3
0
3
6

Prerequisites
  BA 350 To get a grade of at least FD
Course Language
English
Course Type
Elective
Course Level
First Cycle
Mode of Delivery -
Teaching Methods and Techniques of the Course Problem Solving
Course Coordinator
Course Lecturer(s)
Assistant(s)
Course Objectives The aims of this course are to extend the students’ introductory knowledge in cost and management accounting (BA 350),by providing them new tools and methods to be used in decision making, to develop a new perspective for the students in terms of combining cost information and strategy of the entity, and to show how to use the cost information in managerial control that is one of the main functions of management.
Learning Outcomes The students who succeeded in this course;
  • Apply activity based costing method by distinguishing it from traditional costing methods.
  • Use cost information in pricing decisions by various technics.
  • Prepare master budgets considering responsibility accounting.
  • Understand standard costs.
  • Conduct variance analysis (direct cost, overhead, yield, operational variances) for managerial control.
  • Analyze customer profitabiliy by using sales variances.
  • Understand the essentials of performance measurement and control in both public and private entites.
  • Measure divisional performance by transfer pricing.
Course Description This course demonstrates how the strategy of the business affect management accounting methods and how cost information can be used in managerial control. The topics of the course are essentials of managerial control, activity based costing and activity based management, pricing strategies such as life cycle costing, target costing, throughput accounting and environmental accounting, master budgets and responsibility accounting, standard costing, flexible budgets and variance analysis, customer profitability analysis and sales variances, transfer pricing and essentials of performance measurement and control for both private and public entities.

 



Course Category

Core Courses
Major Area Courses
X
Supportive Courses
Media and Management Skills Courses
Transferable Skill Courses

 

WEEKLY SUBJECTS AND RELATED PREPARATION STUDIES

Week Subjects Related Preparation
1 An Overview of Management Control Related part of course package
2 Activity Based Costing and Activity Based Management Chapter 5
3 Activity Based Costing and Activity Based Management Chapter 5
4 Pricing Strategies: Effects of Life Cycle Costing, Target Costing, Throughput Accounting, Environmental Accounting Chapter 12-18
5 Pricing Strategies: Effects of Life Cycle Costing, Target Costing, Throughput Accounting, Environmental Accounting Chapter 12-18
6 Midterm / Master Budgets and Responsibility Accounting Chapter 6
7 Master Budgets and Responsibility Accounting Chapter 6
8 Flexible Budgets, Standard Costing: Variance Analysis and Management Control – Direct cost, overhead, yield, operational variances Chapter 7-8
9 Flexible Budgets, Standard Costing: Variance Analysis and Management Control – Direct cost, overhead, operational variances Chapter 7-8
10 Flexible Budgets, Standard Costing: Variance Analysis and Management Control – Direct cost, overhead, operational variances Chapter 7-8
11 Customer Profitability Analysis and Sales-Variance Analysis (Sales mix, Quantity variances) Chapter 14
12 Customer Profitability Analysis and Sales-Variance Analysis (Sales mix, Quantity variances) Chapter 14
13 Transfer Pricing and Management Control - Measuring divisional performance Chapter 22
14 Transfer Pricing and Management Control - Measuring divisional performance Chapter 22
15 Essentials of Performance Measurement and Control - technical and behavioral aspects - Private and Public Entities Related part of course package
16 Final Exam

 

Course Notes/Textbooks

Horngren, C. T., Sundem, G. L., Burgstahler, D., Schatzberg, J. (2014). Introduction to management accounting. Boston: Pearson Education Limited 16th ed. ISBN-13: 987-0-273-79001-3

Suggested Readings/Materials

1. Available as ebook at the Library

Management Accounting : Principles and Applications

Coombs, Hugh ; Jenkins, D Ellis ; and more   SAGE Publications  SAGE Publications   2005

ISBN: 97814129084369781847877116

 

2. Available as ebook at the Library

The Price Advantage

Baker, Walter L. ; Marn, Michael V. ; and more   John Wiley & Sons, Incorporated  John Wiley & Sons, Incorporated   2010

ISBN: 9780470481776978047063298

 

EVALUATION SYSTEM

Semester Activities Number Weigthing
Participation
Laboratory / Application
Field Work
Quizzes / Studio Critiques
Portfolio
Homework / Assignments
1
10
Presentation / Jury
Project
Seminar / Workshop
Oral Exams
Midterm
1
40
Final Exam
1
50
Total

Weighting of Semester Activities on the Final Grade
2
50
Weighting of End-of-Semester Activities on the Final Grade
1
50
Total

ECTS / WORKLOAD TABLE

Semester Activities Number Duration (Hours) Workload
Theoretical Course Hours
(Including exam week: 16 x total hours)
16
3
48
Laboratory / Application Hours
(Including exam week: '.16.' x total hours)
16
0
Study Hours Out of Class
15
3
45
Field Work
0
Quizzes / Studio Critiques
0
Portfolio
0
Homework / Assignments
1
10
10
Presentation / Jury
0
Project
0
Seminar / Workshop
0
Oral Exam
0
Midterms
1
27
27
Final Exam
1
38
38
    Total
168

 

COURSE LEARNING OUTCOMES AND PROGRAM QUALIFICATIONS RELATIONSHIP

#
Program Competencies/Outcomes
* Contribution Level
1
2
3
4
5
1

To be able to solve problems with an analytical and holistic viewpoint in the field of business administration.

X
2

To be able to present the findings and solutions to the business problems in written and oral formats.

3

To be able to interpret the application of business and economic concepts, and philosophies at the national and international levels.

X
4

To be able to use innovative and creative approach for real-life business situations.

5

To be able to demonstrate leadership skills in different business situations.

6

To be able to interpret the reflections of new technologies and softwares to business dynamics.   

7

To be able to integrate knowledge gained in the five areas of business administration (marketing, production, management, accounting, and finance) through a strategic perspective.

8

To be able to act in accordance with the scientific and ethical values in studies related to business administration.

X
9

To be able to work efficiently and effectively as a team member.

10

To be able to have an ethical perspective and social responsiveness when making and evaluating 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

 


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