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 |
|
|||||||
Course Language |
English
|
|||||||
Course Type |
Service Course
|
|||||||
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;
|
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. |
|
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: 9781412908436, 9781847877116
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: 9780470481776, 978047063298 |
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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