FACULTY OF BUSINESS

Department of Business Administration

ACC 450 | Course Introduction and Application Information

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 Discussion
Problem Solving
Case Study
Q&A
Lecture / 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;
  • Estimate costs methodologically.
  • Understand value chain costs.
  • Analyze capacity costs to manage idle capacity.
  • Understand the costing approach in lean manufacturing environments.
  • Analyze and report environmental costs.
  • Analyze and report the cost of quality.
  • Explain value creation process for shareholders.
  • Improve their decision making, judgmental and analytical skills
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.

 



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 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/

 

EVALUATION SYSTEM

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 Exams
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

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
0
Field Work
0
Quizzes / Studio Critiques
0
Portfolio
0
Homework / Assignments
1
30
30
Presentation / Jury
0
Project
0
Seminar / Workshop
0
Oral Exam
0
Midterms
1
40
40
Final Exam
1
50
50
    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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