Strategic Management Accounting(Mİ625)
| Course Code | Course Name | Semester | Theory | Practice | Lab | Credit | ECTS |
|---|---|---|---|---|---|---|---|
| Mİ625 | Strategic Management Accounting | 1 | 3 | 0 | 0 | 3 | 6 |
| Prerequisites | |
| Admission Requirements |
| Language of Instruction | Turkish |
| Course Type | Elective |
| Course Level | Masters Degree |
| Course Instructor(s) | İdil KAYA ikaya@gsu.edu.tr (Email) |
| Assistant | |
| Objective | The objective of the course is to analyze and discuss the strategic managerial accounting and performance measurement techniques. |
| Content |
1. Introduction to Management Accounting, Cost Terms And Financial Statements 2. Financial Analysis 3. Cash Flow Analysis 4. Cost Allocation Systems 5. Cost, Volume, Profit Analysis 6. Activity-Based Costing 7. Activity-Based Management 8. Pricing Decisions and Cost Analysis 9. Strategy, Balanced Scorecard and Strategy Profitability Analysis 10. Balanced Scorecards: Quality, Time and Theory of Constraints |
| Course Learning Outcomes |
This course will provide to 1. Have information on basic concepts of strategic management accounting. 2. Apply contemporary approaches such as activity-based costing, product life cycle costing and costing in accordance with just in time production and develop strategies in related to these approaches. 3. Prepare short term plans and budgets and compare forecasted data to actual data. 4. Measure cost of quality and develop strategies in order to decrease it. 5. Measure financial performance of companies by using balanced scorecard approach. |
| Teaching and Learning Methods | Lecture classes |
| References |
Charles Horngren, Gary L. Sunden, David Burgstahler, Jeff Schatzberg (2014), Introduction to Management Accounting, Pearson Education, 16. Edition (Global) Datar, S. M. and M.V. Rajan, Horngren's Cost Accounting A Managerial Emphasis, 16th ed., Pearson, 2018. Miller-Nobles, T. ; B. Mattison and E. M. Matsumura, Horngren's Cost Accounting The Managerial Chapters, 11th ed., Pearson, 2016. |
Theory Topics
| Week | Weekly Contents |
|---|---|
| 1 | Introduction to Strategic Management Accounting |
| 2 | Cost Terms And Financial Statements |
| 3 | Financial Analysis Techniques |
| 4 | Cost Allocation Systems |
| 5 | Cost, Volume, Profit Analysis |
| 6 | Activity-Based Costing 7. Activity-Based Management |
| 7 | Master Budgets |
| 8 | Flexible Budgets |
| 9 | Strategy, Balanced Scorecard and Strategy Profitability Analysis |
| 10 | Balanced Scorecards: Quality, Time and Theory of Constraints |
| 11 | Capital Budgeting and Strategic Cost Analyses |
| 12 | Strategic Performance Measurement |
| 13 | Transfer Pricing |
| 14 | Corporate Reporting |
Practice Topics
| Week | Weekly Contents |
|---|
Contribution to Overall Grade
| Number | Contribution | |
|---|---|---|
| Contribution of in-term studies to overall grade | 7 | 60 |
| Contribution of final exam to overall grade | 1 | 40 |
| Toplam | 8 | 100 |
In-Term Studies
| Number | Contribution | |
|---|---|---|
| Assignments | 5 | 10 |
| Presentation | 1 | 20 |
| Midterm Examinations (including preparation) | 1 | 30 |
| Project | 0 | 0 |
| Laboratory | 0 | 0 |
| Other Applications | 0 | 0 |
| Quiz | 0 | 0 |
| Term Paper/ Project | 0 | 0 |
| Portfolio Study | 0 | 0 |
| Reports | 0 | 0 |
| Learning Diary | 0 | 0 |
| Thesis/ Project | 0 | 0 |
| Seminar | 0 | 0 |
| Other | 0 | 0 |
| Toplam | 7 | 60 |
| No | Program Learning Outcomes | Contribution | ||||
|---|---|---|---|---|---|---|
| 1 | 2 | 3 | 4 | 5 | ||
| 1 | The student will be able to use the knowledge and skills needed for upper echelons of management. | X | ||||
| 2 | The student will be able to identify the behaviors to minimize the risks by taking into account internal and external conditions that effect the organization. | X | ||||
| 3 | The student should have the general knowledge about labor law, sociology, psychology, organizational sociology, logistics and quantitative methods that can be needed out of basic management functions. | X | ||||
| 4 | The student should have a command of information and communication technologies that are needed for professional business life. | X | ||||
| 5 | The student should keep the competitive power of business at higher levels in the increasing globalization and competition conditions with following visionary applications. | X | ||||
| 6 | The student will be able to identify the changes that are in the internal and external environment of business and the problems which are caused by these changes in time. Also, the student should improve solutions for these problems and apply them. | X | ||||
| 7 | The student will be able to generate the solutions for managerial problems with the help of management games and simulation techniques. | X | ||||
| 8 | The student should make presentations and discuss managerial problems at least two foreign languages. | X | ||||
| 9 | The student will be able to tend towards practices of case study and sample event assessment and contribute the projects in which he/she serves. | X | ||||
| 10 | The student should get the responsibility in teamwork and contribute to team work. | X | ||||
| 11 | The student should get the habit of updating his technical skills to adjust the changing and improving scientific and technologic environment. | X | ||||
| 12 | The student should make a principle of behaving ethical in business life and guarding the interests of his colleagues and business stakeholders. | X | ||||
| Activities | Number | Period | Total Workload |
|---|---|---|---|
| Class Hours | 14 | 3 | 42 |
| Working Hours out of Class | 14 | 3 | 42 |
| Assignments | 5 | 5 | 25 |
| Presentation | 1 | 5 | 5 |
| Midterm Examinations (including preparation) | 1 | 16 | 16 |
| Project | 0 | 0 | 0 |
| Laboratory | 0 | 0 | 0 |
| Other Applications | 0 | 0 | 0 |
| Final Examinations (including preparation) | 1 | 20 | 20 |
| Quiz | 0 | 0 | 0 |
| Term Paper/ Project | 0 | 0 | 0 |
| Portfolio Study | 0 | 0 | 0 |
| Reports | 0 | 0 | 0 |
| Learning Diary | 0 | 0 | 0 |
| Thesis/ Project | 0 | 0 | 0 |
| Seminar | 0 | 0 | 0 |
| Other | 0 | 0 | 0 |
| Total Workload | 150 | ||
| Total Workload / 25 | 6.00 | ||
| Credits ECTS | 6 | ||