Contemporary Approaches to Managerial Accounting

Content

Objective

The objective of the course is to analyze and discuss the contemporary cost accounting and performance measurement techniques.

Course 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 contemporary 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.

Weekly Contents