BUS242 MANAGERIAL ACCOUNTING
| Course Code: | 3530242 |
| METU Credit (Theoretical-Laboratory hours/week): | 3 (3.00 - 0.00) |
| ECTS Credit: | 6.0 |
| Department: | Business Administration |
| Language of Instruction: | English |
| Level of Study: | Undergraduate |
| Course Coordinator: | Lecturer Dr. BURÇAK ÖZOĞLU |
| Offered Semester: | Spring Semesters. |
Course Objectives
The objective of this course is to teach students the basic managerial accounting concepts for effective use of organisational resources to create customer and shareholder value.
Course Content
Introduction to managerial accounting. Accounting as an informational system to provide managers with the basis for decision making. Includes basic CVP analysis, job and process costing, standard costing and variance analysis, as well as specific situational decision-making matrices.
Course Learning Outcomes
On successful completion of this course, all students will have developed knowledge and understanding of
- Differences between financial and managerial accounting
- Different costing systems and cost behavior Analysis
- How changes in costs and volume affect a company’s profits
- Identifying and explaining the variances between planned and actual costs
- Using information for short term decision making
- The Budgeting Process
- How to make pricing decisions, including target costing and transfer pricing
Program Outcomes Matrix
| Level of Contribution | |||||
| # | Program Outcomes | 0 | 1 | 2 | 3 |
| 1 | They attain advanced level of knowledge in the functional areas of business administration such as strategic management, marketing, accounting, finance, organization management, human resources, and operations management. | ✔ | |||
| 2 | They are capable of identifying and analyzing legal, environmental and social factors, which influence the basic functional areas of the business administration. | ✔ | |||
| 3 | They understand and implement rational, systematic and scientific approaches effectively in problem solving and decision-making processes. | ✔ | |||
| 4 | They are capable of applying, analyzing, synthesizing and evaluating the knowledge they have in diverse fields efficiently. | ✔ | |||
| 5 | They are capable of transferring information by using efficient verbal and written communication techniques. | ✔ | |||
| 6 | They are capable of performing professional communication effectively also in English. | ✔ | |||
| 7 | They know the methods of performing efficient teamwork. | ✔ | |||
| 8 | They are capable of following the contemporary techniques, scientific and technological developments in their fields and are able to conduct research and studies in order to develop their business administration related knowledge, skills, and competences. | ✔ | |||
| 9 | They are knowledgeable in the areas of professional ethics and responsibility. | ✔ | |||
| 10 | They are capable of utilizing their knowledge and skills efficiently in global and multicultural contexts. | ✔ | |||
| 11 | They are knowledgeable in the issues of environment, social responsibility, social justice, quality and cultural values. | ✔ | |||
| 12 | They have a creative, innovative and critical perspective. | ✔ | |||
0: No Contribution 1: Little Contribution 2: Partial Contribution 3: Full Contribution