Strategic Cost Management

Mode of Delivery

Face to Face

Prerequisites and Co-Requisites

None

Recommended Optional Programme Components

None

Course Contents

This course equips candidates with in-depth knowledge on cost accounting, management accounting and cost management concepts, strategic management, strategic measures of success, strategic cost management, strategic cost management systems, activity based costing, comparison of traditional costing and activity based costing, product life – cycle costing, comparison of traditional costing and product life – cycle costing, target costing, comparison of traditional costing and target costing, just in time costing, comparison of traditional costing and just in time costing, Kaizen costing, comparison of traditional costing and Kaizen costing.

Weekly Schedule

1) Cost Accounting, Management Accounting and Cost Management
2) Strategic Management
3) Strategic Measures of Success
4) Strategic Cost Management
5) Strategic Cost Management Systems
6) Activity Based Costing
7) Comparison of Traditional Costing and Activity Based Costing
8) Midterm Examination/Assessment
9) Product Life – Cycle Costing
10) Comparison of Traditional Costing and Product Life – Cycle Costing
11) Target Costing
12) Comparison of Traditional Costing and Target Costing
13) Just in Time Costing
14) Comparison of Traditional Costing and Just in Time Costing
15) Kaizen Costing, Comparison of Traditional Costing and Kaizen Costing
16) Final Examination

Recommended or Required Reading

Planned Learning Activities and Teaching Methods

1) Lecture
2) Question-Answer
3) Discussion
4) Demonstration
5) Group Study

Assessment Methods and Criteria

Contribution of Semester Studies to Course Grade	50%
Number Percentage Semester Studies Midterm Examination 1 70% Quiz 1 30%
Contribution of Final Examination to Course Grade	50%
Total	100%

Language of Instruction

Turkish

Work Placement(s)

Not Required