Syllabus

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Ternopil Ivan Puluj National Technical University

Факультет економіки та менеджменту

Кафедра управління інноваційною діяльністю та сферою послуг

Cost Management

syllabus

Major 073 - Менеджмент (бакалавр)
Field of knowledge 7 Управління та адміністрування
Academic degree bachelor's
Course
Course type elective
special education
Study start course 3
Semesters 5
Form of education full-time
Study hours structure
32– lectures
32– practical classes
Amount of hours for individual work 86
ECTS credits 5
Form of final examination credit
Lecturer
Academic degree Sc.D.
Academic title Assoc. Prof.
Full name Melnyk Liliya
Prerequirements (prerequisite courses)
"Fundamentals of Management", "Economics of enerprise" 
Course goals and learning objectives
The role of the subject "Cost management" is to help students, as a future representatives of management of the organization, attain and maintain success through strategy implementation. It is an indispensable discipline for corporate management, as the information collected and presented to management based on cost and management accounting techniques helps management to solve not only specific problems but also guides them in decision making 
Course description
Lectures Theme 1. Introduction to cost management
Theme 2. Total cost of a product
Theme 3. Materials control – concept and techniques
Theme 4. Procurement procedures
Theme 5. Accounting of material losses
Theme 6. Labour cost
Theme 7. Labour remuneration system
Theme 8. Direct expenses and overheads
Theme 9. Unit and output costing
Theme 10. Job costing system
Theme 11. Process costing system
Theme 12. Marginal costing and break-even analysis
Theme 13. Budget and budgetary control
Theme 14. Analysis and interpretation of financial statements
Practical classes Theme 1. Introduction to cost management
Theme 2. Total cost of a product
Theme 3. Materials control – concept and techniques
Theme 4. Procurement procedures
Theme 5. Accounting of material losses
Theme 6. Labour cost
Theme 7. Labour remuneration system
Theme 8. Direct expenses and overheads
Theme 9. Unit and output costing
Theme 10. Job costing system
Theme 11. Process costing system
Theme 12. Marginal costing and break-even analysis
Theme 13. Budget and budgetary control
Theme 14. Analysis and interpretation of financial statements
Recommended reading list. Subject Resources
1. Edward J. Blocher, David E. Stout, Gary Cokins (2010). Cost management : a strategic emphasis. McGraw-Hill/Irwin. 5th ed. 996p.
2. Colin Drury (2017). Management and Cost Accounting. Cengage Learning EMEA. 866 p.
3. Cost management: accounting and control. Delta publishing company, 2009. 310 p.
4. M.N. Arora (2012). A Textbook of Cost and Management Accounting, 10th Edition. Vikas Publishing House, 2012.
5. Charles T. Horngren, Srikant M. Datar, Madhav V. Rajan (2011). Cost Accounting: A Managerial Emphasis. Pearson College Div; 14th edition. 869 p. 
Course author
Sc.D., Assoc. Prof. Мельник Лілія Миколаївна 
Дата останнього оновлення: 2020-11-11 14:14:51