Objectives and competences
In this course students enhance their basic accounting knowledge with knowledge of basic methods and tools of cost accounting and gain the ability of costing by different types od cost facilities and different types of business decisions.
Content (Syllabus outline)
1. The meaning, role and importance of cost accounting, basic profesional frameworka and connection with financial and management accounting.
2. Systems and methods of cost measurement (including documentation, recording in subsidiary ledgers and commonly used analitical reports of business resources).
3. Systems and methods of cost assignment and allocation.
4. Different types of cost reporting.
Learning and teaching methods
Lectures, discusion and case analysis, exercises, individual studies.
Intended learning outcomes - knowledge and understanding
Knowledge and understanding:
Students:
- are familiarized with the role and importance of cost accounting in an organization
- acquire fundamental knowledge of basic principles and methods of cost measurement, assignment and allocation
- get practical skills to use different cost systems and tools.
Cognitive/Intellectual skills:
Students:
- are able to choose and use appropriate systems and tools for cost measurement, assignment and allocation, depending on business activities.
Intended learning outcomes - transferable/key skills and other attributes
Key/Transferable skills:
Students:
- further develop skills and expertise in the use of knowledge in the cost accounting area
- can select and manage accounting tools with minimal guidelines.
Practical skills:
Students get practical know-how of cost measurement, assignemnt and allocation.
Readings
Obvezna študijska literatura (Compulsory textbooks):
- Turk, I., Kavčič S., & Koželj, S. (2001). Stroškovno računovodstvo. Zveza računovodij, finančnikov in revizorjev Slovenije. Izbrana poglavja 3.6 do 3.9, 4., 6., 7., 8. ter od 14.3.5 do 14.3.8.
- Koletnik, F. (2007). Računovodstvo za notranje uporabnike informacij, 2. – dopolnjena izdaja. Zveza računovodij, finančnikov in revizorjev Slovenije. Izbrana poglavja: 1. – 4. del.
- Gradiva za predavanja in vaje v e-učilnici predmeta.
Dodatna študijska literatura (Additional textbooks):
- Korošec, B., Horvat, R., & Vukovič, D. (2009). Osnove stroškovnega in poslovodnega računovodstva. Gradivo za vaje. Ekonomsko-poslovna fakulteta. Izbrano poglavje 2.
- Korošec, B., Horvat, R., & Vukovič, D. (2009). Stroškovno in poslovodno računovodstvo 2. Gradivo za vaje. Ekonomsko-poslovna fakulteta. Izbrana poglavja od 1 do 4.
- Izbrane vsebine iz veljavnih strokovnih pravil s področja stroškovnega računovodstva, teme o sodobnih načinih in metodah stroškovnega računovodstva iz literature ter druga literatura, posredovana na predavanjih in vajah.
Additional information on implementation and assessment Written exam (100%).
Note:
Two midterm exams may replace the written exam. Regular attendance at lectures and tutorials (at least 70%) is a prerequisite for taking the midterm exams.
