Objectives and competences
In this course students acquare basic knowledge to prepare data and information about costs from different perspectives and for different purposes. Study unit additionally contributes to the development of the following general and specific competencies:
- mastering of methods and procedures for the preparation of adequate accounting information,
- ability to recognise interdependencies and relationships in business processes and their impact on accounting information,
- ability of fitting accounting information in the contexts of business decision-making,
- development of skills to use knowledge in business contexts,
- ability to acquire, select and evaluate new information and capacity for adequate interpretation in business contexts.
Content (Syllabus outline)
• Introduction to the meaning and purpose(s) of costing.
• Professional rules and guidelines for costing in Slovenia.
• Systems and methods for primary cost (i.e. cost-type, cost-category) accounting (origination of costs, dokumentation, analythical records and reporting)
• Systems and methods for products/services costing:
- different possibilities of products/services costing with respect to the costs included,
- different systems and methods of products/services costing with respect to their nature as cost objects/drivers,
- systems and methods of process costing,
- systems and methods of job-order costing,
o systems and methods of direct costing,
o systems and methods of indirect costs assignment,
- use of budgeted and standard costs in product/services costing.
• Systems and methods for responsibility centres costing:
- different types of responsibility centres and accounting information for them,
- issues with joint-costs allocation/assignment,
- use of budgeted cost in responsibility centres costing.
• Activity-(based) costing.
Learning and teaching methods
Lectures, discusion and case analysis, exercises and individual studying.
Intended learning outcomes - knowledge and understanding
Development of knowledge and understanding:
Students:
• are familiar with and understand professional rules, that regulate accounting for business inputs (production factors) and their costs in Slovenia,
• are familiar with and understand the meaning of cost objects, importance of their costing, and their main types,
• are familiar with and understand different methods and procedures of costing and know to use them,
• know how to calculate the cost value of an individual product or service in the circumstances of different types of production and product/service valuation, and to represent this in a proper form,
• know how to calculate costs for different kinds of responsibility centers and activities, and to represent this in a proper form,
• understand impact of different valuation methods on the content of accounting information about cost value of individual prodacts/services,
• understand difference between direct and indirect costs and know how to find and use appropriate bases for the assignement of indirect costs to different cost objects,
• understand impact of different cost-allocation/assignement bases on the quality of cost information,
• understand impact of the products/services and production processes nature on the methods and procedure of costing and know how to choose the most adequate ones in given circumstances,
• know how adequately to use budgeted costs in products/services, activities and responsibility centres costing.
Intended learning outcomes - transferable/key skills and other attributes
Cognitive/Intellectual skills:
Students:
• further develop capacity for causal thinking (recognition of causal relationships).
Key/Transferable skills
Students:
• further develop capacity for causal thinking (recognition of causal relationships).
Practical skills:
Students acquire practical skills, needed to prepare data and information about costs from different perspectives and for different purposes.
Readings
Obvezna študijska literature (Compulsory textbooks):
1. HORVAT, Robert. Sistemi in metode obračunavanja stroškov : (študijsko gradivo). Maribor: Ekonomsko-poslovna fakulteta, 2025. (v pripravi)
2. HORVAT, Robert. Sistemi in metode obračunavanja stroškov : (gradivo za vaje). Maribor: Ekonomsko-poslovna fakulteta, 2022. 39 str., ilustr. [COBISS.SI-ID 100476163].
Dodatna študijska literatura (Additonal textbooks):
1. KOLETNIK, Franc. Računovodstvo za notranje uporabnike informacij, 2. – dopolnjena izdaja. Zveza računovodij, finančnikov in revizorjev Slovenije, Ljubljana 2004 ali ponatis 2007; (3. in 6. del knjige).
2. TURK Ivan, KAVČIČ Slavka, KOŽELJ Stanko: Stroškovno računovodstvo. Zveza računovodij, finančnikov in revizorjev Slovenije, Ljubljana 2001. (poglavja 6., 7., 8. ter 14.3.5 do 14.3.8).
3. Drugo gradivo, posredovano na predavanjih in vajah.
Additional information on implementation and assessment Written exam 100%
Student can substitute written exam with two midterm written exams. At least 1/3 of points at first test is required for taking the second one.
Coursework:
With coursework students can acquire additional points, that are added to the points, achieved on written exam or with midterm exams (up to max. 10 % of possible written exam's points).
