Course title
原価計算入門   [Cost Accounting]
Course category The Professional Degree Program of Industrial Technology and Innovation  Requirement   Credit 2 
Department   Year   Semester 3rd 
Course type 3rd  Course code 1060804
Instructor(s)
木幡 幸弘   [KOHATA Yukihiro]
Facility affiliation Graduate School of Engineering Office afjgxte/L1151  Email address

Course description
This course covers not only cost accounting but also the overall management accounting. The course consists of three modules. First, we learn the investment evaluation and corporate value evaluation methods as the long-term decision making tools. Second, we learn cost accounting as the past and present decision making tools. Finally, we learn Cost-Volume-Profit analysis as the short-term decision making tools. Each lesson consists of the lecture, exercises, and case studies.
The course lecturer has long-time business experiences. The lecturer is a certified public accountant and has offered supporting and advice services regarding management accounting to enterprises. In this course, we use actual enterprises' data so that we understand management accounting deeply.
Expected Learning
Learners who successfully complete this course will be able to:
Use cost accounting knowledge for the cost management
Use Cost-Volume-Profit analysis for the short-term decision making
Evaluate the investments and corporate value for the long-term decision making
Please refer to the curriculum map.
Course schedule
1. Long-term decision making
1st 1.1 Guidance
(explanation for outline of this course and outline of the time value of money)
2nd 1.2 Time value of money
(present value, capital cost, and formula for the present value of perpetuity)
3rd 1.3 Investment evaluation methods
(payback period method, return on investment method, net present value method, and internal rate of return method)
4th 1.4 Corporate value evaluation methods (1)
(adjusted net book value method, direct market data method, and public company method)
5th 1.5 Corporate value evaluation methods (2)
(Discounted Cash Flow method (i))
6th 1.6 Corporate value evaluation methods (3)
(Discounted Cash Flow method (ii))
7th 1.7 Q&A concerning the interim report
2. Cost accounting
8th 2.1 Cost accounting (1)
(definition of cost, costs by element)
9th 2.2 Cost accounting (2)
(costs by department)
10th 2.3 Cost accounting (3)
(costs by product - job order costing and process costing)
11th 2.4 Cost management
(cost reduction and cost control)
3. Short-term decision making
12th 3.1 Cost-Volume-Profit analysis (1)
(classification of variable costs and fixed costs, break-even point, and safety margin)
13th 3.2 Cost-Volume-Profit analysis (2)
(application to business)
14th 3.3 Cost-Volume-Profit analysis exercises
15th 3.4 Summary of management accounting and Q&A concerning the final report
Prerequisites
The basic accounting knowledge such as the statement of income and balance sheet is needed.
Learner is required to do preparation and review in accordance with standard time of this university.
Required Text(s) and Materials
Text book by Power Point, Materials of exercises and case studies
(They are uploaded on the moodle.)
References
Yutaka Kato, Koji Yamamoto "Nikkei Bunko Genkakeisan no Chishiki" Nihon Keizai Shimbun Sha
Yukihiro Kohata "Kaigai Bizinesu wo Kaeru Kaikei" NNA
Assessment/Grading
The learning result is evaluated by five grades. 5(S):extremely excellent 4(A):excellent 3(B):usual 2(C):a little inferior 1(D):failed
The result is judged only to the students who attended 70% or more and the results of the students whose attendance rate is 70% or less are not judged.
The result of each module is evaluated by reports, exercises, and so on. The result of a module concerned is regarded as acceptable when judged that you understand 60% or more.
The overall judgement of the result is decided by five grades based on the result of each module (30%), the interim (30%) and the final reports (40%). Additional point only by attendance is not offered.
Message from instructor(s)
The product cost is shown as amount of money. The amount is a result of the accumulation of the efforts of a lot of people. I want you to read the efforts behind numbers.
Course keywords
cost accounting, management accounting, investment evaluation, corporate value evaluation, present value, capital cost, CVP analysis, variable costs, and fixed costs
Office hours
16:00〜18:00 on Thursday
Remarks 1
Homework assignments will be given weekly. You need to answer them at the following lesson.
Remarks 2
Related URL
http://web.tuat.ac.jp/~ykohata
Lecture Language
Japanese
Language Subject
Last update
3/8/2019 3:08:18 PM