2025
Management Accounting
Name: Management Accounting
Code: GES14861L
6 ECTS
Duration: 15 weeks/156 hours
Scientific Area:
Management
Teaching languages: Portuguese
Languages of tutoring support: Portuguese, English
Regime de Frequência: Presencial
Sustainable Development Goals
Learning Goals
The objectives of this unit are to allow the student to:
- Develop a critical line of reasoning regarding the usefulness of Management Accounting for organizations;
- Understand the relationships between Management Accounting, Financial Accounting and Management Control;
- Understand the terminology, concepts and techniques to calculate and analyze costs.
- Understand and use Management Accounting information in the management process.
Skills:
- Understand how Management Accounting works and how it relates with different organizational areas;
- Use essential Management Accounting techniques and instruments;
- Use the information provided by Management Accounting to efficiently manage resources and support decision-making.
- Develop a critical line of reasoning regarding the usefulness of Management Accounting for organizations;
- Understand the relationships between Management Accounting, Financial Accounting and Management Control;
- Understand the terminology, concepts and techniques to calculate and analyze costs.
- Understand and use Management Accounting information in the management process.
Skills:
- Understand how Management Accounting works and how it relates with different organizational areas;
- Use essential Management Accounting techniques and instruments;
- Use the information provided by Management Accounting to efficiently manage resources and support decision-making.
Contents
1. Introduction
1.1. Definition, objectives, scope and conceptual framework
2. Main Concepts
2.2. Cost terms and concepts
2.3. Costs and costs control
3. Product Costing
3.1. Product costing: direct materials costs, labor costs and overheads
3.2. Cost assignment and cost accumulation methods
3.3. Costing systems
3.4. Joint product costing
4. Costing Systems
4.1. Full costing and variable costing
5. Cost Centers
5.1. Main concepts
5.2. Production centers and cost assignment to production centers
5.3. Service centers: cost assignment and cost reallocation to other centers
6. Activity-Based Costing
6.1. Fundamentals of activity-based costing and main concepts
6.2. Developing an activity-based costing system
6.3. Time-driven activity-based costing
1.1. Definition, objectives, scope and conceptual framework
2. Main Concepts
2.2. Cost terms and concepts
2.3. Costs and costs control
3. Product Costing
3.1. Product costing: direct materials costs, labor costs and overheads
3.2. Cost assignment and cost accumulation methods
3.3. Costing systems
3.4. Joint product costing
4. Costing Systems
4.1. Full costing and variable costing
5. Cost Centers
5.1. Main concepts
5.2. Production centers and cost assignment to production centers
5.3. Service centers: cost assignment and cost reallocation to other centers
6. Activity-Based Costing
6.1. Fundamentals of activity-based costing and main concepts
6.2. Developing an activity-based costing system
6.3. Time-driven activity-based costing
Teaching Methods
Theoretical exposure allows students to know and understand the fundamental concepts and develop a knowledge base that allows them to understand the demonstration of solving exercises, as well as individual and group solving of exercises that allows them to understand how to apply different methodologies to specific problems and interpret results, in line with objectives 2 and 3.
The interconnection of the practical with the theoretical branch give the student a broad overview of the problems in analysis and the formulation of a wider understanding of the purpose and the usefulness of management accounting as a tool in the production and systematization of information for management, allowing the development of reasoning in accordance with objectives 1 and 2.
The interconnection of the practical with the theoretical branch give the student a broad overview of the problems in analysis and the formulation of a wider understanding of the purpose and the usefulness of management accounting as a tool in the production and systematization of information for management, allowing the development of reasoning in accordance with objectives 1 and 2.
Assessment
Continuous assessment: two individual tests with weights of, respectively, 40% and 60% for the final classification. All tests are carried out during the academic period.
Assessment by exam: an individual test covering the entire syllabus, with a weighting of 100% for the final classification
Assessment by exam: an individual test covering the entire syllabus, with a weighting of 100% for the final classification
Teaching Staff
Certificações
