Management Accounting III

Scholar Year: 2018/2019 - 2S

Courses

Head Teacher Responsability Sidalina Maria dos Santos Gonçalves Head

Weekly workload Hours/week T TP P PL L TC E OT OT/PL TPL O S Type of classes 1 3 Lectures Type Teacher Classes Hours Theoretical Totals 2 2,00 Sidalina Gonçalves   2,00 Practices Totals 5 15,00 Célia Picoito   9,00 Sidalina Gonçalves   3,00

Teaching language

Portuguese

Intended learning outcomes (Knowledges, skills and competencies to be developed by the students)

Goals:
- Calculate and analyze the implications on costs and results of changes in production, sales and activity volume.
- Valuing finished production at standard costs. Calculate and analyze the calculated deviations.
- Present and apply the different forms of articulation of Financial Accounting with Analytical Accounting.

Skills:
• Articulate Analytical Accounting with Financial Accounting;
• Know the impact on the results of adopting different costing systems;
• Determine, interpret, analyze and adjust deviations from cost factors.

Syllabus

1 - MANAGEMENT ACCOUNTING AND DECISION-MAKING
1.1. Actual total costs
1.2. Basic or theoretical total costs
1.3. Basic variable costs
1.4. Rational costing
1.5. Direct costing
1.6. Costing of imputation of theoretical quotas
1.7. CVR model: to calculate and analyze the implications on costs and results of
production, sale and activity volume changes
1.8. Determine the total result and by products


2 - ARTICULATION BETWEEN FINANCIAL ACCOUNTING AND
ANALYTICAL ACCOUNTING AND ACCOUNTING SYSTEMS
2.1. Unique undivided or radical system
2.2. Unique split or moderate system
2.3. Double accounting system
2.4. Double mixed system
2.5. The Plan of class 9


3 - STANDARD COSTS
3.1. Distinction between standards and budgets
3.2. Types of patterns
3.3. The Standard Cost Sheet
3.4. Clearance and analysis of deviations of MP, MOD and GGF
3.5. Accounting treatment of deviations
3.5.1. AISO (Actual In Standard Out)
3.5.2. SISO (Standard In Standard Out)
3.6. Participation, apportionment and adjustment of deviations from inventory accounts.
3.7. The Statement of Income by Functions in Standard Costing

Demonstration of the syllabus coherence with the UC intended learning outcomes

The contents taught along three programmatic points aim to provide the student with tools to support decision making and creation of an analytical chart of accounts adjusted to the needs and characteristics of the organization.

Teaching methodologies

Theoretical classes with expository character and practical classes with the methodology of solving cases and problems.

Assessment methodologies and evidences

The assessment of knowledge consists of:

• 2 written tests, without consultation, to be carried out during the class period.


Final Score = 50% Test 1 (T1) + 50% Test 2 (T2).

If the grade of the tests is less than 10 values, the student will have to take a Resource Exam.

Assement and Attendance registers

Main Bibliography