Curricular Unit:Code:
Costs Accounting I1175CC1
2UndergraduateBusiness Sciences8 ects
Learning Period:Language of Instruction:Total Hours:
Winter SemesterPortuguese/English104
Learning Outcomes of the Curricular Unit:
The fundamental objective of the curricular unit is to obtain knowledge related to the elements of cost accounting, as well as its importance in the decision-making process. In this context, it is expected that the student will be able to calculate the cost of products, using the costing system that is most appropriate for the company, also taking into account the allocation bases
1 – The mechanism of strategic decision
2 – Introduction to the study of cost accounting
3 – The counts in the cost accounting
4 – Cost Distribution
5 – Cost Production
5.1 – Manufacturing Cost
5.2 – System of costing
5.3 – The method of production
5.4 – Production cost determination
5.5 – Introduction, sections method: Principal and auxiliary centers.
Demonstration of the Syllabus Coherence with the Curricular Unit's Objectives:
Parte I - Allows understanding the mechanism of strategic decision and use of information (internal and external), recognition of the importance of accounting information in the view of training for decision-making.
Parte II - allows to understanding the cost on businesses, including the manufacturing cost of the products and characterize the types of costs on businesses.
Parte III - allows to understanding the Accounting Standards and the link between general accounting and cost accounting.
Parte IV - Allows to understanding the importance and effects of using different costing methods and use the proper techniques of imputation industrial costs.
Parte V - Allows understanding the Cost Center concepts and the use of calculation and allocation of costs auxiliary sections.
Teaching Methodologies (Including Evaluation):
The teaching methodology is explanatory and participatory and includes the presentation of concepts, accompanied by practical examples, and the resolution and analysis of practical cases. The assessment of competences will be assessed based on the performance of 2 intermediate tests and a work (50% + 50%; minimum grade 7 values) or final exam.
Demonstration of the Coherence between the Teaching Methodologies and the Learning Outcomes:
Understanding the mechanism of strategic decision and use of information (internal and external). The importance of accounting information in forming opinions for decision making. Approach to the production process in order to know the costs of the companies, namely the importance of direct and indirect costs. Understanding of fixed and variable costs that allow the calculation of the critical point of sales, with high importance for decision making. Demonstration of the connection between cost accounting and general accounting. Resolution of exercises and reflection on problem cases in order to understand the importance and effects of using the different costing methods and use the appropriate techniques for allocating industrial costs. understand the concepts of Cost Center and the use of calculations and allocation of costs of auxiliary sections. The indicated methodology allows the student to reach the specific objectives listed, as well as general skills: (i) ability and autonomy to solve problems; (ii) ability to apply knowledge; (iii) ability to work independently and in groups
Caiado, A. (2020). "Contabilidade Analítica e de Gestão". 9ª ed. Coimbra, Áreas Editora.
Drury, C. (2021). "Management and Cost Accounting". 11th ed. UK, Cengage.
Ferreira, D., Caldeira, C., Asseiceiro, J., Vieira, J., e Vicente, C. (2019). "Contabilidade de Gestão-Estratégia de Custos e de Resultados". 2ª ed. Sintra, Rei dos Livros.
Franco, V. S. et all. (2015). "Temas de Contabilidade de Gestão. Os Custos, os Resultados e a Informação para Gestão". (4ª ed.). Lisboa, Livros Horizonte.
Horngren, C. T., Datar, S. M. e Rajan, M. V. (2014). "Cost Accounting. A Managerial Emphasis". 15th ed. UK, Pearson.
Jordan, H., Rodrigues, J. A. e Neves J. C., (2021). "O Controlo de Gestão". 11ª ed. Lisboa, Áreas Editora.
Nabais, C. e Nabais, F. (2016). "Prática de contabilidade analítica e de gestão". Lisboa, Lidel - Edições Técnicas.
Lecturer (* Responsible):
Graça Videira (