Curricular Unit:			Code:
Costs Accounting II			1175CC2
Year:	Level:	Course:	Credits:
2	Undergraduate	Business Sciences	8 ects
Learning Period:		Language of Instruction:	Total Hours:
Spring Semester		Portuguese/English	104
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: - know the industrial companies and methods of manufacture in order to know the importance and effects of the use of the different methods of costing and the problematic of valorization of the joint production and the production of defective; - aknow a budget, namely to calculate industrial cost of the products, through the budgeted and standard cost, as well as the analysis of the deviations from the budget and proposing solutions; - understand Cost Based on Activities, including the use of cost pools and cost drivers and the form of cost allocation.
Syllabus:
1 - Industrial Companies 1.1 - Manufacturing schemes 1.2 - Production Cost Clearance 1.3 - Joint production 1.4 - Defective products 2 - Basic, Budget and Standard Costs 2.1 - Systems and Use of basic costs 2.2 - Systems and Use of Standard Costs 2.3 - Clearance of the industrial cost 2.4 - Deviations and their interpretation 2.5 - Budgetary control 3 - ABC - Activity Based Costing 3.1 - Conceptual model 3.2 - ABC implementation strategy 3.3 - Analysis of activities 3.4 - The form of imputation 3.5 - Building a spreadsheet
Demonstration of the Syllabus Coherence with the Curricular Unit's Objectives:
Part I - allows to know the industrial companies and methods of manufacture in order to know the importance and effects of the use of the different methods of costing and the problematic of valorization of the joint production and the production of defective. Part II - allows to know a budget, namely to calculate industrial cost of the products, through the budgeted and standard cost, as well as the analysis of the deviations from the budget and proposing solutions. Part III - Allows to understand Cost Based on Activities, including the use of cost pools and cost drivers and the form of cost allocation.
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:
The combination of theoretical presentations and problem solving tasks enables students to acquire specific quantitative techniques in cost accounting as to practice its application to specific case-scenarios. Students are invited to speak, illustrate - with the presentation of actual cases that are known by it. 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
Reading:
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 (gvideira@ufp.edu.pt)