Cost and Management Accounting

Code:

LEC205

Acronym:

CCG

Keywords
Classification	Keyword
OFICIAL	Business Sciences

Instance: 2005/2006 - 1S

Active?	Yes
Web Page:	http://www.fep.up.pt/disciplinas/Lec205
Responsible unit:	Department of Management
Course/CS Responsible:	ECONOMICS

Cycles of Study/Courses

Acronym	No. of Students	Study Plan	Curricular Years	Credits UCN	Credits ECTS	Contact hours	Total Time
ECO	701	Official Curricular Structure since 2004	2	3		-

Objectives

The main aim of this course is to provide students with the knowledge about basic concepts and methods to design and operate Management an Cost Accounting Systems, specially in manufacturing companies.

Program

1. Cost Accounting: introduction.

2. Costs: basic concepts and classifications.

3. Accounting for Materials and Labour.

4. Accounting for Overheads: problems; theoretical and practical solutions.

5. Costing Systems: problems; job costing systems; process costing systems.

6. Standard Costing and Variance Analysis.

7. Effects of (Manufacturing) Srap and Defects in Costs.

8. Management and Cost Accounting Information for Decision Making.

Main Bibliography

1. Several papers by M. Baganha (199X), Revista de Contabilidade e Comércio.

2. Books (all available in the library):

a) C. Drury, Management and Cost Accounting, International Thomson Business Press, 5th edition, 2000;
b) C. Horngren, G. Foster and S. Datar, Cost Accounting. A Managerial Emphasis, Prentice-Hall International, 10th edition, 2000;
c) P. Pinto, Custos Padrões, Athena Editora, 1978 (out-of-print).

Teaching methods and learning activities

Theorectical and practical (i.e., tutorial style) lectures.

Evaluation Type

Evaluation with final exam