Class Cost Accounting I

The main purpose of this course is to enable students to understand how cost accountants work with other managers to participate in management decision making to achieve strategic goals. This approach is consistent with the new reality of the strategic role of the management accountant in the organization today, a reality that has been demonstrated by numerous surveys of financial managers conducted by the Institute of Management Accountants.

Syllabus (S):

S1 - Scope of cost accounting

S2 - Cost terms and purposes

S3 - Job costing and process costing systems

S4 - Costing systems and effects on results and stocks

S5 - Cost-volume-profit analysis

S6 - Joint products

S7 - Faulty production

1. Use of Digital Tools: The use of digital tools, such as Microsoft Excel and Power BI, will be integrated into activities related to the analysis of production cost information. Students will learn to analyze and interpret cost data using Excel for more detailed analyses. Additionally, Power BI will be used for creating interactive and visually appealing reports to enable cost control.

2. Project-Based Learning: Autonomous case studies will be developed throughout the course, involving the practical application of the concepts covered.

• Coelho, Maria-Helder Martins. Contabilidade Analítica: cálculo e análise de custos para a gestão. Vida Economica Editorial, 2019.

• Carvalho, João, Teresa Carmo Costa, and Natália Macedo. "A contabilidade analítica ou de custos no sector público administrativo." Revista TOC 96 (2008): 30-41.

• Datar, S. & Rajan, M. (2020). Hornegren´s Cost Accounting: A Managerial Emphasis. 17th edition. Pearson Education. ISBN 9781292363073