Class Cost Accounting II

The course aims at the conceptual study and practical application of cost accounting or analytics in organizations as a subsystem of the management information and control system. Its scope is the economic structure of an organization, identifying the segments (products, services, result centers, etc.) that create value and those that have an unfavorable contribution. The emphasis is on its contribution to providing economic information to managers to make more rational decisions. The scope is similar to "Costs I" UC, but the conceptual approach is focused on budgetary control and performance evaluation. The focus of this UC is to provide tools to systematically control the degree of goal achievement, conduct analysis and interpretation, and hold individuals accountable.

1- Activity-Based Costing (ABC)

2- Standard Costs

3- Fundamental Aspects of Budget Management

4- The Company's Main Budgets

5- Budgeted Costing System and Budget Control/Management. The Main Variances

5.1 - Budget Control and Management. Analysis and Interpretation of Variances.

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

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

3. Multimedia Resources: Access to digital resources to complement learning outside the classroom.

• Isabel Cruz, Cláudia Coimbra, Luís Abrantes, Maria do Céu Alves, Patrícia Quesado (2023). Contabilidade de Gestão Avançada - Gestão Estratégica de Custos e Avaliação do Desempenho. Almedina.
• FERREIRA, Domingos- CONTABILIDADE DE GESTÂO-Estratégia de Custos e de Resultados. 1ªedição, 2014
• Bhimani, A., Horngren, C.T., Datar, S.M. and Rajan, M. (2019) Management and Cost Accounting, 6th Edition, Pearson.
• Drury, C. (2021) Management and Cost Accounting, 11th Edition, South-Western / Cengage Learning.