Degree | Type | Year | Semester |
---|---|---|---|
2501572 Business Administration and Management | OB | 2 | 1 |
2501573 Economics | OT | 3 | 2 |
2501573 Economics | OT | 4 | 0 |
Before taking this course, it is recommended to have followed the course Introduction to Accounting.
TOPIC 1. INTRODUCTION
1.1. Differences between Financial Accounting and Management Accounting
1.2. Why do organizations incur costs, and why do they need to know them?
1.3. The concept of costs in accounting and economics
1.4. Types of resources used by organizations and the fixed or variable of their cost
1.5. Service, merchandising and manufacturing companies
TOPIC 2. ALLOCATION OF COSTS BETWEEN DIFFERENT COST OBJECTS
2.1. The choice of a cost object and the costs to be assigned
2.2. Direct and indirect costs
2.3. Alternative methods for indirect cost allocation
2.4. “Full costs”
TOPIC 3. THE PRODUCT OF COMPANY AS A COST OBJECT
3.1. Full costing and period costs vs product costs
3.2. Total costs and unit costs
3.3. Price, revenues, gross margin, operating income and profit
3.4. Inventories and their valuation
3.5. Costs of unused capacity
3.6. Implications for the accounting information system
TOPIC 4. COST ALLOCATION BETWEEN DEPARTMENTS
4.1. Operating and support departments
4.2. Worksheets for allocating costs between departments
4.3. Allocation of support department costs
4.4. Implications for the accounting information system
TOPIC 5. COSTING OF PRODUCTS AND SERVICES: PROCESS COSTING
5.1. Average costs vs. individualized costs
5.2. Process costing systems
5.3. Work in process and equivalent units
TOPIC 6. COSTING OF PRODUCTS AND SERVICES: JOB ORDER COSTING
6.1. Job costing systems
6.2. Alternatives for the grouping of indirect costs and their allocation
6.3. Cost accumulation; actual costs and budgeted costs
6.4. Hybrid costing systems
TOPIC 7. COST-VOLUME-PROFIT ANALYSIS
7.1. Cost drivers and the causal relationship with output
7.2. Fixed and variable costs with regard to the level of activity
7.3. Therole of time
7.4. Unitprice and contribution
7.5. Break-even point and safety margin
7.6. Cost structures and operating leverage
7.7. Analysis in multiproduct settings
TOPIC 8. COST SYSTEMS BASED ON VARIABLE COSTS
8.1. “Direct costing”
8.2. Contribution margin vs. gross margin
8.3. Consequences for inventory valuation and operating income
In this course theoretical presentations by the instructor will be combined with the discussion of cases and readings and the solution of practical exercises. On a regular basis students will be assigned readings and problems, and they are expected to prepare these in advance of or during class sessions, as instructed.
Annotation: Within the schedule set by the centre or degree programme, 15 minutes of one class will be reserved for students to evaluate their lecturers and their courses or modules through questionnaires.
Title | Hours | ECTS | Learning Outcomes |
---|---|---|---|
Type: Directed | |||
Class sessions | 49.5 | 1.98 | 1, 5, 2, 3, 4, 6, 7, 8 |
Type: Supervised | |||
Tutoring | 2.5 | 0.1 | 5, 2, 3, 4, 6 |
Type: Autonomous | |||
Self study | 94 | 3.76 | 1, 5, 2, 3, 4, 6, 7, 8 |
During the semester, there will be two partial exams and usually every week exercises will be collected.
The overall grade for the course is calculated by averaging the grades obtained in the two partial exams (weighing 40% each) and the exercises (20%). This average will only be calculated for students who:
In case a student does not fulfill the two criteria for averaging specified above, the overall grade will be calculated as the lowest value between 3.4 and the weighted average of the two partial exams and the mark for the exercises.
If an exercise is assigned to be solved in class, it will only be collected during that particular class session; therefore these exercises cannot be handed in before or after the session, nor can they be handed in on behalf of the student by a third person.
If a student has missed, or has obtained a score lower than 4 on, at most, one of the two partial exams, he or she will be allowed to repeat that particular exam. In this case, only the corresponding partial examination can be recovered, and the grades of the other exam and the exercises that were obtained at the time will be preserved.
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All students are required to perform the evaluation activities. If the student's grade is 5 or higher, the student passes the course and it cannot be subject to further evaluation. If the student grade is less than 3.5, the student will haveto repeat the course the following year. Students who have obtained a grade that is equal to or greater than 3.5 and less than 5 can take a second chance exam. The lecturers will decide the type of the second chance exam. When the second exam grade is greater than 5, the final grade will beaPASS with a maximumnumerical gradeof 5. When the second exam grade is less than 5, the final grade will be a FAIL with a numerical grade equal to the grade achieved in the course grade (not the second chance exam grade).
A student who does not perform any evaluative task is considered “not evaluable”, therefore, a student who performs a continuous assessment component can no longer be qualified with a "not evaluable".”
Calendar of evaluation activities
"The dates of evaluation activities cannot be modified, unless there is an exceptional and duly justified reason why an evaluation activity cannot be carried out. In this case, the degree coordinator will contact both the teaching staff and the affected student, and a new date will be scheduled within the same academic period to make up for the missed evaluation activity." Section 1 of Article 115. Calendar of evaluation activities (Academic Regulations UAB). Students of the Faculty of Economics and Business, who in accordance with the previous paragraph need to change an evaluation activity date must process the request by filling out an Application for exams' reschedule
Grade revision process
After all grading activities have ended, students will be informed of the date and way in which the course grades will be published. Students will be also be informed of the procedure, place, date and time of grade revision following University regulations.
Retake Process
"To be eligible to participate in the retake process, it is required for students to have been previously been evaluated for at least two thirds of the total evaluation activities of the subject." Section 3 of Article 112 ter. The recovery (UABAcademic Regulations). Additionally, it is required that the student to have achieved an average grade of the subject between 3.5 and 4.9.
The date of the retake examwill be posted in the calendar of evaluation activities of the Faculty. Students who take this exam and pass, will get a grade of 5 for the subject. If the student does not pass the retake, the grade will remain unchanged, and hence, student will fail the course.
Irregularities in evaluation activities
In spite of other disciplinary measures deemed appropriate, and in accordance with current academic regulations, "in the case that the student makes any irregularity that could lead to a significant variation in the grade of an evaluation activity, it will be graded with a 0, regardless of the disciplinary process that can be instructed. In case of various irregularities occur in the evaluation of the same subject, the final grade of this subject will be 0". Section 10 of Article 116. Results of the evaluation. (UAB Academic Regulations).
Title | Weighting | Hours | ECTS | Learning Outcomes |
---|---|---|---|---|
Exercises | 20% | 0 | 0 | 1, 5, 2, 3, 4, 6, 7, 8 |
Partial exam 1 | 40% | 2 | 0.08 | 1, 5, 2, 3, 4, 6, 7, 8 |
Partial exam 2 | 40% | 2 | 0.08 | 1, 5, 2, 3, 4, 6, 7, 8 |
Bibliografia bàsica en negreta
Asociación española de contabilidad y administración de empresas. La contabilidad de gestión. Serie de principios de contabilidad de gestión. AECA. Most recent edition.
Atkinson AA, Banker RD, Kaplan RS, Young SM. Management Accounting. Prentice-Hall. Most recent edition.
Bhimani A, Horngren CT, Datar SM and Rajan M. Management and Cost Accounting. Pearson. Most recent edition. - Ebook evailable
Drury C. Management and Cost Accounting. Thomson Learning. Most recent edition.
Donoso Anes R, Donoso Anes A. Sistemas de costes e información económica. Pirámide. Most recent edition.
Mallo Rodríguez C, Jiménez Montañés MA. Contabilidad de costes. Pirámide. Most recent edition.
Nicolàs P. Costes para la dirección de empresas. Servei de publicacions UAB. Most recent edition.
Rosanas JM. Contabilidad de costes para la toma de decisiones. Desclée de Brouwer Editorial. Most recent edition.
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