Degree | Type | Year | Semester |
---|---|---|---|
2501572 Business Administration and Management | OT | 4 | 1 |
You can check it through this link. To consult the language you will need to enter the CODE of the subject. Please note that this information is provisional until 30 November 2023.
Before taking this course, it is recommended to have followed the course “Cost Accounting”
At the end of the learning the student will be able to:
1. THE ROLE OF ACCOUNTING INFORMATION IN DECISION-MAKING
Management accounting, cost accounting and financial accounting
Objectives of management accounting
The value chain: an analytical framework for management accounting
The value chain of the industry and the organization
The value chain and the structure of the organization
2. BEHAVIOUR AND ESTIMATION OF COSTS
Cost object
Cost behaviour: capacity costs and variable costs
Direct and indirect costs
Cost drivers: process for the allocation of indirect costs
Activity-based cost allocation: ABC model
The income statement by functions
3. COST-VOLUME-BENEFIT ANALYSIS
The break-even point
Break-even point for a single part and multiple parts
Margin of safety and operating leverage
Assumptions and limitations of cost-volume-benefit analysis
Decisions to make from the C-V-B analysis
4. COSTS RELEVANT FOR DECISION-MAKING
Long-term and short-term decision-making
Non-routine operational decisions
Costs touched by decisions
Opportunity cost
Influence of qualitative factors on decision-making
5. FLEXIBLE BUDGETING, STANDARD COST AND DEVIATIONS
Planning and operating budget
Budgetary and management control
Flexible budgeting and standard cost
Budget control based on the tight budget
Analysis of deviations: deviations in volume and budget
6. ANALYSIS OF DEVIATIONS IN REVENUES AND COSTS
Analysis of deviations in quantity sold: market size, market share, volume and product mix
Analysis of deviations in unit variable costs: efficiency and factor cost
Deviations in fixed costs
Deviations in fixed and variable indirect costs
7. THE EVALUATION OF THE COMPANY'SPERFORMANCE
Budgetary and management control
Management control systems
Dashboard
Performance Indicators (KPIs)
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 | |||
Seminar sessions | 17 | 0.68 | 1, 3, 5 |
Theory sessions | 32.5 | 1.3 | 1, 3, 5 |
Type: Supervised | |||
Tutoring | 7 | 0.28 | 2 |
Type: Autonomous | |||
Reading; Preparation of exercises and cases; Self-study | 90 | 3.6 | 1, 2, 3, 5 |
1. Continuous evaluation
Evaluation of this course will be carried out on a continuous basis. In particular, there will be two partial exams (weighing each 37,5% in the final grade) and every week exercises will be collected (25% weight). The exercises will be collected by the instructors during the course, typically during the practical class sessions. 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 obtained a score lower than 3,5 on, at most, one of the two partial exams, he or she will be allowed to repeat that particular test. Also students who have not reached a minimum score on exams or who after averaging the three grade components obtain a final grade between 3,5 and 4,9, will be offered a reevaluation, consisting of an exam of the contents of the subject. Students who take this examn and pass, will get a overall numerical grade for the course will be a 5; if the student does not pas the retake, the overall numerical grade for the course will be the score that had been obtained before the reevaluation.
A student, who has taken part in one exam, will be considered as taking the course, and therefore will be given a numerical grade as described above. However, students not taking part in any exam will be considered as “not evaluated”.
2. Comprehensive evaluation (Art. 265 of the Normativa Acadèmica de la UAB)
The comprehensive evaluation must be requested at the Academic Management (Gestió acadèmica) of the Campus where the degree/master's degree is taught. The request must be filed according to the procedure and the deadline established by the administrative calendar of the Faculty of Economics and Business.
Attendance :
Evidence Type |
Weight in the final assessment (%) |
Duration of the activity |
Is the activity that corresponds to this evaluation evidence to be carried out in person on the date scheduled for the comprehensive evaluation? |
Exam |
100% |
3 hours |
YES |
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 264 of the Normativa Acadèmica de la 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 https://eformularis.uab.cat/group/deganat_feie/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 gradeswill be published. Students will be also be informed of the procedure, place, date and time of grade revision following University regulations. The review of the final qualification for comprehensive evaluation will follow the same procedure as for the continuous evaluation.
Retake Process
"2. To be eligible to participate in the retake process, it is requiredfor students to have been previously been evaluated for at least two thirdsof the total evaluation activities of the subject. 3. To participate in the retake process, the teacher responsible for the subject may require having obtained a minimum grade in the average of the subject. Under no circumstances may this grade exceed3.5" (Sections 2 and 3 of Article 261 of the Normativa Acadèmica de la UAB).
For the retake procedure, no distinction is made between students who have followed the continuous evaluation and those who have opted for the comprehensive evaluation. All will be re-assessed using the same test or evaluation evidence.
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 willbe 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 266. Results of the Normativa Acadèmica de la UAB).
Title | Weighting | Hours | ECTS | Learning Outcomes |
---|---|---|---|---|
Exercises | 20% | 0 | 0 | 1, 2, 4, 3, 5 |
First exam | 40% | 1.75 | 0.07 | 1, 2, 4, 3, 5 |
Second exam | 40% | 1.75 | 0.07 | 1, 2, 3 |
Required textbooks
Additional readings
To solve the exercises, the Excel spreadsheet program will be used.