| Code: | LGE1423 | Acronym: | CAI |
| Teaching Area: | Accounting |
| Acronym | Study plan | Curriculum Years | ECTS | Contact hours | Total Hours |
|---|---|---|---|---|---|
| LGE | Desp. n.º 1049/2008 (alterado aviso n.º9805/2012) | 2º | 6 ECTS | 60 | 160 |
Teaching - Hours
|
Portuguese
SUMMARY DESCRIPTION OF CURRICULAR UNIT
Resources must be obtained and managed efficiently so that organizations can survive and develop in a changing environment, which is characterized by uncertainty, complexity, and hostility. Within this background, the Cost Accounting is increasingly needed as a source of information for planning activities, organization, operations control and decision making.
OBJECTIVES AND LEARNING OUTCOMES
The main purpose of this course unit is to put students in touch with the fundamental aspects of Cost Accounting, developing competences that will enable to:
- identify the different possible solutions within the business management;
- implement management accounting at industrial, commercial enterprises and services;
- identify the different possible solutions at the management-accountant level on decision making.
SKILLS TO BE DEVELOPED
At the end of the course unit the student is expected to be able to:
- Recognize the importance of cost accounting and information system;
- Identify models and objectives of Cost Accounting;
- Characterize the different types of costs;
- Characterize the components of production cost;
- Characterize the forms of attribution and base allocation of manufacturing overheads;
- Characterize the existing accounting systems;
- Implement monists and dualists systems to specific cases;
- Distinguish between the direct and indirect method in the calculation of cost of production and interpret the information provided by each method;
- Characterize the various costing systems;
- Know how to apply each of the systems and to interpret the differences in results for the alternate use of each.
Chapter I - Framework of Cost Accounting
1.1 Scopes and objectives of Cost Accounting
1.1 Regulatory framework of Cost Accounting
Chapter II - Costs. Analysis and relation with the results.
2.1. Concept of costs/expenses and differentiation of the concepts of loss, expense and payment
2.2. Cost objects
2.3. Costs classification in accordance with its goals
2.4. Cost of products and services formation
Chapter III - Analysis, accounting and control of elements of the total cost
3.1. Raw materials
3.2. Direct labor
3.3. Overheads
3.4. Nonindustrial costs
Chapter IV - Accounting systems articulation and determination of products cost
4.1. Accounting systems articulation: dual accounting system versus monist accounting system
4.2. Costing Method
4.2.1. Direct Method (custom order or manufacture)
4.2.2. Indirect method (by process)
4.2.3. Mixed method
Chapter V - The costing system
5.1. Absorption costing (Full Costs)
5.2. Variable costing system
5.3. Rational costing system
The contents were delineated in an integrated way, and according to the objectives to be achieved and skills to be acquired by the students. The learning components are theoretical and practical, so that students have a broad view of Cost Accounting. At a micro level, they are expected to be able to account for the day-to-day operations of the companies and, at a macro level, to analyze and interpret the accounting information resulting from these operations. Overall, students are expected to be able to apply and develop the knowledge from the curricular unit to their professional practice.
| Caiado, António C. Pires;Contabilidade Analítica e de Gestão, Áreas Editora, 2015 |
| Trancoso, Tiago e Gomes, Sofia;Princípios de Contabilidade de Gestão, 2018 |
| Pereira, C. C. e Franco, V. S.;Contabilidade Analítica - Casos práticos, Rei dos Livros, 2001. ISBN: 972-51-0992-9 |
Presentation and discussion of theoretical and practical cases, with supply of support material on the matters to be addressed as well as the literature considered indispensable for various items of the program.
Avaliação distribuída com exame final
| Description | Type | Time (hours) | Conclusion Date |
|---|---|---|---|
| Attendance (estimated) | Lessons | 45 | |
| Two written tests | Teste/Exame | 3 | |
| Others | Participação Presencial | 15 | |
| Self-study | Study | 97 | |
| Total: | 160 |
Individual written tests: 2 (each weighted 40%)
Worksheet: 20%
Under the terms of the Bachelor's Regulation:
1. The students' attendance in classes will be recorded and, if the number of absences per student exceeds 30% of the total number of lessons scheduled for each course unit, the student will be automatically transferred to the final evaluation (regular season).
2. In the written tests and other assessment elements mentioned in paragraph 2 of Art. 39 it is necessary to obtain a minimum grade of 7.5 (seven point five) points.
3. If the student misses a test or receives a grade lower than 7.5 points in the tests or in another assessment element mentioned in the previous number, the student will be automatically transferred to the final evaluation (regular season).
4. If the student misses or obtains less than 7.5 in the second written test, held in the same date of the final exam in the regular season, they may apply for further evaluation in the Appeal season.
Individual written test: 1 (100%)
The teaching methodologies aim to promote learning, both in the theoretical and practical dimensions. It seeks to expose the student to a diverse set of concepts essential to the treatment and analysis of accounting data. Likewise, it is intended to use critical reasoning in the interpretation of the financial statements, and logical reasoning in solving practical problems.