The development of activities related to the achievement of objectives to be achieved by managers of profit and non-profit organizations continues to elicit information not immediately available through financial accounting whose analytical perspective does not coincide with analytical or management accounting. In this sense, management accounting becomes increasingly important as a source of information for the planning of activities, organization, control of operations and decision process.
OBJECTIVES AND EXPECTED LEARNING OUTCOMES
This course aims to put students in touch with some fundamental aspects of Management Accounting, namely:
1. Provide the development of problem-solving capacities within the business management, addressing the planning and budgeting of the activity;
2. Understand the importance of management accounting for company strategy and decision making.
SKILLS TO BE DEVELOPED
The student should be able to:
1. Identify the types of planning of a company and prepare annual budgets;
2. Identify the scope and objectives of strategic management accounting;
3. Analyze performance using quantitative and qualitative indicators;
4. Analyze benchmarking situations as an improvement effort;
Programme
CHAPTER I - Budgets as an instrument to support decision-making
1.1 Planning;
1.2 Nature of budgetary management;
1.3 Elaboration of annual budget;
1.4 Management control.
1.5 Treasury and financial budget.
CHAPTER II - Strategic Management Accounting
2.1 Analytical and strategic management accounting;
2.2 Performance evaluation;
2.3 Benchmarking.
Demonstration of the syllabus coherence with the curricular unit's learning objectives
The proposed program allows students to acquire knowledge and develop the competencies provided for in the objectives as:
- Chapter I addresses objective 1 as it addresses the planning and budgeting of the activity;
- Chapter II meets the objective 2, providing an understanding of the importance of management accounting for the company's strategy and decision-making process.
Main literature
Franco, V. S., Oliveira, A., Morais, A. I., Oliveira, B., Lourenço, I., Major, M. J.; Jesus, M. A. & Serrasqueiro, R. ;Temas de contabilidade de gestão: Gestão orçamental e medidas financeiras de avaliação de desempenho, Livros Horizonte, 2012. ISBN: 9789722417617
Gama, António Pimenta;Performance Empresarial, Porto Editora, 2012. ISBN: 978-972-0-34015-3
Supplementary Bibliography
Heizer, J. e Render B;Operations Management 8th ed, Prentice Hall, , 2006
Nabais, C. e Nabais, F;Prática Financeira II, Lidel, 2011. ISBN: 9789727577309
Learning Methods
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.
Assessment Components
Avaliação apenas com exame final
Assessment Components
Description
Type
Time (hours)
Conclusion Date
Attendance (estimated)
Lessons
22,5
Evaluation
Teste/Exame
3
Participação Presencial
9
Study
45,5
Total:
80
Continuous Assessment
2 Individual written tests: 40% each;
1 Group work submitted trough E-Learning platform: 20%.
Under the terms of the Bachelor's Regulation:
a) 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).
b) 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.
c) 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).
d) 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.
e) All written academic work provided for in the assessment (reports, case studies, etc.) must be submitted to the Turnitin database, available on the ISAG E-Learning platform, with a similarity rate up to 30% acceptable.
Final Exam
1 Individual written exam: 100%
Demonstration of the coherence between the teaching methodologies and the learning outcomes
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.