Base Knowledge
Management Accounting
Teaching Methodologies
Classes are theoretical-practical, using an expository methodology to present the theoretical aspects of the program contents, supported by a methodology focused on solving practical cases particularly suitable to complement the problems developed and essential for consolidating knowledge.
Learning Results
This U.C. aims to provide the student with management accounting and management control techniques applied in decentralized organizations. It is intended that you become aware of a set of techniques to support the operational decision-making process by managers, and also a set of management control instruments that allow the definition, monitoring and implementation of the organization’s strategy . With the knowledge taught, it is intended that at the end of the curricular unit, the student will be able to: a) Frame Planning and Control in the Management subsystem, b) Recognize the importance of financial and non-financial information for the decision-making process; c) Understand the need for an adequate segmentation and financial monitoring system for managers’ activities; d) Understand the principles of an adequate system for planning and evaluating the financial performance of managers’ activities.
Program
1. Definition of Management Control
1.1. Management Control and its relation whit other areas of Management
1.2. Historical evolution of Management Control
1.3. Main Management Control tools
1.4. Implementing a Management Control System
2. Management Control and Decision Making
2.1. Cost-Volume-Profit Analysis: main indicators
2.2. Sensitivity analysis: Goal seek and What If analysis
2.3. Relevant costs for decision making
2.4. Scarce resources and profit maximization
2.5. Theory of Constraints and Management of Bottlenecks
3. Management Control and Performance: Segmentation of financial value and accountability for results
3.1. Responsibility centers
3.2. Performance evaluation criteria
3.3. Internal transfer prices
4. Budgetary control and deviations
4.1. The budgetary control
4.2. The detailed determination of deviations by causes
Curricular Unit Teachers
Paulo Alexandre Monteiro Gouveia SanchesInternship(s)
NAO
Bibliography
Basic Bibliography:
- Jordan, H. ; Neves, J. C.; & Rodrigues, J. A. (2021). O controlo de gestão ao serviço da estratégia e dos gestores. 11ª ed. Lisboa : Áreas. ISBN 978-989-9010-03-1;
- Anthony, R. N. (2014). Management control systems. London: McGraw-Hill. ISBN 978-007713326-9;
- Cruz, I., Coimbra, C., Abrantes, L., Alves, M. do C., & Quesado, P. (2023). Contabilidade de Gestão Avançada: Gestão Estratégica de Custos e Avaliação do Desempenho. Edições Almedina, S.A. ISBN 978-989400880-4
Complementary Bibliography:
- Merchant, K. A., & Van Der Stede, W. A. (2007). Management Control systems: Performance Measurement, Evaluation and Incentives. Pearson Education.
- Hansen, Don R.; Mowen, Maryanne M.; Heitger, Dan L. (2018). Cost Management. 5th ed.: Cengage. ISBN: 978-0-357-14109-0