Contabilidade de Gestão

Basics of Financial statements.

Concepts are presented through lectures supported by illustrative examples, encouraging student reflection and active participation. Learning is reinforced through practical exercises designed to consolidate, integrate and relate the concepts covered in the course.

To promote contact with real industrial practices, students complete a practical assignment based on the study of an industrial company, focusing on the description of the production process and the analysis of the information systems used for cost determination and control. This approach enables students to apply the knowledge acquired, develop analytical skills and understand the relevance of management accounting in supporting decision-making.

The objective of the course is to develop competencies that enable future industrial engineers to communicate effectively with financial executives, particularly regarding management accounting information, including cost control and budgeting.

By the end of the course, students should be able to:

• Understand the main financial statements and their limitations;
• Explain the relevance of management accounting for decision-making;
• Identify and characterize different types of costs and their behaviour;
• Understand and compare different costing systems;
• Apply the main product costing methods to different production processes;
• Prepare budgets and analyse their role in management control;
• Use standard costs and perform variance analyses;
• Evaluate alternatives and justify proposed solutions in problem-solving activities;
• Prepare written reports and oral presentations in a clear and well-supported manner, working effectively in teams.

1. Management Control Systems

Strategic management, Management control systems and Management accounting. Balanced scorecard and budget management.

2. Financial Statements

Economic and financial flows. Balance Sheet, Income Statement and Cash Flow Statement. Limitations of financial information.

3. Cost Accounting

Management accounting and Financial accounting. Types of costs and cost behaviour. Product costing and its components. Production processes and cost accumulation systems: direct and indirect methods. Treatment of indirect costs. Traditional methods and Activity-Based Costing (ABC). Treatment of fixed costs and different costing systems. Job costing and Process costing. Valuation of work-in-progress. Joint production, spoilage, defective units and waste.

4. Budgeting and Control

Budget management and types of budgets. Standard costs: calculation and variance analysis.

Students can choose between two assessment schemes described below.

Distributed Assessment Option:

• Practical group assignment, done during the semester, including submission of a report, presentation, and defense (20%).
• Two individual written tests during the semester (30% + 30%).
• Participation and attendance (20%)
• Minimum of 75% attendance in classes

Minimum of 42.5% in all components.

Exam Option:

• Practical group assignment, done during the semester, including submission of a report, presentation, and defense (20%).
• Final exam (80%).

Minimum of 42.5% in all components.

The student must decide by the end of the 4th week of classes whether to choose the continuous assessment system or the exam, marking the chosen assessment method in the student info system.

After that date, the exam option will be considered by default.

A student who has chosen the continuous assessment method but has not passed can only retake the written test during 2nd call period.

Grade improvement cannot be done in the 1st call exam period.

Students can only submit their work for assessment once per academic year and must be completed during the semester.

Students who completed the work the previous year can choose to keep it and only do the final presentation.

Only scientific calculators are allowed in written tests.

NAO