Base Knowledge
Cost and management accounting
Teaching Methodologies
1. An expository methodology of the main concepts and theoretical foundations will be used, supported by the presentation of practical cases.
2. In resolving and discussing these practical cases, the active and interrogative method will be used, thus allowing students to better understand their application to strategic cost management in organizations.
Learning Results
At the end of this curricular unit, students will be able to:
1. Identify information needs within the scope of Management Accounting.
2. Identify and describe concepts, techniques, and factors relevant to effective strategic cost management in organizations.
3. Produce continuous and/or punctual information that allows for effective strategic cost management in organizations.
4. Apply different management accounting techniques in the strategic cost management of organizations.
5. Adapt the knowledge obtained to the various sectors of activity.
6. Produce, analyze, and communicate information, within a teamwork framework, for decision making.
Program
1. NEW TRENDS IN MANAGEMENT ACCOUNTING
2. MANAGEMENT ACCOUNTING AND MANAGEMENT PROCESS – MANAGEMENT ACCOUNTING AS A VALUE
ACTIVITY.
3. COST MANAGEMENT AND VALUE CREATION:
3.1. Activity Based Techniques, ABC (Activity Based Cost), ABM (Activity Based Management) and TDABC
(Time Driven ABC)
3.2. Target Costing
3.3. Kaizen Costing
3.4. Value Engineering and Process Reengineering (BPR)
3.5. Total Quality Management (TQM)
3.6. JIT Systems
3.7. Life–cycle Costing
3.8. Internal and External Benchmarking
4. MANAGEMENT ACCOUNTING AND DECISION MAKING
4.1. Behavior and Cost Estimation
4.2. The Learning Curve (Experience)
4.3. Cost management and decision making – the relevant cost approach
4.4. Outcome Modeling: Cost-Volume-Result Analysis
4.5. TOC – Theory of Constraints
Curricular Unit Teachers
Internship(s)
NAO
Bibliography
Main bibliography:
-
Ferreira, D., Caldeira, C., Vicente, C., Asseiceiro, J., & Vieira, J. (2019). Contabilidade de Gestão Estratégia de Custos e de Resultados – Cost and Management Accounting. (2ª Edição). Editora Rei dos Livros.
Ferreira, D., Caldeira, C., Vicente, C., Asseiceiro, J., & Vieira, J. (2019). Contabilidade de Gestão Estratégia de Custos e de Resultados – Advanced Management and Managerial Accounting. (2ª Edição). Editora Rei dos Livros.
Drury, C. (2021). Management And Cost Accounting. (11th Edition). Cengage Learning EMEA.
Cruz, I., Coimbra, C., Abramtes, L., Alves, M. C., & Quesado, P. (2023). Contabilidade de Gestão Avançada – Gestão Estratégica de Custos e Avaliação do Desempenho. Editora Almedina.
Additional Bibliography:
- Burns, J., Quinn, M., Warren, E., Oliveira, J.; Management Accounting, McGraw-Hill, 2013, 1st Edition
- Blocher, E., Stout, D., Cokins, G.; Cost Management: A Strategic Emphasis, McGraw-Hill, McGraw-Hill International Edition, Nova York 2013
- Drury, Colin, (2015), Management Accounting for Business, South-Western, Cengage Learning, 2016, 6th edition or 5th , 4th edition
- Garrison, Ray H. Noreen, Eric W. e Brewer, Peter (2015), Managerial Accounting, 15th Edition, McGraw-Hill, New York.
- Hilton, R.W., Maher, M.W., Selto, F.H.; Cost Management – Strategies for Business Decisions, McGraw-Hill, 2008
- Horngren, C., Datar, S., Rajan, M; Cost Accounting. A Managerial Emphasis, Prentice-Hall International, 2012
- Saraiva, A., Rodrigues, A., Coimbra, C., Fantasia, M. e Nunes, R., (2018), Contabilidade de Gestão – Métodos de Custeio e Valorização de Inventários, 1ª edição, Editora Almedina, Coimbra.
The bibliography will be complemented by scientific and/or technical articles focused on the different themes of the program.