Name: MANAGEMENT ACCOUNTING I
Code: 510103008
Type: Compulsory
ECTS: 4.5
Length of subject: Per term
Semester and course: 3rd Year - First term
Speciality:
Language: English
Mode of study: On-site class
Lecturer data: GARCÍA MECA, MARÍA EMMA
Knowledge area: Economía Financiera y Contabilidad
Department: Economía, Contabilidad y Finanzas
Telephone: 868071040
Email: emma.garcia@upct.es
Office hours and location: Contact with the lecturer
Qualifications/Degrees:
Academic rank in UPCT: Catedrática de Universidad
Number of five-year periods: 4
Number of six-year periods: 3 de investigación
Curriculum Vitae: Full Profile
[CB5 ]. Students are required to show they have developed those learning skills necessary to undertake further studies with a high degree of autonomy.
[CG4 ]. To plan, organize, decide and control the different areas of business management, applying advanced strategic management systems.
[CE20 ]. To design and develop information systems for decision making using different models and methods of management accounting.
[CT3 ]. Learning in an autonomous way
Examine the economic information to determine the components of the cost
Determine the model for the treatment of the information based on the organization of the processes
internal
Analysis of joint processes for cost allocation and decision making
Financial accounting - Management accounting - Cost accounting. Differences between expense, cost, payment and investment. Classifications of costs: by nature, by function, direct and indirect costs, product and period costs, variable and fixed costs, opportunity costs, historic and current/standard/replacement costs, other types of costs. Costing methods. Job costing system
Chapter 1. Managerial Accounting: an overview
1.1. Financial accounting and management accounting
1.2. Strategy and management accounting
1.3. Management accounting and value
1.4. A five step decision in planning and control
1.5. Management accounting guidelines
CAPÍTULO 1. Contabilidad de gestión: una panorámica
1.1. Contabilidad financiera y de costes
1.2. 1.2. Estrategia y contabilidad gestión
1.3. Contabilidad gestión y valor
1.4. Cinco pasos en planificación y control
1.5. Guias en contabilidad de gestión
Bibliography: Horngren (chapter 1)
Chapter 2. Classification and cost concepts
2.1.Costs terminology
2.2.Direct costs and indirect costs
2.3.Variable costs and fixed costs
2.4.Cost drivers
2.5.Inventoriable costs and period costs
2.6.Opportunity and sunk costs and other cost considerations
Capítulo 2. Clasificación y conceptos coste
2.1. Costes y su terminología
2.2. Costes directos e indirectos
2.3. Costes variables y fijos
2.4. Conductores de coste
2.5. Costes inventariables y del period
2.6. Costes oportunidad y costes perdidos
Bibliography: Horngren (chapter 2) and Garrison (chapter 2)
Chapter 3. Job costing
3.1.Job costing and process costing
3.2. General approach to job costing
3.3. Underapplied and overapplied overhead
Bibliography: Horngren (chapter 4) and Garrison (chapter 3)
Capítulo 3. Ordenes de fabricación
3.1. Ordenes de fabricación y contabilidad por departamentos
3.2. Aproximación a ordenes fabricación
3.2. Costes sobre/infra aplicados
Chapter 4. Process costing
4.1. Definition of Process costing
4.2. Five steps process costing allocation
4.3. Weighted average process costing method
4.4. First in First out process costing method
4.5. Transferred-in costs
Bibliography: Horngren (chapter 17) and Garrison (chapter 4)
Capítulo 4. Contabilidad por departamentos
4.1. Definición contabilidad por departamentos
4.2. Cinco pasos en la locaclización de costes
4.3. Método coste medio ponderado
4.4. Método FIFO
4.5. Costes transferencia
Chapter 5. Cost allocation: Joint products and byproducts
5.1. Approaches to allocating joint costs
5.2. Choosing an allocation method
5.3. Accounting for byproducts
Bibliography: Horngren (chapter 16)
Capítulo 5. Producción común y multiple
5.1. Aproximación a producción común
5.2. Elección criterio
5.3. Productos imperfectos y defectuosos
The five lessons have different exercises, tests and case studies
Promoting the continuous improvement of working and study conditions of the entire university community is one the basic principles and goals of the Universidad Politécnica de Cartagena. Such commitment to prevention and the responsibilities arising from it concern all realms of the university: governing bodies, management team, teaching and research staff, administrative and service staff and students. The UPCT Service of Occupational Hazards (Servicio de Prevención de Riesgos Laborales de la UPCT) has published a "Risk Prevention Manual for new students" (Manual de acogida al estudiante en materia de prevención de riesgos), which may be downloaded from the e-learning platform ("Aula Virtual"), with instructions and recommendations on how to act properly, from the point of view of prevention (safety, ergonomics, etc.), when developing any type of activity at the University. You will also find recommendations on how to proceed in an emergency or if an incident occurs. Particularly when carrying out training practices in laboratories, workshops or field work, you must follow all your teacher's instructions, because he/she is the person responsible for your safety and health during practice performance. Feel free to ask any questions you may have and do not put your safety or that of your classmates at risk.
Theory class: Activities consisting of training sessions to develop theoretical knowledge based on concepts and theories
classes of lessons 1 to five
25
100
Problem solving class: Activities consisting of training sessions to develop practical or applied knowledge based on problem solving exercises, or practical cases
resolution of practical exercises in class
15
100
Laboratory or field practice class: Activities aimed at developing practical or applied skills by the student supervised by a remote teacher
0
100
Practical class in the computer room: Activities for the acquisition of certain skills through the use of specific software
practical lessons in IT room with excel exercises
0
100
Seminars, tutorials led by teaching staff, conferences, visits, round tables, etc .: Activities to develop theoretical, practical or applied knowledge based on specific topics or views of the profession
0
100
Assessments (continuous assessment system): speaking or writing tests, presentations, individually or in groups, which should include the knowledge acquired in the classes. Formative and summative assessment activities are included here
activities of thests and practical exercises
5
100
Assessments (final assessment system): speaking or writing tests, individually or in groups, which should include the knowledge acquired in the classes. Summative evaluation is included
0
100
Tutorials: Individual or in groups, will serve to advise, resolve any doubts, guide, monitor work or the knowledge acquired
tutorial classes in groups
10
50
Carrying out individual or group assignments: Autonomous and / or collaborative learning to develop theoretical, practical or applied knowledge by carrying out projects, practice reports and / or assignments
preparation of the exercises and case studies
12.5
0
Individual study: Time dedicated to studying the subject
time dedicated to study management accounting 1
45
0
Spoken or written exams
2 exams of the subject with theoretical and practical questions. There are two exams and the score is divided proportionally between them.
75 %
Participation and involvement in the teaching-learning process
participation in teaching activities
15 %
Evaluation of assignments and reports on practical sessions (final product, follow-up and contribution in the case of group work)
assignment of activities per lesson. This included the 15% of the score of PI activity
10 %
Spoken or written exams
exam of the subject with theoretical and practical questions.There are two equivalent parts corresponding to each SEC exam.
75 %
Participation and involvement in the teaching-learning process
participation in teaching activities
15 %
Evaluation of assignments and reports on practical sessions (final product, follow-up and contribution in the case of group work)
assignment of activities per lesson. This included the 15% of the score of PI activity
10 %
Author: HORNGREN, C.T., DATAR, S.M., FOSTER, G., RAJAN, M. and ITTNER,
Title: Cost Accounting. A Managerial Emphasis
Editorial: Pearson Educational International
Publication Date:
ISBN:
Author: RAY H. GARRISON, ERIC W. NOREEN, PETER C. BREWER
Title: Managerial Accounting
Editorial: McGrawHill.
Publication Date:
ISBN: