Name: MANAGEMENT ACCOUNTING II
Code: 510103009
Type: Compulsory
ECTS: 4.5
Length of subject: Per term
Semester and course: 3rd Year - Second 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:
martes - 10:00 / 12:00
EDIFICIO CIM - FCCE, planta 1, Despacho 130
jueves - 09:00 / 10:00
EDIFICIO CIM - FCCE, planta 1, Despacho 130
Tutorials will be carried out by request of the student sending an email to emma.garcia@upct.es
Qualifications/Degrees:
Academic rank in UPCT: Catedrática de Universidad
Number of five-year periods: 5
Number of six-year periods: 3 de investigación
Curriculum Vitae: Full Profile
Responsible for the groups: G1
[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
Examinar las necesidades de información e inferir el modelo de costes que mejor se adapta
Controlar los centros de responsabilidad y determinar como contribuyen al resultado
Planificar las operaciones internas y analizar las causas de incumplimiento de las previsiones
Apoyar la toma decisiones con la información recogida en el interior de la empresa
Se analizarán los modelos de costes variables, modelo ABC y costes estandard. También se estudiarán conceptos como el punto de equilibrio y el análisis coste-beneficio. Se terminará el bloque estudiando los costes relevantes en la toma de decisiones y los costes en empresas descentralizadas
Chapter 1. Absorption versus variable costing
1.1. Definition of variable and absorption costing
1.2. Comparing the effects on income statements
1.3. Absorption costing and performance measurement
Bibliography: Horngren (chapter 9) and Garrison (chapter 6)
Capítulo 1. Coste complete versus coste variable
1.1. Deficición de coste variable y completo
1.2. Comparando efectos en cuentas de resultados
1.3. medidas resultado en coste compelto
Chapter 2. Cost volume profit analysis
2.1. Essential of CVP analysis
2.2. Contribution margins
2.3. Graph method
2.4. Breakeven point and target operating income
2.5. Sensitivity analysis and margin of safety
2.6. Operating leverage
2.7. Effects on sales mix on income
Bibliography: Horngren (chapter 3) and Garrison (chapter 5)
Capítulo 2. Análisis coste-beneficio
2.1. Aspectos esenciales del análsisi
2.2. Margenes de contribución
2.3. Análsisi gráfico
2.4. Punto de equilibrio
2.5. Análsisi de sensibilidad y margen de seguridad
2.6. Apalancamiento operativo
2.7. Efectos en producción múltiple
Chapter 3. Cost Allocation & Activity based costing
3.1. Cost allocation problematic: first stage and second stage approach
3.2. Implementing Activity based costing
3.3. Consideration in implementing the method
Bibliography: Horngren (chapter 5) and Garrison (chapter 8)
Capítulo 3. Método ABC
3.1. Localización de costes en etapas
3.2. Implementando ABC
3.3. Consideraciones
Chapter 4. Standard costing
4.1. The budgeting process
4.2. Definition of standard costs
4.3. A general model for variance analysis
Bibliography: Garrison (chapter 10) and Horngren (chapter 7)
Capítulo 4. Costes estandard
4.1. Presupuestos
4.2. definición de coste estantard
4.3. Modelo y desviaciones
Chapter 5. Budgets and Management Control
5.1. Static budgets and variances
5.2. Characteristics of a flexible budget
5.3. Preparing a flexible budget
5.4. Variance analysis in flexible budgets
Bibliography: Garrison (chapter 9) and Horngren (chapter 7 and 8)
Capítulo 5. Gestión presupuestaria
5.1. Presupuesto fijo y desviaciones
5.2. Presupuesto flexible
5.3. Preparación de presupuesto flexible
5.4. Desviaciones
Chapter 6. Relevant costs for decision making
6.1. Relevant costs
6.2. Product mix decisions: a new order
6.3. Relevant decisions
6.4. Advantages and disadvantages of decentralization
6.5. Transfer pricing
Capítulo 6. Costes relevantes para la toma de decisiones
6.1. Costes relevantes
62. Decisiones con producción multiple: una nueva orden
6.3. Decisiones relevantes
6.4. Ventajas y desventajas de la descentralización
6.5. Precios transferencia
Chapter 7 Management accounting in descentralized organizations
7.1 Introduction
7.2. Understanding ROI
7.3. Transfer pricing
Capítulo 7. Contabilidad de gestión en empresas descentralizadas
7.1. Introduccion
7.2. ROI
7.3. Precios transferencia
Bibliography: Garrison (chapter 11 &12) and Horngren (chapter 22)
Practice
Case studies, exercises and tests
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.
Class in conventional classroom: theory, problems, case studies, seminars, etc
classes of lessons 1 to 7
resolution of practical exercises in class
Competencias relacionadas: todas menos CT3
Rdos aprendizaje: todos
45
100
Tutorials
tutorial classes in groups
Competencias relacionadas: CT3
Rdos aprendizaje: todos
1.5
50
Student work: study or individual or group work
preparation of the exercises and case studies
time to study lesssons
Competencias relacionadas: CT3
Rdos aprendizaje: todos
66
0
Spoken or written exams
There are 2 exams of the subject with theoretical and practical questions. Exam 1: lessons 1-3. Exam 2: lessons 4-7. Each exam takes 50% of the score assigned to the exams (75%).
The weights od the parts included in each exam are 40% (test) and 60% (practical). It is needed to have a total assessment of at least 4 points in the exams (theory and practice together) to pass each (0.4T+0.6P>=4). In the test there is a penalization of 3 questions wrong take one right.
Competencias relacionadas: CB5, CG4 y CE20
Rdos aprendizaje: todos
75 %
Participation and involvement in the teaching-learning process
Participation in the activities that we do at class, that include tests, excel worksheets and case studies.
Competencias relacionadas: todas
Rdos aprendizaje: todos
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.
Competencias: CT3
Resultados aprendizaje: todos
10 %
Spoken or written exams
Exam of the subject with theoretical and practical questions. Same criteria to pass the exam than in SEC. There are two parts (test and practice) equivalent to the SEC exams and the same specific penalization for the test.
The parts of the continuous evaluation system where the minimum required grade is achieved (4 points) will be saved in the final exam for both the June and July calls unless the student expressly renounces.
Competencias: CB5, CE20, CG4
Rdos aprendizaje: todos
75 %
Participation and involvement in the teaching-learning process
Those students who have not completed continuous evaluation will answer some additional test questions in the final exam.
Competencias relacionadas: todas
Rdos aprendizaje: todos
15 %
Evaluation of assignments and reports on practical sessions (final product, follow-up and contribution in the case of group work)
Those students who have not completed continuous evaluation will answer some additional test questions in the final exam.
Competencias: CT3
Resultados aprendizaje: todos
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: