Advanced Management Accounting

Recommended Prerequisites

Students must have prior contact with introduction to management accounting, otherwise it will be required an additional effort.

Teaching Methods

The theoretical contents of the curricular unit will be presented through lectures illustrated whenever possible with practical cases. Students must apply the competences acquired through practical activities, including the analysis of case studies and exercises. The sharing of professional experience will be encouraged during these activities.

Learning Outcomes

This curricular unit aims to provide an understanding about the key tools and techniques used by management accounting that provide information to organizations to support decision making and help achieve the short-term or long- term objectives. The theoretical rigor is always associated with the practical use through the study of cases of different organizations. Case study, though not exclusively, they are the primary method to achieve the objectives of learning.

At the end of this curricular unit, master students should be able to implement the key tools and techniques used by management accounting, in different sectors.

Work Placement(s)

No

Syllabus

v  Cost management and value creation:

• Target costing, value analysis and  tear-down analysis
• Kaisen costing
• Business process re-engineering  (BPR)
• Total quality management  (TQM)
• JIT systems
• Life cycle costing
• Benchmarking

v  Strategic cost management, Value  chain  analysis and  and “lean” thinking 

v  Management accounting  and  sustainable development

v  Opportunity costs,  capacity costs and the theory of constraints in an environment of multiple factors

v  Effect of scarce resources in short-term decisions

v  Pricing decisions and  profitability analysis

v  The strategic value of intellectual capital

v  Management accounting in different sectors.

Head Lecturer(s)

Maria Manuela Gaspar Fantasia

Assessment Methods

Assessment
Exam (100%) or 1 test (60%) and 1teamwork (40%) that will be presented in class: 100.0%

Bibliography

Burns, J., Quinn, M., Warren, L. e Oliveira, J., 2013, Management  Accounting. UK: McGraw-Hill Education Ed
Cooper, R. e Slagmulder, R., 1997, Target Costing and Value Engineering. Portland, Oregan: Productivity Press
Drury, C., 2008, Management and Cost Accounting. (7ª Ed.). London: South-Western Press
Garrison, R., Noreen, E. e Brewer, P., 2004, Managerial Accounting: Concepts for Planning, Control, Decision making. (11ª Ed.). Illinois: Irwin, Burr Ridge
Horngren, C., Foster, G. e Datar, S, 2000, Cost Accounting: a Managerial Emphasis. (10ª Ed.). New Jersey: Prentice Hall International, Inc.
Kaplan, R. e Atkinson, A., 1998, Advanced Management Accounting. (3ª Ed.). London: Prentice-Hall International Ed
Mallo, C., Kaplan, R., Meljem, S. e Giménez, C., 2000, Contabilidad de Costos y Estratégia de Gestión. Madrid: Prentice Hall Iberia
Sakurai, M., 1996, Integrated Cost Management: A companywide prescription for higher profits and lower cost. Portland, Oregon: Productuvity Press