ISMAT 5017

Management Accounting

• ApresentaçãoPresentation

  Management Accounting is an essential part of the global information system of companies and non-profit organisations, being an internal type of accounting with a decisive role in supporting decision-making. Unlike Financial Accounting, which is externally oriented and focused on reporting to third parties, Management Accounting is centred on the internal needs of the organisation, providing detailed information on costs, revenues and results that supports business planning, control and performance evaluation.
• ProgramaProgramme

  S1. Key Concepts S1.1) Financial Accounting and Management Accounting S1.2) Objectives and characteristics of Management Accounting S1.3) The importance of Management Accounting in the scope of entrepreneurship S1.4) The link between Management Accounting and Business Analytics S1.5) Expenses and income S1.6) Costs and their control S1.7) Relationship between costs and volume S2. Production Cost Calculation S2.1) Components of the industrial cost of products S2.2) Attribution of manufacturing overheads. Transformation Costs. S2.3) Costing Systems S3. Production Cost Assessment and Manufacturing Regimes S3.1) Industrial enterprises and manufacturing regimes S3.2) Costing by production orders (direct method) S3.3) Costing by processes or phases (indirect method) S3.4) Joint production
• ObjectivosObjectives

  LO1 - Distinguish between Management Accounting and Financial Accounting, understanding the role of each within the business information system. LO2 - Understand the importance and usefulness of Management Accounting in the context of entrepreneurship and new business creation. LO3 - Identify the role of Management Accounting in Business Analytics processes and in generating information to support decision-making. LO4 - Analyse and classify different types of costs and the relationships between costs and production volume. LO5 - Apply different costing systems to the calculation of production costs, identifying their advantages and limitations. LO6 - Calculate production costs in industrial companies operating under different manufacturing regimes, using direct and indirect methods.
• BibliografiaBibliography

  Caiado, A. P. (2020). Contabilidade analítica e de gestão (9.ª ed.). Áreas Editora.
• MetodologiaMethodology

  ME1 - Theoretical exposition with integrated practical examples. This methodology combines the structured presentation of theoretical concepts with their immediate illustration through real-world business examples and situations. The lecturer introduces the conceptual framework for each topic (cost types, costing systems, manufacturing regimes) and then applies it to concrete cases, enabling students to understand contextually how these concepts work in practice. ME2 - Guided resolution of practical case studies. Students individually or in small groups solve exercises and case studies of progressive complexity, with active support from the lecturer. This methodology promotes logical reasoning, autonomy in problem-solving and consolidation of acquired knowledge.  
• LínguaLanguage

  Português
• TipoType

  Semestral
• ECTS

  5
• NaturezaNature

  Mandatory
• EstágioInternship

  Não