Reporting and cost accounting (2014/2015)

Course partially running (all years except the first)

Course code
4S02473
Name of lecturer
Paolo Roffia
Coordinator
Paolo Roffia
Number of ECTS credits allocated
6
Academic sector
SECS-P/07 - BUSINESS ADMINISTRATION AND ACCOUNTING STUDIES
Language of instruction
Italian
Location
VICENZA
Period
Secondo semestre dal Feb 19, 2015 al May 29, 2015.

Lesson timetable

Secondo semestre
Day Time Type Place Note
Tuesday 11:10 AM - 12:50 PM lesson Lecture Hall VM3  
Thursday 8:30 AM - 10:10 AM lesson Lecture Hall VM4  

Learning outcomes

The aim of the course is to provide an introduction to the theory and practice of cost and management accounting. A cost accounting system is concerned with accumulating cost for inventory valuation to meet external financial accounting and internal monthly or quaterly profit measurement requirements. A management accounting system accumulates, classifies, summarizes and reports information that will assist employees within an organization in their decision making, planning, control and performance measurement activities.
The course is taught in english.

Syllabus

Programme:
PART 1: INTRODUCTION TO MANAGEMENT AND COST ACCOUNTING
1. Introduction to management accounting
2. An introduction to cost terms and concepts

PART 2: COST ACCUMULATION FOR INVENTORY VALUATION AND PROFIT MEASUREMENT
3. Accounting for direct costs
4. Cost assignment for indirect costs
5. Accounting entries for a job costing system
6. Process costing
7. Joint and by-product costing
8. Income effects of alternative cost accumulation systems

PART 3: INFORMATION FOR DECISION-MAKING
9. Cost-volume-profit analysis
10. Cost estimation and cost behaviour
11. Measuring relevant costs and revenues for decision-making
12. Activity-based costing

PART 4: INFORMATION FOR PLANNING, CONTROL AND PERFORMANCE MEASUREMENT
13. The budgeting process
14. Management control systems
15. Standard costing and variance analysis

TEACHING ACTIVITY: front lessons.

TEXTBOOK
Colin Drury, Cost and Management Accounting 7e, Published by Cengage Learning, ©2011
ISBN-13: 9781408032138 / ISBN-10: 1408032139, 448 pages, (available on www.amazon.it and other ONLINE bookshops).

Assessment methods and criteria

The language of the examination is English. The examination is a multiple choice test and ope questions for a maximum marks of 30 points. The student may ask for an additional oral examination to modify 2/3 marks.