In the UCLM Report about studies on Business Administration and Management, previous requirements have not been established to take the subject of Cost Accounting, Although we consider that it is necessary that the student has knowledge of General Accounting, taught in the first year of the studies of Business Administration and Management degree.
The subject of Cost Accounting is taught in the third year of the degree in Business Administration and Management, during the first semester. It allows the elaboration of information, from the internal scope of the company. This informacion complements Financial and Societies Accounting, studied in the previous courses.
The field of study of the subject focuses on the internal scope of the company, in the study of cost relations, production and benefits, which is based on the economic and productive activity of organizations. It provides a view of the internal perspective of the company, by using all the tools related to the study of the costs of the company and the application of different calculation models. It is part of the company's management process, related to strategic planning, management control and control of activities and favors the decision-making process.
It becomes a very useful tool for the profession, since it allows students to achieve competencies for the elaboration of information to facilitate the process of decision making and management control of organizations.
| Course competences | |
|---|---|
| Code | Description |
| E01 | Develop the ability to manage and run a company or organization, understand their competitive and institutional position, and identify their strengths and weaknesses. |
| E03 | Develop and enhance the ability to establish the planning and organization of any task in a company with the ultimate goal of helping make business decisions. |
| E04 | Incorporate the ability to integrate into any functional area of ¿¿a business or organization to perform and be able to lead any given task. |
| E05 | Develop the ability to analyze any information on the situation and possible development of a company and transform it into a business opportunity. |
| E09 | Ability to carry out a financial evaluation of the different assets of a company at different points in time and at different levels of risk. |
| G03 | Develop oral and written communication skills in order to prepare reports, research projects and business projects and defend them before any commission or group of professionals (specialised or non-specialised) in more than one language, by collecting relevant evidence and interpreting it appropriately so as to reach conclusions. |
| G04 | Ability to use and develop information and communication technologies and to apply them to the corresponding business department by using specific programmes for these business areas. |
| G05 | Capacity for teamwork, to lead, direct, plan and supervise multidisciplinary and multicultural teams in both national and international environments so as to create synergies which benefit organisations. |
| Course learning outcomes | |
|---|---|
| Description | |
| Assume a social and ethical responsibility in decision making. | |
| Know the regulations and accounting systems that lead to the obtaining, analysis and interpretation of external and internal information to the company for the decision making of the different agents interested in it, such as shareholders, managers, clients, employees or public administration. | |
| Search for information, analysis, interpretation, synthesis and transmission. | |
| Listen, negotiate, persuade and defend arguments orally or in writing. | |
| Solve problems in a creative and innovative way. | |
| Additional outcomes | |
| Description | |
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Unit 1: The accounting information system in the company
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Unit 2: Analysis and classification of costs. Calculation methods and cost statistics
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Unit 3: Costs of production factors
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Unit 4: Cost model by production orders
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Unit 5: Cost model by departments
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Unit 6: Cost model by homogeneous sections
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Unit 7: Cost model by activities. ABC system
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Unit 8: Full-Cost and Direct Cost models. Concepts and differences
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Unit 9: Production and Management Accounting. Common cost model
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Unit 10: Planning, budgeting and standard cost models
| Training Activity | Methodology | Related Competences (only degrees before RD 822/2021) | ECTS | Hours | As | Com | Description | |
| Class Attendance (theory) [ON-SITE] | Lectures | E01 E03 E04 E05 | 1.33 | 33.25 | N | N | ||
| Class Attendance (practical) [ON-SITE] | Lectures | E01 E03 E04 E05 E09 | 0.67 | 16.75 | N | N | ||
| Problem solving and/or case studies [ON-SITE] | Combination of methods | E01 E03 E04 E05 E09 G03 G04 | 0.2 | 5 | Y | N | ||
| Writing of reports or projects [OFF-SITE] | Combination of methods | E01 E03 E04 E05 E09 G03 G04 G05 | 0.8 | 20 | Y | N | ||
| Other off-site activity [OFF-SITE] | Combination of methods | G03 G04 | 1 | 25 | N | N | ||
| Study and Exam Preparation [OFF-SITE] | Combination of methods | E01 E03 E04 E05 E09 G03 G04 G05 | 1.8 | 45 | N | N | ||
| Final test [ON-SITE] | Combination of methods | E01 E03 E04 E05 G03 G04 G05 | 0.2 | 5 | Y | Y | ||
| Total: | 6 | 150 | ||||||
| Total credits of in-class work: 2.4 | Total class time hours: 60 | |||||||
| Total credits of out of class work: 3.6 | Total hours of out of class work: 90 | |||||||
As: Assessable training activity Com: Training activity of compulsory overcoming (It will be essential to overcome both continuous and non-continuous assessment).
| Evaluation System | Continuous assessment | Non-continuous evaluation * | Description |
| Final test | 70.00% | 100.00% | |
| Assessment of problem solving and/or case studies | 30.00% | 0.00% | |
| Total: | 100.00% | 100.00% |
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Continuous assessment:Evaluation criteria not defined
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Non-continuous evaluation:Students who have not followed the continuous assessment will take the final test and compute 100% of the subject.
| Not related to the syllabus/contents | |
|---|---|
| Hours | hours |
| Class Attendance (theory) [PRESENCIAL][Lectures] | 33.25 |
| Class Attendance (practical) [PRESENCIAL][Lectures] | 16.75 |
| Problem solving and/or case studies [PRESENCIAL][Combination of methods] | 5 |
| Writing of reports or projects [AUTÓNOMA][Combination of methods] | 20 |
| Other off-site activity [AUTÓNOMA][Combination of methods] | 25 |
| Study and Exam Preparation [AUTÓNOMA][Combination of methods] | 25 |
| Final test [PRESENCIAL][Combination of methods] | 5 |
| Global activity | |
|---|---|
| Activities | hours |
