
Cost Management Systems
Code: 104608Credits: 6
| Degree programme | Type | Course |
|---|---|---|
| Business and Information Technology | OB | 3 |
Contact lecturer
- Name :
- Carme Casablancas Segura
- Email :
- carme.casablancas@uab.cat
Group languages
You can consult this information at the end of the document.
Prerequisites
Prerequisites are not required to take this subject.
Objectives
Context:
This subject is contextualized between the knowledge areas of Accounting (Principles of Accounting subject in Business and Information Technology's degree) and Operations (with Business Process Management and Operations Management as subjects of the Business and Information Technology's degree).
Goals:
- Understanding the relationship between the Financial Accounting and Cost Accounting.
- Understand the concept of cost and the relationship between cost and expense, as well as the classification of costs.
- Knowing how to use process-costing systems in different types of industry.
- Understand the concept and applications of the standard cost as a basic tool for Planning and Budgeting Process.
- Learn the relevant information for decision making.
- Understand the concept of quality in its different areas (product, company and environment). Know how to calculate the costs of product quality or service.
Learning outcomes
- KM20 (Describe the necessary analysis tools, both at a qualitative and quantitative level, for problem solving and decision-making in the different functional levels of the company.) Describe the necessary analysis tools, both at a qualitative and quantitative level, for problem solving and decision-making in the different functional levels of the company.
Contents
Topic 1. Concept and Classification of Costs
- Differences between Financial Accounting and Cost Management.
- Cost concept.
- Classification of costs.
- Costs for Nature.
- The cost of materials.
- The cost of labor.
- Other costs.
Topic 2. Cost Allocation Systems
- Direct Cost.
- Full Cost Industrial.
- Rational Allocation.
- Total Full Cost.
Topic 3. Cost Pool Homogeneity
- The process of allocating costs. Organic system versus Inorganic System.
- Operating Departments and Support Departments.
- Statistics Costs Settlement
Topic 4. Costing systems
- Job-costing system.
- Allocation of costs to orders.
- Assessment of current orders.
- The result calculation of the orders.
- Process-costing system.
- Table of distribution and Table Matrix
- Process costing with both some opening and some closing work-in-progress stock.
- The unit cost structure.
Topic 5. The Standard Cost and Budget Control
- Cost Standard. Concept and Calculation.
- The Budgeting Process.
- Managing the Budgeting Process.
- Flexible Budget.
- Analysis of variances.
Topic 6. Control systems and transfer pricing
- The decentalization.
- Transfer pricing.
Topic 7. Costs and Business Management
- Costs of Quality. Concept and Classification.
- Decision Making.
- Relevant costs.
- Accepting or rejecting one-off special decision.
- The case of cost management in technology projects.
Learning activities and methodology
| Title | Hours | ECTS | Learning outcomes |
|---|---|---|---|
| Study and research for information | 40.5 | 1.62 | KM20 |
| Practical sessions on application and problem-solving | 10 | 0.4 | KM20 |
| Project development and preparation of submissions | 45 | 1.8 | KM20 |
| Project team tutorials | 5 | 0.2 | KM20 |
| Project review and feedback sessions | 10 | 0.4 | KM20 |
| Project Laboratory: development, monitoring and validation | 10 | 0.4 | KM20 |
| Learning sessions focused on project development | 29.5 | 1.18 | KM20 |
Teaching Methodology
This module adopts a Challenge-Based Learning (CBL) approach, placing students at the centre of the learning process. The methodology is structured around the design, validation and iterative improvement of a decision-support tool, developed collaboratively by students with guidance from the teaching staff. The aim is for students to progressively integrate and apply the knowledge acquired throughout the module to address situations related to cost management systems.
The challenge is designed as a semi-open challenge, requiring students to analyse a business scenario, identify the key issues, make well-founded decisions, and develop a functional solution that can be adapted to the organisation's needs.
Students will work in project teams, organised into specialist groups, each assuming responsibility for a specific part of the project. Their contributions will subsequently be integrated into a single solution. The project follows an iterative development process, structured around a series of interim submissions that enable students to validate their work, incorporate improvements, and progressively refine the final product.
The module combines independent study, collaborative work, progress review sessions and discussion activities aimed at analysing project development, justifying the decisions made and identifying opportunities for improvement. This process promotes the development of technical knowledge, teamwork, communication and decision-making skills within contexts that closely reflect professional practice.
A reflective practice approach is used to foster self-regulated learning, supported by effective feedback processes that enable students to identify the strengths of their work, recognise areas for improvement, and continuously guide their learning throughout the semester.
The module is designed to prioritise the progressive development of the project, continuous team supervision and ongoing feedback, with the aim of promoting active, collaborative and student-centred learning.
Assessment
Continuous assessment activities
| Title | Weight | Hours | ECTS | Learning outcomes |
|---|---|---|---|---|
| Final Test | 30% | 0 | 0 | KM20 |
| Project Group | 45% | 0 | 0 | KM20 |
| Laboratory practice | 25% | 0 | 0 | KM20 |
The completion of assessment activities is subject to the provisions set out in this course guide and in the "Policy of the School of Economics and Business on the Detection of Irregularities during Assessment Activities", which regulates the conditions under which assessment tasks are conducted and the procedures applicable in cases where indications of irregularities are detected. Students are encouraged to consult the policy.
Evaluation
This subject does not offer the option for comprehensive evaluation. Student assessment will be based on the following activities:
- Project Group (45% of the total).
- 5% Deliveries on time (at least 80%).
- 35% of the project. Will be assessed based on a rubric.
- 15% First prototype (note Group).
- 10% Oral Defenses.
- 10% Final version (note group).
- 5% Individual evaluation (weighted average about the score of colleagues and the score of the professor). It is not computable if do not done this activity.
- Laboratory practice (25% of the total). The grade is computable if you get a score higher than 5 out of 10.
- Final Test, 5 to 7 subjects (30% of the mark). The grade is computable if you get a score higher than 3,5 out of 10.
To pass the course the student should get her an aggregate grade not less than 4.9 out of 10. To pass the course is also necessary have completed all activities: Laboratory Practice, project and Final Test.
Calendar of evaluation activities
The dates of the evaluation activities (Laboratory practice, assignments ...) will be announced well in advance during the semester.
The date of the final exam is scheduled in the assessment calendar of the Faculty.
\"The dates of evaluation activities cannot be modified, unless there is an exceptional and duly justified reason why an evaluation activity cannot be carried out. In this case, the degree coordinator will contact both the teaching staff and the affected student, and a new date will be scheduled within the same academic period to make up for the missed evaluation activity.\" Section 1 of Article 115. Calendar of evaluation activities (Academic Regulations UAB). Students of the Faculty of Economics and Business, who in accordance with the previousparagraph need to change an evaluation activity date must processthe request by filling outan Applicationfor exams' reschedule at https://eformularis.uab.cat/group/deganat_feie/application-for-exams-reschedule
Grade revision process
After all grading activities have ended students will be informed of the date and way in which the course grades will be published. Students will be also be informed of the procedure, place, date and time of grade revision following University regulations.
Retake Process
\"To be eligible to participate in the retake process, it is required for students to have been previously been evaluated for at least two thirds of the total evaluation activities of the subject.\" Section 3 of Article 112 ter. The recovery (UAB Academic Regulations). Additionally, it is required that the student to have achieved an average grade of the subject between 3.5and 4.8.
The date of the retake exam is posted in the calendar of evaluation activities of the Faculty. Students taking this exam and passing will get a grade of 5 for the subject. For the students that do not pass the retake, the grade will remain unchanged, and hence, will fail the course.
Irregularities in evaluation activities
Despite other disciplinary measures deemed appropriate, and in accordance with current academic regulations, \"whenever a student makes any irregularity that could lead to a significant variation in the grade of an evaluation activity, it will be graded with a 0, regardless of the disciplinary process that can be instructed. In case of occurrence of various irregularities in the evaluation of the same subject, the final grade of this subject will be 0\". Section 10 of Article 116. Results of the evaluation. (UAB Academic Regulations).
Not assessable
Following point 9 of article 266 of the UAB Academic Regulations, when it is considered that the student has not been able to provide sufficient evidence for the assessment of this subject, he/she will be classified as not assessable.
Use of AI
In this subject, the use of Artificial Intelligence (AI) technologies is allowed as an integral part of the development of the work, provided that the final result reflects a significant contribution by the student in the analysis and personal reflection. The student must clearly identify which parts have been generated with this technology, specify the tools used and include a critical reflection on how these have influenced the process and the final result of the activity. The lack of transparency in the use of AI will be considered a lack of academic honesty and may lead to a penalty in the grade of the activity, or greater sanctions in serious cases. The use of AI in conducting exams is not permitted.
Bibliography
Main references:
Amat, O. & Soldevila, P. (2010). Contabilidad y gestión de Costes. Profit Editorial. ACCID Barcelona.
Bhimani, Alnoor, et al. Management and Cost Accounting, Pearson Education, Limited, 2018. ProQuest Ebook Central, https://ebookcentral.proquest.com/lib/uab/detail.action?docID=5763136.
Horngren, Charles T., Srikant M. Datar, and Madhav V. Rajan. Horngren’s Cost Accounting : a Managerial Emphasis / Charles T. Horngren, Srikant M. Datar, Madhav V. Rajan. Sixteenth edition, global edition. Harlow, Essex, England: Pearson Education Limited, 2017. Print.
Kaplan, Robert S., and David P. Norton. El Cuadro de mando integral = The balanced scorecard / Robert S. Kaplan, David P. Norton ; [traducción: Adelaida Santapau]. 3a ed. rev. Barcelona: Gestión 2000, 2009. Print.
Mallo, C.; Mallo, M.A.; Jiménez M.A.; Mallo, J. & Merlo, J. (2000). Contabilidad de Costes. Pirámide.
Ripoll Feliu, V. & Álvarez Lópes, J. (1994). Introducción a la contabilidad de gestión. Cáculo de costes. s. n/Madrid.
UAB: Material proporcionado en el Aula Moodle de la asignatura.
Secondary references:
Datar, Srikant, and Madhav Rajan. Horngren's Cost Accounting, Global Edition, Pearson Education, Limited, 2020. ProQuest Ebook Central, https://ebookcentral.proquest.com/lib/uab/detail.action?docID=6340519.
Farooq, Muhammad Arsalan et al. “Cost of Quality: Evaluating Cost-Quality Trade-Offs for Inspection Strategies of Manufacturing Processes.” International journal of production economics 188 (2017): 156–166. Web.
Horngren, Charles T., SrikantM. Datar, and Madhav V. Rajan. Horngren’s Cost Accounting : a Managerial Emphasis / Charles T. Horngren, Srikant M. Datar, Madhav V. Rajan. Sixteenth edition, global edition. Harlow, Essex, England: Pearson Education Limited, 2017. Print.
Kaplan, R. S., & Norton, D. P.(2001). Transforming the balanced scorecard from performance measurement to strategic management: Part I. Accounting Horizons, 15(1), 87-104. Retrieved from https://www.proquest.com/scholarly-journals/transforming-balanced-scorecard-performance/docview/208896029/se-2
Kaplan, R. S., & Norton, D. P. (2001). Transforming the balanced scorecard from performance measurement to strategic management: Part II. Accounting Horizons, 15(2), 147-160. Retrieved from https://www.proquest.com/scholarly-journals/transforming-balanced-scorecard-performance/docview/208910161/se-2
Software
The module uses Microsoft Excel as a platform for the design, development and validation of a decision-support tool in the field of cost management systems. To support project development, students are also encouraged to use collaborative working tools, project management applications, diagramming and presentation software, as well as reference management tools.
Course groups and languages
The information provided is provisional until November 30. After this date, you will be able to consult the language of each group through this link. To access the information, you will need to enter the course CODE
| Type of teaching | Group | Language | Semester | Shift |
|---|---|---|---|---|
| (TE) Theory | 20 | Catalan | first semester | morning-mixed |
| (PAUL) Classroom practices | 201 | Catalan | first semester | morning-mixed |
| (PLAB) Practical laboratories | 201 | Catalan | first semester | morning-mixed |
| (PLAB) Practical laboratories | 202 | Catalan | first semester | morning-mixed |