The course aims to dive into the analytical logics and methodologies and into the cost determination tools in the production companies. The different elements of production costs are analyzed, together with the problems inherent with their detection and their use in decision-making processes, with the aim of pursuing the company’s economic and financial balance trend.
The student will be guided in the world of analytical accounting, through the analysis of costs, revenues and margins for several reference matters that are significant for the management: productions, phases, activities, responsibility centers, areas, customers, business.
In the training course different methodologies will be explored, applied to the various cognitive aims of the management, as well as to give an answer to its decision-making needs: efficiency, productivity, pricing, strategic variations, formal accountability, utility decisions.
The student will be able to elaborate on the different methodologies such as full costing, direct costing, advanced direct costing, activity based costing, differential analysis.
The student will be guided in the world of analytical accounting, through the analysis of costs, revenues and margins for several reference matters that are significant for the management: productions, phases, activities, responsibility centers, areas, customers, business.
In the training course different methodologies will be explored, applied to the various cognitive aims of the management, as well as to give an answer to its decision-making needs: efficiency, productivity, pricing, strategic variations, formal accountability, utility decisions.
The student will be able to elaborate on the different methodologies such as full costing, direct costing, advanced direct costing, activity based costing, differential analysis.
teacher profile teaching materials
1.1. Analytical accounting within the accounting management system (AMS)
1.2. Cost classification and various cost configurations
1.3. Cost assessment according to the full costing technique
1.4. Cost assessment according to the simple and advanced direct costing technique
Accounting for cost centers
2.1. Cost centers mapping and business costs allocation
2.2. Accounting system for cost centers operation and relevant limits
Costs and business decisions
3.1. Types of production processes
3.2. Cost – volume – results analysis
3.3. Contribution margin use in business decisions (product mix, make or buy, pricing and profitability assessments, differential analysis, etc.)
Hints on innovative issues of cost analysis and management
4.1. Cost accounting within the Anglo-Saxon tradition
4.2. Changes in organizational and management structures and in cost analysis
4.2. Cost assessment starting from manufacturing and business activities: the activity-based costing
Hints on accounting systems
5.1 Integrated system
5.2 Two-tier accounting system
- Anthony R. Hawkins D. Kenneth A.: Accounting: texts and cases, Mc Graw Hill Companies, 12th edition 2013
Mutuazione: 21201512 ANALISI E CONTABILITÀ DEI COSTI in Economia e gestione aziendale L-18 ABATE FRANCA
Programme
Methodologies for cost detection and computation1.1. Analytical accounting within the accounting management system (AMS)
1.2. Cost classification and various cost configurations
1.3. Cost assessment according to the full costing technique
1.4. Cost assessment according to the simple and advanced direct costing technique
Accounting for cost centers
2.1. Cost centers mapping and business costs allocation
2.2. Accounting system for cost centers operation and relevant limits
Costs and business decisions
3.1. Types of production processes
3.2. Cost – volume – results analysis
3.3. Contribution margin use in business decisions (product mix, make or buy, pricing and profitability assessments, differential analysis, etc.)
Hints on innovative issues of cost analysis and management
4.1. Cost accounting within the Anglo-Saxon tradition
4.2. Changes in organizational and management structures and in cost analysis
4.2. Cost assessment starting from manufacturing and business activities: the activity-based costing
Hints on accounting systems
5.1 Integrated system
5.2 Two-tier accounting system
Core Documentation
– Datar S. Rajan M.: Cost Accounting, Pearson Education 2017- Anthony R. Hawkins D. Kenneth A.: Accounting: texts and cases, Mc Graw Hill Companies, 12th edition 2013
Type of delivery of the course
Teaching activities include: Face-to-face lessons lasting two hours three times a week, for a total of 60 hours. The days assigned to the exercises will be communicated in advance by the teacher during the lessons.Attendance
Attending is recommended but not compulsoryType of evaluation
Oral exam: short written exercises containing economic profit calculations are provided