COST MANAGEMENT
- Academic year
- 2024/2025 Syllabus of previous years
- Official course title
- ANALISI E CONTABILITA' DEI COSTI
- Course code
- ET0100 (AF:463862 AR:256942)
- Modality
- On campus classes
- ECTS credits
- 6
- Subdivision
- Surnames Dl-Pas
- Degree level
- Bachelor's Degree Programme
- Educational sector code
- SECS-P/07
- Period
- 3rd Term
- Course year
- 2
- Where
- VENEZIA
- Moodle
- Go to Moodle page
Contribution of the course to the overall degree programme goals
To this end, the course deals with the study of cost classifications, the main costing systems, standard costs and differential costs configurations, deepening and illustrating the applications of these notions to profitability analyses, to the programming and controlling function, and to the analysis of economic convenience and choice between alternatives.
Expected learning outcomes
At the end of this course, students are expected to have developed a solid knowledge of the following basic notions:
- the nature, uses and purposes of management accounting;
- the main classifications and configurations of costs and their uses;
- the main analytical tools connected to the different cost configurations, their formulas and meanings.
2) APPLYING KNOWLEDGE AND UNDERSTANDING
At the end of this course, students are expected to be able to select and apply the main management accounting tools to support decision-making. In particular:
- to be able to identify specific decision-making or analytical issues in different contexts (e.g. profitability analysis, calculation of operational risk, choices between alternatives, programming choices, performance evaluation, etc.);
- to be able to identify the most appropriate cost configuration for a given decision-making or analytical issue;
- to be able to apply in each case the most appropriate management accounting tool(s), with the relative formulas;
- hence, to be able to solve simple management accounting problems.
3) MAKING JUDGEMENTS
At the end of this course, students are expected to be able to:
- critically discuss the nature and uses of management accounting;
- reason on the informational benefits or decision-making support that management accounting tools can give to organizations in different contexts;
- evaluate the preferability or otherwise of the application of certain management accounting tools, for a given decision problem.
Pre-requirements
Those who have not passed the Business Administration exam cannot take the Cost Accounting course.
Contents
2. The classification of costs according to their behavior;
3. The contribution margin and the relationship between income and volume;
4. Full costs and their use;
5. Additional aspects of costing systems;
6. Activity-based costing;
7. Standard costs, variable cost systems, quality costs and joint costs;
8. Variance analysis in production costs;
9. Variance analysis in non-production costs;
10. Strategic planning and budgeting (operational, cash, and investments budgeting);
11. Short-term decisions between alternatives;
12. Environmental and social costs.
The same program is also intended for non-attending students.
Referral texts
Anthony R., Hawkins D., Macrì D., Merchant K. SISTEMI DI CONTROLLO. ANALISI ECONOMICHE PER LE DECISIONI AZIENDALI. Mc Graw-Hill , tredicesima edizione.
Chapters 1-9, chapter 12 and chapter 14
Assessment methods
The methods envisaged for assessing the knowledge and skills acquired are:
a) a written exam, lasting 30 minutes, consisting of 3 calculation exercises and 1 multiple choice question. In this first phase, the expected learning outcomes related to the categories "knowledge and understanding" and "ability to apply knowledge and understanding" will be assessed. The outcome of the exam will be suitable or not suitable for taking the oral exam;
b) an oral exam, during which the student's knowledge will be assessed with particular reference to the expected learning outcomes attributable to the categories "ability to apply knowledge and understanding" and "ability to judge". The maximum achievable grade is 30/30.
As regards the gradation of the grade (how the grades will be assigned), regardless of the attending or non-attending mode:
A. scores in the 18-22 range will be awarded in the presence of:
- sufficient knowledge and ability to understand applied in relation to the programme;
- sufficient ability to apply knowledge and understanding and judgment;
- sufficient communication skills, especially in relation to the use of specific language relating to the subject;
B. scores in the 23-26 range will be awarded in the presence of:
- good knowledge and ability to understand applied in relation to the programme;
- good ability to apply knowledge and understanding and judgement;
- good communication skills, especially in relation to the use of specific language relating to the subject;
C. scores in the 27-30 range will be awarded in the presence of:
- excellent knowledge and ability to understand applied in relation to the programme;
- excellent ability to apply knowledge and understanding and judgment;
- excellent communication skills, especially in relation to the use of specific language relating to the subject.
Teaching methods
The course is associated with tutorials that insist on the most applicative aspects of the program, and that are meant as a support in training students for the written test.
Further information
Accessibility, Disability and Inclusion
Accommodation and support services for students with disabilities and students with specific learning impairments
Ca’ Foscari abides by Italian Law (Law 17/1999; Law 170/2010) regarding support
services and accommodation available to students with disabilities. This includes students with
mobility, visual, hearing and other disabilities (Law 17/1999), and specific learning impairments (Law 170/2010). If you have a disability or impairment that requires accommodations (i.e., alternate testing, readers, note takers or interpreters) please contact the Disability and Accessibility Offices in Student Services: disabilita@unive.it.