| ANALYSIS AND COST ACCOUNTING
(objectives)
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.
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Derived from
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21201512 ANALYSIS AND COST ACCOUNTING in Economics and business administration L-18 BIONDI LUCIA
(syllabus)
1. Cost recognition and calculation methodologies
1.1. Cost accounting within the management accounting system
1.2. The classification of costs and the different cost configurations
1.3. The determination of costs according to the full costing technique
1.4. The determination of costs according to the simple and evolved direct costing technique
2. Cost centre accounting
2.1. Creation of a cost centre map and allocation of business costs
2.2. Operation of a cost centre accounting system and its limitations
3. Costs and business decisions
3.1. The typology of production processes
3.2. The cost-volume-results analysis
3.3. The use of the contribution margin in business decisions (product mix, make or buy, pricing and profitability assessments, differential analysis, etc.)
4. Overview of innovative cost analysis and management issues
4.1. Cost accounting in the Anglo-Saxon tradition
4.2. Changes in organisational and management architectures and cost analysis
4.2. Costing from business processes and activities: activity-based costing
5. Notes on accounting systems
5.1 Single integrated system
5.2 Dual accounting system
Case-studies
(reference books)
– 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
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Dates of beginning and end of teaching activities
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From to |
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Delivery mode
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Traditional
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Attendance
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not mandatory
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Evaluation methods
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Written test
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Università Roma Tre