Universitat Internacional de Catalunya

Accounting 2

Accounting 2
Second semester
Accounting and Financial
Main language of instruction: Catalan

Other languages of instruction: English, Spanish

If the student is enrolled for the English track then classes for that subject will be taught in the same language and also in Spanish.
If the student is enrolled for the English track then classes for that subject will be taught in the same language.

Teaching staff

By appointment


In the event that the health authorities announce a new period of confinement due to the evolution of the health crisis caused by COVID-19, the teaching staff will promptly communicate how this may effect the teaching methodologies and activities as well as the assessment.


It is virtually impossible for managers to function without information. Information is vital for the management process, and accounting is one of the major information systems within any organisation. Managerial accounting studies the generation, communication, and interpretation of internal information, both financial and non-financial. A sound understanding of managerial accounting is absolutely necessary for managers to fulfil their organisational roles responsibly and competently. The course covers the use of accounting information for planning and control purposes in both operational and strategic decision-making.


The management process includes the following main activities: (1) planning, (2) decision-making and (3) monitoring. We will examine these three activities in detail over the semester.

Pre-course requirements

It is recommended that students have completed and understood the courses Accounting 1 and Information Systems.

Relation to other disciplines: managerial accounting is linked to other disciplines. As you go through this course, think about connections to your other areas of study. How does strategy affect the choice of performance measures? How does accounting information support strategy-making in companies? How can accounting information support a marketing plan that is based on meeting customer expectations for delivering quality and performance. Along with financial accounting and finance, cost accounting is also a very important subject for the successful development of a new business plan (Final Degree Project).


The following key topics will be emphasised:

- Importance of managerial information systems to support an organisation’s strategy.

- Job costing and process costing.

- Cost methods for inventories.

- How to manage indirect costs: departmental model and activity-based costing.

- Revenue-cost behaviour and cost-volume-profit analysis.


  • 04 - To understand and know how to use financial terms within a business framework.
  • 19 - To analyse quantitative financial variables and take them into account when making decisions.
  • 29 - To know what an information system is and its typology.
  • 32 - To acquire problem solving skills based on quantitative and qualitative information.
  • 33 - To be able to search for, interpret and convey information.
  • 37 - To be able to apply managerial methods, tools and techniques.
  • 52 - To develop interpersonal skills and the ability to work as part of a team.
  • 53 - To acquire the skills necessary to learn autonomously.
  • 54 - To be able to express one’s ideas and formulate arguments in a logical and coherent way, both verbally and in writing.
  • 63 - To be able to analyse business related behaviour and decisions and evaluate them from an economic, social and ethical point of view.
  • 64 - To be able to plan and organise one's work.

Learning outcomes

On completion of the course students should be able to:

1. explain why organisations need to know how much products, processes and services cost and why they need costing systems;

2. explain the concept of a direct cost and an indirect cost; the different existing costs.




Chapter 1 Introduction to Management Accounting

Chapter 2 Cost Classification

Chapter 3 Direct and Variable Costing Systems and Cost-Volume-Profit Analysis

Chapter 4 Section Costing Systems

Chapter 5 Order Costing Systems

Chapter 6 Process Costing Systems

Chapter 7 Activity-Based Costing Systems

Chapter 8 Budgeting


Teaching and learning activities

In person

  * This course material focuses on active learning by solving problems, mainly the discussion and resolution of exercises and case studies, supplemented by explanations from the lecturer and assigned reading. Students will discuss and solve problems in each class.

* Individual or group work. All projects and case studies must be submitted in electronic form, in order to become familiar with spreadsheets, an essential tool in the business world. Work submitted after the deadline or of poor academic quality will not be accepted.

* Participation in class.

* Teamwork: articles and presentation of case studies.


Evaluation systems and criteria

In person

The marking will be divided between the homework/assignments, in-class tests and the final examination. The weighting on the different activities will be as follows:

20% continuous evaluation activities (homework / assignments)

30% mid-course examination

50% final examination

Bibliography and resources

Horngren, C.T., S.M. Datar and G.Foster (1994). Cost Accounting: A managerial emphasis, 12th ed. Pearson Prentice Hall. ISBN 0-13-149538-0


Horngren, C. T., A. Bhimani, G. Foster and S. M. Datar (1999) Management and Cost Accounting, 9th ed., Upper Saddle River, NJ: Prentice Hall.


Davila A. and D.Oyon (2009). MFD, Malea Fashion District: A new way to learn managerial accounting. Vease Ediciones. ISBN 978-84-612-8317-0

Amat y Soldevila (2009) Contabilidad y gestión de costes. Profit.

Lucey, T. (2007): Costing, Thomson Learning, Londres.

Rosanas, J. M. (1994): Contabilidad de costes para la toma de decisiones. Desclée de Brouwer, Bilbao.

ACCID (2010): Noves tendències en control i reducció de costos, Monografia de la Revista de Comptabilitat i Direcció, Barcelona.

Drury, C. (2012): Management and Cost Accounting, 8th edition, Cengage Learning, Hampshire.