Value-Based Management and Control


A. Develop skills related to performance evaluation and management control.
B. Using techniques and management accounting.
C. Understanding the decision making in the context of cost control.

General characterization





Responsible teacher

João Manuel Pintado Silveira Lobo


Weekly - Available soon

Total - Available soon

Teaching language





Cost Accounting: A Managerial Emphasis: Global Version, 14th edition Charles T. Horngren/Srikant M. Datar/Madhav Rajan
Pearson ISBN: 978-0-273-75397-1
Management Control Systems: Performance Measurement, Evaluation and Incentives, 3rd edition Kenneth A. Merchant/ Wim
A. Van der Stede FT Prentice Hall ISBN: 978-0-273-73761-2
Accounting for Decision Making and Control, 6th Edition Jerold Zimmerman McGraw Hill 2009 ISBN: 978-0-073-37948-7

Teaching method

Classes are highly theoretical and practical with a relevant exposed part. Seek to stimulate class participation and
strengthening of technical drilling through weekly assignments.

Evaluation method

To avoid nature exercises too intricate, any assessment is
based on small exercises that test concepts A., B. and C. technical decision-making closely following learning objectives.
Final Exam (50%) / Short Online Quizzes (35%) / On-going assessment (15%)

Subject matter

Introduction to Costs • Management Control Systems: Introduction • Cost Terminology Part II. Cost Allocation • Job-Costing
and ABC • Process Costing Part III. Decision Making • Decision Making and Relevant Information Part IV. Budgeting •
Budgeting Part V. Control and Economics • Agency Theory Part VI. Control and Management • Management Control
Alternatives and Effects Part VII: Control and Strategy • Balanced Scorecard Part VIII. Control and Finance • Incentives,
Performance Evaluation and Compensation.


Programs where the course is taught: