Introduction to Accounting Important note: Students must have an adequate level of English or Spanish language in order to follow the course.

Knowledge: - To learn the main instruments of management accounting for the decision making - To understand the utility and scope of these tools - To apply the instruments to any new firm - To analyze and evaluate the results obtained through these models (causes and consequences) Skills: - Ability to make decisions - To achieve the result by autonomous ways. - Flexibility to fit the different models to the business reality Attitudes: - Ethical behavior in accounting

Topic 1: Introduction to management accounting Topic 2: Basic concepts Topic 3: Income Statement Types (Absorption and Variable costing) Topic 4: CVP Analysis Topic 5: Pricing decisions (Target costing) Topic 6: Budgets (Operational y Financial) Topic 7: Job and Process Costing Topic 8: ABC and Department costing

Students as future decision maker managers will be users of management accounting standars. In this way, the target of this course is train students to analyze and understand the informs on costs of products, sections, responsibility areas, etc. Students at the end of this course will know the targets, basis of management accounting systems, characteristics of their design and different types of uses in planning and control. The methodology of teaching-learning for applying has three components: 1) Learning development through theory classes given by the lecturers. 2) Technical skills development through exercises solving by the student, and explained and discussing in the classroom. 3) Solution and problems detection skill through the resolution of cases (exercices without unique or numerical solution).