Teaching code

4S00395

Academic staff

Silvia Cantele, Paolo Durastante

Coordinator

Silvia Cantele

Credits

9

Language

Italian

Scientific Disciplinary Sector (SSD)

SECS-P/07 - BUSINESS ADMINISTRATION AND ACCOUNTING STUDIES

Period

Secondo semestre (lauree) dal Feb 26, 2024 al May 31, 2024.

Courses Single

Authorized

Lessons timetable Moodle Seminars 0

Learning objectives

This course supplies the conceptual and methodological basis of management control within the evolutionary context of business decision tools. The course aims at giving students knowledge about the purposes and the functioning of the main tools used for planning and controlling companies’ activities, in the light of effectiveness and efficiency in management.
At the end of the course students will be able to calculate the cost of a product and of other cost objects through the different methodologies included in the program, to record through management accounting systems, to do calculations relating to operating choices and investment choices, budgeting and reporting to the direction.

Prerequisites and basic notions

knowledge of concepts of cost, revenue, margin, result. knowledge of cost categories (nature classification) and the Profit & Loss structure. Knowledge of the double-entry bookkeeping

Program

Program
1. Management control and cost measurement systems
2. Measuring the full cost of the product
3. Activity Based Costing
4. Product costs in order productions and in continuous flow processes
5. Cost measurement systems based on estimates values
6. Cost accounting: methods and flows
7. Measurement systems based on direct variable costs and operative risk conditions
8. Economic information supporting short-term decision making
10. Strategic planning and budgeting: methodological issues
11. Economic control and the role of budget: organizational issues
12. Reporting for business performance measurement
Book:
Arcari A., Programmazione e controllo, 4th edition, McGraw-Hill, Milano, 2023
E-learning:
Further materials (slides, exercises) will be uploaded on e-learning platform.

Bibliography

Didactic methods

The course consists in frontal lessons dedicated to theoretical basis of management control and exercises on management control tools (cost accounting, cost of products, what if analysis, budgeting…).
The course will include some deepenings on the role of management control in business innovation and/or some meetings with controllers or CFO illustrating the practical implementation of management control in their firms.

Learning assessment procedures

The final exam is a written test, composed of both exercises and theoretical questions (open and with multiple choice), and is aimed at checking the knowledge of the topics in the course program and the ability to apply the management control tools to the different cases included in the exercises.
There are no mid-term exams during the course; the exam will be the same for both attending and non-attending students.

Evaluation criteria

theoretical knowledge of the topics.
ability to solve numerical questions relative to the different control tools studied.

Criteria for the composition of the final grade

Sum of the points achieved in the excercises and theoretical questions.

Exam language

italiano