AIMS AND CONTENT

LEARNING OUTCOMES

The course is made of three parts: general ledger, management accounting, investment appraisal.

GENERAL LEDGER: the student should learn how to translate daily organizational events (sales, purchases, credits, debts…) into appropriate budget items using double-entry bookkeeping, drawing up of the budget; the student will be able to make easy ratio analysis and leverage analysis on given balance sheets.

MANAGEMENT ACCOUNTING: the student will be able to make cost analysis according to the main accounting methods; the student will be able to set and provide a solution to easy short-term decision making problems (make or buy, marketing mix decision making, break even analysis).

INVESTMENT APPRAISAL: the student will learn to set and provide a solution to simple investment appraisal problems applying the main discounted cash flow methods both pre and post taxes.

TEACHING METHODS

Lectures and practice

SYLLABUS/CONTENT

The course is made of three parts: general ledger, management accounting, investment appraisal.

GENERAL LEDGER: balance sheet main components: assets and liabilities, profit and loss account; double-entry accounting; reclassification of financial statements; ratio analysis; financial leverage

MANAGEMENT ACCOUNTING: cost analysis; full costing and direct costing; job order costing, process costing, activity based costing; make or buy, marketing mix decision making, break even analysis.

INVESTMENT APPRAISAL: discounted cash flow analysis: net present value; internal rate of return; payback time; pre-tax vs post-tax discount rate

RECOMMENDED READING/BIBLIOGRAPHY

Economia Aziendale - Modelli, misure, casi 3/ed Francesco Favotto, Saverio Bozzolan, Antonio Parbonetti, McGrawHill

Contabilità e bilancio 3/ed, Fabrizio Cerbioni, Lino Cinquini, Ugo Sòstero, McGrawHill

Analisi di bilancio. Strutture formali, indicatori e rendiconto finanziario, Ugo Sòstero, Pieremilio Ferrarese, Giuffrè ed.

Sistemi di controllo di gestione. Metodi, strumenti e applicazioni, Giovanni Azzone, ETAS

TEACHERS AND EXAM BOARD

Exam Board

SILVIA MASSA (President)

STEFANIA TESTA (President)

MARCO RABERTO

LESSONS

Class schedule

CORPORATE ECONOMICS

EXAMS

EXAM DESCRIPTION

Written examination. Oral test optional. During lesson-time it will be possible to sit intermediate tests on each part of the course.

Exam schedule

FURTHER INFORMATION

Pre-requisites :

None