• Management accounting and cost accounting
• Break even analysis
• Costs for short-term decisions
• Product Cost
• Accounting for cost centers
• Accounting for Cost Centers: Some Relevant Aspects
• Activity Based Costing
• Budget
• Variance analysis
• Activity Based Management (ABM) / Balanced Scorecard (BSC)
Cinquini L., Cost Management, Giappichelli, Torino, 2017.
Brusa L., Sistemi manageriali di programmazione e controllo, II edizione, Giuffrè, 2012 (Capitoli 1-2- 3-4-7).
- Supplementary teaching materials available on the online platform: http://elearning.unich.it/
Educational Goals
Companies operates in a system whose complexity requires the pursuit of continuous improvement margins in compliance with principles of efficiency, efficiency and cost-effectiveness. Implementing an adequate management control system means keeping firm "aware" towards the goals set in accordance within its constraints.
Therefore, the course aims to provide the theoretical framework and the operational tools needed for proper management control, by measuring and improving its business performance, as well as a valuable information supporting firms in their decision-making process.
The program focuses on the criteria to build useful information for management and how to use this information in management activity. More specifically, the course deals with the tools that companies employ to guide decision-making processes, to define objectives and allocate resources among alternative uses, as well as to evaluate the economic performance of organizational units. Students acquire the ability to design and use the main programming and control tools such as budget and economic-financial reporting and cost analysis.
Expected learning outcomes:
Acquire the basic skills in organizing and managing systems for planning and management control in different business contexts.
Knowledge and ability to understand
Knowledge and understanding of the basic logic of cost management, budget and performance measurement systems.
Knowledge and understanding skills applied
Ability to apply the tools learned to real cases, in particular to the understanding of a cost analysis and cost accounting system and to the drafting of a budgeting and performance measurement system.
Autonomy of judgment
Knowing how to propose a solution to the problems proposed during the exercise in the classroom of exercises on the topics dealt with and to be able to analyze business cases.
Communication skills
Exposing the results achieved in the classroom exercises also through solutions developed in small work groups.
Ability to learn
Teaching is characterized by the use of practical exercises that the student must be able to analyze, understand by finding a solution in a small group first and then discuss in the classroom by comparing with the positions of the other groups.
Exams of:
-Business Administration
-Accounting I Level
Teaching is structured in 72 hours of frontal teaching, divided into 3 hours lessons according to the academic calendar. The frontal teaching consists of theoretical lessons and exercises on the topics covered.
• Student reception: Tuesday 15.00 - 17.00
• Semester: II
• More information on http://elearning.unich.it/
The verification of the preparation of the students attending takes place during the course through 3 tests in itinere of verification of learning (partial). These ongoing tests are carried out in two phases:
1. in the computerized classroom through 18 multiple choice questions in 30 minutes aimed at verifying the understanding of the theoretical topics dealt with and subsequently
2. in the classroom through 3 written exercises aimed at verifying the understanding of the topics covered in the classroom up to that moment (time 1 hour and thirty minutes).
The total scores of the two tests will be expressed in thirtieths and the final score will be given by the sum of the partial scores. Further oral verification may be provided by the teacher.
The verification of the preparation of non-attending students takes place at the end of the course during the exam appeals and consists of a test:
1. in the computerized classroom through 54 multiple choice questions in 1 hour 30 minutes and later
2. in the teaching room through 4 written exercises aimed at verifying the understanding of the applicative topics covered (time 2 hours).
The total scores of the two tests will be expressed in thirtieths and the final score will be given by the sum of the scores. Further oral verification may be provided by the teacher.
The topics under examination will reflect those covered during the course and present in the program developed so as to bring students to reflect on the issues of management control.
