MANAGERIAL ACCOUNTING ADVANCED

Single discipline educational activity

Course Sheet

Course code:

CGA17

Academic Year of enrolment:

2023

Year of supply:

2023/2024

Type of Course:

Characterising

Degree:

Course of 2nd Cycle Degree in MANAGEMENT AND ECONOMICS

Disciplinary Sector:

Business Administration

Language:

Italian

Location:

PESCARA

Credits:

Programme Year:

Professor and Collaborators:

VENDITTI Michelina

Cycle:

Second four months

Hours of classroom activity:

Individual study hours:

171

Prerequisites:

Even though no prerequisites are required, knowledge of the basic notions of programming and control systems is recommended.

Objectives

The course aims to provide knowledge and skills regarding advanced managerial control systems. Through a theoretical discussion and practical case studies, and the student's involvement in autonomous in-depth activities, the course will develop the methodologies and models for the successful implementation of planning, forecasting risk and sustainability management control systems.

At the end of the course, students will have to possess knowledge and skills inherent to operating an advanced managerial control system and critically comment on its implementation. Moreover, students will also be able to decide the key the management control measures to be used and the models for determining their objectives and measuring them in itinere, critically distinguishing between sustainability management control and measurement of results. The student will also be able to apply the acquired knowledge to practical cases, collecting data and critically analyzing the possibilities of developing management control systems.
Students will gain the skills to recognize and eventually implement the individual phases of management control system through the definition of organizational strategies and their integration into the system. Finally, you will be able to recognize the quality of the links between the various phases and the management system elements, identifying critical issues to be solved or strengths to be exploited.

Students will also be able to develop these skills by acquiring the most innovative conceptual and application tools for the design and implementation of management control systems.

The objective is to contribute to training a professional figure (foreseen in the course) who can intervene, direct and/or coordinate the business consultancy activities related to management control. Professional business consultants know how to apply their theoretical and practical knowledge to implement, organize and verify the progress of performance management systems.
To this end, the course proposes to transmit the following skills and knowledge:

KNOWLEDGE AND UNDERSTANDING
Understanding the difference between a traditional management control system and an advanced management control system
Know the reasons and methods to be used for the implementation of a management control system.
Know the main theoretical frameworks and be able to comment on them critically.

KNOWLEDGE AND UNDERSTANDING (applied)
Recognize the presence or absence of a proper of management control system within the company structure.
Analyze and design the entire management control system or individual parts.
Within already operational organizational structures, identify areas for improvement of the existing performance management system.
Application of the concepts conveyed during the lessons to companies characterized by an innovative idea (for example, BCorp).

AUTONOMY OF JUDGMENT
Connect the various phases of the management control systems critically and divide the weaknesses and strengths of existing structures.
Identify the complexity of a business organization and create the conditions for implementing a management control system.
Identify the correct theoretical reference framework for designing a management control system.
Identify and critically explain the interdisciplinary links between course content and other knowledge learned during the degree program.

COMMUNICATION SKILLS
The student will be able to critically discuss the possibility of implementing a management control system from scratch or express a weighted assessment of the existing management control system.
The student will be able to present a report through measured data and appropriate bibliographic references.

ABILITY TO LEARN
The student will be able to carry out research on an individual basis and collaborate in implementing and managing management control systems.

Contents

Extremely changeable and complex scenarios characterize the socio-economic context in which companies operate, and in this situation the role of management control is as challenging as it is decisive for companies. The controller must build models and approaches for adapting and adjusting to the unpredictability of the context and for developing competitive advantages and business continuity.
The course addresses the topics with reference to
- control in its various perspectives;
- planning to ensure the company's financial soundness, sustainability management and corporate welfare, in addition to proper risk management;
- forecasting risks, in the medium and long term, and their effects on business models and the organization;
- development of sustainability management control systems, with connection to sustainable development and Agenda 2030 and critical evaluation of existing systems.

Through the study of numerous practical cases, it will be possible to further deepen this knowledge, enabling students to acquire an adequate critical awareness in the activation and control of these systems.
Students will be involved in in-depth personal and/or group activities and will have the opportunity to present their research, hypotheses and deductions.

Extended Syllabus

Links between the different components of a performance management system.

Sustainability management control in BCORP

Integrated reporting

Case study analysis.

Recommended Bibliography

Hristov, I. (2020), Le prospettive evolutive del performance management, RIREA. Capitolo 1 e capitolo 4.

Ferreira, A., & Otley, D. (2009). The design and use of performance management systems: An extended framework for analysis. Management accounting research, 20(4), 263-282. DOI: https://doi.org/10.1016/j.mar.2009.07.003

Simons, R. (1995), Levers of Control: How Managers Use Innovative Control Systems to Drive Strategic Renewal, Harvard Business School Press, Boston, MA.

Additional teaching materials will be provided during the course.

Any further reading will be indicated in the didactic material provided by the teacher.

Methods of Provision

Conventional

Teaching Methods

Teaching takes place in the second part of the second academic semester. A total of 54 hours of lessons, divided into three sessions per week, will complete the program.

The lessons provide for the active participation of students and (voluntarily) discussion of cases that will contribute to the final evaluation.

Although attendance is not compulsory, it is highly recommended for this course.

Evaluation methods

Verification of learning:

The learning level assessment will be carried out using ongoing tests (case study discussion) and an oral exam, focused on the general and objectives of the course.

Contacts/More Information

All information relating to the course, handouts, support materials, exercises, and all communications will be through the e-learning page.

Università degli Studi
"G. d'Annunzio"

Chieti - Pescara

Aree