Educational objectives
Students will master the basic and traditional elements of the management accounting system, suited to the new governance and control company needs in the competitive arena. Students will understand guidelines and criticalities in the implementation of those elements. These knowledge and competencies constitute the professional background for management accounting roles, as well as for other managerial jobs.
Knowledge and understanding
After completing the course, the students will be expected to know how, at a basic level:
- to describe the characteristics and the fundamental organization of corporate governance and the management accounting system,
- to identify phases and subjects of the management accounting system
- to understand management accounting systems
- to describe the principal sections of business plan and budgets;
- to understand fundamental elements of cost and variance analysis

Capacity to apply knowledge and understanding
After completing the course, the students will be expected, at basic levels:
- to design a management accounting system;
- to articulate a cost, revenues and profit centers map;
- to calculate most relevant performance measures;
- to elaborate the industrial and business plans;
- to calculate and comment variances;
- to elaborate management accounting reports.

Autonomous judgement
After completing the course, the students will be able to interpret budgets and variance analysis (to control the economic and financial equilibrium and set guidelines for actions), even in complex situations and limited available data.
Communication skills
After completing the course, the students will be able to communicate clearly and in a thorough manner problems, idea and solutions about the performance controls, in an expert and general context.