• 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/
ERASMUS students are invited to contact the teacher for their program.
The verification of the preparation of attending and non-attending students takes place at the end of the course during the exam sessions and consists of an oral exam.
Question exam will reflect those covered during the course and present in the program developed in order to bring students to reflect on the problems of management control.
Evaluation criteria of the oral test will be constituted by the argumentative rigor, completeness, language properties, and depth of analysis of the answer provided by the student.