BILANCIO, CONTROLLO E VALUTAZIONE DI AZIENDA
- Overview
- Assessment methods
- Learning objectives
- Contents
- Delivery method
- Teaching methods
- Contacts/Info
The course requires basic knowledge of financial statements, general accounting and cost accounting, which, if the student does not have this knowledge, must be supplemented according to the lecturer's instructions. There are no propaedeutic constraints.
For attending students (those taking the two projects/assignments), the examination consists of an end-of-course written test, as indicated in the examination calendar. The test, lasting 1 hour and 20 minutes, comprises:
- 1 exercise (10 marks) and 5 multiple choice questions (5 marks) (PART ONE);
- 1 exercise (5 marks), 1 open question (6 marks) and 5 multiple choice questions (5 marks) (SECOND PART). The exercises are intended to test the acquired ability to analyse and process data referring to concrete business situations, while the questions are intended to test the understanding of concepts and definitions of theory. In summary, it is intended to test students' ability to approach problems of business health assessment by correctly applying models, algorithms and protocols of economic analysis.
Students will also be asked to complete two assignments, which will be assessed. These assignments are prerequisites for being considered an attending student. For these students, the evaluation of the assignments will account for 50% of the final exam grade. The remaining 50% will correspond to the grade obtained in the written examination.
For non-attending students (those who do not take the two assignments) The exam will be written, lasting 1 hour and 35 minutes and will consist of:
- 2 exercises (10 marks) and 5 multiple choice questions (5 marks) (PART ONE);
- 1 exercise (5 marks), 1 open question (6 marks) and 5 multiple choice questions (5 marks) (SECOND PART).
The mark is cast in thirtieth. The exam will be considered to be passed by a minimum vote of 18/30. Praise will be awarded in the event of obtaining a score of 31.
The course is divided into two parts. Part 1 is intended to offer students the opportunity to acquire, or consolidate, fundamental knowledge and skills in financial statement and economic management control. These are considered indispensable in order to be able to tackle the contents of the "Performance Measurement Systems" course (2nd year-2nd semester of the CdLM-EDI) without particular difficulty. Part 2 is intended to offer students skills in control and evaluation (of companies and financial statements). In particular, the course takes up and deepens the topics of company valuation and financial statement valuation already addressed in previous courses. It also introduces the topic of ESG and sustainability valuation.
EXPECTED LEARNING OUTCOMES
At the end of the course, the student will be able to:
- understand the logic behind the preparation of financial statements, as well as the reclassification and analysis of financial statements;
- apply the techniques of economic management control, also in relation to the prevention of corporate crisis;
- apply the valuation and classification criteria of the main financial statement items laid down by the Civil Code and by national accounting standards principles;
- know the main business valuation methods on a theoretical level;
- understand the rationale behind ESG and corporate sustainability assessment.
Part 1 focuses on the tools of reclassification and financial statement analysis aimed at calculating a system of indices useful for expressing an assessment of the state of health of a company prior to the formulation of a future strategy (10 hours). It also includes a series of sessions specifically focused on the analysis of financial flows for an assessment of the financial sustainability of future strategies and, at the same time, of the strategic sustainability of economic and financial performance (6 hours). The course concludes with an in-depth examination of the appropriate (organizational, administrative and accounting) structures for maintaining business continuity and intercepting indications of crisis, as well as an in-depth examination of the warning indicators included in the protocol prepared by the CNDCEC in the implementation of the "Business Crisis Code" reform (6 hours).
Part 2 can be divided into three macro-themes: sustainability and ESG evaluation (7 hours); financial statements evaluation (7 hours); company valuation (4 hours).
The course includes 40 hours of face-to-face lectures, case discussions, numerical exemplifications and individual and/or group projects.
The lectures allow a direct interaction with the students present, who, following the lecturer's explanation, can ask questions and in turn be solicited on specific cases and issues. The numerical exemplifications and the case discussions allow students to immediately put into practice and to analyse how the principles and criteria dealt with at theoretical level are applied in business reality. The individual/group work aims to provide a method of critical analysis and organization of work for the solution of operational problems under examination.
The teacher uses the e-learning platform for publishing the course slides, case studies and numerical exemplifications.
Office hours are indicated on the teacher's web page on the University
website (https://www.uninsubria.it/hpp/stefano.amelio).