FINANCIAL AND SUSTAINABILITY REPORTING

Degree course: 
Corso di Second cycle degree in ECONOMICS, FINANCE AND BUSINESS LAW
Academic year when starting the degree: 
2023/2024
Year: 
1
Academic year in which the course will be held: 
2023/2024
Course type: 
Compulsory subjects, characteristic of the class
Language: 
Italian
Credits: 
6
Period: 
Second semester
Standard lectures hours: 
52
Detail of lecture’s hours: 
Lesson (40 hours), Exercise (12 hours)
Requirements: 

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.

Final Examination: 
Orale

For attending students (those taking the project/assignment), 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:
- 2 exercises (10 marks) and 5 multiple choice questions (5 marks) (PART ONE);
- 2 open questions (11 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 one assignment, which will be assessed. This assignment is prerequisites for being considered an attending student. For these students, the evaluation of the assignment will account for 30% of the final exam grade. The remaining 70% will correspond to the grade obtained in the written examination.

For non-attending students (those who do not take the assignment) The exam will be written, lasting 1 hour and 20 minutes, comprises:
- 2 exercises (10 marks) and 5 multiple choice questions (5 marks) (PART ONE);
- 2 open questions (11 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.

Assessment: 
Voto Finale

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 'Sistemi di misurazione delle performance' course (2nd year-2nd semester of the CdLM-EDI) without particular difficulty. Part 2 aims to provide students with expertise in sustainability, corporate social responsibility, ESG assessment and sustainability reporting.

EXPECTED LEARNING OUTCOMES
At the end of the course, students will be able to:
- understand the rationale 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;
- understand the rationale behind ESG and corporate sustainability assessment;
- understand the logic behind the drafting of the sustainability report.

Part 1 focuses 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 organisational, administrative and accounting structures to maintain business continuity (4 hours).

Part 2 (20 hours) focuses on corporate social responsibility (CSR) (5 hours) and the related topics of sustainability (environmental, social, economic) and ESG (environmental, social and governance) assessment (5 hours). In particular, the main sustainability reporting standards issued and adopted at international level (GRI, ESRS) will be analysed in order to prepare the sustainability report, which has become mandatory for many Italian companies (10 hours).

See analytical programme published on the course e-learning page.

Convenzionale

The course includes 40 hours of face-to-face lectures, case discussions, numerical exemplifications, individual and/or group projects and corporate testimonials.
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. Company testimonies provide insight into how companies implement the principles and rules.

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.

Professors

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