PROGRAMMAZIONE E CONTROLLO
- Overview
- Assessment methods
- Learning objectives
- Contents
- Full programme
- Delivery method
- Teaching methods
Basic skills in accounting and financial reporting
The attending mode envisages that the examination consists of two intermediate examinations, one mid-course and one at the end of the course (December 2022), or of a general examination, to be taken only in the first examination session (January-February 2023). The student who has submitted the written report (10 pages max. in power point) on the two case studies assigned by the lecturer will be considered as attending.
It’s a written exam and includes i exercises (65% of the overall assessment), and theory (open questions, 35% of the overall assessment).
Even for not attending students the exam is written and includes exercises and theory.
In order to pass the exam students have to consider all the material that will be shown analytically in the briefings for students . The briefings will be available at the beginning of the course. Oral supplements are not possible.
The teaching language is Italian.
The course Planning and control is offered to students with the aim to broaden the knowledge of financial accounting and to introduce the logic of management control.
The primary educational objective is to facilitate, through theoretical lessons, incident discussions and practical exercises, learning methodologies and logic design and the functioning of systems to measure costs and managerial control.
The main contents of the course can be traced back to these complementary areas of knowledge:
- Calculation of production costs at actual values
- Calculation of production costs at budget values
-Use of information to support planning and control proces
The program is ideally divided into two parts:
PART A-Cost accounting System
- Accounting methods and non-accounting for the calculation of production costs;
-Criteria for the classification of the different configurations of costs and product cost;
-Traditional methods of calculating the full cost of the product;
-Calculation of product costs in different types of processes
-Normalized cost vs. standard cost
-Determination of standard cost
-Variances analysis
Closing this first part will be a few sessions, included in the total number of hours of the course, to be devoted to the analysis and discussion of a case, which will be tackled autonomously by the students, with the obligation to draw up a short written report, not subject to assessment, but indispensable for admission to the 1st intermediate test.
PART B – Management control
-Operational decisions and investment decisions
-Variables cost accounting
-Segment analysis
-Operational decision-making
- Short term decision algorithms
- Capital Budgeting
-The budgeting: methodological, procedural and organizational aspects
-The financial reporting.
This second part will be concluded by a few sessions, included in the total number of hours of the course, to be devoted to the analysis and discussion of a case, which will be tackled independently by the students, with the obligation to draw up a brief written report, not subject to assessment, but indispensable for admission to the final examination (2nd intermediate examination).
Lectures exercises and case discussions