The course aims to develop the knowledge about logics and tools for the evaluation of the companies' performance. After positioning the main tools of management control theorized by doctrine and practitioners, the course analyses in depth cost accounting and budget systems by highlighting data and information useful for managerial decisions.
Arcari A.M. (2014), Programmazione e controllo, II Edition, McGraw-Hill Education, Milano, with the exclusion of chapters 3, 4, 6 e 9 and of paragraphs 5.4, 11.3.1, 11.3.2, 11.3.3, 11.6, 11.6.1, 11.6.2 and 11.6.3.
Sistemi Manageriali di Programmazione e Controllo - L Brusa Ed. Giuffrè - Second Edition
Chapters 1,2,3,4,6.
Learning Objectives - Last names A-L
Knowledges: The course aims to explain the fundamentals of programming and control system, the main tools for management control. In particular, the course aims to highlight cost accounting and budgeting system.
Skills: by the end of the course the student will be able to evaluate the financial, economic and patrimonial trends using the main programming and management control tools.
Learning Objectives - Last names M-Z
To get knowledge and competences in order to be able to analyse and calculate product costs and to define sell prices and product margins.
To get knowledge and competences in order to be able to draw up a budget.
Prerequisites - Last names A-L
“Business Economics” is a necessary knowledge, for previous years is “Business Economics I”.
Teaching Methods - Last names A-L
This is a taught course based on face-to-face learning and exercises.
Teaching Methods - Last names M-Z
video lessons and on line tests (for the theoretical concepts) to be viewed and done before classroom excercises
Further information - Last names M-Z
Students with 9 or 12 credits must study also chapter 5.
Type of Assessment - Last names A-L
The final examination is based on a written exam and, if eventually, an oral test.
Type of Assessment - Last names M-Z
Written exame
Course program - Last names A-L
- The programming and control system and the auditing role.
- The cost management system
- The full cost product measurement
- The cost budgeting
- The direct and variable cost measurement, the operative risk
- Costs and data for budgeting system
- The budgeting system
- Organization and budgetary control
- The reporting system
Course program - Last names M-Z
- Classification of costs;
- Product cost calculation
- BEP Analysis
- Cost analysis for economic decisions
- Commercial Budget
- Production Budget
- General expensed and investments budget
- Cash budget
- Gap analysis
- Responsability Centres