This course aims to provide a thorough and systematic coverage of management and accounting theory and practice. The main issues concerns: the firm and its stakeholders, management accounting and control instruments, organisational behaviour and structures, financial accounting and reporting, cost accounting, planning and control.
Giunta F. (2008), “Economia aziendale”, Padova, Cedam (with the exception of Part IV).
Learning Objectives
The course aims to provide basic knowledge of business economics.
By the end of the course the student will be able to analyse a company, to understand and examine the financial and economic effects of management operations.
Prerequisites
No preliminary knowledge is necessary.
Teaching Methods
Lectures and business cases.
Type of Assessment
Written test with multiple-choice questions.
Course program
Firms, private and public companies, multi branch companies and corporate groups.
The economic environment, general and specific environment, competitive context, innovation and risk analysis.
Fundamental firm’s elements: working capital, financial capital, intellectual capital, business model.
Operations-based management.
Value-based management.
Business income: total income, annual income, income calculation, relationship between income and equity, different earning configurations.
Conditions for cost-revenue balance.
Cost accounting analysis and break-even analysis.