CORPORATE ECONOMICS
cod. 01979

Academic year 2016/17
2° year of course - Second semester
Professor
Academic discipline
Ingegneria economico-gestionale (ING-IND/35)
Field
Ingegneria gestionale
Type of training activity
Characterising
63 hours
of face-to-face activities
9 credits
hub: PARMA
course unit
in - - -

Learning objectives

The course offers a comprehensive overview on management issues in companies. It covers management issues in main functional areas of a company. Another main topic of this course is the quantitative analysis and the reporting of business activities. Therefore, appropriate systems and instruments of internal and external accounting and financial management are presented in general. Also, discounted cash flow techniques for investment appraisal are addressed.

Prerequisites

None

Course unit content

PART I: CORPORATE GOVERNANCE
Introduction to corporate governance: Basic concepts; Main forms of companies (SRL, SPA, etc.)
Introduction to business management: Introduction to the company and company structure; Marketing; Production; Logistics; Distribution; Finance; etc.

PART II: BALANCE SHEET AND INCOME STATEMENT
The balance: Financial accounting; Accounts documents (list of assets, financial state); Reading the statement of accounts
Analysis of accounts: Balance indicators (profitability, liquidity, solidity, efficiency)
PART III: COSTING
Cost classification systems: Variable/fixed costs; Product/Period costs; Direct/Indirect costs
Full costing: Cost allocation; Job costing; Process costing
Direct costing and Cost-Volume-Profit analysis: Direct costing; Cost-Volume-Profit analysis; Break-even point analysis for single-product organizations and for multi-product organizations

PART IV: CAPITAL BUDGETING
Basic concepts: Basic concepts of investment analysis
Cash flow and investment evaluation method: Discounted Cash Flow techniques; Net present value; Internal rate of Return; Profitabilty Index; Pay-Back period

Full programme

- - -

Bibliography

- Petroni A., "Fondamenti di Economia Aziendale - parte I: Il Bilancio di Esercizio", dispense in formato pdf scaricabili nella sezione "materiale didattico".

- Petroni A., "Fondamenti di Economia Aziendale - parte II: La Valutazione degli Investimenti", dispense in formato pdf scaricabili nella sezione "materiale didattico".

- Anthony, R.N., Hawkins, D.F., Macrì, D.M., Merchant, K.A., “Analisi dei costi", 2° ed. McGraw-Hill, per la parte III del programma.

Teaching methods

Laboratory activities The class will combine in-class explanation of the background material, problem-solving and case discussions Examination methods

Assessment methods and criteria

Two written tests and a facultative oral test. Written tests, covering the whole course program, include both theory questions and exercises.

Other information

- - -