COSTS IN CORPORATE DECISION-MAKING
Learning outcomes of the course unit
The course approaches the basic issues relating to the structure and operation of accounting for business administration and management. In particular, aspects of accounting, classification, aggregation and analysis of the costs are treated and developed; the course studies also the performance of costs in relation to the different management issues.
Course contents summary
The course analyses features and elements of decision-making processes; the relevance of costs for company decisions: recurring and not-recurring decisions; investment decisions; decisions concerning the use of production capacity; financial accounting and cost accounting: nature and aim; the concept of cost and its possible applications; the core concepts of classification, variability and imputation of costs; the break-even analysis; the system of calculating of product cost: accounting for cost centers; the cost configurations; the cost accounting: from direct costing to full costing; the activity-based costing. The differential analysis and the variances analysis.
Recommended readings
Recommended reading
CINQUINI L., Strumenti per l’analisi dei costi – Fondamentali di Cost Accounting, Vol. 1, seconda edizione riveduta ed ampliata, Torino, Giappichelli, 2003.
MIOLO VITALI P. (a cura di), Strumenti per l’analisi dei costi – Percorsi di Cost Management, Vol. III, seconda edizione riveduta ed ampliata, Torino, Giappichelli, 2004.
Materiale didattico a cura del docente.
Added recommended reading
GARRISON R., NOREEN E., Programmazione e controllo (managerial accounting per le decisioni aziendali), Milano, Mc Graw-Hill, 2004.
MIOLO VITALI P. (a cura di), Strumenti per l’analisi dei costi – Approfondimenti di Cost Accounting, Vol. II, seconda edizione riveduta ed ampliata, Torino, Giappichelli, 2004.
FACCHINETTI I., Contabilità analitica, calcolo dei costi e decisioni aziendali: metodologie, soluzioni operative e casi, Milano, Il Sole 24 ore, 1997.
SELLERI L., Contabilità dei costi e contabilità analitica: determinazioni quantitative e controllo di gestione, 2a edizione aggiornata, Milano, Etas, 1999.
HORNGREN C. T., Contabilità per la direzione, Torino, Isedi, 1998.
FERRARIS FRANCESCHI R., Pianificazione e controllo, Volumi 1 e 2, Giappichelli, Torino, in corso di pubblicazione.
Teaching methods
The assessment is done through a written test that includes open-ended questions and exercises.
