BUSINESS ADMINISTRATION II
Learning outcomes of the course unit
The course will examine issues pertaining to corporate accounting, with special emphasis on balance sheet analysis, analytical accounting and the budget as a planning and control tool. The analysis perspective, including comparative, between non-profit and for-profit companies.
Course contents summary
Balance sheet analysis.
Reclassification of the Statement of Assets and Liabilities. Reclassification of the Profit and Loss Account. Analysis of the asset and liability structure: Indices of composition of sources and uses. Analysis of source-use correlation: Asset and liability correlation indices. Profitability analysis.
General accounting and analytical accounting. Concept of cost and potential applications. In-depth study of basic concepts: classification, variability and allocation of costs. Cost configurations. Product cost calculation methods: bookkeeping by cost centre.
The budget planning and control tool. Characteristics, functions. Corporate budget system.
Cinquini L., Strumenti per l’analisi dei costi ? Fondamentali di Cost Accounting, Vol. 1, Seconda edizione riveduta ed ampliata, Torino, Giappichel li, 2003.
Selleri L., Il budget d?esercizio. Strumento di programmazione, controllo e motivazione, Milano, EtasLibri, 1997.
Course materials provided by the lecturer.