CORPORATE ECONOMICS

CORPORATE ECONOMICS

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iten
Code
65998
ACADEMIC YEAR
2017/2018
CREDITS
6 credits during the 3nd year of 9921 INDUSTRIAL AND MANAGEMENT ENGINEERING (L-9) SAVONA
SCIENTIFIC DISCIPLINARY SECTOR
ING-IND/35
LANGUAGE
Italian
TEACHING LOCATION
SAVONA (INDUSTRIAL AND MANAGEMENT ENGINEERING)
semester
1° Semester
modules

AIMS AND CONTENT

LEARNING OUTCOMES

The course is made of three parts: general ledger, management accounting, investment appraisal.

GENERAL LEDGER: the student should learn how to translate daily organizational events (sales, purchases, credits, debts…) into appropriate budget items using double-entry bookkeeping, drawing up of the budget; the student will be able to make easy ratio analysis and leverage analysis on given balance sheets.

MANAGEMENT ACCOUNTING: the student will be able to make cost analysis according to the main accounting methods; the student will be able to set and provide a solution to easy short-term decision making problems (make or buy, marketing mix decision making, break even analysis).

INVESTMENT APPRAISAL: the student will learn to set and provide a solution to simple investment appraisal problems applying the main discounted cash flow methods both pre and post taxes.

Teaching methods

Lectures and practice

SYLLABUS/CONTENT

The course is made of three parts: general ledger, management accounting, investment appraisal.

GENERAL LEDGER: balance sheet main components: assets and liabilities, profit and loss account; double-entry accounting; reclassification of financial statements; ratio analysis; financial leverage

MANAGEMENT ACCOUNTING: cost analysis; full costing and direct costing; job order costing, process costing, activity based costing; make or buy, marketing mix decision making, break even analysis.

INVESTMENT APPRAISAL: discounted cash flow analysis: net present value; internal rate of return; payback time; pre-tax vs post-tax discount rate

RECOMMENDED READING/BIBLIOGRAPHY

Economia Aziendale - Modelli, misure, casi 3/ed Francesco Favotto, Saverio Bozzolan, Antonio Parbonetti, McGrawHill

Contabilità e bilancio 3/ed, Fabrizio Cerbioni, Lino Cinquini, Ugo Sòstero, McGrawHill

Analisi di bilancio. Strutture formali, indicatori e rendiconto finanziario, Ugo Sòstero, Pieremilio Ferrarese, Giuffrè ed.

Sistemi di controllo di gestione. Metodi, strumenti e applicazioni, Giovanni Azzone, ETAS

TEACHERS AND EXAM BOARD

Exam Board

SILVIA MASSA (President)

STEFANIA TESTA (President)

MARCO RABERTO

LESSONS

Teaching methods

Lectures and practice

ORARI

L'orario di tutti gli insegnamenti è consultabile su EasyAcademy.

Vedi anche:

CORPORATE ECONOMICS

EXAMS

Exam description

Written examination. Oral test optional. During lesson-time it will be possible to sit intermediate tests on each part of the course.

FURTHER INFORMATION

Pre-requisites :

None