The Planning and Control course is offered to students with the aim of deepening and broadening their knowledge of accounting and non-accounting tools related to the financial measurement processes learned in the Financial Statement courses and introducing them to the logic of management control. In the first part, students will learn how to calculate production costs and how cost accounting works. In the second part, the main management planning and control tools will be presented. These will be explored in greater depth in the three-year degree programme, particularly in the optional Management Control course. The primary educational objective of the course is therefore to promote, through theoretical lessons, case discussions and practical exercises, the learning of the methodologies and logic of the design of cost measurement and management planning and control systems to support business decision-making processes.
Course Prerequisites
Basic skills in accounting and financial reporting
Teaching Methods
Lectures, exercises and case discussions
Assessment Methods
The “attending students” exam format involves taking two mid-term exams, one halfway through the course and one at the end of the course. The “non-attending” exam format involves taking a single general test. The mid-term tests and the general examination are in written form and include exercises and theory questions. The entire teaching material indicated in the course syllabus, which will be made available at the beginning of the course and published on e-learning, constitutes the examination material. There are no supplementary oral examinations.
Contents
The main contents of the course can be traced back to these complementary areas of knowledge: - Calculation of production costs at actual values - Calculation of production costs at estimated values - Use of information to support planning and control processes. - Introduction to management control system design
Course Language
Italian
More information
The text adopted for the exam in English is as follows: “Introduction to managerial accounting”, di Brewer Peter C. Garrison, Ray H. Noreen Eric W. - McGraw-Hill Education - Europe - 2023. The slides and any other teaching aids will be available to students on the site e-learning.
