At the end of the Planning and Control course, the student will be able to know and use the accounting and extra-accounting tools inherent in the economic measurement processes learned in the Financial Statements courses, and to apply the logic of management control. In the first part, the student will learn the methodologies for calculating production costs and the methods of operation of analytical accounting. In the second part, the student will analyze the tools of planning and management control. The latter aspects will be the subject of subsequent in-depth studies in the three-year degree (optional course Management Control) and in the specialist degree (Performance Measurement Systems). The primary educational objective is to promote, through theoretical framework lessons, discussions of small cases and practical exercises, the learning of the methodologies and logics of design and operation of cost measurement systems and economic-financial planning to support business management processes.
Course Prerequisites
Basic skills in accounting and financial reporting
Teaching Methods
Lectures exercises and case discussions
Assessment Methods
Two written midterm tests are scheduled (one at the end of October and the other at the end of the course), lasting one hour. If students fail or do not take the midterm tests, the written exam, lasting one hour, will be taken during the regular sessions. The test includes some theoretical questions (open reply) and some exercises.
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.
