Learning objectives
The objective of the course is to teach the basic themes relative to the structure and functioning of accounting systems for managerial decisions. Special emphasis will be given to issues regarding the identification, classification, accounting and analysis of costs and their trends with reference to a range of management questions.
Prerequisites
No
Course unit content
Management control system a summary. General accounting and analytical accounting: characteristics and purposes. Concept of cost and potential applications. In-depth study of basic concepts: classification, variability and allocation of costs. Cost-volume-results analysis. Product cost calculation methods: bookkeeping by cost centre. Cost configurations. Accounting methods for gathering cost data: from direct costing to full costing. Cost calculation starting from corporate “activity”: activity based costing. Differential analysis and analysis of the variance.
Full programme
Objective.
The course will cover basic themes regarding the structure and functioning of corporate accounting systems. Special emphasis will be given issues regarding the gathering, classification, accounting and analysis of costs and their trends in reference to a range of management questions.
Contents.
Management control system a summary. General accounting and analytical accounting: characteristics and purposes. Concept of cost and potential applications. In-depth study of basic concepts: classification, variability and allocation of costs. Cost-volume-results analysis. Product cost calculation methods: bookkeeping by cost centre. Cost configurations. Accounting methods for gathering cost data: from direct costing to full costing. Cost calculation starting from corporate “activity”: activity based costing. Differential analysis and analysis of the variance.
Exam texts.
CINQUINI L., Strumenti per l’analisi dei costi – Fondamenti di Cost Accounting, Vol. 1, seconda edizione riveduta ed ampliata, Torino, Giappichelli, 2008.
Bibliography
CINQUINI L., Strumenti per l’analisi dei costi – Fondamenti di Cost Accounting, Vol. 1, seconda edizione riveduta ed ampliata, Torino, Giappichelli, 2008.
Teaching methods
Lectures and tutorials
Assessment methods and criteria
Written exam
Other information
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