84148 - Managerial Accounting and Reporting in Sustainable Tourism

Learning outcomes

At the end of the course, the student knows the recent developments of accounting theory and the theory of the firm in sustainable tourism. The student is able to i) apply the management reporting systems and the proper tools of general accountancy for sustainable tourism systems, ii) define the economic, financial, social, environmental and sustainable aspects of the business transactions and iii) translate them into the accounting system. More specifically, the student is able to evaluate the systems of social and environmental accounting and reporting that are developed for sustainable tourist enterprises.

Course contents

he course is divided in two modules:

1st Module: Managerial Accounting and reporting in tourism entities (30h)

1.1 Introduction to the world of accounting focusing on the following topics: financial accounting vs managerial accounting; stakeholders; bookkeeping and accounting equation; classification of organisations based on goals and legal aspects; accounting principles

1.2. Financial statements: their structure, interpretation and analysis as management control tool

1.3. Managerial accounting: cost classification, cost-volume-profit analysis and marginal costing

1.4. Business reporting: disclosure of financial and non-financial information to stakeholders

 

2nd Module: Social, Environmental accounting and reporting for sustainable tourism (30 h.)

Emerging threats and opportunities for the enterprise in the era of sustainable modernity and some orientations to reply to sustainable modernity.

Emergence of Environmental Accounting and Reporting Environmental accounting and social accounting relationships.

Measurement and Communication of Environmental variable.

Environmental contribution Margin

Environmental Budget

Social, environmental and sustainable reporting models: GRI and Integrated Reporting

Case-studies and best practices

Readings/Bibliography

Readings/Bibliography

1st Module -Readings/Bibliography

Hospitality Financial Accounting, by Jerry J. Weygandt, Donald E. Kieso, Paul D. Kimmel, Agnes L. DeFranco, WILEY, chapter 1-Hospitality accounting in action; chapter 2- Accounting principles; chapter 6- Financial statements; chapter 7- Financial Statement Analysis

Costs and management accounting, chapter 1- Nature and Scope of Cost and Management Accounting; chapter 2- Cost Concepts and Classifications; chapter 10- Marginal Costing and Cost-Volume-Profit Analysis

2nd module-Readings/Bibliography

Baldarelli, Maria-Gabriella, Del Baldo, Mara, Nesheva-Kiosseva, Ninel (2017), Environmental Accounting and Reporting.Theory and Practice, http://www.springer.com. (Ch: 1.1, 1.5; 2, 3; 4.1;4.2;4.3;4.4; 4.7; 5.2, 8)

Teaching methods

Teaching methods

-FRONTAL LECTURES

-PROBLEM SOLVING AND CASE ANALYSIS DURING CLASS TIME

-WORKHOP

-SEMINARS

Assessment methods

For the 1st Module “Managerial Accounting and reporting in tourism entities”, students are assessed based on:

• a written exam made by multiple choice questions, open questions and exercises (80% of the total grade) and
• the participation to a in class game that will be played during the course (20% of the total grade)

The written exam will take place in presence at Rimini Campus. Students have to enrol to the exam through Almaesami (this is compulsory). Students might be organized in shifts on the day of the exam, if their number exceed a certain threshold.

The exam of module 2 will take place in presence. It is a written exam. The text of the exam consist of: 2 open questions, 2 problems and 1 case analysis (1 h). Students are required to come with PC and download the text from the web site and follow the guidelines:

1) download the assignment, you are required to connect to the site: https://eol.unibo.it/ . Please enter and download THE ASSIGNMENT CORRESPONDING TO THE APPEAL

2) It is advisable NOT TO CLOSE THE WINDOW IN WHICH THE TASK WAS DOWNLOADED, because THE DELIVERY can be either ONLINE or with a pdf file.

3) It is advisable to carry out the task directly online, saving periodically

4) Once the task is finished, please tick the button and submit it if possible in pdf and it loads.

5) IF IT IS NOT POSSIBLE TO DELIVER THE PDF, PLEASE FOLLOW THE ONLINE DELIVERY PROCEDURE: COPYING THE ENTIRE TEST WITH THE SOLUTION INSIDE THE WINDOW.

6) DELIVERY IN PDF: PRINT THE TASK IN PDF AND UPLOAD IT ON THE WEBSITE FOLLOWING THE INSTRUCTIONS:

• solved the exam, save the file in PDF giving the file name: SURNAME_NAME.PDF

• click on DELIVER EXAM at the bottom of the screen from which the exam text was downloaded

drag the PDF file into the "exam delivery" box with the ARROW (simpler method) or click on file piker (1st icon representing a sheet at the top left of the file delivery section) and select FILE Upload >>> Choose file

• Save changes (blue button at the bottom)

• Task delivery

• further delivery confirmation

Students have to enrol to the exam through Almaesami.

The evaluation process will consider:

<18 insufficient

• • 18-23 sufficient

• • 24-27 good

• • 28-30 excellent

• • 30 and excellent praise

power point group presentations, during 2nd Module lectures, will be considered for the final evaluation of the 2nd module.

Teaching tools

Computer and equipment for Power point slides, Videos, teaching Cases

Office hours

See the website of Maria-Gabriella Baldarelli

See the website of Selena Aureli