37995 - Crash Course in Financial and Management Accounting

Learning outcomes

- To develop a general understanding of the accounting information.

- To learn how the accounting information can be used to make economic decisions and informed judgment

- to develop a general understanding of costs behaviour for planning, controlling and decision making processes

The teaching language is ENGLISH

Course contents

Schedule

1.     Wed. 2 oct -  h. 13-16

2.     Thurs. 3 oct – h. 13-16

3.     Thurs. 10 oct -  h. 13-16

4.     Fri. 11 oct – h. 13-16

5.     Wed. 16 oct – h. 16-19

6.     Thurs. 17 oct -  h. 13-16

7.     Fri. 18 oct – h 13 -16

8.     Thurs. 24 oct – h. 13-16

9.     Fri.25 – h. 13-16

10. Thurs. 7  nov . – h. 13-16

 

Course contents

Class One

Introduction, Syllabus and Schedule

Accounting, financial accounting

Chapter 1

 

Class Two

Financial statements: Balance sheet, income statement, statement of changes in owners' equity, statement of cash flows - Exercises

Chapter 2

 

Class Three

From transactions to financial statements: The bookkeeping process and transaction analysis - Exercises

Chapter 4

 

Class Four

From transactions to financial statements: the ending adjustments

Chapter 4 (continues)

 

Class Five

 Financial statement analysis

Chapter 3,
Chapter 11: pp 408-415 + 419-426

 

Class Six

Managerial accounting and cost-volume-profit relationships

Chapter 12

 

Class seven

Cost-volume-profit relationships (continues) and cost accounting

Chapter 12 (continues), chapter 13 (pp.490-503)

 

Class eight

Relevant costs for decision making purposes

Chapter 16 (pp. 616 - 630)

  

Class nine

 Cost analysis for planning

Chapter 14 (pp. 534 – 551)

 

Class ten

Exam

Readings/Bibliography

Marshall, McManus, Viele. Accounting. What numbers mean. McGrawHill [8th edition or previous editions]

Teaching methods

- lessons

- exercises

Assessment methods

written exam - 2 hours

10 multiple choice questions + 2 short exercises

Evaluation: pass/fail (no mark) NB: for the students who will not pass the exam, the exam of “New Public Management” will include an additional part assessing the students preparation in Financial and management accounting

Teaching tools

- ppt presentations

Office hours

See the website of Sara Bonini Baraldi