82112 - Business Economics and Principles Of Accounting

Learning outcomes

The aim of the course is to provide students with the basics for understanding the dynamics of managerial issues relating to the management of the company, the accounting and the preparation of financial statements. At the end of the course the student will be able to know: - principles and logics of the business system, both as regards to profit and non-profit companies; - accounting rules of the main business operations, - structures, contents and frameworks of financial statements in accordance with the Italian Civil Code.

Course contents

1st Part - Theory (prof. Benedetta Siboni)

• Principles of Economics and Management of the organisations.
• Accounting bases and system. Income and asset and liabilities.
• Financial Accounting and Management Accounting.
• Accounting information System.

2nd Part - Introducing to Bookkeeping and Financial Report (prof. Federica Farneti)

• The bookkeeping through the double entry method.
• The rules of bookkeeping in relation to the main accounting transactions:
  -purchases,
  -sales,
  -debt financing,
  - equity financing,
  -wages and salaries,
  - adjustment entries, etc.
• Income determination and evaluation. Income statement and balance sheet, on the bases of the Italian Civil Code.

Readings/Bibliography

1st part- Theory

L. MARCHI, Introduzione all'economia aziendale. Il sistema delle operazioni e le condizioni di equilibrio aziendale, Giappichelli, Torino, last edition available.

G. FARNETI, Economia D'Azienda, FrancoAngeli, Milano, 2007 (chapters 1 and 2).

2st part- Introducing Bookkeeping and Financial report

G. SAVIOLI, M. BARTOLINI, Contabilita' d'impresa, Franco Angeli, Milano, last edition available.

Suggested for further exercitations: C. DEL SORDO, F. FARNETI, R.L. ORELLI, Introduzione alla contabilita' generale e al bilancio d'esercizio. Tecnica di rilevazione e casi, FrancoAngeli, Milano, 2010.

Teaching methods

Lectures assisted by blackboard and overhead projector; use of power point presentations.

Case studies, exercitations, papers will be available at Insegnamenti Online - IOL

Classes and exercitations are carried out in an interactive classroom, promoting the participation of students in order to facilitate the learning of the accounting technique

Assessment methods

Enrolment is required to take the exam. Students have to enrol via the platform Almaesami: https://almaesami.unibo.it/almaesami/studenti/ , where it is available rules and deadlines to enrol to each text.

Overall, the exam includes a written test designed to assess the achievement of learning objectives:
- Knowledge of the principles and logical operation of the business system, both in terms of the sphere of the for profit companies and non-profit organisations;
- Ability to record via bookkeeping the principal groups of business operations;
- Knowledge of the structure and content of the regulatory framework of the financial statements in accordance with the Italian Civil Code.

With regards to the 1st part of the course, students regularly attending classes have the possibility to produce a project work. Details will be given on the first day of the start of the I part of this course.

With regards to the 2nd part of the course, mid-term exams can be required. Details will be given on the first day of the start of the II part of this course.

Students can choose between two different way of assessment.

First method: Students give two texts. The first text will take place in November, and it will concern the topics taught on the first part of the course (theory). Students that gain a sufficient evaluation (from 18/30 to upper), are allowed to give a second text in January, that will concern the topics taught on the second part of the course (bookkeeping and financial report). If the second text is sufficient too, the Student have passed the exam, and the final evaluation will be determined by the average of the evaluation gained on the two texts.
Each texts will last for about1 hour.

If one of the two text is not sufficient the Student has to give the Second method for the assessment.

Second method: Students give a text comprising both the topics taught during the1st and 2nd module of the course. The text will take place in January (1st chance), in February (2nd chance), July (if required, 4th chance), and in September (3rd chance).
The text will last for about 2 hours.

Teaching tools

PPT presentations, discussion of case studies and exercitations in class. Please visit the Platform Studenti Online - IOL on a regular bases to check for new materials.

Office hours

See the website of Benedetta Siboni

See the website of Federica Farneti