47736 - Accounting

Academic Year 2020/2021

  • Docente: Paolo Ferri
  • Credits: 9
  • SSD: SECS-P/07
  • Language: English
  • Teaching Mode: Traditional lectures
  • Campus: Bologna
  • Corso: First cycle degree programme (L) in Business and Economics (cod. 8965)

Learning outcomes

At the end of the course students are able to manage and interpret accounting processes, balance sheets, accounting principles with a specific focus to European and international norms and principles.

Course contents

The course comprises two modules: 1) Financial accounting (February-March), 2) Management accounting (April-May).

1) Financial accounting

  • Class 1: Accounting in action 1/2
  • Class 2: Accounting in action 2/2
  • Class 3: Company finance; The recording process
  • Class 4: Adjusting the accounts
  • Class 5: In class exercises
  • Class 6: Completing the accounting cycle
  • Class 7: Accounting for Merchandising Operations
  • Class 8: Inventories
  • Class 9: Statement of cash flows
  • Class 10: Mock exam

2) Management accounting

  • Class 1: Introduction to Module 2 and costs basics
  • Class 2: Costs behaviour and cost-volume-profit relationship
  • Class 3: Absorption costing
  • Class 4: Short-term decision making
  • Class 5:In class exercises
  • Class 6: Pricing
  • Class 7: Budgeting
  • Class 8: Variance analysis
  • Class 9: Capital budget
  • Class 10: Mock exam

Readings/Bibliography

Financial accounting

  • Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso, Financial Accounting: IFRS edition, 3rd edition, Hoboken, NJ: Wiley, 2015, ISBN: 978-1-118-97808-5. Chapters 1, 2, 3, 4, 5, 6, 13

Management accounting

  • Bhimani A, Horngren CT, Datar SM and Rajan MV (2008), Management and cost accounting, 4th edition, FT/Prentice Hall (Ch. 2, 8, 12, 14, 15).
  • Carey M, Knowles C and Towers-Clark J (2011), Accounting - A Smart Approach, Oxford University Press (Ch. 11; 14)

Teaching methods

Lectures and in class interactive exercises

Assessment methods

Assessment methods will be presented in class 

Office hours

See the website of Paolo Ferri