- Docente: Paolo Barbieri
- Credits: 6
- SSD: ING-IND/35
- Language: Italian
- Teaching Mode: Traditional lectures
- Campus: Bologna
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Corso:
First cycle degree programme (L) in
Electronics and Telecommunications Engineering (cod. 9065)
Also valid for First cycle degree programme (L) in Polymeric Composite (cod. 5941)
First cycle degree programme (L) in Automation Engineering (cod. 9217)
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from Sep 16, 2024 to Dec 18, 2024
Learning outcomes
- To understand company's balance sheet and income statement
- Cost accounting
- Capital budgeting analysis
Course contents
Module 1
Financial Accounting
- Basic accounting concepts, techniques and company’s annual report
- Balance sheet, income and financial statements
- Commercial transactions: definition and their impact on company’s financial statements
- The profit and loss account
- Different structures and uses of balance sheet and profit and loss account.
Module 2
Management Accounting
- Introduction to strategic cost management.
- Different costs for different decisions: Variable costs, fixed costs, break-even point, contribution margin.
- Direct costs, indirect costs and allocation problems.
- Techniques for determining the full cost of products and services.
- Short term decisions: Differential costs and revenues; full costs Vs differential costs; sunk costs
Module 3
Principles of capital budgeting
- The concept of investment and different kinds of investments
- Capitalization and discounting back: Elements of mathematical finance.
- Determining the financial value of an investment: the Net Present Value technique.
- Other techniques to evaluate investments: the Internal Rate of Return, the Pay-back , the Average Accounting Profit.
Readings/Bibliography
R.N. Anthony, D.F. Hawkins, D.M. Macrì, K.A. Merchant - Il Bilancio. Analisi economiche per le decisioni e la comunicazione della performance (XV ed.), McGraw-Hill, Milano. (Chapters 1,2,3,4 (only 4.1 and 4.2),5,6 (except 6.1.3, 6.2.5, 6.2.6, 6.3.5),7,8 (except 8.7, 8.8.2, 8.8.3, 8.12.4),9 (except 9.1.2, 9.2.3, and sections "Stock split" and "Options and stock options from par. 9.2.6) and paragraphs 11.1,11.2.1,11.3 of Chapter 11)
R.N. Anthony, D.F. Hawkins, D.M. Macrì, K.A. - Merchant, Sistemi di controllo di gestione: analisi economiche per le decisioni aziendali (XV ed.), McGraw-Hill, Milano. (Chapters 1, 2, 3, 4 (except 4.1.5, 4.2.3, 4.3.4), 5 (only par. 5.2, 5.3 except 5.3.7), 14 (except par. 14.2, 14.5.3, 14.5.5), 15 (except par. 15.2.9, 15.2.10, 15.2.11), 16 (except pages 433-434), 17 (only par. 17.1.1, 17.1.2)
Teaching methods
Lectures, cases and exercises.
Assessment methods
Written examination will be held at the end of course. The written examination encompasses one or more cases and some multiple choices covering the entire program.
Exam dates will be fixed according to the faculty calendar and they will be communicated to students through the Almaesami service (www.almaesami.unibo.it ). Registration for participating to the written exam can be finalized exclusively through Almaesami.
Official registration of the marks must be done within the end of the Session. Participation to a new exam automatically calls off any mark (even positive mark) acquired in a previous exam.
Teaching tools
Cases' and exercises' solutions will be provided to students after the class.
Office hours
See the website of Paolo Barbieri
SDGs
This teaching activity contributes to the achievement of the Sustainable Development Goals of the UN 2030 Agenda.