37458 - Business Economy

Course Unit Page


This teaching activity contributes to the achievement of the Sustainable Development Goals of the UN 2030 Agenda.

Decent work and economic growth Industry, innovation and infrastructure Partnerships for the goals

Academic Year 2021/2022

Learning outcomes

At the end of the course the student has the essential tools for understanding the structure and functioning of firms, to analyze economic and financial consequences of business decisions and interpret the information system comprising the financial statements. Students learn the criteria for the analysis of recurring decisions such as the choice of the selling price of a product, the levels of production capacity and choices for the internalization or externalization of production activities.

Course contents

Company and its context

  • Stakeholders
  • The enterprise and its environment
  • Administrative Area’s functions
  • Organisational structure and operating systems

Accounting records

  • Purpose of the accounting records
  • IT for accounting records
  • Logic and purpose of Income Statement and Balance Sheet
  • General accounting and double-entry method
  • Periodic accounting records
  • Accruals and deferrals and other recognitions before the closing of the Financial Statement
  • Training exercises

From the settlement records to the Financial Statement

  • Documents constituting the Balance Sheet
  • Structure of the Balance Sheet
  • Structure of the Income Statement
  • Statement of Cash flows: overview
  • IT aspects
  • Training exercises

Financial Statement Analysis

  • Purpose of the Financial Statement Analysis
  • Analysis of Balance Sheet and Income Statement
  • Financial ratios
  • IT aspects
  • Training exercises

Management Control

  • Purpose of the Management control
  • Contribution Margin
  • Break-even point
  • Pricing
  • Training exercises


  • The main aspect is to attend the classes and lectures.
  • Documents given by the Teacher.
  • Principi contabili OIC 11 e 12.

Teaching methods

Frontal lessons and lectures.

Assessment methods

Written assessment:

  • open and/or closed questions (10 points)
  • accounting exercises (10 points)
  • exercises relating to Financial Statements and/or Financial Statement Analysis and/or Management control (10 points)
  • optional exercise on the program (3 points)

Office hours

See the website of Cristina Aprile