28030 - Economics and Business Organization T

Course Unit Page


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

Affordable and clean energy Industry, innovation and infrastructure

Academic Year 2021/2022

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.


R.N. Anthony, D.F. Hawkins, D.M. Macrì, K.A. Merchant (2016) Il Bilancio. Analisi economiche per le decisioni e la comunicazione della performance (XV edizione), McGraw-Hill, Milano. (escluso capitolo 10)

R.N. Anthony, D.F. Hawkins, D.M. Macrì, K.A. (2016) Merchant, Sistemi di controllo di gestione: analisi economiche per le decisioni aziendali (XV edizione), McGraw-Hill, Milano. (capp. 1, 2, 3, 4, 14, 15, 16, 17)

Teaching methods

Lecture, 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.

Teaching tools

Cases' and exercises' solutions will be provided to students after the class.

Office hours

See the website of Matteo Mura