84148 - Managerial Accounting and Reporting in Sustainable Tourism

Learning outcomes

At the end of the course, the student knows the recent developments of accounting theory and the theory of the firm in sustainable tourism. The student is able to i) apply the management reporting systems and the proper tools of general accountancy for sustainable tourism systems, ii) define the economic, financial, social, environmental and sustainable aspects of the business transactions and iii) translate them into the accounting system. More specifically, the student is able to evaluate the systems of social and environmental accounting and reporting that are developed for sustainable tourist enterprises.

Course contents

The course id divided in two terms:

1)1ST TERM: Managerial Accounting and reporting

in tourism entities (30 h.)

Period: Sept- Oct.

TIMETABLE (forthcoming)

2)2nd TERM: Social and Environmental accounting

and reporting for sustainable tourism (30 h.)

Period: From Nov. to Dec.

 

PROGRAM OF THE COURSE

The course will start On SEPT 2017.

The course has the objective to know performance measurement instruments of enterprise, that are essential for decision making processes involving economic, financial, social and environmental issues.

Program

1)1st TERM: Managerial Accounting and reporting

in tourism entities (30 h.)

 - Management control of the tourism enterprise that passes from profit maximisation objective to more objectives: economic, financial, social, environmental and ethical ones.

- Decision making process of the tourism enterprise that operates in the global markets and instruments to support it.

-Management accounting tools for strategic management and operational management of tourism enterprises.

 

Bibliography:

Raymond S. Schmidgall, Hospitality Industry managerial accounting. 7th ed, 2010 (Ch. 1(the first 10 pages), Ch.2, Ch.3, Ch.5,Ch.6,Ch.7(until pag.335), Ch.10 (until pag. 477) 

2)2nd TERM: Social and Environmental accounting

and reporting for sustainable tourism (30 h.)

New Challenges for the enterprise in the age of “sustainable modernity”. Eco-entrepreneurship.The scheme of analysis of enterprises involving sustainability changing.

Environmental accounting: conceptual framework

Measurement and Communication of Environmental variable

Environmental accountability: an overview of meaning and models

Toward the future perspectives of integrate measurement and communication. The IIRC vision of Integrated Reporting.Integrated reporting for SME. Material Cost Flow Accounting.

Some tools and standards for reporting: GRI standard presentation and Eco managment and audit sсheme (EMAS)

Readings/Bibliography

Raymond S. Schmidgall, Hospitality Industry managerial accounting. 7th ed, 2010 (Ch. 1(the first 10 pages), Ch.2, Ch.3, Ch.5,Ch.6,Ch.7(until pag.335), Ch.10 (until pag. 477)

Baldarelli M.G., Del Baldo M. Nesheva N, Environmental Accounting and Reporting: theory and practice, Springer , 2017 (Ch. 1, 2, 3, 4, 5.2; 8)

Workshops 

Teaching notes on the web-site

GRI- on the website: https://www.globalreporting.org [https://www.globalreporting.org/]

Brundtland Report on the website: www.un-documents.net/wced-ocf.htm

Teaching methods

Frontal lectures, case analysis, workshops, company visit

Assessment methods

The exam is composed of a written test (95% of the final mark).

Discussion of problems during class (5% of the final mark).

The exam has to be completed in the same date. It is not possible to bring books, personal notes or electronic devices in the exam. Registration for the exam is compulsory, and students have to register through AlmaEsami according to the general rules of the School of Economics, Management and Statistics.

The exam involves two intermediates exams.

For the 1ST TERM EXAM (48% of the final mark) is scheduled on November ( at the end of the first part);

For the 2ND TERM exam will be at the end of the course.

Both of them will be written exams.

1ST TERM EXAM (writteN exam) is composed by 2 or 3 open questions and 2/3 exercices and 1 hour long.

the 2ND TERM exam is composed of 2 or 3 open questions about social , environmental and sustainability accounting and reporting and one teaching case to analyse. The exam is 1h long.

The mark is out of 30 points, and the minimum required to pass each intermediate exam is 18 / 30.

Teaching tools

Slides, video, paper, problem solving using web sites.

Links to further information

https://iol.unibo.it/course/view.php?id=22848

Office hours

See the website of Maria-Gabriella Baldarelli