37458 - Business Economy

Academic Year 2019/2020

  • Docente: Roberto Aprile
  • Credits: 6
  • SSD: SECS-P/07
  • Language: Italian
  • Teaching Mode: Traditional lectures
  • Campus: Bologna
  • Corso: First cycle degree programme (L) in Information Science for Management (cod. 8014)

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

Entity and companies: definitions and main aspects (5 hours)

Definitions within Economia Aziendale and within the Italian Law

Main classifications and their usefulness

The role of the information systems for the administrative tasks

Financial accounting: an introduction (20 hours)

Methodological introduction of accounting and bookkeeping

Double entry: purchase, sell, payment, collection

Double entry: loans

Double entry: services

Double entry: wages

Double entry: Amortizations and depreciations, gains and losses, straordinary events

Double entry: Accruals and defferals, inventories, other recognitions before closing the financial statements)

How to read financial statements (10 hours)

Introduction

Balance sheet and income statement

How to read the financial statements and main ratios

Managerial accounting (10 hours)

Direct costing

Break Even Point

Full costing

Some considerations about budgetting

Readings/Bibliography

The main aspect is to attend the classes and lectures.

Suggested readings (not compulsory)

To understand the main concepts of Business Economy:

- Francesco Giunta - Economia Aziendale - Cedam

To exercise on double entry bookkeeping:

- Contabilità e bilancio - Cerbioni, Cinquini, Sòstero - Mc Graw Hill

To understand how to collocate accounts within the financial statements:

- Italian Accounting standards: OIC 11 and 12

Suggested readings for understanding how to create a budget:

Bastia, Il Budget, Clueb

Teaching methods

Frontal lessons and lectures.

Assessment methods

Written assessment.

When possible, exams will be immediately corrected and students should meet the teacher in the same day to assess their results.  

Office hours

See the website of Roberto Aprile