B1748 - MANAGERIAL ACCOUNTING AND REPORTING IN TOURISM

Conoscenze e abilità da conseguire

At the end of the course, the student knows the processes through which information is provided to managers for better decision making, and is able to identify, analyze, and interpret both financial and non-financial metrics describing company performance. The student is also able to apply proper tools for measuring costs, expenses, revenues as well as environmental and social performance.

Contenuti

The key themes of the course are the following:

1. Introduction to the world of accounting focusing on the following topics: differences between financial accounting and managerial accounting;bookkeeping and the accounting equation; accounting principles

2. Financial statements (structure, interpretation and analysis) as management control tool

3. Cost classification, cost-volume-profit analysis and marginal costing

4. Managing non financial aspects and their disclosure

Testi/Bibliografia

Study material includes ppt slides, exercices and the following book chapters. All materials will be uploaded on VIRTUALE and made available to students online.

Hospitality Financial Accounting, by Jerry J. Weygandt, Donald E. Kieso, Paul D. Kimmel, Agnes L. DeFranco, WILEY, chapter 1-Hospitality accounting in action; chapter 2- Accounting principles; chapter 6- Financial statements; chapter 7- Financial Statement Analysis

Costs and management accounting, chapter 1- Nature and Scope of Cost and Management Accounting; chapter 2- Cost Concepts and Classifications; chapter 10- Marginal Costing and Cost-Volume-Profit Analysis

Metodi didattici

-FRONTAL LECTURES

-PROBLEM SOLVING AND EXERCICES DURING CLASS TIME

-WORKHOP on REPORTING

-SEMINARS

Modalità di verifica e valutazione dell'apprendimento

 

The final grade is base  on a written exam made by multiple choice questions, open questions and exercises. No oral exams.

In addition, students are invited to join a workshop that lasts 3 hours and is organized as an in class game that will be played during the course (end October 2023). The workshop will give up to two extra points to participant students.

The written exam will take place in presence at Rimini Campus. Students have to enrol to the exam through Almaesami (this is compulsory). Students might be organized in shifts on the day of the exam, if their number exceed a certain threshold.

 

The evaluation process will consider:

<18 insufficient

18-23 sufficient

24-27 good

28-30 excellent

30 and excellent praise

Strumenti a supporto della didattica

Computer and equipment for Power point slides, Videos, teaching Cases

Orario di ricevimento

Consulta il sito web di Selena Aureli