78353 - Financial Accounting and Reporting in Tourism

Learning outcomes

This course aims to introduce students to accounting and prepare them to deal effectively with this subject in the international tourist sector. To that end, we will focus on International Financial Reporting Standards (IFRS) that are adopted by the European Union (EU), emphasizing the usefulness of Financial Reporting. At the end of the course students will be able to understand financial statements and the fact that these are the product of the financial accounting process. Finally students will be introduced to the concepts of Managerial Accounting.

Course contents

Learning Module I - Financial Accounting

Prof. Rebecca L. Orelli (course leader)

Measuring and reporting financial position

Measuring and reporting financial performance

Accounting for limited companies

Measuring and reporting cash flows

Learning Module II - Management Accounting

Prof. Epameinondas Katsikas

Analysing and interpreting financial statements

Relevant costs for decision making

Cost–volume–profit analysis

Full costing

Budgeting

Learning Module III - Exercizes

Class exercizes and cases on Financial and management accounting and reporting

Readings/Bibliography

Accounting and Finance: An Introduction with MyAccountingLab Access Card, 8/E Peter Atrill, Eddie McLaney
ISBN-10: 1292088370 • ISBN-13: 9781292088372

Module I - Chapters 1, 2, 3, 4, 5, 6
Module II - Chapters 7, 8, 9, 10, 11, 12 and 13

Teaching methods

Slides and cases

Assessment methods

Grading will be based on a combination of written exam and exercises by team.  The grading percentages are as follows:
- Written exam 60%
- Team exercizes 40%

In case of non-attending students, grading will be based only on the written exam.

Teaching tools

Slides and additional material
https://elearning-cds.unibo.it/course/view.php?id=11824

Office hours

See the website of Rebecca Levy Orelli

See the website of Epameinondas Katsikas

See the website of Beatrice Scappini