Environmental accounting and management

A.Y. 2019/2020
Lesson for
12
Max ECTS
104
Overall hours
SSD
SECS-P/07 SECS-P/08
Language
English
Learning objectives
The first part discusses the fundamentals of cost analysis and cost accounting: (i) nature and purpose of cost accounting; (ii) cost classifications; (iii) cost-volume profit analysis; (iv) segment profit analysis.
The second part presents the fundamentals of financial accounting: (i) nature and purpose of financial accounting; (ii) basics of financial accounting, with specific respect to transaction analysis and to the preparation, use and interpretation of general-purpose financial statements; (iii) basic accounting terminology; (iv) analysis and interpretation of financial performance.
The objective of the course is to provide students with competence on designing and manging environmental strategies. The course is structured into three parts. In the first part students will learn how to design an environmental strategy. They will learn the difference between CSR and Shared Value Creation. They will learn how to analyse the environment as strategic component of the competitive context and specific competitive resources. Finally, they will learn how to design an environmental strategy to achieve a competitive advantage grounded on environmental issue. In the second part, the focus is on managerial issues. Therefore, students will learn how to green the value chain, design an environmental management system, and reporting environmental achievements. Finally, students, in the third part, will learn how to conduct and environmental assessment.
The main goal of this course is to let students achieve knowledge and skills in respect of cost accounting and cost analysis, financial statements and finally the evaluation of financial performance. These can be summarized as follows:
- Understanding the cost analysis and cost accounting.
- Understanding the accounting methodology related to the processes of data classification, gathering and recording.
- Correctly valuating principal financial statement items.
- Evaluating and interpreting financial reports in order to determine the company's performance.
- Evaluating and interpreting financial performance using financial ratios and flows.
At the end of the course students are expected to know how:
1. Conduct an environmental based analysis of the competitive context,
2. Conduct an analysis of the environmental resources and competencies shaping the competitiveness of firms;
3. Design an environmental strategy and business model;
4. Finance green projects;
5. Designing a green marketing strategy;
6. Design an environmental management system;
7. Reporting environmental achievements;
8. Conduct a Life Cycle Assessment.

Course structure and Syllabus

Active edition
Yes
Responsible
Accounting
SECS-P/07 - BUSINESS ADMINISTRATION AND ACCOUNTING STUDIES - University credits: 6
Lessons: 48 hours
Professor: Orsi Luigi
Environmental management
SECS-P/08 - MANAGEMENT - University credits: 6
Practicals: 16 hours
Lessons: 40 hours
Professors: Bacenetti Jacopo, Ganzaroli Andrea
Accounting
Syllabus
Modulus: Accounting The first part discusses the fundamentals of cost analysis and cost accounting: (i) nature and purpose of cost accounting; (ii) cost classifications; (iii) cost-volume profit analysis; (iv) segment profit analysis. The second part presents the fundamentals of financial accounting: (i) nature and purpose of financial accounting; (ii) basics of financial accounting, with specific respect to transaction analysis and to the preparation, use and interpretation of general-purpose financial statements; (iii) basic accounting terminology; (iv) analysis and interpretation of financial performance.
Lesson period
First semester
Lesson period
First semester
Assessment methods
Esame
Assessment result
voto verbalizzato in trentesimi
Professor(s)
Reception:
Until the end of november: wednesday from 10.30 am to 1 pm
DEMM - Room 20
Reception:
write an email to luigi.orsi@unimi.it for an appointment
via celoria 2, first building, first floor, room 19.