Business and Accounting
A.Y. 2019/2020
Learning objectives
The course aims to provide the theoretical and methodological tools necessary to critically observe business phenomena and to understand the main information contained in a financial statement. The topics dealt with will concern the concepts of company and economy, with particular attention to the company constituent features and the company lasting economic functionality. The main variables regarding the planning of the organizational structures, the structure of the financial statements (balance sheet, income statement, explanatory note) and the differences between the company balance sheet and the public budget will be also examined.
Expected learning outcomes
At the end of the course the student will be able to: understand and recognize the basic language of the business-economic analysis and the main components of the financial statements structure; acquire a unified view of the company structure and functioning, with particular attention to the economy of the company; understand the information value of the financial statements; learn how to analyze, interpret and solve the various management problems of companies; learn how to grasp the business dynamics thanks to the logical categories of the business economy, reguarding the operations of management, detection and organization; interpret the financial statement of a company in order to obtain information on the company itself.
Lesson period: First trimester
Assessment methods: Esame
Assessment result: voto verbalizzato in trentesimi
Single course
This course cannot be attended as a single course. Please check our list of single courses to find the ones available for enrolment.
Course syllabus and organization
Single session
Responsible
Lesson period
First trimester
Course syllabus
The course is divided into two parts. The first will provide an overview of business management. The aims of this part of the course are to:
· provide the notions of business and business economics;
· provide the basic notions and tools underlying the management of businesses;
· study economic performance as a way to meet the stakeholders' expectations;
· analyse a long-term economic equilibrium;
· study the basic business-oriented decisions;
· provide the basic method to design and manage business strategies and cooperations;
· describe the organisational structure of an enterprise;
· study the main methods to analyse the production systems of businesses;
The second will focus on accounting system. The aims of this part of the course are to:
· provide the fundamental notions of accounting intended as the languages of a business;
· analyse financial statements as a representation of economic performance;
· describe the structure of a balance sheet and of a financial statement (assets and liabilities, profit and loss account, notes);
· study the main items of a financial statements;
The second will focus on accounting system. The aims of this part of the course are to:
· provide the fundamental notions of accounting intended as the languages of a business;
· analyse financial statements as a representation of economic performance;
· describe the structure of a balance sheet and of a financial statement (assets and liabilities, profit and loss account, notes);
· study the main items of a financial statements;
· analyse the structure of the public budget and its principles.
· provide the notions of business and business economics;
· provide the basic notions and tools underlying the management of businesses;
· study economic performance as a way to meet the stakeholders' expectations;
· analyse a long-term economic equilibrium;
· study the basic business-oriented decisions;
· provide the basic method to design and manage business strategies and cooperations;
· describe the organisational structure of an enterprise;
· study the main methods to analyse the production systems of businesses;
The second will focus on accounting system. The aims of this part of the course are to:
· provide the fundamental notions of accounting intended as the languages of a business;
· analyse financial statements as a representation of economic performance;
· describe the structure of a balance sheet and of a financial statement (assets and liabilities, profit and loss account, notes);
· study the main items of a financial statements;
The second will focus on accounting system. The aims of this part of the course are to:
· provide the fundamental notions of accounting intended as the languages of a business;
· analyse financial statements as a representation of economic performance;
· describe the structure of a balance sheet and of a financial statement (assets and liabilities, profit and loss account, notes);
· study the main items of a financial statements;
· analyse the structure of the public budget and its principles.
Prerequisites for admission
As a first year course, there are no specific requirements other than those for the access to the degree programme.
Teaching methods
In accordance with the introductory character of the subject, the classes aim to apply the theoretical notions studied to specific management issues.
For this purpose, the frontal lessons will be complemented with:
- case studies and examples;
- firsthand experiences of operators involved in the management of companies and public administrations;
- examination of original documents (e.g. financial statements).
During the course there will be FORMATIVE ASSESSMENTS so that students will be able to test their preparation and understanding in a simulated exam (without grades) that will be corrected collectively.
For this purpose, the frontal lessons will be complemented with:
- case studies and examples;
- firsthand experiences of operators involved in the management of companies and public administrations;
- examination of original documents (e.g. financial statements).
During the course there will be FORMATIVE ASSESSMENTS so that students will be able to test their preparation and understanding in a simulated exam (without grades) that will be corrected collectively.
Teaching Resources
-G. AIROLDI, G. BRUNETTI, V. CODA, Corso di economia aziendale, Bologna, il Mulino, 2005 (all the book except chapters 6, 7, 18).
- Lombardi Stochetti G.(2017) Basic Financial Accounting. Guerini NEXT
All the book except the paragraphs:
1.8; 1.9
da 3.3 a 3.6
5.2.4; 5.2.5; 5.4; 5.5.1
6.2; 6.3
7.3; 7.4
8.2.3; 8.2.4; da 8.3 a 8.6
9.7
da 10.1 a10.4
11.1; 11.4
15.1
da 16.1 a 16.4
Attention: with reference to the first part of the text «Accounting reports and construction of the financial statements» knowledge of the report is not required, a journal and ledger, while knowledge and understanding of the nature of the accounts, costs and revenues are required ) and the impact of the main corporate events on the summary statements (Income statement and Balance Sheet).
- Lombardi Stochetti G.(2017) Basic Financial Accounting. Guerini NEXT
All the book except the paragraphs:
1.8; 1.9
da 3.3 a 3.6
5.2.4; 5.2.5; 5.4; 5.5.1
6.2; 6.3
7.3; 7.4
8.2.3; 8.2.4; da 8.3 a 8.6
9.7
da 10.1 a10.4
11.1; 11.4
15.1
da 16.1 a 16.4
Attention: with reference to the first part of the text «Accounting reports and construction of the financial statements» knowledge of the report is not required, a journal and ledger, while knowledge and understanding of the nature of the accounts, costs and revenues are required ) and the impact of the main corporate events on the summary statements (Income statement and Balance Sheet).
Assessment methods and Criteria
The exam can only be attempted as an attending student in the first examination session (December and January). The oral test will focus on the subjects dealt with in class and will be preceded by a preliminary written test aimed at ascertaining the minimum achievement of the knowledge and understanding objectives, in particular in relation to financial statements.
The oral test, in particular, will aim to:
- ascertain the achievement of the objectives in terms of knowledge and comprehension;
- ascertain the ability to apply knowledge and understanding;
- verify the student's autonomy of judgment also through the analysis of business cases discussed during the course;
- ascertain the mastery of the specific terminology concerning the economic functioning of companies and the ability to present arguments in a clear and orderly manner.
For non attending students the exam consists in a written test as follows:
- up to three (open) questions will be administered to ascertain the achievement of the objectives in terms of knowledge and comprehension;
- one or more questions will evaluate applied knowledge and comprehension skills (e.g. reading a financial statement or analysing a management situation); this question also allows students to verify their ability to make autonomous judgements.
The exam also aims to understand written communication skills, especially in relation to the use of specific terminology related to business economics.
The oral test, in particular, will aim to:
- ascertain the achievement of the objectives in terms of knowledge and comprehension;
- ascertain the ability to apply knowledge and understanding;
- verify the student's autonomy of judgment also through the analysis of business cases discussed during the course;
- ascertain the mastery of the specific terminology concerning the economic functioning of companies and the ability to present arguments in a clear and orderly manner.
For non attending students the exam consists in a written test as follows:
- up to three (open) questions will be administered to ascertain the achievement of the objectives in terms of knowledge and comprehension;
- one or more questions will evaluate applied knowledge and comprehension skills (e.g. reading a financial statement or analysing a management situation); this question also allows students to verify their ability to make autonomous judgements.
The exam also aims to understand written communication skills, especially in relation to the use of specific terminology related to business economics.
Unita' didattica 1
SECS-P/07 - BUSINESS ADMINISTRATION AND ACCOUNTING STUDIES - University credits: 6
Lessons: 40 hours
Professor:
Luoni Laura
Shifts:
-
Professor:
Luoni Laura
Unita' didattica 2
SECS-P/07 - BUSINESS ADMINISTRATION AND ACCOUNTING STUDIES - University credits: 3
Lessons: 20 hours
Professor:
Turri Matteo
Shifts:
-
Professor:
Turri MatteoProfessor(s)