Business and Accounting

The course aims at providing the theoretical and methodological tools necessary to study business phenomena critically and understand the main accounting information contained in a financial statement (the budget). To this end, the concepts of business and institution will be initially examined, with particular reference to the companies, as well as the concept of economic activity. In particular, the main economic activities and processes that can be found in a company (economic combinations) and the choices that determine the governance of the enterprise (institutional structure) will be illustrated. In addition, the course will analyze the relationships between the company and the surrounding environment (strategic choices) using theoretical models. Secondly, this course aims at providing a methodology for understanding and analyzing the fundamental principles and concepts underlying a financial statement.

At the end of the course, students will be able to: i) understand and recognize the basic language of Business Administration and accounting; ii) acquire a unified vision of the structure and operation of companies, with particular attention to their economic and management aspects; iii) understand the main components of the structure of a financial statement and its informative value; iv) analyze, interpret, and solve the main managerial issues specific to companies; v) grasp business dynamics through the logical categories of Business Administration, in relation to management, detection, and organization operations.