Environmental accounting and management
A.A. 2023/2024
Obiettivi formativi
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.
Risultati apprendimento attesi
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.
- 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.
Periodo: Primo semestre
Modalità di valutazione: Esame
Giudizio di valutazione: voto verbalizzato in trentesimi
Corso singolo
Questo insegnamento può essere seguito come corso singolo.
Programma e organizzazione didattica
Edizione unica
Responsabile
Periodo
Primo semestre
Prerequisiti
no prerequisites
Modalità di verifica dell’apprendimento e criteri di valutazione
Accounting:
The exam consists of a written test.
In the written test will be assigned some exercises with a combination of open and multiple-choice questions, aimed at verifying the ability to understand problems. The duration of the written test is commensurate with the number and structure of the assigned exercises, but in any case will not exceed two hours.
There are mid-term tests and project works that replace the written test for the first exam session for attending students. The results of the written tests and the intermediate tests will be communicated on the SIFA through the UNIMIA portal and/or through the Ariel platform.
Management:
The exam consists of a written test.
There are mid-term tests that replace the oral examination for the first exam session for attending students. The results of the oral examination and the intermediate tests will be communicated on the SIFA through the UNIMIA portal and/or through the Ariel platform.
The exam consists of a written test.
In the written test will be assigned some exercises with a combination of open and multiple-choice questions, aimed at verifying the ability to understand problems. The duration of the written test is commensurate with the number and structure of the assigned exercises, but in any case will not exceed two hours.
There are mid-term tests and project works that replace the written test for the first exam session for attending students. The results of the written tests and the intermediate tests will be communicated on the SIFA through the UNIMIA portal and/or through the Ariel platform.
Management:
The exam consists of a written test.
There are mid-term tests that replace the oral examination for the first exam session for attending students. The results of the oral examination and the intermediate tests will be communicated on the SIFA through the UNIMIA portal and/or through the Ariel platform.
Accounting
Programma
Accounting:
The first part discusses 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 and economic performance of firms and companies. The Second part discusses the foundamentals of sustainability accounting also called non-financial reporting using mainly the Global Reporting Initiative (GRI) standards with the general purpose to understand the structure, the main components and indicators used to analise environmental, social and governance (ESG) performance of firms.
The first part discusses 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 and economic performance of firms and companies. The Second part discusses the foundamentals of sustainability accounting also called non-financial reporting using mainly the Global Reporting Initiative (GRI) standards with the general purpose to understand the structure, the main components and indicators used to analise environmental, social and governance (ESG) performance of firms.
Metodi didattici
The course will alternate different teaching techniques: lectures, seminars, case study analysis and tutoring of team work. Lessons may also include pre-recorded materials.
Materiale di riferimento
Accounting:
For attending students: Teaching and reading materials provided in class through lectures and case studies. For non-attending students: Teaching and reading materials provided in class (available on the Ariel platform in the teaching material section) and the reference book: Libby, Libby, and Hodge, Financial Accounting (11th edition), McGraw-Hill, Chapters: 1, 2, 3, 5, 12, 13.
For attending students: Teaching and reading materials provided in class through lectures and case studies. For non-attending students: Teaching and reading materials provided in class (available on the Ariel platform in the teaching material section) and the reference book: Libby, Libby, and Hodge, Financial Accounting (11th edition), McGraw-Hill, Chapters: 1, 2, 3, 5, 12, 13.
Environmental management
Programma
Management:
The following arguments will be analysed and discussed:
1. Life-cycle perspective: circular economy
2. Role of environmental regulation
3. Consumer perceptions on sustainability
4. Greenwashing
5. Corporate Social Responsibility, stakeholder engagement and shared value theory
6. Green Management
7. Supply chain management
8. Eco-innovation
9. Desinging and implementation of circular and sustainable business models
The following arguments will be analysed and discussed:
1. Life-cycle perspective: circular economy
2. Role of environmental regulation
3. Consumer perceptions on sustainability
4. Greenwashing
5. Corporate Social Responsibility, stakeholder engagement and shared value theory
6. Green Management
7. Supply chain management
8. Eco-innovation
9. Desinging and implementation of circular and sustainable business models
Metodi didattici
The course will alternate different teaching techniques: lectures, seminars, case study analysis and tutoring of team work. Lessons may also include pre-recorded materials.
Materiale di riferimento
Management:
For attending students: Teaching and reading materials provided in class through lectures and case studies. For non-attending students: Reference book "Strategic Management and the Circular Economy" Routledge 1s Edition.
For attending students: Teaching and reading materials provided in class through lectures and case studies. For non-attending students: Reference book "Strategic Management and the Circular Economy" Routledge 1s Edition.
Moduli o unità didattiche
Accounting
SECS-P/08 - ECONOMIA E GESTIONE DELLE IMPRESE - CFU: 6
Lezioni: 48 ore
Docente:
Orsi Luigi
Environmental management
SECS-P/08 - ECONOMIA E GESTIONE DELLE IMPRESE - CFU: 6
Esercitazioni: 16 ore
Lezioni: 40 ore
Lezioni: 40 ore
Docenti:
Bacenetti Jacopo, De Noni Ivan
Docente/i
Ricevimento:
Ogni mercoledì dalle 16.00 alle 17.00 previo appuntamento entro il venerdì precedente
MS TEAMS
Ricevimento:
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Dipartimento di Scienze e Politiche Ambientali, Via Celoria, 2 20133 MILANO (MI)
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