MANAGEMENT CONTROL

Single discipline educational activity

Course Sheet

Academic Year of enrolment:

2017/2018

Type of Course:

Characterising

Optional/Mandatory:

Compulsory

Degree:

Bachelor's Degree Programme in ECONOMICS AND MANAGEMENT

Disciplinary Sector:

Business Administration

Language:

Italian

Credits:

Programme Year:

Professor and Collaborators:

CORSI Katia

Hours of classroom activity:

Prerequisites:

To have to pass the test of Business Administration course (course of the first year)

AF code:

40000533

Assessment Methods

Verification of learning:

Final written test lasting 1.5 hour. It is diversified to evaluate the different skills of the students on all the issues dealt with. In particular, the test consists of three parts: the first part, aimed at verifying a general competence of the subjects, mades up of 10 closed questions (max 10 points); the second part consists of two open questions in order to verify the elaboration and reflection capacity, as well as the synthesis capacity (max 10 points) and the third operative part consists of two or three exercises, aimed at verifying the acquired technical skills ( max 13 points). The minimum score (18) requires the demonstration of an elementary knowledge; the maximum score (30) requires the correct use of analytical tools and a very good competence of the subjects. Given the extent of the issues a margin of error of 3 points is foreseen.
The use of the calculator is allowed

Distance exam modality - COVID-19 period: Test administered through MOODLE (https://edisea.uniss.it) with student’s visualization using Microsoft Teams or Google Meet.
The test is composed by 33 multiple choice questions, each right answer will be awarded by 1 mark while there is no negative marking for a wrong answer (or no answer). Time available: 45 minutes
The questions will be both technical and theoretical and they will cover the whole content of the course.

Teaching period

Second semester

Objectives

The course aims at investigate the principles and tools of management control, examining control in both the systemic and process approach.
With this course the student completes the study of the components of the accounting information system to support the decision-making process (already started in business administration course and financial statement courses), focusing on management accounting and planning. At the end of this course the student will be able to determine the product’s cost, to make analysis of economic convenience and to use business planning tools such as the budget and to perform the variances analysis.
At the end of the course the student acquired:
(1) Knowledge and ability to understand: know the management control system and the control variables; the several cost configurations and understand the rules to determine the products cost; know the budget process and the variance analysis techniques aimed at effective and efficient business management
(2) Ability to apply knowledge and understanding: know how to determine the product costs; carry out the analysis of economic convenience such as differential analysis and make or buy analysis; set up business simulations also with “what if” analysis; draft the budget and carry out the variances analysis; take into account of costs (direct and indirect) associated to different types and tools of control.
(3) Autonomy of judgment: ability to analyze and interpret data deriving from management accounting and to evaluate the instrumental and behavioral aspects of management control; ability to interpret the causes of the variances between objectives and results.
(4) Communication skills: although this course does not foresee specific activities aimed at developing communication skills, the student will be able to operate within heterogeneous teams work highlighting the peculiarities and differences of the analysis perspective from other human and social sciences. The student will also be able to prepare reports to communicate the performance to top management and will have also acquired notions on behavioral aspects in companies.
(5) Learning skills: the critical-conceptual content of this course fosters the deepening of advanced and more specialized courses in business administration.

Contents

The management control system (4 h); Organizational structure of control and accountability centers (4 h); informational structure of control and its process (2 h); Managerial accounting (4 h); Full costing and estimate the product cost (6 h); Break even analysis (4 h); Direct costing: differential analysis and operational lever (6 h); Budget: accounting and behavioral aspects (12 h); Variance analysis: technical and interpretative aspects (6 h); Control variables (6 h).

Recommended Bibliography

MARCHI L., MARASCA S., CHIUCCHI (edited by), Controllo di gestione. Torino, Giappichelli, 2018.
We also recommend to read:
CINQUINI L., Strumenti per l’analisi dei costi, vol.I, Giappichelli,Torino, 1997
BRUSA L., Sistemi manageriali di programmazione e controllo, Giuffré, Milano, 2000, cap.3-4
Additional teaching material is available in the course’s area of the web site.

Teaching Methods

Frontal lessons with the support of power point slides and whiteboard.
Supplementary teaching activities (practice exercises) up to a maximum of 18 hours aimed at the implementation of the contents of the lessons and the cost product calculation, the differential analysis, the budget and the variances analysis; case studies are also foreseen. The exercises are held in the classroom with a track for the students and the solution guided by the teacher.
The slides used in classroom, the tracks and some solutions of the exercises are available on the teacher's page on the site http://edisea.uniss.it/

Contacts/More Information

1) availability to provide a tutoring service (eg student reception, explanations in the classroom) also in English for Erasmus students;
2) availability to provide supplementary teaching materials and added bibliographic references
3)for receiving students, please consult www.edisea.uniss.it;
4) contacts: kcorsi@uniss.it; phone: 079/079213033

MANAGEMENT CONTROL

Course year: 1

Course year: 2

Course year: 3

Search form

MANAGEMENT CONTROL