BUSINESS ADMINISTRATION

Course Sheet

Academic Year of enrolment:

2021/2022

Divisions:

Cognomi N-Z

Type of Course:

Basic

Optional/Mandatory:

Compulsory

Degree:

Bachelor's Degree Programme in ECONOMICS AND MANAGEMENT

Location:

SASSARI

Disciplinary Sector:

Business Administration

Is part of:

BUSINESS ADMINISTRATION

Credits:

Programme Year:

Professor and Collaborators:

EZZA Alberto

POLO Silvia Cassandra

Hours of classroom activity:

Prerequisites:

None

AF code:

40000501

Assessment Methods

Verification of learning:

Verification of learning takes place in two ways aimed at evaluating theoretical knowledge and the ability to apply knowledge on the topics of the program.
Exam divided into 2 intermediate learning tests carried out during the course (there are 2 tests, the first in November and the second should be taken once during the winter exam session.
Complete exam (the complete exam is taken in all 6 exam sessions).
Mode 1: 2 intermediate tests
The first verification test consists of 1 open question (5 points) and 5 multiple choice questions (1 point each), an exercise on recording management operations according to the double entry method (20 points). Program: a) dynamics of values; b) financing, investment and sale, c) internal management; d) double entry, e) the company as a system, g) accounting for external management operations, h) financing, i) company requirements;
The second test should be taken once during the winter exam session and it consists of an exercise on the settlement and closing of accounts, the preparation of the financial statements and the reopening entries (25 points) and an open question (5 points ). Program: a) the principle of economic competence; b) the settlement entries; c) final surveys; d) the concept of income, e) the different notions of capital; f) reopening of accounts; g) the institutional structure of the company; h) business models, i) the principle of economy.
The exam is passed if the student achieves a grade equal to or higher than 18/30 in the two tests. The final grade is the average of the scores obtained in the two tests.

Mode 2: the ordinary exam
Verification of learning takes place with a written test (duration 180 minutes), consisting of two parts.
The first part (theoretical) is aimed at verifying the degree of learning of the theoretical topics covered in class and consists of an open question (5 points) and 5 multiple choice questions (1 point for each correct answer).
The second part (accounting), whose total value is equal to 20 points, consists in the recording of management operations and settlement of accounts according to the double entry method with the preparation of the journal and ledger (total 15 points), in the drafting of the epilogue and closing, reopening and final accounting records (5 points). The exercise is aimed at assessing the ability to apply the detection logic and the double entry method, in relation to management, settlement, closure and reopening operations.
An example of the exam can be found on the «teacher site» in the page dedicated to teaching edisea.uniss.it.

Remote exam mode - COVID-19 period: written.

The exam takes place using Microsoft Teams; students enrolled in the exam receive an email to their institutional address where the main rules are summarised. ). Student should join the right Teams and after the roll call and the identity verification, the exam text will be sent by e-mail or made available throught Microsoft Teams' files. Exam shoul be handwritten. At the end of the exam, students should scan or take a photo (for example using the mobile phone with the CamScanner app), and send the generated pdf file to the email shown in the regulation.

Teaching period

First semester

Objectives

The course provides an interpretative framework of the characteristics, principles and main problems of businesses. The course also provides knowledge on the logic of observation of the company dynamics and the instruments for the accounting recording using the double-entry bookeeping.
At the end of the course the student will have acquired (expected results)
(1) Knowledge and understanding: understanding the meaning of the term company and its role in the economic system; understand the distinctive characteristics of the business phenomenon; understand the content and specific features of the operations in which the company is organized, with particular reference to financing, investment and sale; understand the detection logic and the method of recording the double entry; understand the economic significance of the internal management process and the concept of accrual accounting, income and working capital; understand the meaning of the principle of economy; to understand the problem of corporate financing, the quantification of needs, the methods of coverage and the issue of self-financing.
(2) Ability to apply knowledge and understanding: ability to apply the theoretical concepts learned in the interpretation of the activity of companies in the economic system; understand and apply the detection logic and the double entry method in the recording of management, settlement, closure and reopening operations; ability to draw up the main tools of the accounting system (journal, ledger, summary accounts); ability to autonomously apply the principles of numerical and economic competence.
(3) Autonomy of judgment: ability to interpret the dynamics of corporate management operations; ability to autonomously identify the basic characteristics of companies; ability to interpret the dynamics of values and its representation in the accounting system.
(4) Communication skills: although the teaching does not include specific activities aimed at developing communication skills other than those implicit in learning skills, the student will be able to use the technical language to describe the central concepts of the company economy and general accounting.
(5) Learning skills: teaching provides the basis for learning the business disciplines and for their deepening in first and second level university courses.

Contents

The corporate system: the systemic theory of the company; the structural and dynamic characteristics of the different types of companies; the corporate requirements; some interpretative models of the corporate phenomenon (Bertini and Ferrero); the institutional set-up and the company subjects (legal entity and economic entity); the asset structure of the company; the company / environment relationship; the size of the company system.
2. The operations’ system and the dynamics of values: business management. conceptual aspects; the analysis of operations relating to financing, the acquisition of productive factors, economic production (internal management) and sales; the monetary, financial and economic aspects of management and the dynamics of values; the accounting recognition of company operations; the double-entry method; the accrual accounting and the operations of integration and settlement of the accounts; the determination of the economic result and of the working capital; the accounting balance sheet.
3. The equilibrium conditions of the corporate system: the concept of economy; the conditions of economic equilibrium (short and long term), monetary equilibrium and financial equilibrium; internal efficiency and flexibility; competitiveness and sociality; the mutual relations between the conditions of economy, the concepts of cost, revenue, income; the different notions of capital.
4. The financial problem: the different notions and quantifications of the financing needs; the methods of coverage; internal sources and external sources of financing; the choice of sources; the balance of the financial structure; self-financing.

Recommended Bibliography

Lucia Giovanelli, Elementi di economia aziendale (II Edizione), Torino, Giappichelli, 2011 (da p. 18 a p. 65, da p. 69 a p. 135, da p. 138 a p. 161, da p. 165 a p. 166, da p. 169 a p. 171, da p. 173 a p.185, da p. 187 a p. 228, da p. 235 a p. 252).
Lucia Giovanelli (a cura di), Appunti ed esercizi di contabilità generale, Torino, Giappichelli, 2007.

Teaching Methods

Frontal lessons supported by multimedia presentations and by using the blackboard. Exercises focused on the resolution of problems and exercises related to the accounting entry (preparation of the journal and the ledger) with the double entry method, settlement, closure, preparation of the accounting balance sheet (income statement and balance sheet) and reopening of accounts. The exercises are held in the classroom with the delivery of a track to the students and the guided solution with the support of multimedia presentations. The slides used in class, the traces and the solutions of the tutorials and are available on the teacher's page on the website edisea.uniss.it.

Contacts/More Information

The teacher is available to provide a tutoring service as a student reception, additional explanations in the classroom. A tutoring service is available in English (eg student reception, classroom explanations) for Erasmus or mobile students. If necessary we will provide bibliographic references in English. It is possible to take the exam in English.
For the methods of receiving students consult www.edisea.uniss.it

alberto.ezza@uniss.it
+39 3248024052

BUSINESS ADMINISTRATION

Course year: 1

Course year: 2

Course year: 3

Search form

BUSINESS ADMINISTRATION