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Company economics

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A.A. 2020/21

Course Language

English

Course degree

1st degree and Bachelor-level of the Bologna process in Automotive Engineering - Torino
1st degree and Bachelor-level of the Bologna process in Mechanical Engineering - Torino
1st degree and Bachelor-level of the Bologna process in Computer Engineering - Torino
1st degree and Bachelor-level of the Bologna process in Automotive Engineering - Torino
1st degree and Bachelor-level of the Bologna process in Material Engineering - Torino
1st degree and Bachelor-level of the Bologna process in Electrical Engineering - Torino
1st degree and Bachelor-level of the Bologna process in Aerospace Engineering - Torino
1st degree and Bachelor-level of the Bologna process in Biomedical Engineering - Torino
1st degree and Bachelor-level of the Bologna process in Chemical And Food Engineering - Torino
1st degree and Bachelor-level of the Bologna process in Civil Engineering - Torino
1st degree and Bachelor-level of the Bologna process in Building Engineering - Torino
1st degree and Bachelor-level of the Bologna process in Energy Engineering - Torino
1st degree and Bachelor-level of the Bologna process in Mechanical Engineering - Torino
1st degree and Bachelor-level of the Bologna process in Environmental And Land Engineering - Torino
1st degree and Bachelor-level of the Bologna process in Mathematics For Engineering - Torino
1st degree and Bachelor-level of the Bologna process in Electronic Engineering - Torino
1st degree and Bachelor-level of the Bologna process in Computer Engineering - Torino
1st degree and Bachelor-level of the Bologna process in Physical Engineering - Torino
1st degree and Bachelor-level of the Bologna process in Cinema And Media Engineering - Torino

Course structure
Teaching Hours
Teachers
Teacher Status SSD h.Les h.Ex h.Lab h.Tut Years teaching
Teaching assistant
Espandi

Context
SSD CFU Activities Area context
ING-IND/35 6 D - A scelta dello studente A scelta dello studente
2018/19
The course is meant to introduce students to the fundamental concepts and principles of financial and management accounting regarding balance sheet and income statement records and analysis, separation of ownership and control, short and long-term decision making processes and the understanding of exogenous factors and their impact on firm accounts and management, with a particular focus on the automotive industry.
The course is meant to introduce students to the fundamental concepts and principles of financial and management accounting regarding balance sheet and income statement records and analysis, separation of ownership and control, short and long-term decision making processes and the understanding of exogenous factors and their impact on firm accounts and management, with a particular focus on the automotive industry.
The course is structured in three distinct but complementary parts. Classes also include cases and exercises discussion to provide students with the skills in the management use of accounting information. The first part of the course deals with Financial Accounting and focuses on how to record economic events in the accounting records and how to prepare and interpret the primary financial statements that summarize a firm's economic transactions (i.e., the balance sheet, the income statement). The goal of this part is to provide students the right instruments to be able to read and understand accounting report. The second part of the course presents the methods and techniques of Management Accounting to support management in the strategic planning, controlling and monitoring of firm performance. This part introduces the nature, the source and purpose of cost accounting and the costing techniques used in business which are essential for any management accountant. The goal of this part is to provide students the right instruments to understand the cost structure of a product and take the right short term managerial decisions. The third part of the course presents the planning process used by managers to take long term investments decisions (capital budgeting). This part introduces students to the basic concepts and techniques used in the long-term decision making process. The goal of this part is to provide students the right instruments to take the long-term managerial decisions and understand the key aspects to consider when a company has to realize an investment.
The course is structured in three distinct but complementary parts. Classes also include cases and exercises discussion to provide students with the skills in the management use of accounting information. The first part of the course deals with Financial Accounting and focuses on how to record economic events in the accounting records and how to prepare and interpret the primary financial statements that summarize a firm's economic transactions (i.e., the balance sheet, the income statement). The goal of this part is to provide students the right instruments to be able to read and understand accounting report. The second part of the course presents the methods and techniques of Management Accounting to support management in the strategic planning, controlling and monitoring of firm performance. This part introduces the nature, the source and purpose of cost accounting and the costing techniques used in business which are essential for any management accountant. The goal of this part is to provide students the right instruments to understand the cost structure of a product and take the right short term managerial decisions. The third part of the course presents the planning process used by managers to take long term investments decisions (capital budgeting). This part introduces students to the basic concepts and techniques used in the long-term decision making process. The goal of this part is to provide students the right instruments to take the long-term managerial decisions and understand the key aspects to consider when a company has to realize an investment.
Knowledge of the basics of differential computations.
Knowledge of the basics of differential computations.
The course table of contents is the following: - Financial Accounting: the Nature and Purpose of Accounting; Basic Accounting Concepts: The Balance Sheet and The Income Statement; Accounting Records and Systems; Financial Statement Analysis - Management Accounting: the Nature of Management Accounting; cost classification; cost accounting methods; short term choice decisions (e.g. break-even point analysis, make or buy). - Capital Budgeting: Discuss the importance of capital investment planning and control; identify and evaluate relevant cash flows for individual investment decisions; explain and illustrate the net present value (NPV); explain and illustrate alternative indicators to evaluate individual investment decisions.
The course table of contents is the following: - Financial Accounting: the Nature and Purpose of Accounting; Basic Accounting Concepts: The Balance Sheet and The Income Statement; Accounting Records and Systems; Financial Statement Analysis - Management Accounting: the Nature of Management Accounting; cost classification; cost accounting methods; short term choice decisions (e.g. break-even point analysis, make or buy). - Capital Budgeting: Discuss the importance of capital investment planning and control; identify and evaluate relevant cash flows for individual investment decisions; explain and illustrate the net present value (NPV); explain and illustrate alternative indicators to evaluate individual investment decisions.
Classes include theoretical lectures and cases and exercises discussion to provide students with the skills in the management use of accounting information.
Classes include theoretical lectures and cases and exercises discussion to provide students with the skills in the management use of accounting information.
Copy of the slides and files Excel with the exercises posted on WEB portal. The following book is suggested: "Accounting: Texts and Cases 13th Edition by Robert Anthony and David Hawkins and Kenneth A. Merchant, McGraw-Hill".
Copy of the slides and files Excel with the exercises posted on WEB portal. The following book is suggested: "Accounting: Texts and Cases 13th Edition by Robert Anthony and David Hawkins and Kenneth A. Merchant, McGraw-Hill".
ModalitÓ di esame: prova scritta;
The evaluation will be based on the result of a written test with exercises, open or closed questions on the course contents, in accordance with a previously assigned score for each one. The duration of the exam is equal to 2 hours. During the exam it is not possible to consult slides or books. The written exam will be divided in three parts according to the three parts of the course.
Exam: written test;
The evaluation will be based on the result of a written test with exercises, open or closed questions on the course contents, in accordance with a previously assigned score for each one. The duration of the exam is equal to 2 hours. During the exam it is not possible to consult slides or books. The written exam will be divided in three parts according to the three parts of the course.


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