A95326 Planning and Control

Scuola di Economia e Management
Syllabus
Academic Year 2019/20 Second Semester

foto
Docente TitolareGiuseppe Toscano
E-mailgtoscano@liuc.it
Office"Edificio 1" (in front of main tower), 1st floor
Phone0331 572272

Learning Objectives

This course aims to prepare students to effectively and efficiently manage the activities  that take place during the Planning and Mangerial Control Process. At the end of the course students will be able to:

* project and implement management accounting and related analytical methodologies for decision making and control in profit-oriented organizations

* manage product costing, budgetary control activities, and performance evaluation systems for planning, coordinating, and monitoring the performance of a business.

* determine principles of measurement and develops framework for assessing behavioral dimensions of control systems, impact of different managerial styles on motivation and performance in an organization.

 

Learning targets

Learning targets 

1. Become familiar with what accounting information is typically used within the firm.

2. Develop an understanding of how accounting information is used by managers in the decision making process.

3. Consider how accounting information can be used to motivate members of the firm or as a mechanism to control their behavior.

Course Content

Topics

Introduction to Managerial Accounting and Managerial Control Systems

Costs and Revenues Behavior

Cost Allocation

Contribution Margin Analysis and Break-Even Analysis

Absorption Costs Systems

Standard Costs and Variance Analysis

Rensponsibility Accounting and Behavioral Accounting

ABC and Target Costing

Managerial Planning and Control Systems

Budgets and Budgeting

Performance Measurement and Reporting Systems

Balanced Scorecard Systems

Course Delivery

The course is organized in the form of workshops with exercises, testimonials and case studies that complement the more traditional theory class and therefore requires the active participation of the student.

The student is asked to prepare in advance to the lesson also expanding sources in addition to educational materials using, therefore, readings identified through a personal research on  internet, in the library and reading through magazines.

The student is encouraged to participate actively in a project work in teams. This is a valuable opportunity to learn, in a participative and operating manner, some of the fundamental concepts of the course.

The student is required to regularly consult the website of the course in "my.liuc.it" in which are inserted in-depth materials, slides and all updates regarding the course itself.

Course Evaluation

The final evaluation, for students attending will be so done:

• 40%: participation in the classroom (discussion cases, exercises, case studies presented);

• 60%: written examination.

Non-attending students are provided with a written examination supplemented by an oral examination

 

Syllabus

Session 1
Hours of lesson: 3
Instructor: G. Toscano

Topics:

Introduction to Managerial Accounting and Managerial Control Systems

Readings:

Slides and papers by the teacher

Session 2
Hours of lesson: 3
Instructor: G. Toscano

Topics:

Costs and Revenues Behavior

Readings:

Slides and papers by the teacher

Session 3
Hours of lesson: 3
Instructor: G. Toscano

Topics:

Cost Accounting and Cost Allocation

Readings:

Slides and papers by the teacher

Session 4
Hours of lesson: 3
Instructor: G. Toscano

Topics:

Variable costing and Direct Costing

Readings:

Slides and papers by the teacher

Session 5
Hours of lesson: 3
Instructor: G. Toscano

Topics:

Contribution Margin Analysis and Break-Even Analysis

Readings:

Slides and papers by the teacher

Session 6
Hours of lesson: 3
Instructor: G. Toscano

Topics:

A Full Costing approach: Absorption Costs Systems

Readings:

Slides and papers by the teacher

Session 7
Hours of lesson: 3
Instructor: G. Toscano

Topics:

Standard Costs and Variance Analysis

Readings:

Slides and papers by the teacher

Session 8
Hours of lesson: 3
Instructor: G. Toscano

Topics:

Cost Analysis and Managerial Decision Making

Readings:

Slides and papers by the teacher

Session 9
Hours of lesson: 3
Instructor: G. Toscano

Topics:

Rensponsibility Accounting and Behavioral Accounting

Readings:

Slides and papers by the teacher

Session 10
Hours of lesson: 3
Instructor: G. Toscano

Topics:

Activity Based Costing and Activity Based Management 

Readings:

Slides and papers by the teacher

Session 11
Hours of lesson: 3
Instructor: G. Toscano

Topics:

Cost and Value Management: Target Costing

Readings:

Slides and papers by the teacher

Session 12
Hours of lesson: 3
Instructor: G. Toscano

Topics:

Managerial Planning and Control Systems

Readings:

Slides and papers by the teacher

Session 13
Hours of lesson: 3
Instructor: G. Toscano

Topics:

Budgets and Budgeting

Readings:

Slides and papers by the teacher

Session 14
Hours of lesson: 3
Instructor: G. Toscano

Topics:

Performance Measurement and Reporting Systems

Readings:

Slides and papers by the teacher

Session 15
Hours of lesson: 3
Instructor: G. Toscano

Topics:

Balanced Scorecard Systems

Readings:

Slides and papers by the teacher


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