A14907 Strategic Management Accounting

In Strategic Management Accounting the students will learn to use a range of tools for costing, decision-making, planning and control and consider their applicability within the context of strategic management. They will also be able to read and understand a financial statement prepared according to International Accounting Standards.

This course is not mainly technical. Our aim is not to finish the course being able to do something, but mainly to finish the course being able to understand something.

Understanding is the base of applying and correctly reading information.

The students are expecting to acquire the tools which could allow them to take the proper strategic decisions in terms of management accounting.

The course is divided into three parts, of 15 hours approximately each.

The first part is about performance measurement and the different bodies of accounting standards and their application to the financial reporting issues is analysed.

The second part is focused on the strategic use of cost accounting.

The third and last part is made of specific topics, as CSR, sustainability reporting, voluntary disclosure.

The course is made of theoretical lessons, cases and practical exercises.

Lectures are held throughout the entire semester. Students are responsible for learning the material before coming to class.

You are responsible for consulting on a regular basis the website of the course on “my.liuc.it” where updates, additional material, slides and exercises about the course are posted.

The assessment is based on a written exam at the end of the course. To pass the exam the student needs to achieve a grade higher than 18/30.

Exams rules for attending students will be detailed during the first class of the course.

The assessment for the exams of June and July is based on an oral test in which students are required to solve exercises and answer to theory questions for Prof. Smith,  Prof. Tettamanzi and Prof. Songini parts. To pass the exam, students need to achieve a grade higher than 18/30.