Planning and Management Control

The class in Management Accounting is part of the studies of Advanced Business Economics, and is based on the skills acquired in the courses of Business Economics and Budget Analysis, with the aim of providing students with additional and more advanced tools for the acquisition of information and the processing of management decisions within the company based on data acquired through financial accounting, management accounting and budgeting.
The objective of the course is to provide students with a theoretical and applied knowledge of management control within the company, used as a process of organizational control and coordination, aimed at rational planning and decision making.
The course will provide general notions and skills in management accounting and control, as well as practical tools for reporting and measuring performance from an internal management point of view.

At the end of the class the student will be able to:
Knowledge and understanding: describe the concepts and criteria of design of the management control system and management accounting
Ability to apply knowledge and understanding:
- analyze the characteristics of methods of analysis and cost management for decisions and control
- design the management accounting tools for the governance of corporate equilibria in the mid-long term;
- create quantitative tools to support the budgeting process and budget preparation
Making judgements: to understand the critical factors of the company's success starting from the knowledge acquired during the course of studies, integrating economic skills, company and budget knowledge and quantitative tools to support the decision-making process for the pursuit of company objectives.
Communication skills: to draw up clear reporting tools that can also be used by third parties, in a context of organizational coordination, using languages and methods based on international best practices on the subject.
Learning skills: use the tools of planning and control as a means of integrating the skills acquired during the course of study with the work experience within the company, to develop more skills and acquire technical decision-making skills aimed at achieving the objectives and mission in which the student will operate.