BUSINESS ADMINISTRATION
Instructional goals
The course will give the students: 1) an overview of business economics and management principles; 2) the basics of financial reporting and financial statements analysis
Intended learning outcomes
Obtain knowledge about corporate governance models, ability to read the company Financial Statements and evaluate the main components of management.
Course Contents
1) Introduction to business administration
2) Governance, strategy, business management and organisation
3) Introduction to accounting
4) Introduction to the analysis of firms' performance
Reference Books
Robert N. Anthony – Leslie K. Breitner, Essentials of Accounting, Prentice Hall, 2007;
Slides set of the course.
Teaching Methods
Frontal lectures, practical team-work, case studies, guest speakers, financial chronicle discussion
Assessment Method
Written exam. The written exam will include multiple choice tests and a practival exercise.
Thesis assignment criteria
None
Week 1 Contenuto sessioni on line e on campus
Economics and business administration as social sciences.
A taxonomy of different types of organizations; business goals and legal forms.
Introduction to the theory of the firm.
Week 2 Contenuto sessioni on line e on campus
The firm and its environment: the role of business in the economic system; social and ethical implications of business.
Ownership structure and corporate governance models: an international comparison.
Week 3 Contenuto sessioni on line e on campus
Business strategy principles and organizational function
Week 4 Contenuto sessioni on line e on campus
Financial information: external reporting and managerial accounting. The manangement cycle. Financial reporting and users decisions. Financial statements for the representation of business activities
Week 5 Contenuto sessioni on line e on campus
Accounting for financing and purchasing.
Week 6 Contenuto sessioni on line e on campus
Accounting for sales activities. Business cases.
The accrual principle
Week 7 Contenuto sessioni on line e on campus
Intermediate Test.
Balance sheet and income statement. Adjustments: Estimating Profit and Loss. The Accrual Principle
Week 8 Contenuto sessioni on line e on campus
Adjustments on Current Expenses and Revenues
Week 9 Contenuto sessioni on line e on campus
Adjustments on-going services
Week 10 Contenuto sessioni on line e on campus
Balance sheet and income statement. Generally accepted accounting principles
Week 11 Contenuto sessioni on line e on campus
Performance measurement principles: profitability and financial risk analysis. Introduction to financial statements analysis.
Exercises.
Week 12 Contenuto sessioni on line e on campus
Cost-volume-profit analysis, Profitability ratios. Financial risk ratios, working capital analysis. Trial test