Accounting

Professor: Ariela Caglio

Course type: Master +2
Value in ECTS: 6

Academic year 2012/2013 - Fall semester

Course Objectives
The course aims to explore the role of accounting information, management accounting and control systems in supporting managers in the definition of strategy and in their day-to-day activities.
It is widely acknowledged that the survival of any firm depends on its capabilities to generate successful strategic ideas, to motivate its managers to implement strategies, to identify and manage strategic risks and, finally, to create stakeholders´ trust. In these respects, management accounting and control systems play a crucial role. On the one hand, through strategic planning, programming and budgeting, performance targets are set, coherently with strategic and organizational choices, and used to evaluate managers´ accountability. On the other hand, reporting systems serve to communicate actual performance to both managers and stakeholders in a way that fosters learning from experience, enables redirecting ineffective behaviours and supports the generation of stakeholders´ trust.