#ourse #ontent Academic ear 2012-2013 Mana!ement Control S"stems (9 credits) (course code 22044) Prof.

. Josip Kotlar Prof. Renato Redondi (Management 3 credits) (Accounting credits)

5%e course proposes t%e stud7 of management control s7stems to support decision ma?ing. 5%e course is integrated into t%e t;o modules of Management and Accounting and includes lectures( e9ercise sessions and seminars. ). Aims and characteristics o management control s!stems (Accounting e Management) 5%e components of a s7stem of management control( t%e re,uirements and specifications for decision support( moti-ation and organi&ational learning. 5%e nature and o.2ecti-es of management accounting. 2. The techni"ues o costing (Accounting) !ntroduction to t%e concept of #ost 1.2ect. 3ifference .et;een t%e tec%ni,ues of full costing and -aria.le costing and allocation of indirect costs. 5raditional tec%ni,ues of costing6 Jo. 1rder #osting -s. Process #osting. Ad-anced tec%ni,ues of costing and allocation of indirect costs( allocation of costs .7 ser-ice centers to production centers. Acti-it70.ased costing( 5arget Pricing and 5arget #osting. "implified Accounting "7stems suc% as *ean Accounting and Just in 5ime #osting. 3. The process o budgeting and variance anal!sis (Accounting) "trategic planning and .udget setting6 t%e difference .et;een s%ort and long term .udget. @rom corporate -ision to .udgeting. Management and control .7 o.2ecti-es. 5%e process of .udgeting6 operating .udget( .udget( in-estment( financial .udget( master .udget. 5%e negotiation of t%e .udget. 5ec%ni,ues for preparation of a re-ised .udget. 5%e -ariance anal7sis. 4. Tools to guide decision#ma$ing (Management) #osts for orientation of decision0ma?ing. Acti-it7 8ased Management6 pricing and product mi9 decisions( supplier selection process and client e-aluation. 5%e 8alanced "corecard6 o.2ecti-es( reali&ation of t%e model and anal7sis of financial( customer relations( efficienc7 of processes and elements for gro;t%. :. Management %ompensation S!stems (Management) #%aracteristics of incenti-e0.ased compensation plans. 3istinction .et;een s%ort0and long0term incenti-es. 57pes of incenti-es6 criteria for performance e-aluation and calculation of t%e premium. 8asic concepts of agenc7 t%eor7. #eferences R. Ant%on7 et al.( "istemi di controllo+ analisi economic%e per la decisioni a&iendali( 3a edi&ione( Mc$ra;0 <ill( 200= R. Ant%on7 et al.( Management #ontrol "7stems6 tecnic%e e processi per implementare le strategie( Mc$ra;0<ill( 200 Malig%etti P.( Redondi R.( >ismara ".( "istemi di controllo di gestione. 5eoria e applica&ioni. *i.reria uni-ersitaria( 200= Articles( notes and ot%er material distri.uted .7 t%e teac%er during class. $%amination arran!ements 5%e e9am is integrated for t%e t;o modules and consists of a ;ritten test and an oral e9am.