This course aims at providing students with basic knowledge of the financial statements (along with related tax issues) and the main tools related to management control.
Students will be able to understand the main business administration problems of a going-concern firm, detect firm operations (financing, investment in operating and multi-year productive factors, transformation, divestment), draw up, in a logical key, the financial statements (balance sheet, income statement and cash flow statement), understand the most relevant items (fixed assets, inventory, receivables/payables, shareholders’ equity) and interpret their meaning by analysing the performance ratios. The course will also provide the main cost management tools, thus allowing students to have a widespread view of the firm management.