ADVANCED MANAGEMENT CONTROL

The course studies management control, with a specific focus on the most recent trends in the academic and professional field. In particular, it discusses the role of management control systems in the broader context of corporate governance, the business planning process and the evaluation of a business plan's financial sustainability. It studies some of the main performance measurement tools, target costing and transfer pricing. It also discusses the most recent trends on the evolution of management control system from a sustainability perspective, that are leading to an integration between management control systems and corporate reporting (Integrated Reporting).

1 KNOWLEDGE AND UNDERSTANDING
- know the management control system role in the broader context of corporate governance;
- know how to build and evaluate a profit plan;
- know the main performance measurement tools and their impacts on the managerial decision making process;
- know target costing;
- know transfer pricing and the influences of the fiscal laws;
- know the evolution of management control systems from a sustainability perspective.
2 APPLYING KNOWLEDGE AND UNDERSTANDING
- identify, in different contexts, the role of management control systems and of the other corporate governance functions;
- identify the best performance measurement tools, consistently with company strategy;
- know how to interact with practitioners on transfer pricing;
- understand how to implement a management control system which is consistent with the sustainability orientation of the company.
3 MAKING JUDGEMENTS
- know how to frame hypotheses concerning management control systems efficacy.

Main concepts and terminology of cost accounting

- Management control in the broader context of corporate governance;
- How to build and evaluate a profit plan;
- Performance measurement (Economic Value Added (EVA), Return on Investment (ROI)) and the impacts on the decision making process of managers;
- Transfer Pricing;
- Target costing:
- Fostering sustainability through management accounting;
- The integration between financial and management accounting.

Slides and other material provided by the instructor.
Selection of cases and readings that students can buy on line on HBS Publishing (the instructor will provide, before the course, the specific web link)

The exam is written and oral and both are compulsory. The written exam includes four questions (calculation exercises and open-ended questions), with a pass/fail evaluation. The oral exam will cover the whole program and will determine the final grade.
Students will have the option to get some extra points (max 2) by working in groups on some business cases. The solution to the cases will be presented to the class, according to the instructions that will be disclosed during the first class of the course.
There may be some changes in the assessment methods due to Covid 19

The course includes lectures, guest speakers and group works.

English

Accessibility, Disability and Inclusion
Accommodation and support services for students with disabilities and students with specific learning impairments

Ca’ Foscari abides by Italian Law (Law 17/1999; Law 170/2010) regarding support
services and accommodation available to students with disabilities. This includes students with
mobility, visual, hearing and other disabilities (Law 17/1999), and specific learning impairments (Law 170/2010). If you have a disability or impairment that requires accommodations (i.e., alternate testing, readers, note takers or interpreters) please contact the Disability and Accessibility Offices in Student Services: disabilita@unive.it.

written and oral

This subject deals with topics related to the macro-area "Human capital, health, education" and contributes to the achievement of one or more goals of U. N. Agenda for Sustainable Development