INTRODUCTION TO DIGITAL MANAGEMENT-2

Digital (r)evolution has been a constant companion to companies since the days of tabulating machines. In traditional companies, Business Administration Systems have the aim of producing financial information and have been evolving in tandem with information technology (r)evolution. In digital firms, digital (r)evolution presents new challenges and business opportunities. The course has the aim of introducing the topic of Business Administration Systems, focusing on accounting systems and depicting the impact of the digital (r)evolution on both traditional and born-digital firms. Students will learn the basics of accounting for business transactions and corporate communication and will deepen the impact of the digital (r)evolution.

1 KNOWLEDGE AND UNDERSTANDING
The students of the course INTRODUCTION TO DIGITAL MANAGEMENT – 2 have to understand the operating setting of firms, the financial statements and other financial tools supporting the decisions. Additionally, students have to better understand how digital (r)evolution is affecting the accounting and reporting systems of traditional firms and offers new business opportunities for firms operating in the ICT sector.
At the end of this course, students will know and understand:
- the economic and financial nature of an entity’s events;
- the method of double-entry bookkeeping applied for the preparation of both balance sheet and income statement;
- the ways by which accounting records of daily transactions affect the preparation of financial statements;
- the role of the financial reporting system;
- the main challenges and opportunities of the digital transformation in financial accounting and corporate reporting

2 APPLYING KNOWLEDGE AND UNDERSTANDING
The students of the course in INTRODUCTION TO DIGITAL MANAGEMENT – 2 must be able to contextualize their knowledge and apply it to concrete situations through the analysis and processing of accounting data. At the end of this teaching course, the students will be able:
- to record the main accounting entries needed to prepare financial statements;
- to draw up the income statement and the financial statement
- to analyze and understand financial data contained in a standard annual report
- to interpret financial and non-financial and integrated reports
- to identify main challenges and opportunities coming from the digital (r)evolution
The course contributes to the educational objectives of the Bachelor's Degree Programme, which aims to provide a complete training in the management field, as it provides the basic knowledge to identify the financial effects of an entity’s events, to record them with bookkeeping and to prepare the financial statements.

Since this course provides basic knowledge about management accounting, financial accounting and financial reporting, deepening the effects of the digital (r)evolution, no previous knowledge is required. Students must have acquired only the notions and the basics provided in INTRODUCTION TO DIGITAL MANAGEMENT - 1 .

The course is shaped by 3 main didactic units:
DU 1: Introduction to accounting
Accounting and financial education in a digital world
Accounting, financial accounting and financial reporting
Challenges and opportunities for accounting in a digital world
Sustainability and accounting

DU 2: Financial accounting
Financial accounting and the recording process
Basics of bookkeepting: general journal, general ledger, trial balance
The recording process and the accounting cycle
Challenges and opportunities for financial accounting in a digital world

DU 3: Financial reporting
Financial reporting and corporate communication to investors
Current issues in corporate communication to investors: from different GAAP to the need of reaching an integrated communication
Challenges and opportunities for financial reporting in a digital world

Details about the text book will be given during the class and will be available in Moodle

The learning assessment methods will be divided into two parts.
A first part will refer to the development of a written test aimed at evaluating the understanding of the theoretical concepts exposed during the course. The grade of the written test has a weight of 70% of the total grade.
The test consists of 30 questions distributed across the various topics of the course. The questions can be: multiple choice, open questions or development of exercises. Each question has a weight of 1 if answered correctly. There is a penalty of 0.25 for each incorrect multiple answer.
A second part will require the development of a business case aimed at evaluating the student's ability to apply the skills acquired at a theoretical level. The assignment grade has a weight of 30% of the total grade.
The assignment involves the development of a business case. Students will be evaluated on the basis of their ability to correctly develop the case, familiarity with the typical problems that allow them to put into practice the theoretical concepts acquired during the lessons.
The student can choose to replace group work with an additional oral exam.
To pass the exam, students must obtain a passing grade in both tests.

Regarding grade grading (mode by which grades will be assigned), regardless of the attending or non-attending mode:
A. scores in the 18-22 range will be awarded in the presence of:
- sufficient knowledge and applied comprehension skills with reference to the syllabus;
- limited ability to collect and/or interpret data, making independent judgments;
- sufficient communication skills, especially in relation to the use of specific language pertaining to the economic operation of companies;
B. scores in the 23-26 range will be awarded in the presence of:
- discrete knowledge and applied comprehension skills with reference to the syllabus;
- discrete ability to collect and/or interpret data, making independent judgments;
- fair communication skills, especially in relation to the use of specific language pertaining to the economic operation of companies;
C. scores in the 27-30 range will be awarded in the presence of:
- good or very good knowledge and applied comprehension skills with reference to the program;
- good or excellent ability to collect and/or interpret data, making independent judgments;
- fully appropriate communication skills, especially in relation to the use of specific language pertaining to the economic operation of companies.
D. honors will be awarded in the presence of knowledge and applied understanding with reference to the syllabus; excellent judgment and communication skills.

The teaching method will include frontal lessons, case studies and guest lectures from experts in the field.
The learning process will be "hands on" and will be supported by specific tools such as software and database. More precisely, students will use the free of charge and open source software Manager.io: https://www.manager.io/ and the database AIDA BVD: https://login.bvdinfo.com/R0/AidaNeo . Furthermore, the student will learn how to use generative artificial intelligence tools to support assignment development (e.g. ChatGPT https://openai.com/ )

English

written and oral

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