Anna Raffoni is a Senior Lecturer in Accounting and Finance Director of MSc Corporate Finance, Loughborough University’s School of Business and Economics. Prior to taking up this role, she was Senior Research Fellow at the Centre for Business Performance of Cranfield School of Management. She was involved in a multi-disciplinary research project funded by EPSRC and entitled: ""Transformation to servitized organizational forms"". Before moving to UK, she was Lecturer in Management Accounting at the Faculty of Economics of the University of Bologna. After completing her MS in Business Administration at the University of Bologna, Anna was awarded PhD in Management Accounting (Customer value management) at the University of Florence.
Introduction to basic accounting principles, accounting concepts, and accounting terminology. Financial statement analysis. Basic cost concepts and cost accounting. Introduction to management control principles and techniques.
Elements of accounting, budgeting and cost analysis. The measurement and interpretation of economic and financial performance of the company. The economic and financial analysis forecasting and budgeting. The calculation and analysis of costs in decision-making and management control. Management control as an operational mechanism. The systems of strategic control and strategic cost management.
The course is focused on the main strategic control concepts and tools to support the decision-making process as well as the strategic planning and budgeting. A brief introduction to the main concepts of finance and accounting is included. The course will combine front lectures, guest speakers’ lectures, case studies and team work. The whole course will based on a practical approach, although based on the general theoretical concepts of management accounting.