Understanding to create value
Accounting is the language of business. Operators, managers and directors of all business functions, as well as administrators and entrepreneurs themselves, are constantly in contact with a technical language of an administrative nature that they often understand and manage in a partial and inappropriate manner.
“EBITDA”, “Financial Leverage”, “Net Financial Position” are terms that frequently appear in company discussions and the inability to fully understand this language can negatively affect the effectiveness of the action of managers and the interaction with CFOs and colleagues.
More generally, all managers, in order to create value for the company, need to be aware of how daily decisions affect the assets, income and financial flows of the organization. The course allows managers and entrepreneurs without an administrative background to become aware of the economic and financial language.
More specifically, the course provides basic skills for the analysis and interpretation of the company’s balance sheet (of suppliers, customers, partners, etc..) and to predetermine the economic and financial effect of short and medium to long-term management decisions.
The course is structured in 2 thematic Modules, with a total of 18 days to be attended in a online mode.
It is possible to enrol for the entire course or for the modules individually.
The didactic approach will be extremely pragmatic and accompanied by numerous cases applied.
Accreditation
Bologna Business School is EQUIS – EFMD Quality Improvement System accredited, one of the most important international quality assessment and continuous improvement systems for Schools of Management and Business Administration.
Franco Visani
Director of Studies
franco.visani@bbs.unibo.it
" Managers of all functions need to understand the economic-financial language, read a company report or the balance sheet of a supplier, customer or partner. This course provides the fundamental skills to communicate with the finance area, with colleagues from other areas and to make informed decisions with a view to creating value for the company. "
Structure
The course consists of 18 teaching sessions to be attended in a online mode.
Two thematic modules will be covered in depth, structured as follows:
I MODULE – READING FINANCIAL STATEMENTS AND THE ECONOMIC-FINANCIAL DYNAMICS OF A COMPANY
- The company balance sheet: logic, purpose and structure
- Structure of the balance sheet, income statement and cash flow statement
- Reclassified views of financial statements
- Calculation and interpretation of economic-financial ratios
- Economic and financial consequences of different business models
II MODULE – BUDGETING AND ECONOMIC-FINANCIAL ANALYSIS FOR BUSINESS DECISIONS
- The use of economic and financial information to support business operational decisions
- The use of economic and financial information to support strategic decisions
- Business cost analysis and profitability analysis
- The management control process: budgeting and reporting
COURSES
- La dimensione economica, patrimoniale e finanziaria dell’azione aziendale
- Il ruolo del bilancio di esercizio e le sue componenti
- Analytical description of the income statement, balance sheet and financial statements
- Presentation of concrete examples of financial statements
- La riclassificazione dello stato patrimoniale secondo il criterio finanziario e gestionale
- La riclassificazione del conto economico secondo il criterio del valore aggiunto, il criterio funzionale o del margine di contribuzione
- Differenti visioni del rendiconto finanziario
- Indici di liquidità, di indebitamento e di copertura finanziaria
- Indici di redditività, di marginalità e di rotazione
- Confronto tra redditività effettiva e redditività attesa dei finanziatori
- Comprendere come le scelte di modello di business impattano sulla struttura economico-finanziaria dell’azienda
- Casi aziendali che evidenziano la relazione tra modello di business e risultati economico-finanziari
- Definizione prezzi di vendita
- Decisioni make or buy
- Gestione relazione con fornitori
- Investimenti tecnologici o commerciali
- Sviluppo di nuovi business
- Piani finanziari pluriennali
- Comprensione della redditività di prodotti e servizi
- Direct Costing vs. Full costing
- Analisi dei centri di costo aziendali
- Activity-based Costing
- Definizione dei KPI di misurazione della performance aziendale
- Il processo di sviluppo del budget annuale
- Le modalità di reporting e analisi degli scostamenti
Learning approach
The didactic approach will be extremely pragmatic and accompanied by numerous cases applied. The teaching methodology is supported by an e-learning platform in which materials and exercises will be loaded for study and in-depth study between the two classroom sessions.
Faculty
Faculty members at Bologna Business School work together offering outstanding teaching standards. An international and interdisciplinary approach is guaranteed by a joint team of distinguished national core professors, adjunct, visiting professors, guest speakers and top managers.
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Anna Raffoni
Associate Professor of Accounting
Loughborough University
-
Franco Visani
Associate Professor of Business Administration and Accounting Studies
University of Bologna
-
Filippo Boccali
Adjunct Professor and Research Fellow - Department of Management
University of Bologna
Networking
Networking takes place between students in the same class, between participants and lecturers, and with students from other courses or previous editions of the same program.
COMPANIES
Over the years, our partners have been constantly involved in the various activities that make up the structure of our programs. Companies belonging to our network participate in project work and master classes; they actively contribute to introducing guest speakers and organizing company visits. Our partners are our first supporters: they sponsor various scholarships, host internships for students and provide professional opportunities for graduates. The partner companies of Bologna Business School are:
AEROPORTO G. MARCONI ASSICOOP BOLOGNA METROPOLITANA AUTOMOBILI LAMBORGHINI BOLOGNA FIERE BREVINI POWER TRANSMISSION CAMERA DI COMMERCIO DI BOLOGNA CAMERA DI COMMERCIO DI FERRARA CAMERA DI COMMERCIO DI FORLÌ-CESENA CAMERA DI COMMERCIO DI MODENA CAMERA DI COMMERCIO DI RIMINI CAMST CARPIGIANI GROUP CASSA DI RISPARMIO IN BOLOGNA CONFCOMMERCIO EMILIA ROMAGNA CONFINDUSTRIA EMILIA ROMAGNA COSWELL DATALOGIC DUCATI MOTOR HOLDING ENEL ENGINEERING INGEGNERIA INFORMATICA EXPERT SYSTEM FALORNI FASTWEB FERRARELLE FERRARI FERRETTI GROUP FINALMA FONDAZIONE CARISBO FONDAZIONE CASSA RISPARMIO CESENA FONDAZIONE CASSA RISPARMIO DI CENTO FONDAZIONE CASSA RISPARMIO DI IMOLA FONDAZIONE CASSA DI RISPARMIO DI CARPI FONDAZIONE CASSA DI RISPARMIO DI FERRARA FONDAZIONE CASSA DI RISPARMIO DI PADOVA E ROVIGO FONDAZIONE G. MARCONI FONDAZIONE IBM ITALIA FONDAZIONE ISABELLA SERÀGNOLI FONDAZIONE DEL MONTE DI BOLOGNA E RAVENNA FONDAZIONE PER LA COLLABORAZIONE TRA I POPOLI FOOD TREND FOUNDATION FURLA GOOGLE ITALIA GRANAROLO GROUPM GRUPPO COESIA GRUPPO SISTEMA H-ART HSPI HAWORTH HERA HORSA IBM ITALIA IMA ICONSULTING INTESA SAN PAOLO KPMG ADVISORY LABORATORI GUGLIELMO MARCONI LANDI RENZO LEGACOOP BOLOGNA LIGHTHOUSE MANUTENCOOP MAPE MAPS MASAI ITALIA MASERATI MICROSOFT ITALIA MONTENEGRO N.C.H. NUOVI CANTIERI APUANIA OLIDATA ONIT GROUP OPERA SANTA MARIA DEL FIORE PHILIP MORRIS ITALIA POLTRONESOFÀ REGIONE EMILIA-ROMAGNA RICOH S.E.C.I. GRUPPO INDUSTRIALE MACCAFERRI SAP SCS CONSULTING STMICROELECTRONICS SCHNEIDER ELECTRIC SEPS TECHNOGYM TEUCO THE BOSTON CONSULTING GROUP TOYOTA MATERIAL HANDLING ITALIA TREVI GROUP UMBERTO CESARI UNICREDIT UNIEURO UNINDUSTRIA BOLOGNA UNIPOL VEM SISTEMI VERONESI VIABIZZUNO VIDEOWORKS VOLVO CAR ITALIA WPP ITALIA YOOX NET-A-PORTER GROUP
FEES
The registration fee for the first Module – Reading Financial Statements and Business Dynamics is:
3.o00 euros (+ vat) for registrations from companies and institutions
2.500 euros (+ vat) for individual registrations
The registration fee for the second Module – Budgeting and Economic and Financial Analysis for Business Decisions is:
2.500 euros (+ vat) for registrations from companies and institutions
2.000 euros (+ vat) for individual registrations
The registration fee for the entire program is:
The registration fee for enrollments from companies and institutions is 5.000 euros (plus VAT) to be paid by the start date of the course.
The registration fee for individual enrollments is 4.000 euros (plus VAT) to be paid by the start date of the course.
The fee includes attendance at the program, all study material available through the online platform and access to Bologna Business School services, which include: Alma personal wi-fi account, use of study areas and access to the internal gym.
A large free car park is available in the school park.
Discounts are available:
– for early registrations;
– for Business Network companies;
– for Alma and Profingest Alumni;
– for groups of at least 3 people.
INTERPROFESSIONAL FUNDS
Alumni and companies can check the availability of vouchers at the Interprofessional Fund of reference:
Fondimpresa – for middle managers/ middle management
Fondo Dirigenti PMI – for managers of Industrial SMEs
Fonditalia
Fondirigenti – for managers
Fon.Coop – for cooperative companies
REQUIREMENTS
The course is reserved for a maximum of 30 participants.
APPLICATION PROCESS
To register, simply download the registration form and send it by email or fax.
FAQs
At the end of the course, a participation certificate is issued (upon reaching 80% of classroom hours).
The documents used in the classroom and any further reading or exercises will be uploaded to our platform, whose credentials will be delivered in the classroom.
Should a group of colleagues wish to participate in the program, it is possible to contact the Program Manager to evaluate an ad hoc participation price.
Our short courses do not require a specific course of study. It is important to have a few years of work experience behind you that can help you, inside the classroom, by bringing real cases dealt with and solutions adopted during your work.
