The discipline of Budgetary Control's main goal is to encourage students the acknowledgement and operationalization of key concepts and techniques of budgetary control, providing them a basic validation of Business Management. In fact, the main objective of a budgetary control is to understand whether the activities are performed by the company to respond in accordance with the original budget and forecasts, so that appropriate decisions can be taken as soon as possible.
Skills to develop: Thus, the learning objectives are:
• That students recognize the role of goal setting in the company's proposed plan, the strategy then the targets set for budgetary control,
• Let them know budgeting and realize the thread performing these budgets,
• Let them know to make a fair and efficient to analyze deviations and
• Let them know to draw conclusions from this analysis so as to suggest remedial measures.
1.1. Budget Management - definition
1.2.Advantages of Budget Management
1.3.Professional ethics in budget management
1.4. Analytical Accounting, Financial Management, Budget Management and Budget.
2.PLANNING, STRATEGY AND DECISION
3.COSTS: TERMINOLOGY AND OBJECTIVES
3.1. Cost Definition
3.2. Cost Classification
3.3. Cost Imputation
4. OPERATING AND FINANCIAL BUDGETS
4.2. Financial Budget
5.1. Sales Deviation
5.2. Commercial Spending Deviation
5.3. Shopping Deviation
5.4. Cost of Production Deviation
6.The BUDGET SYSTEM
6.1.Forms and types of Budgets
6.2. static and flexible budget
6.3.Analysis of deviations in revenues
6.4. Analysis of deviations in direct costs (level 1, level 2 and level 3)
6.5. Analysis of deviation in costs (level 1, level 2 and level 3)
Adopted methodology is as follows:
Theory-practice: students elaborate an essay to expose with practical examples from hypothetical and/or real examples from enterprises or public institutions; during each subject are resolved several multiple choice questions; at the end of each subject, students have a practical test.