69230 - Managerial Accounting and Reporting In Tourism

Learning outcomes

At the end of the course, the student is able to know the recent developments of
accounting theory and the theory of firms; applies the management
reporting systems and the proper tools of general accountancy to the
tourism system; defines the economic, financial, social and
environmental aspects of the business transactions and translate them
into the accounting system. More specifically, the student is able to
critically evaluate the systems of social and environmental accounting
specifically developed for sustainable tourism.

Course contents

1)PART I: Managerial Accounting and reporting

in tourism entities (30 h.) (22nd Sept-30th Oct.)

2)PART II: Social and Environmental accounting

 and reporting for sustainable tourism (30 h.)

(10th Nov.-18th Dec.)

3)LABORATORY (RENATO MEDEI) (30 h.)

                             Period : from 22nd Sept to 15th Dec.

 

Ø                             Time : Mon. 9-11 a.m.(room Angherà 3); Wed. 9-11 a.m.( room Angherà 3)

            Thur. 11 a.m.- 1 p.m.(room: Part I- Angherà 3; part II Alberti 3)

 

Ø                             Receiving students time- Prof.ssa Baldarelli:  Wedn. 2.30 pm, Via Angherà 22- Prof. Baldarelli's office (1.8)

PROGRAM OF THE COURSE

The course will start on 22ND SEPT.

The course has the objective to know performance measurement instruments of enterprise, that are essential for decision making processes involving economic, financial, social and environmental issues.

Program

1)PART I: Managerial Accounting and reporting

in tourism entities (30 h.) (22nd Sept-30th Oct.)

- Management control of the tourism enterprise that passes from profit maximisation objective to more objectives: economic, financial, social, environmental and ethical ones.

- Decision making process of the tourism enterprise that operates in the global markets and instruments to support it.

-Management accounting tools for strategic management and operational management of tourism enterprises.

 

 Bibliography:

Raymond S. Schmidgall, Hospitality Industry managerial accounting. 7th ed, 2010 (Ch. 1, 2, 5,6,7(until pag.335)

TEACHING NOTES - ON THE WEBSITE OF THE COURSE

To be specified

2)PART II: Social and Environmental accounting

 and reporting for sustainable tourism (30 h.)

(10th Nov.-18th Dec.)

- New management: social, environmental and sustainable accounting tools to sustain decision making process.

- Social and environmental accounting systems in tourism.

- Environmental costs.

Bibliography:

R. Gray, C. A. Adams, D. Owen, Accountability, Social responsibility and sustainability. Accounting for society and environment,  Pearson, 2014(Ch.1, 3, 4, 9, 13,14) 

LECTURE NOTES TO STUDY ON THE WEBSITE

1-M.G. Baldarelli,    “Managing inter-company relations and corporate social responsibility(CSR) in an highly Italian tourist area”, in AA.VV., Proceedengs of 4th International Conference on Global Challenges for competitiveness: Business and Government Perspective, Pula, Juraj dobrila University of Pula- Department of Economics and Tourism “Dr. Mijo Mirkovic”, 2007,  pp. 133-137.- Teaching notes n. 1

2-GRI-  on the website: https://www.globalreporting.org

3-Brundtland Report on the website: www.un-documents.net/wced-ocf.htm

4-Network and CSR(Teaching notes n. 2)

5-Sustainable tourism (Teaching notes n. 3)

 

3) PART III - LABORATORY (RENATO MEDEI) (30 h.)

TIMETABLE(lab-Part I): 10 October; h: 3-6 pm; room: Alberti 5

                           17 October; h: 3-6 pm; room: Alberti 5

 

TIMETABLE(lab-Part II -10th Nov.-15th Dec.):

Tuesday and Friday; h:9-11 am; room: Alberti 12

 

 

****************

 -During II term of  lectures-discussion papers/cases

 DISCUSSION OF PAPERS/CASES IN GROUPS :

We will organize some groups of students of 5 members maximum.

Each group must make no more then 10 slides for paper/case presentation.

Students must show presentations during lectures time and before the end of the course.

For each presentation the teacher can recognize the evaluation 0-3 that will be useful for the vote of the final exam

Each

ABOUT THE EXAM

 

The exam is composed of a written test (90% of the final mark).

 Discussion of papers or cases (5% of the final mark). 

Laboratory of Managerial accounting (5% of the final mark))

The exam has to be completed in the same date. It is not possible to bring books, personal notes or electronic devices in the exam. Registration for the exam is compulsory, and students have to register through AlmaEsami according to the general rules of the School of Economics, Management and Statistics.

Final exam: Written exam. For Part I (47% of the final mark)  is scheduled at the end of the course(19th January 2015), It is composed  2 or 3 open questions and 2 exercises about budget and economic convenience decision makings ;For the Part II (48% of the final mark) written exam,  It is scheduled at the end of the course (19th January 2014), It is composed of  2 or 3 open questions and  obout social , environmental and sustainability accounting and reporting and one teaching case to analyze. The exam is 2h long. The mark is out of 30 points, and the minimum required to pass the exam is 18 / 30.

 

 

 

 

 

 

 

Readings/Bibliography

PART I

1- Management control of the tourism enterprise that passes from profit maximisation objective to more objectives: economic, financial, social, environmental and ethical ones.

2- Decision making process of the tourism enterprise that operates in the global markets and instruments to support it.

3-Management accounting tools for strategic management and operational management of tourism enterprises.

 

 Bibliography:

Raymond S. Schmidgall, Hospitality Industry managerial accounting. 7th ed, 2010. (Ch: 1, 2, 5, 6, 7 e 10)

Ray Proctor, Managerial Accounting.Decision Making and Performance Improvement
4th Edition,  2012, Paperback. (for students that don't attend lessons)

 LECTURES NOTES AND EXERCICES ON THE WEBSITE

-M.G. Baldarelli, “The italian travel agencies and tour operators: role evolution and information system”, The Tourist Review, N° 3 – 2000, pp. 42-54

-Exercices

PART II (Second term)

4- New management: social, environmental and sustainable accounting tools to sustain decision making process.

5- Social and environmental accounting systems.

6- Environmental costs and Rainbow method applied to sustainable tourism enterprises.

 

Bibliography

 R. Gray, C. A. Adams, D. Owen, Accountability, Social responsibility and sustainability. Accounting for society and environment,  Pearson, 2014. 

LECTURES NOTES TO STUDY ON THE WEBSITE

1-M.G. Baldarelli,    “Managing inter-company relations and corporate social responsibility(CSR) in an highly Italian tourist area”, in AA.VV., Proceedengs of 4th International Conference on Global Challenges for competitiveness: Business and Government Perspective, Pula, Juraj dobrila University of Pula- Department of Economics and Tourism “Dr. Mijo Mirkovic”, 2007,  pp. 133-137.

2-GRI- issues on the website: https://www.globalreporting.org

3-Brundtland Report on the website: www.un-documents.net/wced-ocf.htm

4-Network and CSR(Teaching notes 2)

5-Sustainable tourism (Teaching notes 3)

Teaching methods

Lectures, laboratory, case studies, seminars and workshops.

Assessment methods

The exam is aimed at evaluating the skills and the critical abilities developed by the students as regards to: the analysis and interpretation of recent managerial accounting and their application to tourism; the evaluation of the relationship between tourism specialisation and sustainability accounting and accountability in an international context; the comparison of theoretical results with empirical evidence; the undertaking of empirical research in tourism managerial, social and environmental accounting, stemming from the collection of data, their interpretation and the ability to communicate the main results in a report.

The exam is composed of a written test (90% of the final mark).

 Discussion of papers or cases (5% of the final mark). 

Laboratory of Managerial accounting (5% of the final mark))

The exam has to be completed in the same date. It is not possible to bring books, personal notes or electronic devices in the exam. Registration for the exam is compulsory, and students have to register through AlmaEsami according to the general rules of the School of Economics, Management and Statistics.

Final exam: Written exam. For Part I (47% of the final mark)  is scheduled at the end of the course(January 2015), It is composed  2 or 3 open questions and 2 exercises about budget and economic convenience decision makings ;For the Part II (48% of the final mark) written exam,  It is scheduled at the end of the course (January 2014), It is composed of  2 or 3 open questions and  obout social , environmental and sustainability accounting and reporting and one teaching case to analyze. The exam is 2h long. The mark is out of 30 points, and the minimum required to pass the exam is 18 / 30.

 

 

Teaching tools

Frontal lessons, laboratory, case study , seminars and workshops

Office hours

See the website of Maria-Gabriella Baldarelli