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Establishment
Language of instruction
English
Teaching content
ACCOUNTING / AUDIT / CONTROL
This course occurs in the following program(s)
Training officer(s)
R.BARROSO
Stakeholder(s)
R.BARROSO
Présentation
Prerequisite
NA
Goal
At the end of the course, the student should be able to:
Demonstrate an expertise on key concepts, techniques and trends in the use of financial information in the fashion management industry.
The objectives of this course are:
- to understand the process of accumulating, identifying, measuring and recording economic information
- to evaluate the use of accounting information for both external and internal decision making by braking down complex organizational problems and applying the most relevant methodologies.
- to construct expert knowledge from cutting-edge information
We obtain those objectives by using state-of-the-art management techniques
- to formulate strategically-appropriate solutions to complex and unfamiliar challenges in their professional field
Demonstrate an expertise on key concepts, techniques and trends in the use of financial information in the fashion management industry.
The objectives of this course are:
- to understand the process of accumulating, identifying, measuring and recording economic information
- to evaluate the use of accounting information for both external and internal decision making by braking down complex organizational problems and applying the most relevant methodologies.
- to construct expert knowledge from cutting-edge information
We obtain those objectives by using state-of-the-art management techniques
- to formulate strategically-appropriate solutions to complex and unfamiliar challenges in their professional field
Presentation
The course is an introduction to accounting designed for business students. The main purpose of this course is to deal with the construction of accounting information and its external and internal use.
The approach is based on the following ideas:
- We adopt a user perspective, rather than a producer one, because most students will become users of financial statements, internally (managers, executives…) or externally (investors, analysts…), rather than preparers of financial statements. Hence, the financial information a company uses to internally determine its performance is also used by investors and analysts to assess a company in the marketplace.
- Decision-making is pivotal in the daily activity of managers. These decisions cover a wide range of topics, including launching products, pricing, make or buy decisions, dropping a product or an activity, etc. Managers make their decisions based on a mix of financial, economic and strategic analyses. One of the primary roles of accounting is to provide useful information for these decisions, assessing the profitability of alternatives. This course is aimed at providing students with various calculation methods that can be used for decision-making. - Decision-making is pivotal in the daily activity of managers. These decisions cover a wide range of topics, including launching products, pricing, make or buy decisions, dropping a product or an activity, etc. Managers make their decisions based on a mix of financial, economic and strategic analyses. One of the primary roles of accounting is to provide useful information for these decisions, assessing the profitability of alternatives. This course is aimed at providing students with various calculation methods that can be used for decision-making.
The approach is based on the following ideas:
- We adopt a user perspective, rather than a producer one, because most students will become users of financial statements, internally (managers, executives…) or externally (investors, analysts…), rather than preparers of financial statements. Hence, the financial information a company uses to internally determine its performance is also used by investors and analysts to assess a company in the marketplace.
- Decision-making is pivotal in the daily activity of managers. These decisions cover a wide range of topics, including launching products, pricing, make or buy decisions, dropping a product or an activity, etc. Managers make their decisions based on a mix of financial, economic and strategic analyses. One of the primary roles of accounting is to provide useful information for these decisions, assessing the profitability of alternatives. This course is aimed at providing students with various calculation methods that can be used for decision-making. - Decision-making is pivotal in the daily activity of managers. These decisions cover a wide range of topics, including launching products, pricing, make or buy decisions, dropping a product or an activity, etc. Managers make their decisions based on a mix of financial, economic and strategic analyses. One of the primary roles of accounting is to provide useful information for these decisions, assessing the profitability of alternatives. This course is aimed at providing students with various calculation methods that can be used for decision-making.
Modalités
Organization
| Type | Amount of time | Comment | |
|---|---|---|---|
| Présentiel | |||
| Cours interactif | 16,00 | in-class attendance | |
| Autoformation | |||
| Lecture du manuel de référence | 4,00 | self reading for the course | |
| Travail personnel | |||
| Group Project | 10,00 | ||
| Charge de travail personnel indicative | 20,00 | ||
| Overall student workload | 50,00 | ||
Evaluation
MCQ 40%
Group project 40%
participation 20%
Group project 40%
participation 20%
| Control type | Duration | Amount | Weighting |
|---|---|---|---|
| Contrôle continu | |||
| Participation | 16,00 | 1 | 20,00 |
| QCM | 1,00 | 1 | 40,00 |
| Autres | |||
| Projet Collectif | 6,00 | 2 | 40,00 |
| TOTAL | 100,00 | ||
Ressources
Bibliography
Financial Accounting and Reporting: A Global Perspective - co-authored by Prof. Hervé Stolowy with Prof. Michel Lebas and Prof. Yuan Ding
Cengage Learning, Andover, UK, 4th edition 2013
Malea Fashion District: How Successful Managers Use Financial Information to Grow - Antonio Davila & Daniel OyonVease Ediciones; 2nd edition (February 23, 2013)
Management and cost accounting - Prof. Colin DrurySouth-Western Cengage Learning, London, UK, 8th edition, 2013
Internet resources