{"id":126400,"date":"2024-09-30T09:27:21","date_gmt":"2024-09-30T07:27:21","guid":{"rendered":"https:\/\/www.bbs.unibo.it\/?post_type=open-program&#038;p=126400"},"modified":"2025-04-01T16:58:52","modified_gmt":"2025-04-01T14:58:52","slug":"finance-for-non-finance-manager-2-management-control-and-cost-analysis","status":"publish","type":"open-program","link":"https:\/\/www.bbs.unibo.it\/en\/open-program\/finance-for-non-finance-manager-2-management-control-and-cost-analysis\/","title":{"rendered":"Finance for Non Finance Manager 2: Management control and cost analysis"},"content":{"rendered":"<p><strong>Management Accounting or Management Control is that part of accounting that, as the term itself implies, has only one client: the manager.<\/strong><\/p>\n<p><strong>Not external investors, not public administrations or partners (customers and suppliers), but only managers and entrepreneurs of the company who need economic and financial information on a daily basis in order to carry out their activities effectively.<\/strong> This is precisely why any manager should possess at least basic knowledge of Management Accounting.<\/p>\n<p>Specifically, managers need Management Accounting to play two fundamental roles.<\/p>\n<p>The first is <strong>to provide them with focused and timely economic and financial information to support the various decisions<\/strong> they make every day (bids to be submitted, investments to be made, suppliers to be selected, personnel to be hired or activities to be outsourced).<\/p>\n<p>The second is <strong>to develop a control process aimed at measuring performance<\/strong>, comparing it with budget objectives, in order to keep the various business areas \u2018under control\u2019 and effectively directed towards the pursuit of strategic objectives, according to the famous saying \u2018you can only get what you measure\u2019.<\/p>\n<p><strong>The course enables managers and entrepreneurs without an administrative background to understand how to analyse company costs, how to develop the process of budgeting and measuring performance, and teaches an original and complete model of which economic-financial analysis to develop as a function of specific managerial decisions to be made.<\/strong><\/p>\n<p>The course is divided into <strong>6\u00a0teaching sessions<\/strong> to be attended on blended.<\/p>\n<p><strong>The teaching approach will be extremely pragmatic and accompanied by numerous applied cases.<\/strong><\/p>\n<p>&nbsp;<\/p>\n<p><strong>Accreditation<\/strong><\/p>\n<p><img decoding=\"async\" src=\"https:\/\/www.bbs.unibo.it\/wp-content\/uploads\/2021\/10\/equis.png\" alt=\"EQUIS\" \/><\/p>\n<p>Bologna Business School is\u00a0<strong>EQUIS \u2013 EFMD Quality Improvement System<\/strong>\u00a0accredited, one of the most important international quality assessment and continuous improvement systems for Schools of Management and Business Administration.<\/p>\n<div class=\"youtube-responsive-container bg-secondary\"><iframe data-cookieconsent=\"marketing\"  title=\"Open Programs\" width=\"500\" height=\"281\" data-src=\"https:\/\/www.youtube.com\/embed\/iNdLW7gdYPc?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/div>\n<div class=\"cookieconsent-optout-marketing cookiebot-embed-placeholder bg-white\"><a href=\"javascript:Cookiebot.renew()\">We set up our site so that YouTube does not send cookies to you unless you play the video.<\/a><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Management Accounting or Management Control is that part of accounting that, as the term itself implies, has only one client: the manager. Not external investors, not public administrations or partners (customers and suppliers), but only managers and entrepreneurs of the company who need economic and financial information on a daily basis in order to carry [&hellip;]<\/p>\n","protected":false},"author":111,"featured_media":0,"menu_order":0,"template":"","class_list":["post-126400","open-program","type-open-program","status-publish","hentry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Finance for Non Finance Manager 2: Management control and cost analysis | BBS<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.bbs.unibo.it\/en\/open-program\/finance-for-non-finance-manager-2-management-control-and-cost-analysis\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Finance for Non Finance Manager 2: Management control and cost analysis | BBS\" \/>\n<meta property=\"og:description\" content=\"Management Accounting or Management Control is that part of accounting that, as the term itself implies, has only one client: the manager. 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