2017-2018 / GEST3028-2

Accounting and management


24h Th, 24h Pr

Number of credits

 Bachelor in bioengineering4 crédits 
 Master in agroecology (120 ECTS)4 crédits 
 Master in agricultural bioengineering (120 ECTS)4 crédits 
 Master in bioengineering : chemistry and bio-industries (120 ECTS)4 crédits 
 Master in environmental bioengineering (120 ECTS)4 crédits 
 Master in forests and natural areas engineering (120 ECTS)4 crédits 


Thomas Dogot, Philippe Lebailly


Philippe Lebailly

Language(s) of instruction

French language

Organisation and examination

Teaching in the first semester, review in January

Units courses prerequisite and corequisite

Prerequisite or corequisite units are presented within each program

Learning unit contents

First section: general accounting 1.1. Introduction 1.2. Basic principles 1.3. General rules of bookkeeping 1.4. Real accounting holding 1.5. The balance sheet accounts: assests 1.6. The balance sheet accounts: liabilities and methods of inventory valuation 1.7. The results accounts Second section: financial management 2.1. Financial analysis: the ratio method 2.2. Working capital management 2.3. Measurement of the company's performances 2.4. Practical works on balance sheets analysis Third section: introduction to "green accounting" 3.1 Definition and evaluation of environmental costs 3.2 Principles of externalities internalization 3.3 Principles of cost-benefit analysis Part IV: Business plan 4.1 Contents of a business plan 4.2 Practical works

Learning outcomes of the learning unit

After completing the course the student is expected to master the accounting basic techniques. Establish the balance and the account of the results of a company. Understand and analyse books accounting of a company including social and environmental reports. Make a business plan.
The course helps develop students' skills in the following stages of development:

  • Analyze the internal components of a production system
  • Apply an optimization strategy for a component of a known production system, in terms of economic sustainability
  • Write a business plan based on specifications
  • Plan and implement activities related to specific project objectives and monitor and report on the financial resources involved
  • Manage all the financial, human and technical resources and resources of a project in order to meet its overall
  • Integrate a group in accordance with the rules of the organization

Prerequisite knowledge and skills

Planned learning activities and teaching methods

Mode of delivery (face-to-face ; distance-learning)

Face-to-face lectures: 24 h
Exercices: 24 h

Recommended or required readings

J.P. Gillet, V. Ginsburgh, P. Michel et Khrouz Comptabilité, De Boeck

Assessment methods and criteria

Written examination (60 %) Personal work (40%). The final note is the weighted average of the note obtained in the written examination and the note obtained for the personal works as far as a note higher or equal to 7/20 is obtained for each of these two evaluations otherwise the final score is capped at 7/20. The personal work results in a single note for both exam sessions.

Work placement(s)

Organizational remarks


Lebailly Philippe (professeur ordinaire) philippe.lebailly@ulg.ac.be +32 81 622361
Dogot Thomas (chargé de cours) thomas.dogot@ulg.ac.be +32 81 622364
Bât GE Gembloux Agro-Bio Tech passage des Déportés 2 5030 Gembloux