Evento rientra nelle attività organizzate per il 40° Anniversario di Economia
Financial planning and investment valuation are typically treated as separate problems, despite being intrinsically linked. This divide is reflected in academic practice, where financial planning is primarily taught in accounting, while valuation is developed in corporate finance (and, to some extent, in financial mathematics).
This seminar introduces the Split Screen Matrix, a structured analytical framework that unifies accounting, corporate finance, and financial mathematics into a single architecture for capital budgeting. The approach is built on a simple and intuitive toolkit: three core concepts (capital, income, and cash flow), two fundamental principles – the law of motion (governing intertemporal evolution) and the law of conservation (ensuring instant-by-instant equilibrium) – and one organizing structure, the Split Screen Matrix. Together, these elements link the balance sheet, income statement, and cash flow statement into a unified dynamic system. This integrated perspective allows analysts to track how operating activities, financing choices, and cash distributions jointly shape the evolution of capital, income, and cash flow for projects, firms, and benchmark portfolios.
By presenting all three statements in a single visual framework, the Split Screen approach turns financial reporting into an interactive analytical tool where accounting and corporate finance converge. Within this structure, valuation metrics often viewed as distinct or even conflicting – such as net present value, residual income, and accounting rates of return – emerge as complementary projections of the same underlying system.
By grounding both planning and valuation in a common set of principles, the framework provides a coherent lens that enhances transparency, supports interpretation, and simplifies learning, teaching, and application across academic and professional contexts.
