Teaching code

4S02459

Academic staff

Francesca Rossignoli, Cristina Florio

Coordinatore

Francesca Rossignoli

Credits

9

Also offered in courses:

• Financial accounting of the course Bachelor's degree in Economics, Firms and International Markets

Language

Italian

Scientific Disciplinary Sector (SSD)

SECS-P/07 - BUSINESS ADMINISTRATION AND ACCOUNTING STUDIES

Period

primo semestre (lauree) dal Sep 20, 2021 al Jan 14, 2022.

Lessons timetable Moodle Seminars

Learning outcomes

The course aims to develop the knowledge about foundation and interpretation of the financial statements.
The classification and evaluation criteria are studied in the perspective of national legislation and international accounting standards (IAS/IFRS).
During the course basic knowledge about the innovative corporate reporting will be developed.
A business case study will be analyzed during the course with the aim to let students gain the skills necessary to face with practical accounting issues about the financial statement’s preparation, analysis and interpretation.
At the end of the course the student must demonstrate: i) the capability to take the main classification and evaluation choices as starting point to draft a financial statement according to both the national legislation and international accounting standards; ii) the ability to carry out a financial statement analysis (financial statement reclassification, indexes calculation and flows calculation); and iii) the capability to read, understand and interpret the analyzed financial statement.

Program

Part I - Financial statement theory and the financial statement frameworks
1. Financial statement functions
2. Financial statement discipline in accordance with national law and international accounting standards
3. General principles of the financial statement
4. Financial statement structure and contents in accordance with national law and international accounting standards
5. Innovative forms of corporate reporting - Towards Integrated Reporting


Part II – Evaluations on the financial statement contents in accordance with national law and international accounting standards
6. Assets evaluation
6.1 Property, plant and equipment
6.2 Intangible assets; the recognition and representation of innovations output
6.3 Financial long-term assets, equity investments and other financial instruments
7. Evaluation of current assets
7.1. Inventories
7.2. Work in progress
7.3. Credits
8. Other assets
8. Evaluation of liabilities


Part III – Areas of employment of the financial statements: the financial statement analysis
10. Aims, potentialities and limits of the financial statement analysis
11. Areas of employment and techniques for the financial statement analysis
12. Reclassification technique
13. The indexes calculation technique
14. Flow calculation technique

Part IV - Introduction to the consolidated financial statement

Teaching methods
The teaching methods adopted for the academic year 2021/22 take into account the government and the University provisions for the management of the pandemic crisis. Therefore, the activities carried out will be provided face-to-face and / or remotely according to the regulations in force during the semester.
The teaching methods consist of: i) lectures accompanied by cases and examples and ii) exercises useful for learning the application parts.
During the course, reference will be made to a business case whose financial statements will be discussed and interpreted.
A collective and individual tutoring service is available by a student enrolled in CdLM according to a calendar that will be made available on the Moodle platform. This service is aimed at supporting the performance of the exercises taken from the exercise book.

Bibliography

Examination Methods

The exam consists of a written test, further details will be explained later, considering the evolution of the pandemic emergency. No difference in exams between people attending classes and others.