89945 - Financial Reporting and Analysis

Academic Year 2022/2023

  • Docente: Selena Aureli
  • Credits: 6
  • SSD: SECS-P/07
  • Language: English
  • Teaching Mode: Traditional lectures
  • Campus: Rimini
  • Corso: Second cycle degree programme (LM) in Business Administration and Management (cod. 8842)

Learning outcomes

The course focuses on the basic concepts of financial accounting, which involves the preparation of financial statements. Students will be able to analyze and interpret three key financial statements ( the Income Statement, the Balance Sheet and the Cash Flow Statement) and other financial information like ratios and key performance indicators used by managers and investors in their decision making process. In addition, students will be able to detect differences in annual reports due to national and international accounting standards to better compare company financial performance

Course contents

The course will focus on the following topics:

1) Financial Accounting vs Managerial Accounting

2) Basic accounting concepts (e.g. accrual accounting, going concern, materiality)

3) Financial Statements:

- The Balance Sheet

- Income Statement

- Cash flow statement

4) Common Size analysis and comparative analysis of company Financial Statements

5) Margins and profitability ratios and other financial ratios

6) Reporting and Disclosure: IAS/IFRS (IAS framework and some selected standards, e.g. IAS 16, IAS 36 )

7) Disclosure of Non-financial information: reporting of ESG (Environmental, Social and Governance) aspects through the Integrated Report

 

Readings/Bibliography

Selected chapters of the following book that will be listed by the professor during the first day of class and reported in the online teaching material :

"Accounting : what the numbers mean" by David H. Marshall, Wayne W. McManus, Daniel F. Viele - 10. ed, New York : McGraw-Hill, 2014

And

Teaching material (ppt slides and pdf files) distributed by the teacher and downloadable from the Unibo repository:VIRTUALE

Teaching methods

The professor will give lectures in presence at Rimini Campus. Students will attend lectures, try to solve ongoing tests and problem sheets.

When applicable, external key speakers (e.g. company managers or foreign visiting professors) will be invited to give a lecture in class.


The lessons will be supported by power point slides.

During class, exercices will require the use of calculator or excel.

The last topic of the program (Dislcoure of Non financial reporting) will be delivered through an interactive game to be played in class. The game uses a special box with the necessary tools to create an Integrated REport. Students will be grouped in teams.

Assessment methods

Students are assessed based on:

  • a written exam made by multiple choice questions, open questions and exercises (80% of the total grade) and
  • the participation to the interactive game that will be played in class during the course (20% of the total grade)

The written exam will take place in presence at Rimini Campus. Students have to enrol to the exam through Almaesami (this is compulsory). Students might be organized in shifts on the day of the exam, if their number exceed a certain threshold.

The written exam is always made by multiple choice questions, open questions and exercises. The exam is designed to assess the knowledge of students and their ability to use the concepts to solve problems.

Students have to enrol to the exam through Almaesami (this is compulsory).

If computer labs are available at Rimini Campus, the exam will be held in a computer lab, in front of the pc. Students might be organized in shifts on the same day, if their number exceed a certain threshold (i.e., the number of seats in the computer lab)

Attending classes in presence or not will not be evalutated by the professor.

Students will pass the exam with a grade of at least 18 out of 30. The following structure indicates the range of possible grandes:

< 18: insufficient (not passed)

18-23: sufficient

24-27: good

28-30: very good

30 cum laude: excellent

Teaching tools

https://virtuale.unibo.it

Office hours

See the website of Selena Aureli

SDGs

Quality education Decent work and economic growth

This teaching activity contributes to the achievement of the Sustainable Development Goals of the UN 2030 Agenda.