89945 - FINANCIAL REPORTING AND ANALYSIS

Conoscenze e abilità da conseguire

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

Contenuti

1) Financial Accounting vs Managerial Accounting

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

3) Financial Statements: The Balance Sheet

4) Common Size analysis and ratios of liquidity and solvency

5) Financial Statements: The Income Statement

6) Comparative analysis, margins and profitability ratios

7) Financial Statements: The Cash Flow Statement

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

9) Disclosure of Non-financial information (environmental, social and governance aspects) in light of EU Directive 2014/95/UE

Testi/Bibliografia

Selected chapters of the following book:

"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: iol.unibo.it

Metodi didattici

Case studies, ongoing tests and problem sheets.

When applicable, students will have the possibility to interact with company managers and visiting professors

Modalità di verifica e valutazione dell'apprendimento

Written exam

Strumenti a supporto della didattica

Instructions will be provided the first day of class

Orario di ricevimento

Consulta il sito web di Selena Aureli