30380 - International Accounting

Learning outcomes

"At the end of this course, the students gain the tools to understand the international dimension of accounting. The main reference is towards IFRS (International Financial Reporting Standards) issued by IASB. The students also take into consideration the activity of the Italian Accounting Standards Setter and the American Financial Accounting Standards Board."

Course contents

The INTERNATIONAL ACCOUNTING MODULE (30380) focuses on understanding financial reporting issues such as the acquisition of tangible and intangible assets, impairment and disposal of assets, etc. At the end of this module, students should have the comprehensive knowledge and understanding of financial reporting necessary to act as professional consultants or financial managers. Specifically, students will be able: (1) to understand the requirements of specific international accounting standards, (2) to understand how firms should apply the accounting standards’ requirements, and (3) to understand the effects of financial and non-financial reporting on the behaviour of managers, investors, and other stakeholders of multinational organizations.

This course is relevant for students who want to pursue careers in the financial industry, consulting firms, investment banking (particularly in equity research), private equity funds, or corporate finance. At the end of the course, you will be able to: (1) search for and find the regulatory and economic information necessary to make informed decisions, (2) analyze complex transactions based on data available, and (3) communicate effectively technical and quantitative matters to the various financial market participants.

Readings/Bibliography

Kieso, Weygandt, Warfield. Intermediate Accounting IFRS, 4th Ed, 2020.

Slides and any other material posted on VIRTUALE.

Assessment methods

The final grade for this course is based on final written exam and a group project (as described in the syllabus). The course's final grade is out of 32 points, where 32 grants you the LODE. This is the assessment grid: (a) <18 insufficient; (b) 18-23 sufficient; (c) 24-27 average/good; (d) 28-30 very good; (e) 30 cum laude excellent/outstanding.

Office hours

See the website of Lorenzo Dal Maso