84552 - Accounting And Financial Statements

Course Unit Page

  • Teacher Eleonora Monaco

  • Learning modules Eleonora Monaco (Modulo 1)
    Ileana Steccolini (Modulo 2)

  • Credits 8

  • SSD SECS-P/07

  • Teaching Mode Traditional lectures (Modulo 1)
    Traditional lectures (Modulo 2)

  • Language English

  • Campus of Bologna

  • Degree Programme First cycle degree programme (L) in Economics, Politics and Social Sciences (cod. 5819)


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

Quality education Decent work and economic growth Industry, innovation and infrastructure

Academic Year 2022/2023

Learning outcomes

The course aims to introduce students to accounting and financial statements and prepare them to deal effectively with this subject in the international arena. To that end, we will focus on both financial and management accounting theory and practice. At the end of the course, the students will be able to understand double-entry bookkeeping rules, prepare and read financial statements, and use management accounting techniques for decision making in private, public and non-profit organizations.

Course contents

Introduction to Business: definition of firm as system, classification and its relation with the environment
Conceptual framework
The recording process
Accounting for merchandising operations
Receivables and liabilities
PPE, intangibles, and other investments
Share transactions, dividends, and retained earnings
Adjusting the accounts and completing the accounting cycle
Closing entries and preparation of financial statements
Preparation of financial statements
Non-financial reporting: ESG reporting, metrics and effects on disclosure (environmental, social and governance information)
Cultural diversity and accounting practices: ethics and financial reporting in Asian vs European countries


Lectures and readings will be in English.

Weygandt, Jerry J.; Kimmel, Paul D. and Kieso, Donald E. (2018) Financial Accounting: IFRS Edition, 4rd. Edition. John Wiley & Sons.

Case studies and support material delivered or assigned in class


Teaching methods

Lectures, cases and workshops

Assessment methods

The assessment is based on two elements:

a) the written exam grade and b) a group project.

The exam can be taken by participating in two mini-exams or by participating in the final exam.
Mini-exams: the first mini-exam is organized at the end of the first cycle of lessons, the second mini-exam is organized at the end of the entire course.

Please refer to the rules stated in the course syllabus published on Virtuale.

Teaching tools

The teaching tools are slides, exercises, projector and blackboard

Office hours

See the website of Eleonora Monaco

See the website of Ileana Steccolini