77298 - Crash Course In Accounting

Academic Year 2017/2018

  • Teaching Mode: Traditional lectures
  • Campus: Rimini
  • Corso: Second cycle degree programme (LM) in Business Administration and Management (cod. 8842)

Learning outcomes

Accounting is the language of business. In business, we use accounting to report everything we do. Whether it is paying employees, issuing a dividend to shareholders or purchasing a capital asset, there is a need to report it. Bookkeeping ensures that we have a history of every economic activity. Summarizing all of these transactions into financial statements provides us with a general snapshot of our performance and position in the marketplace. Having this financial information at our fingertips is key to planning and decision making.

With the crash course it is possible to familiarize yourself with basic concepts of Financial and Management Accounting that can be applied to business scenarios, time and time again.

Course contents

Introduction to acconting

The conceptual framework of financial accounting

The Double Entry Accounting System

The accounting equation

Basic financial accounting elements (Assets, Liabilties, Equity)

Depreciation and Amortization

Statement of financial position

Statement of financial performance

Accounting for decision making

Relevant costs for decision making

Readings/Bibliography

The course is based on lecturer's material, slides and exercizes.

For further readings you can consider the Financial Reporting course Bibliography section, particularly: Accounting: what the numbers mean, David H. Marshall, Wayne W. McManus, Daniel F. Viele - 10. ed, New York: McGraw-Hill, 2014. There is no need to use the book for the crash course.

Teaching methods

Slides, cases and exercizes

Assessment methods

Written exam with no marks (pass/fail)

Teaching tools

https://elearning-cds.unibo.it/course/view.php?id=12052

Office hours

See the website of Rebecca Levy Orelli