84552 - ACCOUNTING AND FINANCIAL STATEMENTS

Conoscenze e abilità da conseguire

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.

Contenuti

A detailed course syllabus (with modules contents, teaching and assessment and exam rules) will be published on Virtuale.

 

Contents of Module 1  

Introduction to accounting. The role of accounting in markets, society and organizations

Main accounting concepts and principles

Purpose and contents of financial statements: focus on balance sheet and income statement

Reading financial statements: basic concepts

Preparing financial statements: basic concepts

The recording process

Accounting for merchandising operations

Inventories

 

Contents of Module 2

Assets, Liabilities

Equity, Dividends and Retained Earnings

Preparation of financial statements

Financial statement analysis and ratios

Non-financial reporting: ESG reporting

 

Testi/Bibliografia

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

www.iasb.org

Metodi didattici

Lectures and cases

Modalità di verifica e valutazione dell'apprendimento

The assessment is based on two elements:

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

The assessment will focus both on the understanding and concrete application of accounting concepts, principles and rules through an exam based on multiple choice questions and exercises, and the preparation and presentation of a group report concerning the analysis of financial statements.

More information about the valuation rules, acceptance (or rejection) of the exam grade and other details are available in the Syllabus published on Virtuale.

Strumenti a supporto della didattica

The teaching tools are slides, exercises, projector and blackboard

Link ad altre eventuali informazioni

https://virtuale.unibo.it/

Orario di ricevimento

Consulta il sito web di Ileana Steccolini

Consulta il sito web di Giacomo Andreani