Learning objectives
In the first part of the course the focus is on basic concept regarding financial statement, and then on some specific issues, that are considered critical and very relevant in issuing a financial statement. In the second part, the aim i sto analyse the other documents that compose the financial statement, like cash flow statement, notes to the financial statement, management commentary, made also thanks to seminaries with auditors and the reading of real financial statements. At the end of the course, the students will be able to:
a) comprehend the contents of national accounting standars
b) issue and read financial statements with a critical point of view
c) to be autonomy in judging a financial statement and the related disclosure
d) to speak with auditors, accountants and financial and accounting directors in relation to financial statement critical aspects
e) to use several sources
Prerequisites
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Course unit content
Legislation and accounting standards for financial statement
Tables of the financial statement
The single voices of the inancial statement according to national accounting standards. Particularly:
- tangible, intangibile, financial assets
- raw materials
- financial investments
- current and deferred taxes
- consolidated fiscal declaration: accounting aspects
- disclosure about related parties operation
- going concern in financial statement
Cash flow statement
Management commentary
Notes to the financial statement
Analysis of some financial statements of real companies
Full programme
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Bibliography
PRINCIPI CONTABILI NAZIONALI - ED. IL SOLE 24 ORE - 2012
C.TEODORI, IL RENDICONTO FINANZIARIO: CARATTERISTICHE, RUOLO INFORMATIVO ED INTERPRETAZIONE, 2009, GIAPPICHELLI
Teaching methods
Acquisition of knowledge: frontal lessons
Acquisition of capability in applying knowledge: exercitations
Acquisition of autonomy in judgment: during the course the students will be stimulated to individuate critical aspects in financial statements
Acquisition of technical language: during the course will be illustrated the main accounting words
Assessment methods and criteria
Written exam, with the possibility to join in a work group
Acquisition of knowledge: 2 questions regarding theory
Acquisition of capability in applying knowledge: 1 exercise
Acquisition of autonomy in judgment: questions and work group
Acquisition of technical language: questions
Other information
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