The aim of the course is to analyze the national accounting standard for Financial reporting. The main topics are the objective and the structure of the financial reporting, the measurement criteria for the recognition of equity, earnings and their analytical components.
a) Knowledge and understanding
The course develop national regulation of financial reporting and propose a theoretical and technical analysis of the most important topics relating recognition and measurement of singular components of financial reporting. The course also develop the structure and the contents of balance sheet, income statement and notes. Finally, it analyse the fiscal regulation about the determination of income taxes. Students may understand the standard to determine accounting information and financial reporting.
b) Applying knowledge and understanding
Students attending the course would be able to determine and analyse financial reporting of companies of manufacturing and non financial services industry, and to determine income taxes of the companies.
c) Making judgements
Students attending the course would be able to individually satisfy problems related to the measurement of fixed assets, financial instruments, receivables and debts, inventories, financial statement schemes and the determination of income taxes.
d) Communication skills
The course allows students to relate to Chief Financial Officer, internal and external auditors over topics about financial statements, financial reporting and income taxes.
e) Learning skills
Students, with traditional lessons, exercises and cases, develop skills to understand the contents of the course and use them at professional level.