Learning objectives
a. Knowledge and understandings:
The course aims to develop the critical reading of the financial statements prepared both according to the International Financial Reporting Standards (IAS/IFRS) and to the national accounting principles, so as the consolidated financial statements. After the course, the student will be in the position to extract many information on the company by reclassifying the elements of the financial statements, by computing some essential indexes and by critical reading of the information contained in the notes. He will be in the position to identify if the entity operates in a financial equilibrium or not and other risk elements. Furthermore, the student will use some financial figures as elements for the valuation of the company. Finally, he will be able to identify main information differences between financial statements prepared according to the International Financial Reporting Standards (IFRS), financial statements prepared according to Italian accounting principles and consolidated financial statements.
b. Application of the knowledge: the course will require to the student to connect many subjects developing his professional skeptical approach.
c. Independent valuation: at the end of the course, the student should be in the position to perform a critical analysis of an entity by analyzing its financial statements and related documents, essential activity in many businesses.
d. Communication skills: the contents of the course will be communicate using advanced teaching methods, exercises and cases and by an active role of the student during the lessons.