Learning objectives
The main objective of the course is to develop two kind of topics: 1)
extraordinary operation and business combinations 2) financial reporting
analisys.
a. Knowledge and understanding:
The course allows students to understand skills about the extraordinary
operations of the companies (Merger and acquisition, Business
Combination, etc) and the financial reporting analysis for internal and
external purposes.
b. Applying knowledge and understanding: At the end of the course,
students would be able to employ with efficacy the two main instruments
(extraordinary operations and financial reporting analysis) in both
professional activities (emploee in the companies or certified public
accountants) and as stakeholder. c. Making judgements: The student, at
the end of the course, would be able to realize financial reporting
analysis and extraordinary operations in the companies. d.
Communication Skills: Students would be able to conduct relation with
the top management of the companies or with other specialists in the
companies involved in financial reporting analysis and extraordinary
operations. e. Learning skills: The contents of the course can be
understood with traditional lessons, exercises, case studies, involving an
an active role of the students during the lessons
Prerequisites
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Course unit content
The course is divided into two parts:
1) analysis of financial ratios:
a) the reclassification of the balance sheet and income statement
b) the ratio analysis: solidity, liquidity and profitability
c) the construction of the cash flow statement and the study of financial flows
2) The Business combinations and configuration of business capital:
a) the supply and sale of the company
b) the merger and demerger
c) the transformation
d) the voluntary liquidation
Full programme
1. The reclassification of the balance sheet and income statement
2. The ratio analysis: solidity, liquidity and profitability
3. The construction of the cash flow statement and the study of financial flows
4. The Business combinations and configuration of business capital
5. The supply and sale of the company
6. The merger and demerger
7. La transformation
8. The voluntary liquidation
Bibliography
Teodori C., L’analisi di bilancio, Giappichelli, Torino, 2008, capitoli 1, 2, 3, 4, 5, 6, 7 e 8.
Fornaciari L., Le operazioni straordinarie tra normativa nazionale e principi contabili internazionali, Gippichelli, Torino, 2019.
Study materials (available on the course's web site and in the office photocopying of Department of economic and business sciences)
Teaching methods
Acquisition of knowledge: lectures
Acquisition of the skills to apply the analysis methodologies: exercises
Acquisition of the autonomy of judgment: the examples will stimulate the ability to critically assess the potentials and limits of the different methodological paths
Acquisition of learning skills: the examples will present problematic situations and stimulate to focus on critical issues and propose appropriate solutions
Acquisition of the technical language: during the teaching the meaning of the terms commonly used in the company will be illustrated
Assessment methods and criteria
The ability assessment of the learning is verified with a written exam with two open questions (evaluation 5/30 for each questions) and two exercises (evaluation 10/30 for each exercise). Questions aim to appreciate the knowledge and understanding, the communication skills, technical skills and making judgments. Exercises aim to evaluate the applying knowledge.
Furthermore, the learning assessment can consider the support of in itinere tests, during the course, which will be individually assessed in thirtieths and which will contribute to the final result in their average value. Sufficiency must be achieved in all the tests required to pass the course. The honors will be awarded to particularly deserving students who, in addition to having obtained a full evaluation in the performance of the test, have overall demonstrated an appreciable systematic knowledge of the topic, an excellent ability to apply the acquired knowledge to the specific problem in question, a significant autonomy of judgment, as well as particular care in the formal drafting of the paper. The use of a calculator is permitted during the exam; no other electronic device or support material is allowed.
The results of the exams will be communicated via the Esse3 platform. Any further information will be provided at the beginning of the course on the Elly platform
Other information
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