BOOKKEEPING AND BALANCE SHEET
Course unit partition: Cognomi A-D

Academic year 2021/22
1° year of course - Second semester
Professor
Tatiana MAZZA
Academic discipline
()
Field
Ambito aggregato per crediti di sede
Type of training activity
hours
of face-to-face activities
credits
hub:
course unit
in

Course unit partition: BOOKKEEPING AND BALANCE SHEET

Learning objectives

At the end of the course, students are expected to: a) know and to be able to understand the national regulation for financial reporting. Specifically, students are expected to understand the objective and the structure of the financial reporting, the measurement criteria for the recognition of equity, earnings and their analytical components. b) to be able to use the skills and competencies; specifically, students are expected to be able to use the accounting standard for the preparation of financial statements. In other words, students are expected to be able to determine and analyse financial reporting of companies of non-financial services industry. c) develop autonomy of judgements in the choices related to the measurement of individual elements included in the financial statements (assets, liabilities, revenues, expenses). d) develop communication skills for managing the internal relations (e.g. among the Chief Financial Officer, internal auditors ) and the external relations (e.g. investors, creditors, external auditors, control authorities). e) develop further learning skills to continue the understanding the financial statement and improve their professional position.

Prerequisites

- - -

Course unit content

The contents of the course are focused on the discipline of the financial statements required by the Italian Civil Code and the accounting principles of OIC. Specifically, they include the following topics: 1. Regulation of the financial reporting 2. The objective of financial reporting 3. The documents of the financial statements 4.Notes and Management Report 5. Tangible and intangible assets 6. Investments 7. Inventories 8. Bonds 9. Receivables, debt and provision 10. Income taxes 11. Derivate Financial Instruments

Full programme

National accounting principles for financial reporting that include these topics:
1. International harmonization of financial reporting
2. The objective of financial reporting
3. The documents of the financial statements
4. Notes and management report
5. Tangible and intangible assets
6. Equity investments
7. Inventories
8. Debt financial instruments
9. Receivables, debt and provision
10. Income taxes
11. Derivatives financial instruments

Bibliography

Azzali S. (a cura di), Financial Reporting and Accounting Standard, Giappichelli, Torino, 2021
Gabrielli G, Todaro D.L. (a cura di), Eserciziario di Financial Reporting and Accounting Standards, Giappichelli, 2021, ebook

Teaching methods

Acquisition of knowledge: face-to-face lessons (video-recorded lessons will be uploaded on Elly platform).
Acquisition of capability in applying knowledge: exercitations
Acquisition of autonomy in judgment: exercitations
Acquisition of learning skills: lectures developed in mixed method and seminars will present problematic situations, stimulate the focus on critical issues and propose appropriate solutions.
Acquisition of technical language: during the course will be illustrated the main accounting words
The slides used to support the lessons are loaded weekly on Elly; the same for integrative documents, in particular related to the exercises. To download the slides it is necessary to register on the online course. For a good preparation of the exam it is fundamental the use and the study of the text of reference; the slides are used only as a support for the lessons and they don't replace the text.

Assessment methods and criteria

The exam methods will be different depending on the possibility of carrying out it completely in presence (ordinary method) or completely online, considering the Covid-19 pandemic situation.
The typology of exam in presence or online will be communicated to students on time, also according to the legislative context in force at the time of the exam.

IN PRESENCE EXAM
The ability assessment of the learning is verified with a written exam with 2 questions and 2 exercises, equal weighted (8 points for each part). Questions aim to appreciate the knowledge and understanding, the communication skills, technical skills and making judgments. Exercises aim to evaluate the applying knowledge. The rating scale is 0-32; the student who reaches the evaluation of 31 and 32 achieves the evaluation of 30 and “lode”.
The questions have the objective of measuring the level of knowledge acquired, the communication skills, the adequacy in the use of technical language and the autonomy of judgment; the exercises aim to measure the applicative skills of knowledge.
During the test the use of calculator is allowed.
The results of the test are published on ESSE3.
In addition to the ordinary exam sessions to which you register through ESSE3, a final exam is scheduled at the end of the course, whose procedures are described on time in Elly on the course page and which can be accessed by all students (both attending and non-attending students of any year of the course).

ONLINE COMPLETE EXAM DUE TO PANDEMIC SITUATION
Written exam.
Verification of learning is carried out through Elly platform with a written test and then it will be followed by an oral exam of the confirmation of the vote taken in the test. The written test last 25 minutes with 8 questions and 8 multiple choice exercises:
- 8 questions related to theoretical aspects of the program; each question has three possible answers;
- 8 exercises related to practical aspects; each exercise has three possible answers.
Questions and exercises have the same weight on the final evaluation.
The 8 questions assign 2 points each in case of correct answer, 1 point in case of partially correct answer and 0 points in case of wrong answer, for a maximum total of 16 points
The 8 exercises assign 2 points each for each correct answer, 0 points in case of wrong or missing answer, for a maximum total of 16 points.
The rating scale is 0-32; the student who reaches the evaluation of 31 and 32 achieves the evaluation of 30 and “lode”.
After the written test, a short oral test will be held to confirm the mark obtained in the written test.
In the event of a non-positive outcome of the oral confirmation test, the student will have to take a complete oral test to have a final mark.
The questions aim to measure the level of knowledge acquired, communication skills, adequacy in the use of technical language and
autonomy of judgment.
The exercises aim to measure the applicative skills of knowledge.
The use of a calculator is allowed during the test.
The program for attending and non-attending students is the same.
The possibility of taking a final exam at the end of the cycle of lessons, before the ordinary session, may be evaluated.
The test results are published on the ESSE3 portal.

Other information

- - -