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 analysis 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) company lease
d) the transformation
e) 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 analysis 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. The company lease
8. La transformation
9. The voluntary liquidation
Bibliography
Fornaciari L., Todaro D. L, Profili contabili e fiscali delle operazioni straordinarie, Gippichelli, Torino, 2022.
C. Teodori, "Analisi di bilancio. Finalità, caratteristiche, interpretazione", IV ed., 2022 (september 2022), Giappichelli Editore, Torino.
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 and group work
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.
During the exam students will only be able to use the calculator.
The results of the written test will be published on the ESSE3 portal and students will be able to view the results, by appointment with the teacher.
For attending students and with regard to the part relating to the analysis of the financial statements, a classroom work will be organized in which the student will be able to analyze the financial statements of a company and present the results in the classroom. This work will be valorised and will allow the exam to be taken only in the second part of the course
Other information
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2030 agenda goals for sustainable development
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