Ateneo - UPO

The course explores the basic economic and business concepts underlying accounting, the theory of accounting estimates and the methodology for preparing and interpreting financial statements

- G.LOMBARDI STOCCHETTI, Valutazioni di bilancio (settima edizione), Pearson, 2022.
- G. FRATTINI, Contabilità e Bilancio Volume 2 Il bilancio pubblico, Giuffrè editore, 2011.
- A cura di G. FRATTINI, Contabilità e Bilancio Volume 3 Eserciziario, Giuffrè editore, 2011.
- A cura di R. BAUER, Codice civile e leggi tributarie, ultima edizione.
- Principi contabili nazionali: riferimento documenti emessi dall’OIC

Analyze the methods of preparing the financial statements and their reading.
The Degree course, builds on the general accounting knowledge introduced in the teaching of Business Economics (Economia Aziendale).
The course also provides the basic tools for the financial analysis and the assessment of company performance through the reclassification of the financial statements and the analysis by ratios and cash flows.

The grade can be registered only after passing the examination of Business Administration.

The course comprises a total of 75 hours of classroom instruction, corresponding to 10 academic credits (CFU/ECTS).

Classes are held in person, combining lecture-based and interactive learning to encourage active participation. Each credit corresponds to 7.5 hours of classroom teaching and 17.5 hours of independent study.

Independent study activities include the in-depth review of the topics outlined in the course syllabus and the completion of assigned exercises.

The attendance is optional but recommended.
Students with physical disabilities, Learning Disabilities or Special Education Needs can request specific services and tools via reference office consulting the University webpage:
https://www.uniupo.it/en/services/services-students-physical-or-learning-disabilities.
Students with disabilities, learning disabilities or special education needs, once they have contacted the University Staff, can refer to the tutor in charge of the course to define the examination modalities, concerning academic aspects.

Exams can be taken following two modalities:

Partial intermediate exams:
Two partial intermediate exams may be taken. Access to the second exam is permitted only if the first partial exam is passed with a grade of at least 18/30. Passing both written exams automatically results in the assignment of the final grade, calculated as the arithmetic mean of the two scores. Under penalty of forfeiture, the grade must be recorded within the exam dates of the summer session.

General exam:
In the event of failing one of the intermediate exams or choosing the general exam, a written exam covering the entire course syllabus must be taken.
Passing the written exam with a grade of at least 18/30 grants access to the mandatory oral exam, to be taken in one of the exam dates within the same session. The validity of the written exam expires at the end of the session if the process is not completed with the oral exam.

To achieve a passing grade, mastery of at least the fundamental concepts of accounting is required.

To achieve an excellent grade, full acquisition of not only the core concepts but also the more detailed and technical aspects must be demonstrated, showing a clear understanding of nuances and articulating reasoning thoroughly during the exams.

Aim of the course is to provide students the skills necessary to elaborate the following subjects:
- consolidation of methodological expertise acquired during the course of Business Administration (considered a prerequisite) for the detection of accounting processes;
- preparation of financial statements in accordance with economic logic;
- development of good evaluation capacity of balance sheet items in accordance with economic principles, the legal framework and tax laws;
- determining taxable income and taxes;
- preparation of cash flow statement;
- analysis of the economic and financial situation through the interpretation of financial ratios
Integration of the gender dimension.
Throughout the course, care will be taken to avoid conveying gender stereotypes, prejudices, or concepts contrary to the principles of equality and inclusion—whether through inappropriate language or implicitly—when describing business activities.

Knowledge and understanding
At the end of the course the students will be able to represent a firm’s operations in the accounting records, to prepare the financial statements and to interpret the various components of financial statements.

Applying knowledge and understanding
At the end of the course student will be able to do record the basic business transactions, to prepare the annual financial statements and to analyse and interpret the financial statements.

Making judgements
The course allows students to approach the issues in a critical way as regard the business operations and the linked results reported in balance sheet

Communication skills
Based on the knowledge gained, the student will develop communication and relational skills, for business consulting and other job positions linked
to the accounting function.

Learning skills
The learning process will allow the student to understand the business dynamics in a unified and coordinated vision, in order to know the connected dynamics that generate the accounting results.