Course program
Accounting and Financial Statements is the discipline that studies:
● The recording of administrative events according to specific accounting rules.
● The determination of business outcomes in quantitative terms.
● The control of business behavior, specifically the interpretation of events and results in order to design corrective actions aimed at maintaining management at economically viable levels consistent with the choices of the economic agent.
The course is structured into three areas of study:
Financial Statement Theory
● The model of the financial statement aiming at informing the organization’s stakeholders.
● The nature of income and its associated operating capital.
● Durability and autonomy as requirements and constraints of business operations.
● The issue of valuations in the financial statement model.
● The objectives of the financial statement and the general criteria that guide its preparation.
● The evolution of regulations and rules regarding financial statements.
Financial Statement Practice
● The specific criteria for the main financial statement items (receivables, payables, fixed assets, financial assets, and liabilities) according to the Civil Code and national accounting principles (OIC).
● The valuation of estimated and conjectural year-end values for the main financial statement items.
Financial Statement Analysis
● Reclassification of the balance sheet using the financial criterion and balance sheet equilibrium indicators.
● Reclassification of the balance sheet using the management criterion and income and balance sheet equilibrium indicators.
● Reclassification of the income statement using the cost of sales and value-added methods, along with income equilibrium indicators.
● Construction of the cash flow statement and indicators of economic and financial equilibrium.
Books
● G. ZANDA, Il bilancio delle società, Giappichelli, Torino, 2007
● G. SAVIOLI, Il bilancio di esercizio secondo i principi contabili nazionali, Giuffré, Milano, 2024. Additional study materials will be provided by the lecturer during the course
Exam mode
The exam is held on-site. The student's achievement of the expected learning outcomes is assessed through a final written exam, in front of a panel chaired by the course lecturer. The assessment during the exam will be based on a test comprising multiple-choice questions, exercises, and open-ended questions, aimed at verifying the complete understanding of theoretical tools and their application to real-world problems. The level of achievement is assessed on a 30-point grading scale. The final grade is determined based on the written exam result (80%) and on the active, meaningful participation in course e-tivities (20%).
Lesson mode
Teaching Activities are structured into Asynchronous Teaching, Synchronous Teaching, and Interactive Teaching. These activities are conducted online using e-learning methodologies, in compliance with current regulations. Attendance is mandatory, as the course involves continuous monitoring of the learning progress through both tracking of the learning path and frequent assessment and self-assessment opportunities.
The e-learning teaching format includes pre-recorded lessons of approximately 30 minutes each, with metadata and indexing, along with downloadable teaching materials (PDF slides) available online.
The teaching includes: primarily theoretical lessons and practical lessons (for example: case study discussions aimed at stimulating students' analytical skills and critical thinking), which are delivered asynchronously and synchronously. In addition to the aforementioned video lectures, there is a component focused on interaction between the lecturer and students through interactive teaching methods, such as participation in discussion groups, webinars with the lecturer and tutors, and Q&A forums.
An experienced and qualified tutor provides assistance and support throughout the students’ learning process.
