Course 2008-2009 a.y.

Course Objectives

The course aims at presenting accounting systems used in advanced econimic countries, and the theory which stays behind the building and the graphic of financial reports. Since accounting language depends inevitably on environmental, legal and political  factors interacting oneanother in every single country, the course is meant to concentrate on the evolution of the accounting systems in Europe and in the Anglosaxon world. Particular emphasis will be given to the information problems which characterize the accounting system of the multinational businesses and to the nowadays harmonization accounting process.

The main themes treated are:

• The history of the accounting European language;
• The nowadays accounting harmonization  process
• How the accounting systems work within the international scene

The aim of the course will be achieved through the use of specific didactical means so that the subject is treated in such a way that it keeps being anchored to reality cases.

Course Content Summary

• The history of the accounting European language
• The theories of the differences among the various accounting systems
• The harmonization process on which the European directives are based
• The harmonization accounting  process adopted with the  IAS/IFRS
• The U.S. accounting principles (an overview)
• How the accounting systems with integrated survey work
• How the accounting estate systems work
• Multicurrency accounting systems
• The inflation accounting
• The transfert pricing

Detailed Description of Assessment Methods

Written and oral exam

Textbooks

• G. LOMBARDI STOCCHETTI, Raccolta di letture e note didattiche, su Weblearning Bocconi.