Course 2017-2018 a.y.

Classes: 31 (II sem.)

Instructors:
Class 31: CLAUDIA IMPERATORE

The course deals with the following topics in financial accounting: financial statement analysis; accounting analysis and the content of selected international accounting standards. The aim of the course is to enable students to prepare and read financial statements from a critical perspective, and, in addition, to understand the most important rules of a number of IAS/IFRS. Given the initial different background attending students are coming from, an overall review of the main concepts of financial accounting is presented at the beginning of the course. Each class is always characterized by both theoretical issues and exercises/case discussions.

The course contents are listed below

• A review of basic financial accounting rules: financial statements preparation and analysis.
• Financial statement analysis.
• Accounting analysis.
• Critical valuation issues (according to IAS/IFRS): property, plant and equipment.
• Intangible assets.
• Impairment test.
• Lease contracts.
• Segment reporting.
• Inventories.
• Foreign currencies.
• Income taxes.
• Financial instruments.
• Equity method.
  

During the course, some cases are discussed with reference to real listed companies and their financial statements. Students are expected to prepare their analysis in advance in order to be able to contribute to the discussion during the classes.

The assessment is based on a written exam at the end of the course.

For attending students
The exam could be made of two written tests (partial test plus final test). Sufficiency in both tests is required to pass the exam (sufficiency = grade equal or higher than 18/30).