The course aims to provide students knowledge and skills required to prepare an annual report in accordance with statutory regulations in force in Italy and with the Italian accounting standards. The course also aims to provide the techniques and tools needed to analyze and interpret the companies’ financial statements and understand their economic and financial situation.

Part 1: Preparation of annual report in accordance with statutory regulations and Italian accounting standards

·  General provisions

·  General and particular valuation rules

·  Income Statement and Balance Sheet

·  Explanatory note

·  Cash flow Statement

Part 2: Financial Statement Analysis

§  Classification of Income Statement and Balance Sheet

§  Financial ratios

Part 3: Business income and tax law

General and Applied Accounting

-  Knowledge and understanding: At the end of the course students should have acquired knowledge and understanding about purposes and importance of annual reports, general provisions and valuation rules, and techniques and tools to analyze and interpret companies’ annual reports. In particular students have to know Italian statutory regulation about preparation of annual reports and the national accounting standards. These results will be achieved through the following teaching methods: lectures, individual and group exercises, and seminars.

-  Applying knowledge and understanding: Students should be able to appropriately and flexibly apply their knowledge in order to autonomously draw up an annual report and correctely interpret it. These results will be achieved through the following teaching methods: lectures, individual and group exercises, and seminars.

-  Making judgements: Students should have the ability to integrate knowledge gained during the course and to handle complexity and formulate judgment independently about the preparations and the interpretation of an annual report. Students should also be able to autonomously evaluate company’s assets, liabilities, financial position and profit or loss. These results will be achieved through the following teaching methods: lectures, individual and group exercises, and seminars.

-  Communication: Students should acquire clear and effective communication skills, thanks to a good command of the lexicon related to course topics.. These results will be achieved through the following teaching methods: lectures, individual and group exercises, and seminars.

-  Lifelong learning skills: Students should have good learning skills and be able to independently deepen knowledge gained during the course and acquire new knowledge, skills and abilities about the preparation and the interpretation of annual reports, through professional and job experiences. These results will be achieved through the following teaching methods: lectures, individual and group exercises, and seminars.  

The teaching material prepared by the lecturer in addition to recommended textbooks (such as for instance slides, lecture notes, exercises, bibliography) and communications from the lecturer specific to the course can be found inside the Moodle platform › blended.uniurb.it

Teaching

Teaching methods

Various teaching methods will be used during the course:

- Lectures;

- Seminars;

- Individual and group exercises.

Attendance

Attendance is not compulsory but highly reccomended.

Course books

Part 1°: General provisions and valuations rules:

- M. Paoloni, a cura di, Il bilancio d'esercizio nel contesto nazionale ed internazionale, Giappichelli, Torino, 2005 (ad eccezione dei cap. I, II e III)

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- G.Ferrero, F. Dezzani, P.Pisoni, L.Puddu, Analisi di bilancio e rendiconti finanziari, Giuffrè, 2006 (Sezione prima: Capp. 2 e 3)

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- G. Capodaglio, L. Semprini, V.S. Dangarska, Il nuovo bilancio d'esercizio di, APOGEO Education 2016.

 

2° parte: Annual report analysis

G.Ferrero, F. Dezzani, P.Pisoni, L.Puddu, Analisi di bilancio e rendiconti finanziari, Giuffrè, 2006 (Parte prima, Sezione prima: Capp. 1-4-5-6-7-8-9-11-12)

 

3° parte - Tax law

G.Ferrero, F. Dezzani, P.Pisoni, L.Puddu, Analisi di bilancio e rendiconti finanziari, Giuffrè, 2006 (pagg. 152-168) 

Assessment

Written exam, consisting of 6 questions and/or exercises and/or open/closed questions. During the course exercises and simulations will be carried out to prepare students to pass the final exam. A number of exercises will be made available on the platform Moodle › blended.uniurb.it.

Students have to demonstrate :

1.     to be acquainted with all the concepts exposed during the course;

2.     to be able to apply these concepts to prepare an annual report, to calculate a company income and to evaluate a company assets, liabilities, profit or loss, financial situation;

3.     to have a good command of the technocal language.

The total time of the examination is 1,5 hours. Each question will be individually evaluated and the overall evaluation is based on all of them. 

Disability and Specific Learning Disorders (SLD)

Students who have registered their disability certification or SLD certification with the Inclusion and Right to Study Office can request to use conceptual maps (for keywords) during exams.

To this end, it is necessary to send the maps, two weeks before the exam date, to the course instructor, who will verify their compliance with the university guidelines and may request modifications.