The course aims to provide students with theoretical concepts of International Accounting, having knowledge in accounting rules and valuation contained in international accounting standards so as to allow reading of IFRS financial statement.
The problematic issues of the financial statement which are related to its formation are to be highlighted, of which assigned functions are related to the normative context of discipline. The course also aims to investigate the preparation of a financial statement when it is being developed by international accounting standards, through the presentation of case studies which deepen the evaluation criteria in practical terms.

a)    Theory of financial statement

b)    Interaction between accounting and its environment and accounting harmonization. The nature of accounting diversities and differences between the processes of standardization and harmonization. The IASB: history, governance and processes; other international accounting institutions; EU accounting institutions

c)  Conceptual framework: general purpose of the framework; Users and their information needs; Responsibility for Financial Statements

d)    Revenue and Credits

IAS 18: Revenue

e)    Preparation and presentation of financial statements
IAS 1: presentation of financial statement
IAS 7: statement of cash flow

IAS 8: accounting policies, changes in accounting estimates and errors
IAS 10: events after the reporting period

f)     Fixed assets
IAS 16: property, plant and equipment
IAS 17: leases
IAS 40: investment property
IAS 36: impairment of assets
IAS 38: intangible assets

g)    Intentories
IAS 2: inventories

h)    Consolidate financial statement
IAS 27: consolidate and separate financial statement
IFRS 10: consolidate financial statement

IAS 28: investments in associates and joint ventures
IFRS 12: Disclosure of Interests in Other Entities

i)  Liabilities
IAS 37: Provisions, Contingent Liabilities and Contingent Assets

j)  Employee benefits
IAS 19: employee benefits

k)    Income taxes
IAS 12: income taxes

l)  Accounting for government grants and disclosure of government assistance

IAS 20: Accounting for government grants and disclosure of government assistance

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 will include formal lecture, working groups and discussion of case studies.

Course books

Slides, additional readings proposed during the course teaching activities

Assessment

Written test (multiple choice and open questions) to do on 90 minutes and oral colloquium.

Disabilità e DSA

Le studentesse e gli studenti che hanno registrato la certificazione di disabilità o la certificazione di DSA presso l'Ufficio Inclusione e diritto allo studio, possono chiedere di utilizzare le mappe concettuali (per parole chiave) durante la prova di esame.

A tal fine, è necessario inviare le mappe, due settimane prima dell’appello di esame, alla o al docente del corso, che ne verificherà la coerenza con le indicazioni delle linee guida di ateneo e potrà chiederne la modifica.

Teaching

Grading is judged on the following written test: 

Ten multiple choice questions. 

One open answer. 

One exercise.

It is also possible to take an oral test if the student is not satisfied with his/her written test grades. You have the right to take the oral test only if the written result is at least 16/30. For attending students grading is also based on work done throughout the academic year.