To acquire a board set of accounting/business vocabulary. To develop the ability to understand, prepare, and compare financial reports.

Knowledge and understanding: The student, by participating in the lectures and practical activities of the course, will have developed the ability to understand and prepare financial reports. Moreover, she would have developed competences in financial analysis. At the end of the course there will be a written test aimed at verifying the acquired knowledge. Applying knowledge and understanding: The student, acquiring the correct tools and method, will be able to prepare and understand financial reports, but also carry out practical projects. Specifically, the student will have the opportunity to apply the acquired knowledge in analyzing real-world companies. Making judgements: The student, through the use of the methodologies acquired during the course, will have acquired problem analysis skills and the ability to identify the information necessary for their analysis. Specifically, problem solving, self-management, teamwork, relationship and communication skills will be adequately developed, which enhance and make their analytical skills more usable. Communication skills: At the end of the course the student will be able to use a broad vocabulary of financial reporting. Through the various activities that will take place during the course, lessons with discussion, written tests, workshops, the student will be able to put these communication skills into practice, thus gaining rhetorical skills necessary for her professional career. Learning skills: The knowledge acquired during the course will allow the student to autonomously understand and interpret financial reports and adapt them to specific contexts. The student will develop a solid knowledge of the fundamental aspects of the subject that will allow her to continue to deepen the topics addressed independently and to undertake the various post-graduate professional training courses.

1 Financial statements and business decisions 2 Investing and financing decisions and the accounting system 3 Operating decisions and the accounting system 4 Adjustments, financial statements, and the quality of earnings 5 Communicating and interpreting accounting information 6 Reporting and interpreting sales revenue, receivables, and cash 7 Reporting and interpreting cost of goods sold and inventory 8 Reporting and interpreting property, plant, and equipment; intangibles; and natural resources 9 Reporting and interpreting liabilities 10 Reporting and interpreting bond securities 11 Reporting and interpreting stockholders’ equity 12 Statement of cash flows

Mandatory: Robert Libby, Patricia A. Libby, and Frank Hodge. ISE Financial Accounting, 10th/11th Edition. McGraw Hill Education, 2020/2023. ISBN: 9781260565430/9781398921801

Frontal lectures, tutorials, and practical teamwork.

The assessments aim at evaluating whether and to what extent the students have achieved the learning objectives. Continuous assessment—attendance: 10% (effort-based). Six pre-scheduled attendance taking will take place during the semester, each counting 0.5 point toward the final course grade. Continuous assessment—midterm exam: 30% (merit-based). A written exam covering chapters 1–6 and consisting of a mix of multiple-choice questions and essay questions. The exam is close-book and close-note. However, students are allowed to use a pre-prepared A4 sheet of paper (both sides, should the student prefer) with any information (written or printed) that the students would like to consult during the exam. The midterm exam takes place only once. Continuous assessment—group assignment: 20% (merit-based). A take-home group project, where the students in group work together on a big problem. The project counts 15% (4.5 points) toward the final course grade. Every member in a study group (4 students at most) receives the same grade for the project. The group project takes place during the first week of the exam period. Final exams: 40% (merit-based). A comprehensive written exam, with an emphasis on chapters 7–12. The format and rule for the final exam is the same as the midterm exam. Students may make multiple attempts to the extent university policy allows. For attending students, continuous assessments are mandatory. For example, if a student failed to participate the midterm exam, he will get zero for the midterm component. In case of any schedule conflict, the student should report to the instructor at least one week in advance, so the exam can be given to her before the official midterm takes place. In case of any emergency that prevents a student from taking the exam, it is necessary to communicate with the instructor as soon as possible. Course grade of non-attending students (enrolled before the 2022/23 academic year) will be 100% determined by the final exam they take.

No.