The course aims to provide students with the main accounting concepts and how to interpret the information provided by companies in their Financial Statements.

Knowledge and understanding: The student, by participating in the exercises and practical activities of the course, will develop the ability to understand the information provided in financial reports. 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 basic notions on accounting, will be able to prepare a Statement of Financial Position and a Statement of Comprehensive Income according to the main IAS/IFRS requirements. Making judgements: The student, through the use of the knowledge acquired during the course, will acquire the ability to identify the correct recognition, measurement and presentation of the most frequent operations occurring in the business activity. Communication skills: At the end of the course the student will be able to use a broad vocabulary related to financial reporting. Through the various activities that will take place during the course, lessons with discussion, written tests, case studies, the student will be able to put these communication skills into practice. Learning skills: The knowledge acquired during the course will allow the student to autonomously understand and interpret the information provided by the items of Financial Statements. The student will develop a solid knowledge of the fundamental aspects of the subject that will allow him to continue to deepen the topics addressed independently and to undertake the various post-graduate professional training courses.

Introduction to Financial Statements: Statement of Financial Position Statement of Comprehensive Income Statement of Cash Flows Main requirements of IAS/IFRS

Lecture notes and other course material provided by the teacher and made available on the Luiss Learn platform.

Lectures, case studies and exercises. Students’ participation during lectures is strongly encouraged. Continuous valuation

We adopt a continuous assessment model of evaluation with two intermediate tests. Final exam during the ordinary exam session is oral.

Students are expected to demonstrate that they have achieved the learning objectives in the final or intermediate tests. Furthermore, students are expected to actively participate and interact during lessons.