PRINCIPLES OF ACCOUNTING

PRINCIPLES OF ACCOUNTING

Riccardo Tiscini

Instructional goals

The course will give the students the basics of financial reporting and financial statements analysis

Prerequisites

No

Course Contents

1. Introduction to accounting 2. Introduction to the analysis of firms' performance

Reference Books

• G. Fiori - R. Tiscini (2022) Fundamentals of accounting (in progress) • Slides set of the course.

Teaching Methods

Frontal lectures, practical team-work, case studies, guest speakers, financial chronicle discussion

Assessment Method

Written exam. The written exam will include multiple choice tests and practival exercises

Thesis assignment criteria

None

Does the syllabus cover sustainability topics?

Si

Week 1 Contenuto sessioni on line e on campus

Financial information: external reporting and managerial accounting. The manangement cycle. Financial reporting and users decisions. Financial statements for the representation of business activities

Week 2 Contenuto sessioni on line e on campus

Accounting for financing and purchasing.

Week 3 Contenuto sessioni on line e on campus

Accounting for sales activities. Business cases. The accrual principle

Week 4 Contenuto sessioni on line e on campus

Balance sheet and income statement. Adjustments: Estimating Profit and Loss.

Week 5 Contenuto sessioni on line e on campus

The Accrual Principle

Week 6 Contenuto sessioni on line e on campus

Adjustments on Current Expenses and Revenues

Week 7 Contenuto sessioni on line e on campus

Adjustments on-going services

Week 8 Contenuto sessioni on line e on campus

Balance sheet and income statement. Generally accepted accounting principles

Week 9 Contenuto sessioni on line e on campus

Performance measurement principles: solvency analysis.

Week 10 Contenuto sessioni on line e on campus

Performance measurement principles: profitability and financial risk analysis.

Week 11 Contenuto sessioni on line e on campus

Cost-volume-profit analysis, Profitability ratios. Financial risk ratios, working capital analysis.

Week 12 Contenuto sessioni on line e on campus

Accounting and non financial disclosure. Exercises and Trial test.