INTERNATIONAL ACCOUNTING STANDARDS

The course aims to transfer knowledge of the standards, methodologies and principles underpinning the preparation of IAS/IFRS Financial Statements and the application of these Standards to the professional practice.

Good knowledge of accounting and Financial Statements

KNOWLEDGE AND UNDERSTANDING: the student will have acquired the knowledge of the underpinning principles of IAS/IFRS framework and their implementation in individual accounting standards; APPLYING KNOWLEDGE AND UNDERSTANDING: the student will have achieved the ability to apply this set of principles to accounting practice; MAKING JUDGMENT: the student will have developed the ability to formulate critical judgments on Financial Statements prepared in accordance with IAS / IFRS; COMMUNICATION SKILLS: the student will be able to communicate his understanding of accounting rules and underlying principles in an appropriate technical language; LEARNING SKILLS: the student will have acquired the learning skills necessary for the continuation and conclusion of studies independently.

The course examines IAS-IFRS issued by IASB and endorsed by the European Union. The course provides a comparative analysis with the local accounting standards and the US SFAS, issued by the FASB.

AA.VV, Principi contabili internazionali: temi e applicazioni Giappichelli, 2022 IAS/IFRS issued by IASB and endorsed by EU. OIC documents Slides – teaching materials

Lessons, case studies, conferences

The student will be assessed through a written exam (2 terms plus final exam) consisting of questions aimed at assessing both the knowledge and understanding of key concepts and the student's ability to re-elaborate the concepts acquired.

Research skills