ITA | ENG
B029665 - INTERNATIONAL ACCOUNTING
Main information
Teaching Language
Suggested readings
Learning Objectives
Prerequisites
Teaching Methods
Type of Assessment
Course program
Academic Year 2020-21
Course year
First year - First Semester
Belonging Department
Economics and Management (DISEI)
Course Type
Single education field course
Scientific Area
SECS-P/07 - BUSINESS ADMINISTRATION AND ACCOUNTING STUDIES
Credits
9
Teaching Hours
72
Teaching Term
14/09/2020 ⇒ 09/12/2020
Attendance required
No
Type of Evaluation
Final Grade
Course program
show
Lectureship
Teaching Language
English
Suggested readings (Search our library's catalogue)
IFRS Standards and some additional readings recommended during the class.
Learning Objectives
Allow the student to interpret the main financial statements and understand how the key line items are recognized, and measured.
Prerequisites
A solid grasp of the accounting logic and the general rules to draw up the financial statements.
Teaching Methods
Lectures, tutorials, and workshops with professionals
Type of Assessment
Individual test and term project.
Course program
1. General principles.
Aims of general-purpose financial reporting, qualitative characteristics of financial reporting information, the elements of financial statements.
2. Presentation of the financial statements.
Complete set of financial statements, structure and contents.
3. Bases for measurement of the elements of financial statements.
Historical cost, fair value measurement.
4. Recognition, measurement, presentation, and disclosure of financial statement elements:
o Revenues from contracts with customers
o Income taxes
o Property, plant, and equipment
o Intangible assets
o Leases
o Provisions
o Financial instruments
5. Impairment of assets.
Measuring recoverable amount, recognition and measurement of impairment losses, reversing an impairment loss, cash generating unit and goodwill.
Aims of general-purpose financial reporting, qualitative characteristics of financial reporting information, the elements of financial statements.
2. Presentation of the financial statements.
Complete set of financial statements, structure and contents.
3. Bases for measurement of the elements of financial statements.
Historical cost, fair value measurement.
4. Recognition, measurement, presentation, and disclosure of financial statement elements:
o Revenues from contracts with customers
o Income taxes
o Property, plant, and equipment
o Intangible assets
o Leases
o Provisions
o Financial instruments
5. Impairment of assets.
Measuring recoverable amount, recognition and measurement of impairment losses, reversing an impairment loss, cash generating unit and goodwill.