FINANCIAL ACCOUNTING P - Z

Knowledge and understanding: the course aims to provide students with accounting terminology and

methodology, in order to represent and understand business operations and, to prepare the balance

sheet, by acquiring a specific language.

Applying knowledge and understanding: the knowledge gained in accounting field will lay the foundation

for developing accounting skills and competencies linked to the employ of the double-entry accounting

method. In particular, students will be able to observe business operations in certain managerial aspects

(economic and financial), and to understand the systematic nature of accounting records, through the

determination of the net income and the connected working capital.

Making judgements: the course will enable students to develop autonomy of judgment. It allows students

to approach the issues in a critical way as regard the business operations and the linked results reported

in balance sheet.

Communication skills: based on the knowledge gained, the student will develop communication and

relational skills, for business consulting and other job positions linked to the accounting function.

Learning skills: the learning process will allow the student to understand the business dynamics in a

unified and coordinated vision, in order to know the connected dynamics that generate the accounting

results

The course program contains 3 parts and deals with the study of general accounting tools and

methodologie useful to get the key of understanding accounts and balance sheet of firms.

The course is delivered through lectures and exercices.

The course’s contents are articulated as follow: logics and methods of financial accounting. The doubleentry

method. Year’s entries: purchases and sales, the cost of labour, property pans and equipment,

owners’ equity, loans and investments. Year-end closing entries, the financial statement. The general

conditions and principles for the preparation of financial statements. Principles of Evaluation.

CERBIONI F., CINQUINI L., SÒSTERO U., Contabilità e bilancio, McGraw-Hill, V edizione, Milano 2016.