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, VI edizione, Milano 2019.