LEARNING OBJECTIVES - As intermediate course of the "economico-aziendale" (i.e., business administration)
modules of the Degree Course in Economics and
Commerce, the module delivers basic contents that are essential to understand
the topics provided in those third year modules
dealing with issues related to the company financial statements.
Specifically, the teaching contributes to the achievement of the
educational objectives of the Degree Course by providing students with
theoretical and technical knowledge useful for the interpretation of
business dynamics related to the performance of the main of the processes of
the information sub-system: the general accounting (GEAC), a process aimed at the
financial statements preparing.
EXPECTED LEARNING OUTCOMES
First, with reference to "Knowledge and understanding", at the end of the
course the student, in addition to having acquired the typical language
and concepts of corporateaccounting, must know and understand the
following issues:
(a) role of the module within the corporate disciplines;
(b) modern meaning of corporate information subsystem;
(c) General Accounting (GEAC) as a company survey procedure;
(d) the account, the double entry method and the consequences of
applying the latter to the Amaduzzian system;
(e) logical phases and main groups of entries of the general accounting;
(f) representation of income and capital in general accounting and
statutory financial statements as well as the related measurement
problems;
(g) the main fiscal regimes in force in Italy. In particular, the civil law
regime.
Secondly, with reference to the "Ability to apply knowledge and
understanding", the student must be able to:
(a) keep double-entry accounting records referring to single management
operations (simple skill);
(b) to transfer the balances of the final accounts of the General
Accounting (simple skill) into the financial statements;
(c) closing and reopening the General ledger accounts (complex skill);
(d) circumscribe, for each operation, the data useful for accounting
records (simple ability favoring autonomy of judgment);
(e) grasp the consequences that each business operation has, at
31.12, in terms of closing records, on the preparation of the income
statement and the balance sheet of the general accounting (complex skill
favoring autonomy of judgment).
In terms of "Autonomy of judgment", the student must be able to identify,
on an accounting basis, the consequences that each business operation
has on the preparation of the income statement and the balance sheet of
the COGE. More broadly, the student will be able to describe and
comment on the economic and patrimonial situation of the company with
the help of the general ledger accounts dedicated to income and capital.
As regards "Communication skills", the student must:
(a) develop familiarity with the typical vocabulary of the discipline,
especially with reference to expressions mainly used in corporate
accounting (income statement, balance sheet, financial statements, etc.)
(b) acquire such a mastery of the vocabulary and of the contents
presented in the course to be able to interact effectively, on accounting
issues, even with subjects who are not strictly involved in the work.
Finally, with reference to the "ability to learn", the student will develop
the ability to:
(a) carry out effective study summaries and perfect personal learning
tools, as regards the theoretical contents developed in the course and in
the textbooks;
(b) implement application methods, for what concerns both the technicalpractical
activities presented in the classroom and the individual
exercises proposed through online handouts.