Course title	Accounting & Financial Statements
Type of Studies	A (Basic Course)
Scientific disciplinary sector	SECS-P/07
Year	II
Tern	II
Total credits	7
Total work load	175 hours
Frontal lessons	56 hours
Exercises
Test	3 hours
Individual study	119 hours
Professor	Salvatore Madonna
Educational aims	The course's major educational objective is to develop students' skills in recording business operations and in preparing financial statements. The course aims at providing students with basic accounting methodology, consisting in collecting, classifying and recording accounting data, and with the basic tools for analyzing and interpreting corporate financial reports.
Requirements	Theory and principles of management
Course content	The course is divided into four parts: · The concept of "order" as to the company’s economy; the company’s life stages; the management operations system. · Accounting methodology: how to record business operations. Incorporation of the company, financing operations, investment transactions, purchasing of goods and services, cost of subordinating labour, the sale of goods and services. · Closing entries; correction and adjusting entries. Financial statements: profit & loss account, balance sheet, cash flow statement and notes to the financial statements. · Balance assessment according to Italian law. The rules of national accounting principles and international accounting standards. Fiscal nature profiles.
References	F. PODDIGHE (a cura di), "Profili di Economia Aziendale e di Ragioneria", Cedam, Padova, 2003. Volumi primo e secondo. CARAMIELLO C., "Ragioneria generale" (vol. 1) e "Ragioneria applicata" (vol. 2), Mursia, Milano, ultima edizione. A. QUAGLI, Bilancio di esercizio e principi contabili, Giappichelli, Torino, 2001
Teaching methods	The exam is divided into a written part and an oral part. A written progress test, which is not compulsory, will be organized during the course.