CLEC

Language:

Italian
Textbooks:

• M. A. REA, L’analisi di bilancio per il controllo della gestione, Giappichelli, Torino, settembre 2016 (II edizione);
• Further educational tools and materials for the exercises will be notified in classroom and made available through the Moodle platform on the fad.unich.it web page.
Learning objectives:

The course contributes to the achievement of the educational objectives of the Bachelor degree in “Economia aziendale”, aimed at bringing students closer to the broader knowledge of corporate activities, also with reference to the training needs of professional and consultancy activities.
Specifically, the course aims to pursue the following learning outcomes:
Knowledge and ability to understanding - The course aims to develop an appropriate ability to understand and interpret the financial statements and the most recent forms of corporate reporting. This result is pursued through the in-depth study of the regulatory and professional discipline in accounting, as well as the most common financial statement analysis techniques.
Ability to apply knowledge and understanding - At the end of the course the student will be able to analyze the financial statements of companies through the application of the reclassification techniques and financial ratio analysis
Autonomy of judgment - The student will be required, through the interpretation of financial statement data, to express reasoned judgments on the operating performance and financial condition of companies .
Communication skills - The course aims to the acquisition and use of the technical terminology related to the corporate financial reporting.
Learning skills - The student will develop the capability to apply learning methods and tools through both the individual study and exercise activities delivered during the course.
Prerequisite:

It is recommended, for all students, to firstly take the “Economia aziendale” exam. In addition, it is also recommended to take the exam of “Ragioneria I (Contabilità d’impresa)” when included in the degree teaching programme.
Teaching methods:

Lectures and exercises (in classroom and online)
Exam type:

The exam consists of a preliminary written test and a final interview. The written test is aimed at: 1) ascertaining the comprehension of the course contents, through a set of open questions; 2) verifying the skills acquired on the financial statement analysis, through one or more exercises. The final interview aims to deepen the level of knowledge of the topics and focuses on the entire exam program. The final evaluation takes into account the results of both the written and oral tests.
Sostenibilità:

Concerning the topics about corporate non-financial reporting practices, the course deals with some topics associated with the following Sustainable Development Goals:
- Goal 12 - "Responsible consumption and production”
- Goal 16 - "Peace, justice and strong institutions”
Further information:

E-mail: m.rea@unich.it
Student support: Wednesday 11.00 a.m.

The course focuses on the corporate financial statement models with a particular attention to their most recent evolution. The financial statements – intended as tools for external information and management control – are studied in their formal and substantive aspects

I MODULE - 6 ECTS
The financial statements: general considerations
The IAS /IFRS financial statement model
The national financial statement model
Financial statement and tax regulations (an overview)
Corporate groups and consolidated financial statement (an overview)
Financial statement analysis: characteristics and purposes
Reclassifications of financial statements
Financial ratio analysis
Cash flow analysis and the statement of cash flows

II MODULE - 3 ECTS
Non-financial reporting: general concepts and evolution of corporate financial reporting
The development of voluntary non-financial reporting practices
Corporate reporting from the European Directive 2014/95/EU perspective
Frameworks and standards for reporting non-financial information