Business sciences

From general accounting to financial statements. The evolution of the financial statements: objectives and structure of the document. Civil law regulations and national accounting principles. Budget postulates: general clauses and general drafting principles. The particular principles of evaluation. The financial statements: structure and content of the balance sheet, the income statement and the financial statement. The supplementary note. The management report and the other annexes to the financial statements for the year. The balance sheet in abbreviated form. The balance sheet of micro-enterprises. Considerations on the instrumentality of capital valuation for the purpose of determining income. Analysis of valuation criteria provided for by civil law and by national accounting principles. Relationships between civil and fiscal legislation on the financial statements. Performance analysis: reclassifications and balance sheet ratios. The course content will be divided into several lesson blocks: I block (10 hours): The financial statements: general principles, reference standards and drafting rules. Block II (18 hours): The financial statements: content structure of the Balance Sheet, Income Statement and Statement Financial. III block (34 hours): The valuations of the main assets. Examination of the reference accounting principles. 4th block (10 hours): The budget dossier. Performance analysis: introductory notions.

In-depth knowledge of Business Economics.

Quagli A., Bilancio di esercizio e principi contabili. X Edizione, Giappichelli Editore, 2021. Lecture notes by the teacher. Fazzini M., Analisi di bilancio, Ipsoa, 2020, 1, 2, 3, 4, 5, 6, 7, 8.

Not compulsory

Final exam. The assessment of the expected learning outcomes will take place at the end of the course through the carrying out a written test and an oral interview on the topics covered by the program.

Lectures, exercises, insights.

First part - introduction to financial statements - How to build financial statements - Profit and equity: notions - Functions of financial statements Second part: Financial statements analysis - Cash flow statement and EBITDA - Company valuation - ROI and ROE - Limits of financial statements analysis - EBIT/EBITDA/operating cash flow - Duration ratios Third part - Italian legislation on financial statements - Italian GAAP and IFRS - General principles - Scheme - Valuation criteria: o tangible assets o intangible assets o investments o inventory o financial assets and liabilities o foreign currency transactions o derivatives - Notes

Exam of Economia aziendale

- A. Sura - Introduzione al bilancio: come si costruisce e come si legge - Lexup - A. Sura - I principi di redazione del bilancio: un’introduzione - Lexup Textbooks are available in Lexup Platform. The QRcode to access the platform is available in the classroom of the course (code lcv3vje).

The presence at the lessons guarantees the acquisition of the information needed to attend the exam.

Not compulsory

Written exam. The exam is structured as follow: 10 questions with multiple choice "a, b, c" (1,5 point for each correct answer, penalization of 0,75 for wrong answer, zero for questions not answered); 2 open questions (6 points for each correct answer); a test on the ability to interpret financial statements (to a max of 12 points). The sum of the results of the two different kind of test indicates the final result. If the student gets a result of 32 or more the final result of the exam is 30/30 cum laude. The duration of the exam is 1 hour. The exam is based on the notes taken during the sessions or, for students not attending the lessons, on the textbooks available in Lexup platform.

The presence at the lessons guarantees the acquisition of the information needed to attend the exam.