FINANCIAL REPORTING AND ADVANCED CORPORATE FINANCE - 1

The course focuses on the basic concepts of financial accounting, which involves the preparation of financial statements, and provides the students with an insight on the key factors explaining corporate performance through the fundamentals analysis.

Students will be able to analyze and interpret three key financial statements (the Income Statement, the Balance Sheet and the Cash Flow Statement) and other financial information like ratios and key performance indicators used by managers and investors in their decision making process. In addition, students will be able to detect differences in annual reports due to national and international accounting standards to better compare company financial performance.

Basic knowledge of accounting and business administration.

The main contents of the course are:
1) Introduction to Financial Accounting
2) Basic accounting concepts (e.g. accrual accounting, going concern, materiality)
3) Financial Statements: The Balance Sheet
4) Common Size analysis and ratios of liquidity and solvency
5) Financial Statements: The Income Statement
6) Comparative analysis, margins and profitability ratios
7) Financial Statements: The Cash Flow Statement
8) Reporting and Disclosure: IAS/IFRS (IAS framework and some selected standards, e.g. IAS 16, IAS 36 )
9) Disclosure of Non-financial information (environmental, social and governance aspects) in light of EU Directive 2014/95/UE (showing examples of Sustainability Reports and Integrated Reporting)

Financial Reporting and Advanced Corporate Finance, 2021, McGraw-Hill Customized Publishing.

The exam will be written. The structure will be described during the first lecture.
The exam could change in case of issues related to the Covid-19 pandemic.

Theory and practice: case studies, ongoing tests and problem sheets.

English

written

This subject deals with topics related to the macro-area "Climate change and energy" and contributes to the achievement of one or more goals of U. N. Agenda for Sustainable Development