FINANCIAL ACCOUNTING

The course contributes to the educational objectives of the Bachelor's Degree Programme, which aims to provide a complete training in the management field, because provides in-depth knowledge on the evaluation and accounting representation of the main items of the financial statements. Indeed, starting from the civil law rules, are analyzed the solutions proposed by the national accounting standards (OIC) and the international accounting standards (IFRS).

1 KNOWLEDGE AND UNDERSTANDING
As students of the Economia e commercio - Bachelor's Degree Programme have to know and understand how entities operate and know to the financial statements and the other tools to support decisions, at the end of this course, it is expected that students know and are able to understand:
- what are the purposes and principles of financial statements;
- which are the rules to be applied for the evaluation of some of the main items of the financial statements;
- what are the effects on the accounting representation of the various evaluation choices of the financial statement items.
2 APPLYING KNOWLEDGE AND UNDERSTANDING
Since students in the ECONOMIA e COMMERCIO - Bachelor's Degree Programme must be able to contextualize their knowledge and apply them to concrete situations through the analysis and processing of data, at the end of this course the student will be able to:
- apply the different evaluation criteria to concrete situations;
- accounting for their effects.

To tackle the course, it is necessary to have already learnt the basic concepts and language of the economic analysis of business processes and the basic skills off accounting for business events and preparation of financial statements, which have been developed in the Business Administration course.
Those who have not passed the Business Administration exam cannot take the Financial Accounting exam (Mandatory priority: https://www.unive.it/web/en/4624/exams ).
During the course, will also be taken for granted the knowledge of the composition of the financial statements and of the structure of the balance sheet and income statement in compliance with the Italian Civil Code and with IFRS. Therefore, it is highly recommended to have already passed the examination of Accounting and Financial Statements Analysis.

Evaluation and accounting representation according to the civil law rules and to the national accounting principles (OIC) and international accounting standards (IFRS) of the following items of the financial statements:
- purposes and principles of financial statements;
- structure and items of the statement of financial position;
- inventories;
- work in progress under contract;
- receivables;
- equity;
- profit and loss statement items;
- revenue recognition.

U. Sostero, E. Santesso, I principi contabili per il bilancio d'esercizio, Terza edizione, EGEA, 2024; Cap.1, 2(par. 2.2-2.3), 4, 5, 8, 9 and 11.

Recommended Reading List:
AA.VV., Il bilancio secondo i principi contabili internazionali IAS/IFRS, IV ed., Giappichelli, 2016
V. Antonelli, R. D'Alessio, V. Dell'Atti, I bilanci delle imprese, Pearson, 2022.
F. Giunta. M. Pisani, Il bilancio, V. ed, Maggioli, 2023.
A. Palma (a cura di), Il bilancio di esercizio, V ed., Giuffrè, Milano, 2016.
A. Quagli, Bilancio di esercizio e principi contabili, XI ed., Giappichelli, 2023.
A. Quagli, Gli standard contabili dello IASB nel sistema contabile italiano, III ed., Giappichelli, 2023.

The exam consists of a written test and an oral test.
The written test consists of two exercises that replicate (with different input) the examples presented in the book and illustrated during the lessons.
Those who have passed the written test must take the oral exam on the whole program of study.
The oral test takes place on the same day as the written test or on the following days.
The final vote depends on the grade reported in the written test and the outcome of the oral test.
Regarding the grading scale (how grades will be assigned), regardless of attending or non-attending mode:
A. Scores in the range of 18-22 will be assigned when:
- Adequate knowledge and applied understanding in reference to the curriculum are demonstrated.
- Limited ability to collect and/or interpret data.
- Sufficient communication skills, especially regarding the use of specific language related the evaluation and accounting representation of financial statements items.
B. Scores in the range of 23-26 will be assigned when:
- Good knowledge and applied understanding in reference to the curriculum are demonstrated.
- Fair ability to collect and/or interpret data.
- Adequate communication skills, especially regarding the use of specific language related the evaluation and accounting representation of financial statements items.
C. Scores in the range of 27-30 will be assigned when:
- Good or excellent knowledge and applied understanding in reference to the curriculum are demonstrated.
- Reasonable or excellent ability to collect and/or interpret data.
- Fully appropriate communication skills, especially regarding the use of specific language related the evaluation and accounting representation of financial statements items.
D. Honors will be granted when there is excellent knowledge and applied understanding in reference to the
curriculum, exceptional judgment, and communication skills.

The course includes lectures during which the theoretical aspects are illustrated and examples of the application of the different evaluation criteria are carried out.

Italian

- Passing the written exam is a prerequisite for admission to the oral test.

- REGISTRATION FOR EXAM. Online registration is COMPULSORY. In case of registration problems, students are required to contact the economic campus a reasonable number of days BEFORE dead line.

ACCESSIBILITY, DISABILITY AND INCLUSION - Accommodation and support services for students with disabilities and students with specific learning impairments.
Ca’ Foscari abides by Italian Law (Law 17/1999; Law 170/2010) regarding support services and accommodation available to students with disabilities. This includes students with mobility, visual, hearing and other disabilities (Law 17/1999), and specific learning impairments (Law 170/2010). If you have a disability or impairment that requires accommodations (i.e., alternate testing, readers, note takers or interpreters), please contact the Disability and Accessibility Offices in Student Services: disabilita@unive.it.

written and oral