FINANCIAL ACCOUNTING
Syllabus
Obiettivi Formativi
fornire le conoscenze di base su contabilità e bilancio
CONOSCENZA E CAPACITÀ DI COMPRENSIONE:
riconoscere i valori economici e finanziari e i principali documenti di bilancio
CAPACITÀ DI APPLICARE CONOSCENZA E COMPRENSIONE:
essere in grado di elaborare scritture contabili di base e di comprendere la dinamica economico-finanziaria delle aziende
AUTONOMIA DI GIUDIZIO:
esprimere opinioni compiute circa il trend generale di un'azienda sulla base del suo bilancio
ABILITÀ COMUNICATIVE:
comunicare le azioni da intraprendere per effettuare correttamente registrazioni contabili di base
CAPACITÀ DI APPRENDIMENTO:
capacità di riconoscere il significato dei principali documenti di bilancio e formulare giudizi elementari sulla salute economico finanziaria di una impresa
Learning Objectives
provide basic knowledge and understanding on financial accounting and financial statements
KNOWLEDGE AND UNDERSTANDING:
recognize values and their meaning in financial statements
APPLYING KNOWLEDGE AND UNDERSTANDING:
to be able to record transactions and their effects on the firm's value
MAKING JUDGEMENTS:
expressing general opinions about financial trends of flisted firms
COMMUNICATION SKILLS:
to be able to explain how the recording process should take place
LEARNING SKILLS:
Ability to understand the meanings of primarily financial statements and to formulate basic judgements about the firms' overall financial health
Prerequisiti
Prerequisites
Programma
Di seguito le parti di programma specifiche, ognuna delle quali coprirà, mediamente, una settimana:
1. La contabilità come linguaggio principale del business
2. L'equazione di bilancio
3. Il processo di registrazione delle operazioni contabili
4. La competenza economica, quella per cassa e loro applicazioni: dalle scritture continuative, a quelle di aggiustamento fino alle operazioni di chiusura e riapertura dei conti
5. La contabilità per i ricavi e la svalutazione dei crediti commerciali
6. La valutazione delle rimanenze di magazzino nelle imprese industriali e commerciali.
Program
Here follows the main parts into which the course program is allocated. Each part, on average will take one week:
1. Accounting as the main language of the business
2. The Accounting equation
3. The recording process
4. Accrual vs cash basis of accounting. The full accounting recording process
5. Accounting for sales and receivables
6. Accounting for inventories
Testi Adottati
Alcuni selezionati bilanci di società quotate.
Books
Selected Annual reports of listed companies.
Bibliografia
Alexander & Nobes
Bibliography
Alexander & Nobes
Modalità di svolgimento
esercizi, guest lectures, casi pratici, lavori di gruppo circa 35%
Teaching methods
Teaching methods:
Lecture 65%
Exercises, guest lectures, Discussion and group presentation 35%
(Homework assignments are the basis for class discussion)
Regolamento Esame
esame scritto 70%
redazione e presentazione di un lavoro di gruppo 30%.
I lavori di gruppo, generalmente vengono presentati per stati di avanzamento o comunque entro la fine delle lezioni e fungendo così anche da strumento valutativo su base continuativa. Gli studenti non frequentanti dovranno sottomettere e presentare il loro lavoro di gruppo (che avrà stesso oggetto e grado di difficoltà, se del caso anche in forma individuale) nelle date di esame ordinarie, come stabiilito da calendario. Il lavoro di gruppo per i non frequentanti (o per coloro che per diversi motivi non lo abbiano realizzato in precedenza) viene presentato il giorno dell'esame dopo aver sostenuto con successo lo scritto.
Inoltre, fattori come la frequenza, la partecipazione proattiva e la risposta a quesiti di natura facoltativa assegnati dal docente saranno suscettibili di produrre dei bonus da aggiungere al voto finale a discrezione del docente titolare.
Le modalità di esame non differiscono tra studenti frequentanti e non frequentanti, se non per l'impossibilità per questi ultimi di ottenere dei bonus derivanti da attività di valutazione su base continuativa durante il corso.
l voto finale sarà rapportato per il 70% al grado di conoscenza e per il 30% alla capacità espressiva e di giudizio autonomo dimostrate dallo
studente.
La prova di esame sarà valutata secondo i seguenti criteri:
Non idoneo: importanti carenze e/o inaccuratezze nella conoscenza e comprensione degli argomenti; limitate capacità di analisi e sintesi,
frequenti generalizzazioni e limitate capacità critiche e di giudizio , gli argomenti sono esposti in modo non coerente e con linguaggio
inappropriato,
18-20: conoscenza e comprensione degli argomenti appena sufficiente con possibili generalizzazioni e imperfezioni; capacità di analisi sintesi
e autonomia di giudizio sufficienti, gli argomenti sono esposti in modo frequentemente poco coerente e con un linguaggio poco
appropriato/tecnico,
21-23: Conoscenza e comprensione degli argomenti routinaria; Capacità di analisi e sintesi corrette con argomentazione logica
sufficientemente coerente e linguaggio appropriato/tecnico
24-26: Discreta conoscenza e comprensione degli argomenti; buone capacità di analisi e sintesi con argomentazioni espresse in modo
rigoroso ma con un linguaggio non sempre appropriato/tecnico.
27-29: Conoscenza e comprensione degli argomenti completa; notevoli capacità di analisi e sintesi. Buona autonomia di giudizio. Argomenti
esposti in modo rigoroso e con linguaggio appropriato/tecnico
30-30L: Ottimo livello di conoscenza e comprensione approfondita degli argomenti. Ottime capacità di analisi, di sintesi e di autonomia di
giudizio. Argomentazioni espresse in modo originale e con linguaggio tecnico appropriato.
Exam Rules
Final (written) exam 70%
Total 100%
The following factors are considered in the class participation and students can benefit from them:
1. Attendance.
2. Volunteering answers to questions or asking good questions.
3. Responses to discussion questions.
However there are no obstacles to non attendants to reach the same performance.
As for the assessment, there are no differences between attendants and non-attendants. The latters will submit and present their projects (also made individually) the day of the exam.
Students will succeed in the exam by getting a grade equal or higher than 18/30. Below 18 student will be rejected and invited to attempt again at a future date after having deepened the lackings reported.
Within the range of positive grades (from 18 to 30) it is possible to recognize the following sub-range and related features:
18-20. The student can succeed in the light of a very basic understanding of all topics and ability to report and discuss them with a very minor critical approach.
21-23. The student got the basics well and is able to understand and quickly well-debrief the major concepts and issues faced during the course.
24-26. The student is mature with respect to the course contents and related understand. He/she can fairly report all concepts in a correct manner by well balancing synthesis and analysis
27-29. The understanding is full and appreciable. The student not only has learned much, he/she is also able to infer his/her knowledge in connection with other subjects and discipline and he/she is also able to open up future critical issue.
30- 30 cum laude. The student's preparation and performance is outstanding. He/she is at ease in perfectly respond to whatever issue around those faced during the course. He/she is able to make connection and bridges in the vast field of business administration and this attitudes demonstrate the student's potential to succeed in the job market in the areas related with the course.
Obiettivi Formativi
fornire le conoscenze di base su contabilità e bilancio
CONOSCENZA E CAPACITÀ DI COMPRENSIONE:
riconoscere i valori economici e finanziari e i principali documenti di bilancio
CAPACITÀ DI APPLICARE CONOSCENZA E COMPRENSIONE:
essere in grado di elaborare scritture contabili di base e di comprendere la dinamica economico-finanziaria delle aziende
AUTONOMIA DI GIUDIZIO:
esprimere opinioni compiute circa il trend generale di un'azienda sulla base del suo bilancio
ABILITÀ COMUNICATIVE:
comunicare le azioni da intraprendere per effettuare correttamente registrazioni contabili di base
CAPACITÀ DI APPRENDIMENTO:
capacità di riconoscere il significato dei principali documenti di bilancio e formulare giudizi elementari sulla salute economico finanziaria di una impresa
Learning Objectives
provide basic knowledge and understanding on financial accounting and financial statements
KNOWLEDGE AND UNDERSTANDING:
recognize values and their meaning in financial statements
APPLYING KNOWLEDGE AND UNDERSTANDING:
to be able to record transactions and their effects on the firm's value
MAKING JUDGEMENTS:
expressing general opinions about financial trends of flisted firms
COMMUNICATION SKILLS:
to be able to explain how the recording process should take place
LEARNING SKILLS:
Ability to understand the meanings of primarily financial statements and to formulate basic judgements about the firms' overall financial health
Prerequisiti
Prerequisites
Programma
Di seguito le parti di programma specifiche, ognuna delle quali coprirà, mediamente, una settimana:
1. La contabilità come linguaggio principale del business
2. L'equazione di bilancio
3. Il processo di registrazione delle operazioni contabili
4. La competenza economica, quella per cassa e loro applicazioni: dalle scritture continuative, a quelle di aggiustamento fino alle operazioni di chiusura e riapertura dei conti
5. La contabilità per i ricavi e la svalutazione dei crediti commerciali
6. La valutazione delle rimanenze di magazzino nelle imprese industriali e commerciali.
Program
Here follows the main parts into which the course program is allocated. Each part, on average will take one week:
1. Accounting as the main language of the business
2. The Accounting equation
3. The recording process
4. Accrual vs cash basis of accounting. The full accounting recording process
5. Accounting for sales and receivables
6. Accounting for inventories
Testi Adottati
Alcuni selezionati bilanci di società quotate.
Books
Selected Annual reports of listed companies.
Bibliografia
Alexander & Nobes
Bibliography
Alexander & Nobes
Modalità di svolgimento
esercizi, casi pratici, lavori di gruppo circa 35%
Teaching methods
Teaching methods:
Lecture 65%
Exercises, Discussion and group presentation 35%
(Homework assignments are the basis for class discussion)
Regolamento Esame
esame scritto 70%
redazione e presentazione di un lavoro di gruppo 30%.
I lavori di gruppo, generalmente vengono presentati per stati di avanzamento o comunque entro la fine delle lezioni e fungendo così anche da strumento valutativo su base continuativa. Gli studenti non frequentanti dovranno sottomettere e presentare il loro lavoro di gruppo (che avrà stesso oggetto e grado di difficoltà, se del caso anche in forma individuale) nelle date di esame ordinarie, come stabiilito da calendario. Il lavoro di gruppo per i non frequentanti (o per coloro che per diversi motivi non lo abbiano realizzato in precedenza) viene presentato il giorno dell'esame dopo aver sostenuto con successo lo scritto.
Inoltre, fattori come la frequenza, la partecipazione proattiva e la risposta a quesiti di natura facoltativa assegnati dal docente saranno suscettibili di produrre dei bonus da aggiungere al voto finale a discrezione del docente titolare.
Le modalità di esame non differiscono tra studenti frequentanti e non frequentanti, se non per l'impossibilità per questi ultimi di ottenere dei bonus derivanti da attività di valutazione su base continuativa durante il corso.
l voto finale sarà rapportato per il 70% al grado di conoscenza e per il 30% alla capacità espressiva e di giudizio autonomo dimostrate dallo
studente.
La prova di esame sarà valutata secondo i seguenti criteri:
Non idoneo: importanti carenze e/o inaccuratezze nella conoscenza e comprensione degli argomenti; limitate capacità di analisi e sintesi,
frequenti generalizzazioni e limitate capacità critiche e di giudizio , gli argomenti sono esposti in modo non coerente e con linguaggio
inappropriato,
18-20: conoscenza e comprensione degli argomenti appena sufficiente con possibili generalizzazioni e imperfezioni; capacità di analisi sintesi
e autonomia di giudizio sufficienti, gli argomenti sono esposti in modo frequentemente poco coerente e con un linguaggio poco
appropriato/tecnico,
21-23: Conoscenza e comprensione degli argomenti routinaria; Capacità di analisi e sintesi corrette con argomentazione logica
sufficientemente coerente e linguaggio appropriato/tecnico
24-26: Discreta conoscenza e comprensione degli argomenti; buone capacità di analisi e sintesi con argomentazioni espresse in modo
rigoroso ma con un linguaggio non sempre appropriato/tecnico.
27-29: Conoscenza e comprensione degli argomenti completa; notevoli capacità di analisi e sintesi. Buona autonomia di giudizio. Argomenti
esposti in modo rigoroso e con linguaggio appropriato/tecnico
30-30L: Ottimo livello di conoscenza e comprensione approfondita degli argomenti. Ottime capacità di analisi, di sintesi e di autonomia di
giudizio. Argomentazioni espresse in modo originale e con linguaggio tecnico appropriato.
Exam Rules
Final (written) exam 70%
Total 100%
The following factors are considered in the class participation and students can benefit from them:
1. Attendance.
2. Volunteering answers to questions or asking good questions.
3. Responses to discussion questions.
However there are no obstacles to non attendants to reach the same performance.
As for the assessment, there are no differences between attendants and non-attendants. The latters will submit and present their projects (also made individually) the day of the exam.
Students will succeed in the exam by getting a grade equal or higher than 18/30. Below 18 student will be rejected and invited to attempt again at a future date after having deepened the lackings reported.
Within the range of positive grades (from 18 to 30) it is possible to recognize the following sub-range and related features:
18-20. The student can succeed in the light of a very basic understanding of all topics and ability to report and discuss them with a very minor critical approach.
21-23. The student got the basics well and is able to understand and quickly well-debrief the major concepts and issues faced during the course.
24-26. The student is mature with respect to the course contents and related understand. He/she can fairly report all concepts in a correct manner by well balancing synthesis and analysis
27-29. The understanding is full and appreciable. The student not only has learned much, he/she is also able to infer his/her knowledge in connection with other subjects and discipline and he/she is also able to open up future critical issue.
30- 30 cum laude. The student's preparation and performance is outstanding. He/she is at ease in perfectly respond to whatever issue around those faced during the course. He/she is able to make connection and bridges in the vast field of business administration and this attitudes demonstrate the student's potential to succeed in the job market in the areas related with the course.
Obiettivi Formativi
fornire le conoscenze di base su contabilità e bilancio
CONOSCENZA E CAPACITÀ DI COMPRENSIONE:
riconoscere i valori economici e finanziari e i principali documenti di bilancio
CAPACITÀ DI APPLICARE CONOSCENZA E COMPRENSIONE:
essere in grado di elaborare scritture contabili di base e di comprendere la dinamica economico-finanziaria delle aziende
AUTONOMIA DI GIUDIZIO:
esprimere opinioni compiute circa il trend generale di un'azienda sulla base del suo bilancio
ABILITÀ COMUNICATIVE:
comunicare le azioni da intraprendere per effettuare correttamente registrazioni contabili di base
CAPACITÀ DI APPRENDIMENTO:
capacità di riconoscere il significato dei principali documenti di bilancio e formulare giudizi elementari sulla salute economico finanziaria di una impresa
Learning Objectives
provide basic knowledge on financial accounting and financial statements
KNOWLEDGE AND UNDERSTANDING:
recognize values and their meaning in financial statements
APPLYING KNOWLEDGE AND UNDERSTANDING:
to be able to record transactions and their effects on the firm value
MAKING JUDGEMENTS:
expressing opinion about financial trends of firms
COMMUNICATION SKILLS:
to be able to explain how the recording process should take place
LEARNING SKILLS:
Ability to understand the meanings of primarily financial statements and to formulate basic judgements about the firms' overall financial health
Prerequisiti
Prerequisites
Programma
Program
Testi Adottati
Alcuni selezionati bilanci di società quotate.
Books
Selected Annual reports.
Bibliografia
Alexander & Nobes
Bibliography
Alexander & Nobes
Modalità di svolgimento
esercizi, casi pratici, lavori di gruppo circa 35%
Teaching methods
Teaching methods:
Lecture 65%
Exercises, Discussion and group presentation 35%
(Homework assignments are the basis for class discussion)
Regolamento Esame
esame scritto 70%
redazione e presentazione di un lavoro di gruppo 30%.
I lavori di gruppo, generalmente vengono presentati per stati di avanzamento o comunque entro la fine delle lezioni e fungendo così anche da strumento valutativo su base continuativa. Gli studenti non frequentanti dovranno sottomettere e presentare il loro lavoro di gruppo (se del caso anche in forma individuale) nelle date di esame ordinarie, come stabiilito da calendario. Il lavoro di gruppo per i non frequentanti (o per coloro che per diversi motivi non lo abbiano realizzato in precedenza) viene presentato il giorno dell'esame dopo aver sostenuto con successo lo scritto.
Inoltre, fattori come la frequenza, la partecipazione proattiva e la risposta a quesiti di natura facoltativa assegnati dal docente saranno suscettibili di produrre dei bonus da aggiungere al voto finale a discrezione del docente titolare.
Le modalità di esame non differiscono tra studenti frequentanti e non frequentanti, se non per l'impossibilità per questi ultimi di ottenere dei bonus derivanti da attività di valutazione su base continuativa durante il corso.
l voto finale sarà rapportato per il 70% al grado di conoscenza e per il 30% alla capacità espressiva e di giudizio autonomo dimostrate dallo studente.
La prova di esame sarà valutata secondo i seguenti criteri:
Non idoneo: importanti carenze e/o inaccuratezze nella conoscenza e comprensione degli argomenti; limitate capacità di analisi e sintesi,
frequenti generalizzazioni e limitate capacità critiche e di giudizio , gli argomenti sono esposti in modo non coerente e con linguaggio inappropriato;
18-20: conoscenza e comprensione degli argomenti appena sufficiente con possibili generalizzazioni e imperfezioni; capacità di analisi sintesi
e autonomia di giudizio sufficienti, gli argomenti sono esposti in modo frequentemente poco coerente e con un linguaggio poco
appropriato/tecnico;
21-23: Conoscenza e comprensione degli argomenti routinaria; Capacità di analisi e sintesi corrette con argomentazione logica sufficientemente coerente e linguaggio appropriato/tecnico;
24-26: Discreta conoscenza e comprensione degli argomenti; buone capacità di analisi e sintesi con argomentazioni espresse in modo rigoroso ma con un linguaggio non sempre appropriato/tecnico;
27-29: Conoscenza e comprensione degli argomenti completa; notevoli capacità di analisi e sintesi. Buona autonomia di giudizio. Argomenti esposti in modo rigoroso e con linguaggio appropriato/tecnico;
30-30L: Ottimo livello di conoscenza e comprensione approfondita degli argomenti. Ottime capacità di analisi, di sintesi e di autonomia di giudizio. Argomentazioni espresse in modo originale e con linguaggio tecnico appropriato.
Exam Rules
Final (written) exam 70%
Total 100%
The following factors are considered in the class participation and they can give to students additional individual bonuses:
1. Attendance.
2. Volunteering answers to questions or asking good questions.
3. Responses to discussion questions.
As for the assessment, there are no differences between attendants and non-attendants. The latters will submit and present their projects (also made individually) the day of the exam.
Students will succeed in the exam by getting a grade equal or higher than 18/30. Below 18 student will be rejected and invited to attempt again at a future date after having deepened the lackings reported.
Within the range of positive grades (from 18 to 30) it is possible to recognize the following sub-range and related features:
18-20. The student can succeed in the light of a very basic understanding of all topics and ability to report and discuss them with a very minor critical approach;
21-23. The student got the basics well and is able to understand and quickly well-debrief the major concepts and issues faced during the course;
24-26. The student is mature with respect to the course contents and related understand. He/she can fairly report all concepts in a correct manner by well balancing synthesis and analysis;
27-29. The understanding is full and appreciable. The student not only has learned much, he/she is also able to infer his/her knowledge in connection with other subjects and discipline and he/she is also able to open up future critical issue;
30- 30 cum laude. The student's preparation and performance is outstanding. He/she is at ease in perfectly respond to whatever issue around those faced during the course. He/she is able to make connection and bridges in the vast field of business administration and this attitudes demonstrate the student's potential to succeed in the job market in the areasrelated with the course.
Updated A.Y. 2022-2023
Updated A.Y. 2022-2023
Ⅰ Course Objectives and Demands
This course is designed to provide you with a basic understanding of financial accounting and financial reporting. Specific attention will be devoted to the preparation, analysis and basic interpretation of financial information and financial statements. We will focus on the four financial statements used by external stakeholders for decision making purposes. By the end of the course, you should feel comfortable with reading a company's annual report and be able to make comparisons with other firms across different time periods.
Please note that you may need a calculator both in class and exams.
Ⅱ Textbook and references
Horngren, Sundem, Elliot and Philbrick, Introduction to Financial Accounting, Prentice Hall, 11th edition, Chapter 1 up to 7 with some paragraphs exclusions, which will be communicated during classes.
Chosen Annual report
Please bring your textbook to every class as during lectures your instructor may refer to the text and also may work through selected textbook problems. A calculator will be needed in class.
Ⅲ Credits, Teaching Hours and Teaching Methods
Credit: 6
Credit hour: 36
Teaching methods:
Lecture 60%
Exercises, Discussion and group presentatio 40%
(Homework assignments are the basis for class discussion)
Ⅳ Grading
Weekly tests 20%
Group Projects 30%
Final exam 50%
Total 100%
The following factors are considered in the class participation and they can give to students additional bonuses:
1. Attendance.
2. Volunteering answers to questions or asking good questions.
3. Responses to discussion questions.
The exams will be composed primarily of multiple-choice questions, short answer questions, essay questions, problems and the preparation of financial statements or other financial data. There will be no makeup exams for any reason.
Ⅴ Course Content and Time
Depending on overall class progress, the daily schedule may be adjusted. Any departures from the syllabus will be announced in class.
Updated A.Y. 2021-2022
Updated A.Y. 2021-2022
Ⅰ Course Objectives and Demands
This course is designed to provide you with a basic understanding of financial accounting and financial reporting. Specific attention will be devoted to the preparation, analysis and basic interpretation of financial information and financial statements. We will focus on the four financial statements used by external stakeholders for decision making purposes. By the end of the course, you should feel comfortable with reading a company's annual report and be able to make comparisons with other firms across different time periods.
Please note that you may need a calculator both in class and exams.
Ⅱ Textbook and references
Horngren, Sundem, Elliot and Philbrick, Introduction to Financial Accounting, Prentice Hall, 11th edition, Chapter 1 up to 7 with some paragraphs exclusions, which will be communicated during classes.
Chosen Annual report
Please bring your textbook to every class as during lectures your instructor may refer to the text and also may work through selected textbook problems. A calculator will be needed in class.
Ⅲ Credits, Teaching Hours and Teaching Methods
Credit: 6
Credit hour: 36
Teaching methods:
Lecture 60%
Exercises, Discussion and group presentatio 40%
(Homework assignments are the basis for class discussion)
Ⅳ Grading
Weekly tests 20%
Group Projects 35%
Final exam 45%
Total 100%
The following factors are considered in the class participation and they can give to students additional bonuses:
1. Attendance.
2. Volunteering answers to questions or asking good questions.
3. Responses to discussion questions.
The exams will be composed primarily of multiple-choice questions, short answer questions, essay questions, problems and the preparation of financial statements or other financial data. There will be no makeup exams for any reason.
Ⅴ Course Content and Time
Depending on overall class progress, the daily schedule may be adjusted. Any departures from the syllabus will be announced in class.
Updated A.Y. 2020-2021
Updated A.Y. 2020-2021
Ⅰ Course Objectives and Demands
This course is designed to provide you with a basic understanding of financial accounting and financial reporting. Specific attention will be devoted to the preparation, analysis and basic interpretation of financial information and financial statements. We will focus on the four financial statements used by external stakeholders for decision making purposes. By the end of the course, you should feel comfortable with reading a company's annual report and be able to make basic comparisons with other firms across different time periods.
Please note that you may need a calculator both in class and exams.
Ⅱ Textbook and references
Horngren, Sundem, Elliot and Philbrick, Introduction to Financial Accounting, Prentice Hall, 11th edition, Chapter 1 up to 7 (except chapter 5)
Chosen Annual report
Please bring your textbook to every class as during lectures your instructor may refer to the text and also may work through selected textbook problems. A calculator will be needed in class.
Ⅲ Credits, Teaching Hours and Teaching Methods
Credit: 6
Credit hour: 36
Teaching methods:
Lecture 65%
Exercises, Discussion and group presentation 35%
(Homework assignments are the basis for class discussion)
Ⅳ Grading
Group Project presentation and report + oral questions 40%
Weekly online test 20%
Final (written) exam 40%
Total 100%
The following factors are considered in the class participation and they can give to students additional bonuses on their final grade:
1. Attendance.
2. Volunteering answers to questions or asking good questions.
3. Responses to discussion questions.
The exam will be composed primarily of multiple-choice questions, short answer questions, essay questions, problems and the preparation of financial statements or other financial data. There will be no makeup exams for any reason. It is therefore essential that you attend all exams. A non-programmable calculator will be permitted for use in the exams, but no electronic communication devices (cell phones, Tablets etc.) are permitted at the exam tables.
Ⅴ Course Content and Time
Depending on overall class progress, the daily schedule may be adjusted. Any departures from the syllabus will be announced in class.
Updated A.Y. 2019-2020
Updated A.Y. 2019-2020
Ⅰ Course Objectives and Demands
This course is designed to provide you with a basic understanding of financial accounting and financial reporting. Specific attention will be devoted to the preparation, analysis and basic interpretation of financial information and financial statements. We will focus on the four financial statements used by external stakeholders for decision making purposes. By the end of the course, you should feel comfortable with reading a company's annual report and be able to make basic comparisons with other firms across different time periods.
Please note that you may need a calculator both in class and exams.
Ⅱ Textbook and references
Horngren, Sundem, Elliot and Philbrick, Introduction to Financial Accounting, Prentice Hall, 11th edition, Chapter 1 up to 7 (except chapter 5)
Chosen Annual report
Please bring your textbook to every class as during lectures your instructor may refer to the text and also may work through selected textbook problems. A calculator will be needed in class.
Ⅲ Credits, Teaching Hours and Teaching Methods
Credit: 6
Credit hour: 36
Teaching methods:
Lecture 65%
Exercises, Discussion and group presentation 35%
(Homework assignments are the basis for class discussion)
Ⅳ Grading
Group Project presentation and report 35%
Final exam 65%
Total 100%
The following factors are considered in the class participation and they can give to students additional bonuses:
1. Attendance.
2. Volunteering answers to questions or asking good questions.
3. Responses to discussion questions.
The exam will be composed primarily of multiple-choice questions, short answer questions, essay questions, problems and the preparation of financial statements or other financial data. There will be no makeup exams for any reason. It is therefore essential that you attend all exams. A non-programmable calculator will be permitted for use in the exams, but no electronic communication devices (cell phones, Tablets etc.) are permitted at the exam tables.
Ⅴ Course Content and Time
Depending on overall class progress, the daily schedule may be adjusted. Any departures from the syllabus will be announced in class.
Updated A.Y. 2018-2019
Updated A.Y. 2018-2019
Ⅰ Course Objectives and Demands
This course is designed to provide you with a basic understanding of financial accounting and financial reporting. Specific attention will be devoted to the preparation, analysis and basic interpretation of financial information and financial statements. We will focus on the four financial statements used by external stakeholders for decision making purposes. By the end of the course, you should feel comfortable with reading a company's annual report and be able to make basic comparisons with other firms across different time periods.
Please note that you may need a calculator both in class and exams.
Ⅱ Textbook and references
Horngren, Sundem, Elliot and Philbrick, Introduction to Financial Accounting, Prentice Hall, 11th edition, Chapter 1 up to 7 (except chapter 5)
Chosen Annual report
Please bring your textbook to every class as during lectures your instructor may refer to the text and also may work through selected textbook problems. A calculator will be needed in class.
Ⅲ Credits, Teaching Hours and Teaching Methods
Credit: 6
Credit hour: 36
Teaching methods:
Lecture 65%
Exercises, Discussion and group presentation 35%
(Homework assignments are the basis for class discussion)
Ⅳ Grading
Group Project presentation and report 35%
Final exam 65%
Total 100%
The following factors are considered in the class participation and they can give to students additional bonuses:
1. Attendance.
2. Volunteering answers to questions or asking good questions.
3. Responses to discussion questions.
The exam will be composed primarily of multiple-choice questions, short answer questions, essay questions, problems and the preparation of financial statements or other financial data. There will be no makeup exams for any reason. It is therefore essential that you attend all exams. A non-programmable calculator will be permitted for use in the exams, but no electronic communication devices (cell phones, IPAD etc.) are permitted at the exam tables.
Ⅴ Course Content and Time
Depending on overall class progress, the daily schedule may be adjusted. Any departures from the syllabus will be announced in class.
Preliminary Course calendar
9/17 and 9/18 Introduction, Financial Reports, Bookkeeping and balance sheet chp 1
9/24Training Session
9/25 Income Statement chp 2
9/27 Recording Transaction chp 3
10/1 Training Session
Operating activities
10/2 Accrual Accounting Ch 5
10/4 Accounts receivable and bad debt revenue ch6
10/8 Inventories and cost of goods sold ch 7
10/9 Training session
10/15 Class presentation
10/29 Pre exam
Updated A.Y. 2016-2017
Updated A.Y. 2016-2017
Ⅰ Course Objectives and Demands
This course is designed to provide you with a basic understanding of financial accounting and financial reporting. Specific attention will be devoted to the preparation, analysis and basic interpretation of financial information and financial statements. We will focus on the four financial statements used by external stakeholders for decision making purposes. By the end of the course, you should feel comfortable with reading a company's annual report and be able to make comparisons with other firms across different time periods.
Please note that you may need a calculator both in class and exams.
Ⅱ Textbook and references
Horngren, Sundem, Elliot and Philbrick, Introduction to Financial Accounting, Prentice Hall, 11th edition, Chapter 1 up to 11
Chosen Annual report
Please bring your textbook to every class as during lectures your instructor may refer to the text and also may work through selected textbook problems. A calculator will be needed in class.
Ⅲ Credits, Teaching Hours and Teaching Methods
Credit: 12
Credit hour: 72
Teaching methods:
Lecture 60%
Exercises, Discussion and group presentatio 40%
(Homework assignments are the basis for class discussion)
Ⅳ Grading
Group Project presentation and report 30%
Mid-term Exam 40%
Final exam 30%
Total 100%
The following factors are considered in the class participation and they can give to students additional bonuses:
1. Attendance.
2. Volunteering answers to questions or asking good questions.
3. Responses to discussion questions.
The mid-term exam will consist of basic questions on the assigned chapter for the class and/or more difficult questions on recently completed chapters. The format of the exams may differ among sections, usually include multiple choice, true or false and problems and brief numerical exercises. The final exam will be cumulative, covering all of the material considered in this course, but will emphasize material of the rest of the chapters. The exams will be composed primarily of multiple-choice questions, short answer questions, essay questions, problems and the preparation of financial statements or other financial data. There will be no makeup exams for any reason. It is therefore essential that you attend all exams. If you miss the midterm for a valid reason and have provided documentation (please notice the instructor before the midterm date about your absence), the weight of the midterm will be added to your final exam. A non-programmable calculator will be permitted for use in the exams, but no electronic communication devices (cell phones, IPAD etc.) are permitted at the exam tables.
Ⅴ Course Content and Time
Depending on overall class progress, the daily schedule may be adjusted. Any departures from the syllabus will be announced in class.
Preliminary Course calendar
2/20-2/21 Introduction, Financial Reports and Bookkeeping chp 1
2/22 Balance sheet chp1
2/27 Training session Carlino
2/28 3/1 Income Statement chp 2
3/6 Recording Transactions chp3
3/7 Training Session
Operating activities
3/8 Accrual Accounting Chp4
3/13 Accounting receivable and bad debt Revenue Chp6
3/14 Cash and Cash Flow statement Chp5
3/15 Inventories and cost of goods sold Chp7
3/20 Inventories and cost of goods sold Chp7
3/21 Training Session
3/22 Mid term simulation
4/5 Mid term
Investing activities and Financing activities
3/27 investment Chp11
3/28-3/29 PPE and Intangible assets Chp8
4/10 Liabilities and Interest Chp 9 -
4/11 Stockholders’ equity Chp 10
4/12 Training session
4/26 Group Project presentation Students
5/2 Group Project presentation Students
5/3 Group Project presentation Students
5/5 Final Exam