Luca SENSINI | ADVANCED ACCOUNTING FOR BUSINESS COMBINATIONS

cod. 0222100049

ADVANCED ACCOUNTING FOR BUSINESS COMBINATIONS

	0222100049
	DEPARTMENT OF MANAGEMENT & INNOVATION SYSTEMS
	EQF7
	BUSINESS MANAGEMENT AND CONSULTING
	2022/2023

CURRICULUM - PROFESSIONAL ACCOUNTANCY

	YEAR OF COURSE 1
	YEAR OF DIDACTIC SYSTEM 2014
	SPRING SEMESTER

TEACHING UNITS

	SSD	CFU	HOURS	ACTIVITY	TYPE OF ACTIVITY
	SECS-P/07	12	60	LESSONS	COMPULSORY SUBJECTS, CHARACTERISTIC OF THE CLASS

PROFESSORS

	LUCA SENSINI T Curriculum
	FRANCESCO CAGGIANO Curriculum

	Objectives
	Students will have theoretical and practical knowledge useful for interpreting the economic and accounting profiles of various extraordinary transactions (mergers, demergers, etc.). Students will be able to apply the knowledge acquired to companies in the main industrial, commercial and service sectors.

	Prerequisites
	-

	Contents
	CONTENTS PART I - COMPANY EVALUATION. THE EVALUATION PARADIGM. THE ACTIVITY OF THE EXPERT. THE VALUATION PRINCIPLES. LEVERS OF VALUE: ECONOMIC AND FINANCIAL FLOWS, RATE, TIME HORIZON. THE ASSESSMENT METHODS. PART II - EXTRAORDINARY TRANSACTIONS AND VALUE CREATION COMPANY ACQUISITIONS. BUSINESS TRANSFER. LIQUIDATIONS. THE LEVERAGED BUYOUT. COMPANY TRANSFORMATIONS. THE MERGERS. COMPANY SPLITTING. PROJECT FINANCING.

CONTENTS
PART I - COMPANY EVALUATION.
THE EVALUATION PARADIGM. THE ACTIVITY OF THE EXPERT. THE VALUATION PRINCIPLES. LEVERS OF VALUE: ECONOMIC AND FINANCIAL FLOWS, RATE, TIME HORIZON. THE ASSESSMENT METHODS.

PART II - EXTRAORDINARY TRANSACTIONS AND VALUE CREATION
COMPANY ACQUISITIONS. BUSINESS TRANSFER. LIQUIDATIONS. THE LEVERAGED BUYOUT. COMPANY TRANSFORMATIONS. THE MERGERS. COMPANY SPLITTING. PROJECT FINANCING.

	Teaching Methods
	TEACHING METHODS THE COURSE INTENDS TO DEVELOP THE LEARNING SKILLS THROUGH THE USE OF TEACHING METHODOLOGIES AIMED AT STIMULATING A PROACTIVE STUDY APPROACH (LECTURES, PRACTICAL EXERCISES, SEMINARS, INDEPENDENT LEARNING). LEARNING SKILLS WILL ALSO BE STIMULATED BY THE USE OF ADDITIONAL DIDACTIC SUPPORTS (OFFICIAL DOCUMENTS, ARTICLES, APPLICATION CASES, ETC, OTHER MATERIALS) TO FAVOR THE THEORETICAL AND PRACTICAL LEARNING OF THE TOPICS COVERED.

Teaching Methods

TEACHING METHODS
THE COURSE INTENDS TO DEVELOP THE LEARNING SKILLS THROUGH THE USE OF TEACHING METHODOLOGIES AIMED AT STIMULATING A PROACTIVE STUDY APPROACH (LECTURES, PRACTICAL EXERCISES, SEMINARS, INDEPENDENT LEARNING).
LEARNING SKILLS WILL ALSO BE STIMULATED BY THE USE OF ADDITIONAL DIDACTIC SUPPORTS (OFFICIAL DOCUMENTS, ARTICLES, APPLICATION CASES, ETC, OTHER MATERIALS) TO FAVOR THE THEORETICAL AND PRACTICAL LEARNING OF THE TOPICS COVERED.

	Verification of learning
	THE EXAMINATION CONSISTS OF TWO COMPULSORY PARTS, A WRITTEN TEST AND AN ORAL INTERVIEW. EACH PART IS ASSIGNED A MARK AND THE AVERAGE OF THESE MARKS IS CONVERTED INTO THIRTIETHS TO GIVE THE FINAL GRADE. AN EXAM IS DEEMED TO BE PASSED SUCCESSFULLY IF THE FINAL GRADE IS EQUAL TO OR HIGHER THAN 18/30. IN THE EVENT OF A FULL GRADE (30/30), THE EXAMINATION BOARD MAY GRANT HONOURS (LODE). THE ORAL INTERVIEW CAN ONLY BE TAKEN ONCE THE STUDENT HAS PASSED THE WRITTEN EXAM WITH A MINIMUM MARK OF 18/30. THE WRITTEN TEST TAKES ABOUT 60 MINUTES AND AIMS AT ASSESSING THE ABILITY TO APPLY THE ACQUIRED KNOWLEDGE AND THE ANALYTICAL INSTRUMENTS. THE ORAL INTERVIEW TAKES ABOUT 20 MINUTES WITH A DISCUSSION ON THE THEORETICAL AND METHODOLOGICAL TOPICS PRESENTED DURING THE COURSE TO ASSESS THE LEVEL OF KNOWLEDGE AND THE ABILITY AND THE QUALITY OF ORAL EXPOSITION.

Verification of learning

THE EXAMINATION CONSISTS OF TWO COMPULSORY PARTS, A WRITTEN TEST AND AN ORAL INTERVIEW. EACH PART IS ASSIGNED A MARK AND THE AVERAGE OF THESE MARKS IS CONVERTED INTO THIRTIETHS TO GIVE THE FINAL GRADE. AN EXAM IS DEEMED TO BE PASSED SUCCESSFULLY IF THE FINAL GRADE IS EQUAL TO OR HIGHER THAN 18/30. IN THE EVENT OF A FULL GRADE (30/30), THE EXAMINATION BOARD MAY GRANT HONOURS (LODE). THE ORAL INTERVIEW CAN ONLY BE TAKEN ONCE THE STUDENT HAS PASSED THE WRITTEN EXAM WITH A MINIMUM MARK OF 18/30.
THE WRITTEN TEST TAKES ABOUT 60 MINUTES AND AIMS AT ASSESSING THE ABILITY TO APPLY THE ACQUIRED KNOWLEDGE AND THE ANALYTICAL INSTRUMENTS.
THE ORAL INTERVIEW TAKES ABOUT 20 MINUTES WITH A DISCUSSION ON THE THEORETICAL AND METHODOLOGICAL TOPICS PRESENTED DURING THE COURSE TO ASSESS THE LEVEL OF KNOWLEDGE AND THE ABILITY AND THE QUALITY OF ORAL EXPOSITION.

	Texts
	PART I CORBELLA S., LIBERATORE G., TISCINI R. (A CURA DI), MANUALE DI VALUTAZIONE D’AZIENDA, SIDREA, MCGRAW HILL, 2020. PART II: POTITO L., LE OPERAZIONI STRAORDINARIE NELL’ECONOMIA DELLE IMPRESE, GIAPPICHELLI, TORINO, 2020.

	More Information
	LECTURE SLIDES PREPARED BY PROF. LUCA SENSINI: SLIDES AND EXERCISES (AVAILABLE AT TEACHER WEB PAGE).

BETA VERSION Data source ESSE3 [Ultima Sincronizzazione: 2024-08-21]

Luca SENSINI | ADVANCED ACCOUNTING FOR BUSINESS COMBINATIONS