Gaetano MATONTI | INTERNATIONAL ACCOUNTING (ENGLISH)

cod. 0212700114

INTERNATIONAL ACCOUNTING (ENGLISH)

	0212700114
	DIPARTIMENTO DI SCIENZE AZIENDALI - MANAGEMENT & INNOVATION SYSTEMS
	EQF6
	BUSINESS MANAGEMENT
	2020/2021

PERCORSO COMUNE

	YEAR OF DIDACTIC SYSTEM 2014
	SECONDO SEMESTRE

TEACHING UNITS

	SSD	CFU	HOURS	ACTIVITY	TYPE OF ACTIVITY
	SECS-P/07	10	30	LESSONS	OPTIONAL SUBJECTS

PROFESSORS

	GAETANO MATONTI T Curriculum
	GIUSEPPE IULIANO Curriculum

	Objectives
	THE PURPOSE OF THE COURSE IS TO OFFER STUDENTS A COHERENT PROGRAM OF STUDY IN THE DISCIPLINE, PROVIDING SUFFICIENT COVERAGE OF SELECTED INTERNATIONAL ACCOUNTING STANDARDS. THE COURSE DEALS WITH THE DEVELOPMENT OF STUDENTS’ SKILLS OF READING, ANALYSING AND EVALUATING AN ENTITY’S FINANCIAL STATEMENTS AND KNOWLEDGE OF ISSUES RELATING TO RECOGNITION, MEASUREMENT, PRESENTATION AND DISCLOSURE INHERENT IN THE STANDARDS. ALSO THE CONVERGENCE PROCESS BETWEEN IASB AND FASB WILL BE INVESTIGATED.

THE PURPOSE OF THE COURSE IS TO OFFER STUDENTS A COHERENT PROGRAM OF STUDY IN THE DISCIPLINE, PROVIDING SUFFICIENT COVERAGE OF SELECTED INTERNATIONAL ACCOUNTING STANDARDS.

THE COURSE DEALS WITH THE DEVELOPMENT OF STUDENTS’ SKILLS OF READING, ANALYSING AND EVALUATING AN ENTITY’S FINANCIAL STATEMENTS AND KNOWLEDGE OF ISSUES RELATING TO RECOGNITION, MEASUREMENT, PRESENTATION AND DISCLOSURE INHERENT IN THE STANDARDS. ALSO THE CONVERGENCE PROCESS BETWEEN IASB AND FASB WILL BE INVESTIGATED.

	Prerequisites
	FINANCIAL ACCOUNTING.

	Contents
	MODULE I: FRAMEWORK, THEORY AND REGULATION (15 HOURS) 1) A BRIEF INTRODUCTION TO INTERNATIONAL FINANCIAL REPORTING (2 HOURS) 2) INTERNATIONAL ACCOUNTING DIFFERENCES (2 HOURS) 3) FROM HARMONIZATION TO IFRS AS GLOBALLY ACCEPTED STANDARDS (2 HOURS) 4) THE IASB CONCEPTUAL FRAMEWORK AND ACCOUNTING THEORY (2 HOURS) 5) ACCOUNTING AND ECONOMIC PERSPECTIVES ON INCOME AND CAPITAL (2 HOURS) 6) CURRENT VALUES, MIXED VALUES MEASUREMENT (2 HOUR) 7) FAIR VALUE, VALUE IN USE AND FULFILMENT VALUE (2 HOUR) 8) PRESENTATIONS AND DISCLOSURE IN PUBLISHED FINANCIAL STATEMENTS (1 HOURS) MODULE II: ANNUAL FINANCIAL STATEMENTS (15 HOURS) 9) FIXED (NON-CURRENT) TANGIBLE ASSETS (2 HOURS) 10) INTANGIBLE ASSETS (2 HOURS) 11) IMPAIRMENT AND DISPOSAL OF ASSETS (2 HOURS) 12) LEASES (2 HOURS) 13) REVENUE (2 HOURS) 14) CONTINGENT LIABILITIES AND CONTINGENT ASSETS (2 HOURS) 15) INVENTORIES (3 HOURS)

Contents

MODULE I: FRAMEWORK, THEORY AND REGULATION (15 HOURS)

1) A BRIEF INTRODUCTION TO INTERNATIONAL FINANCIAL REPORTING (2 HOURS)
2) INTERNATIONAL ACCOUNTING DIFFERENCES (2 HOURS)
3) FROM HARMONIZATION TO IFRS AS GLOBALLY ACCEPTED STANDARDS (2 HOURS)
4) THE IASB CONCEPTUAL FRAMEWORK AND ACCOUNTING THEORY (2 HOURS)
5) ACCOUNTING AND ECONOMIC PERSPECTIVES ON INCOME AND CAPITAL (2 HOURS)
6) CURRENT VALUES, MIXED VALUES MEASUREMENT (2 HOUR)
7) FAIR VALUE, VALUE IN USE AND FULFILMENT VALUE (2 HOUR)
8) PRESENTATIONS AND DISCLOSURE IN PUBLISHED FINANCIAL STATEMENTS (1 HOURS)

MODULE II: ANNUAL FINANCIAL STATEMENTS (15 HOURS)

9) FIXED (NON-CURRENT) TANGIBLE ASSETS (2 HOURS)
10) INTANGIBLE ASSETS (2 HOURS)
11) IMPAIRMENT AND DISPOSAL OF ASSETS (2 HOURS)
12) LEASES (2 HOURS)
13) REVENUE (2 HOURS)
14) CONTINGENT LIABILITIES AND CONTINGENT ASSETS (2 HOURS)
15) INVENTORIES (3 HOURS)

	Teaching Methods
	THE COURSE IS DIVIDED IN 30H OF LESSONS (20 H. OF TRADITIONAL LESSONS), AND 10H OF EXERCISES. STUDENTS ARE FREE TO FOLLOW THE COURSE, EVEN IF PARTICIPATING IN THE LESSONS IS COMPULSORY.

	Verification of learning
	THE FINAL EVALUATION IS MARKED AS 30/30°. THE EXAM INCLUDES A WRITTEN EXAMS. THE MINIMUM EVALUATION IS 18/30. THE WRITTEN EXAMS (IN THE FORM OF MULTIPLE CHOICE TEST AND OPEN QUESTIONS)TAKES GENERALLY 60 MINUTES AND IT AIMS TO VERIFY THE STUDENT’S ABILITIES IN APPLYING THE KNOWLEDGE ACQUIRED ALONG THE COURSE. THE STUDENT MAY ALSO WORK ON A PROJECT WORK.

	Texts
	TEXTBOOK: ALEXANDER D., BRITTON A., JORISSEN A, HOOGENDOORN, M., VAN MOURIK, C., INTERNATIONAL FINANCIAL REPORTING AND ANALYSIS, CENGAGE LEARNING (SI VEDA VERSIONE IN LINGUA INGLESE). IN ALTERNATIVE: ELLIOTT BARRY AND ELLIOTT JAMIE, FINANCIAL ACCOUNTING AND REPORTING, 19/E, PEARSON IN ALTERNATIVE: DAVID SPICELAND, MARK NELSON E WAYNE THOMAS, INTERMEDIATE ACCOUNTING, MCGRAW-HILL, ED. 2020 CHAPTERS: 1, 2, 3, 4, 7, 8, 9, 10, 11, 13, 15, 21). IN ALTERNATIVE: DONALD E. KIESO, JERRY J. WEYGANDT, TERRY D. WARFIELD, INTERMEDIATE ACCOUNTING: IFRS EDITION, LATEST EDITION, WILEY

Texts

TEXTBOOK:

ALEXANDER D., BRITTON A., JORISSEN A, HOOGENDOORN, M., VAN MOURIK, C.,
INTERNATIONAL FINANCIAL REPORTING AND ANALYSIS, CENGAGE LEARNING (SI VEDA VERSIONE IN LINGUA INGLESE).

IN ALTERNATIVE:

ELLIOTT BARRY AND ELLIOTT JAMIE, FINANCIAL ACCOUNTING AND REPORTING, 19/E, PEARSON

IN ALTERNATIVE:

DAVID SPICELAND, MARK NELSON E WAYNE THOMAS, INTERMEDIATE ACCOUNTING, MCGRAW-HILL, ED. 2020 CHAPTERS: 1, 2, 3, 4, 7, 8, 9, 10, 11, 13, 15, 21).

IN ALTERNATIVE:
DONALD E. KIESO, JERRY J. WEYGANDT, TERRY D. WARFIELD, INTERMEDIATE ACCOUNTING: IFRS EDITION, LATEST EDITION, WILEY

	More Information
	SLIDES AND IASB DOCUMENTS (TEACHER'S WEB PAGE). THE DOCUMENTS ARE AVAILABLE ON: - GOOGLE SITES - GOOGLE CLASSROOM - MICROSOFT TEAMS

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Gaetano MATONTI | INTERNATIONAL ACCOUNTING (ENGLISH)