SL2025  ACCOUNTING I: FUNDAMENTALS OF ACCOUNTING (A.Y. 2023/2024)

• Accademic Unit

  Faculty of Social Sciences

• Course

  Licentiate in Leadership and Management

Objective: The purpose of this course is to equip students with fundamental knowledge of financial accounting and reporting. Emphasis will also be placed on analyzing and interpreting financial information and statements. Upon completion of the course, students will have the ability to confidently read and comprehend a company's financial statements, as well as comprehend variations in values displayed in financial statements across different firms and timeframes. More specifically, the course will present the following structure:
\li720 1: Introductory knowledge
- Management & Leadership (differences; skills; types)
\li720\ls2Organisational context (types of organizations; organization culture)
\li720\ls3 PART 2: Accounting
\li720 Cost accounting
Finanicial accounting: Financial statements
\li720\ls4Balance sheets
\ls4Income statement
\ls4Cashflow statement
\li720\ls3 PART 3: Practical excercises
Beginning with an introductory knowledge regarding the concepts of management & leadership, the course will then cover the organizational context where businesses operate, highlighting the differences among the types of companies, their definitions, and distinguishing characteristics. The focus will then shift to the three financial statements utilized by external stakeholders to understand the overall health of an organization and to evaluate financial performance and business value:
\li720\ls5The balance sheet provides a snapshot of a company's assets, liabilities, and owners' equity at a specific point in time.
\ls5 The income statement discloses a company's revenue, expenses, and profits over a designated period. It includes sales figures and the various expenses incurred during that timeframe.
\ls5 The cash flow statement which presents a company's cash flow activities, particularly focusing on its operational, investing, and financing activities over a given duration.
Il course will end will the presentation of several practical exercise.

Methodology: The course will be provided through frontal lectures
Means of evaluation: The exam includes two parts: a written and an oral exam which will be usually held on the same day.
Part I° - (Written exam) which is, in turn, made of two parts (A and B):
Part A: multiple choice questions;
Part B: open questions
Part II° - (Oral exam) Students may be asked to discuss their written answers and to focus on some specific theoretical issues.
\tx708\tx1416\tx2124\tx2832\tx3540\tx4248\tx4956\tx5664\tx6372\tx7080\tx7788\tx8496\tx9204\tx9912

• Information
• Teachers
• Lesson schedule/Room
• Bibliography

Information

• Semestre: 1° Semestre
• ECTS: 5

Teachers

Marco MASTRODASCIO

Lesson schedule/Room

Semester	Day	From	To	Room	Floor	Building	Notes
1° Semestre		0.00	0.00	TBD	0		Dal 4 ottobre al 20 dicembre 2023

Bibliography

• John Wild, Ken Shaw and Kermit Larson, Fundamental Accounting Principle, (25th Edition) McGraw–Hill International Edition, 2021; Smith, M. Fundamentals of Management. (2011). McGraw-Hill Education, ISBN, 13, 9780-07. (Chapter 1;2; 8; 12; 17);
  Additional material will be suggested during the course.