INTERNATIONAL ACCOUNTING

The course aims to provide the tools for the study of international accounting, describing the historical and evolutionary profiles of accounting and the attempts at accounting convergence. Considering the main accounting records, the civil law approach and the interpretation of national accounting standards (OIC) and international standards (IFRS) will be compared, with a particular focus on the latter.

1. KNOWLEDGE AND UNDERSTANDING
Since students in the Foreign Trade degree program must understand the workings of international trade and be familiar with financial statements and other decision-support tools, at the end of this course, the student will know and be able to understand:

The rules to be applied for the evaluation of the main items in the financial statements;
The effects on the accounting representation of different valuation choices for financial statement items;
The consequences in terms of deferred or prepaid taxation resulting from different valuation choices for financial statement items.
2. ABILITY TO APPLY KNOWLEDGE AND UNDERSTANDING
Since students in the Foreign Trade degree program must be able to contextualize their knowledge and apply it to concrete situations through the analysis of available information, at the end of this course, the student will be able to:
- Apply different evaluation criteria to concrete situations;
- Account for their effects in the financial statements.
3. JUDGMENT ABILITY
Know how to develop a critical approach to the evaluation of alternative hypotheses.

ACCOUNTING AND BUSINESS ADMINISTRATION

Accounting and attempts at convergence: Historical and Evolutionary Profiles
The Conceptual Framework of International Accounting Standards.
Valuation and Accounting Representation According to International Accounting Standards (IFRS) Compared to Civil Law Provisions and National Accounting Standards (OIC) for the Following Financial Statement Items:
- Provisions.
- Deferred Taxation.
- Liabilities.
- Tangible and Intangible Fixed Assets.
- Leases.
- Inventories.
- Receivables.
- Equity.

U. Sostero, E. Santesso, I principi contabili per il bilancio d'esercizio, III ed., EGEA, 2024; Cap. 3, 4, 8, 9 e 10.

The exam will be written and will consist of 3 sections. The first section (worth a maximum of 10 points) will consist of 10 multiple-choice questions. The subsequent sections will only be graded if a minimum score of 6/10 is achieved in the first section. The second section (worth a maximum of 10 points) includes a theoretical question to be discussed in approximately ten lines. The third section (worth a maximum of 10 points) involves solving two exercises. The written test has a duration of 60 minutes.

written

The lecturer has a duty to ensure that the rules regarding the authenticity and originality of exam tests and papers are respected. Therefore, if there is suspicion of irregular conduct, an additional assessment may be conducted, which could differ from the original exam description.

The grade will be assigned according to the following methods:
A. Scores in the 18-22 range will be assigned in the presence of:
- sufficient knowledge and understanding applied in reference to the course program;
- limited ability to apply knowledge by making independent judgments;
- sufficient communication skills, especially in relation to the use of specific language relating to the course program;
B. Scores between 23 and 26 will be assigned in the presence of:
- reasonable knowledge and understanding applied in reference to the course syllabus;
- reasonable ability to apply knowledge expressing independent judgement;
- fair communication skills, especially in relation to the use of specific language relating to the course programme;
C. scores between 27 and 30 will be assigned in the presence of:
- good or excellent knowledge and ability to understand applied in relation to the course program;
- good or excellent ability to apply knowledge with independent judgement;
- fully adequate communication skills, especially in relation to the use of specific language relating to the course program;
D. honors will be awarded in the presence of applied knowledge and understanding in relation to the program, excellent judgment and communication skills.

The course includes lectures. During the lectures, theoretical aspects will be explained, and examples of accounting entries will be demonstrated.

EXAM REGISTRATION: Only students who have registered online within the terms provided by the procedure will be admitted to the final exam. Any registration issues must be reported to the Economic Campus a reasonable number of days BEFORE the closing of the lists.
Accessibility, Disability, and Inclusion
Accommodations and Support Services for Students with Disabilities or Specific Learning Disorders
Ca’ Foscari applies Italian Law (Law 17/1999; Law 170/2010) for support services and accommodations available to students with disabilities or specific learning disorders. If you have a motor, visual, or hearing disability, or other disabilities (Law 17/1999), or a specific learning disorder (Law 170/2010) and require support (classroom assistance, technological aids for taking exams or individualized exams, accessible format materials, note-taking, specialized tutoring to support study, interpreters, or other services), contact the Disability and DSA Office at disabilita@unive.it