ACCOUNTING AND FINANCIAL STATEMENT ANALYSIS - PRACTICE

The course contributes to the educational objectives of the Bachelor's Degree Programme, which aims to provide a complete training in the management field, because it develops knowledge and skills in business administration with reference to the representation and evaluation of entities through the accounting information.
For this purpose, the course deals with the study of traditional tools for the financial statement analysis that are used to read and interpret business performances in order to assess the financial and economic status of the entity. Therefore, the course presents the key features of financial statements drawn up according to the Italian civil law and IFRS, the main approaches to classify the income statement and the statement of financial position, the principles for preparing the cash flow statement and the ratio analysis.

1 KNOWLEDGE AND UNDERSTANDING
As students of the ECONOMIA AZIENDALE - Bachelor's Degree Programme have to know and understand how entities operate and how to handle the financial statements and the other tools to support decisions, at the end of this course, it is expected that students know and are able to understand:
- the composition of the financial statements;
- the general structure of the balance sheet and income statement prepared in compliance with the Italian civil law and with IFRS;
- the structure and composition of the cash flow statement;
- the criteria for the reformulation of financial statements and the main aggregates and intermediate results deriving from them;
- the financial ratios to be used for the analysis of profitability and financial position of the entity.
2 APPLYING KNOWLEDGE AND UNDERSTANDING
Since students in the ECONOMIA AZIENDALE - Bachelor's Degree Programme must be able to provide an adequate analysis and economic-financial interpretation of business processes, at the end of this course the student will be able to:
- identify the main information contained in the financial statements;
- reformulate the balance sheet and the income statement;
- draw up a cash flow statement and understand the financial dynamics of the entity;
- calculate the financial ratios and understand the determinants of the financial and economic status of the entity;
- identify relationships among financial ratios and more generally the impact of the change in a financial ratio on an entity’s performance and financial position.
3 MAKING JUDGEMENTS
Since students in the ECONOMIA AZIENDALE - Bachelor's Degree Programme must be able to provide an adequate analysis and economic-financial interpretation of business processes, at the end of this course the student will be able to express a judgement on the ability of an entity with respect to the conditions of economic and financial equilibrium as well as on the improvement or deterioration of its situation and its economic-financial performance.

To tackle the course, it is necessary to have already learnt the basic concepts and language of the economic analysis of business processes and the basic skills of accounting for business events and preparation of financial statements, which have been developed in the Business Administration course.Those who have not passed the Business Administration exam cannot take the Accounting and Financial Statement Analysis exam.

Viewing the business through the financial statements
The economic-financial model and the financial statements
Objective and contents of the financial statements
The legal form of the financial statement according to the Italian civil law
The financial statements presentation according to IFRS
Reformulation of the statement of financial position
Reformulation of the income statement
The cash flow statement and cash flow analysis
The ratios analysis

MS Avi, il sistema informativo integrato Vol I, analisi aziendali di natura economico-finanziaria : il bilancio come strumento di gestione. Cafoscarina editore, Venezia, 2019 II edizione

he test is only written. It have 6/7 techical question and 2/3 open question. Every question have a valutation. The final valutation of the test is the sum of the valutation of the question.
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 ability to apply understanding in reference to the course program;
- limited ability to apply knowledge by formulating independent judgments;
- sufficient communication skills, especially in relation to the use of specific language that pertains to the course program;
B. scores in the 23-26 range will be assigned in the presence of:
- fair knowledge and ability to apply understanding in reference to the course program;
- fair ability to apply knowledge by formulating independent judgments;
- fair communication skills, especially in relation to the use of specific language that pertains to the course program;
C. scores in the 27-30 range will be assigned in the presence of:
- good or very good knowledge and ability to apply understanding in reference to the course program;
- good or very good ability to apply knowledge by formulating independent judgments;
- fully appropriate communication skills, especially in relation to the use of specific language relevant to the course syllabus;
D. honours will be awarded in the presence of applied knowledge and understanding with reference to the syllabus, excellent judgement and communication skills.

written

he test is only written. It have 6/7 techical question and 2/3 open question. Every question have a valutation. The final valutation of the test is the sum of the valutation of the question.
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 ability to apply understanding in reference to the course program;
- limited ability to apply knowledge by formulating independent judgments;
- sufficient communication skills, especially in relation to the use of specific language that pertains to the course program;
B. scores in the 23-26 range will be assigned in the presence of:
- fair knowledge and ability to apply understanding in reference to the course program;
- fair ability to apply knowledge by formulating independent judgments;
- fair communication skills, especially in relation to the use of specific language that pertains to the course program;
C. scores in the 27-30 range will be assigned in the presence of:
- good or very good knowledge and ability to apply understanding in reference to the course program;
- good or very good ability to apply knowledge by formulating independent judgments;
- fully appropriate communication skills, especially in relation to the use of specific language relevant to the course syllabus;
D. honours will be awarded in the presence of applied knowledge and understanding with reference to the syllabus, excellent judgement and communication skill

The lessons are held by the teacher in a conventional way, even if the teaching methodology used provides the possibility of talking to the students during the lessons. Students can ask the teacher for any information they do not understand