ECO0065 - FINANCIAL ACCOUNTING

The course, with a theoretical and practical orientation, aims to provide fundamental knowledge framed within the field of economic and business disciplines, related to the criteria, logic, and methods for preparing financial statements. The course also lays the groundwork for an initial interpretation of financial statements. Finally, it aims to develop specialized accounting terminology for interdisciplinary use, which underpins economic-business, economic, quantitative, social, and legal disciplines.

a) Knowledge and understanding skills
The course focuses on the rationale and methodology of accounting with reference to the process of preparing the annual financial statements, how to read a financial statement, its content, and structure, with specific attention to valuations.
The course aims to give students the ability to manage the complexity of data derived from modern accounting environments that provide financial and non-financial information. It synthesizes theory and application to prepare students to address accounting problems by identifying the right questions, analyzing relevant information, making responsible and sustainable decisions, and reporting financial metrics both within the firm and to broader stakeholders. The course enables students to understand all the steps involved in determining financial statement values in compliance with national regulations.

b) Applied knowledge and understanding skills
Based on the knowledge acquired, at the end of the course students will be able to critically analyze the financial statements of industrial, commercial, and service enterprises (excluding banks and insurance companies). The applied knowledge and understanding skills related to financial statements will serve as an essential tool for further studies in master's degree programs and/or specialized courses.

c) Autonomy of judgment
The course enables students to critically address valuation issues related to the value categories that compose the financial statement summaries, as well as the objectives, construction methods, and uses of financial statements and reporting systems. Students will be able to analyze and interpret solutions to the most common business issues related to financial statements and their assessment.

d) Communication skills
The course allows students to acquire knowledge to interact with key corporate figures such as entrepreneurs, CEOs, administrative directors, CFOs, managers, and professionals (including Chartered Accountants, Accounting Experts, and Auditors) as well as financial operators.
At the end of the course, students will have developed communication skills on topics related to financial statements and corporate reporting systems.

e) Learning skills
At the end of the course, students will have acquired, through theoretical lectures and practical exercises, the ability to learn the course content and subsequently apply it at a corporate and professional level.