Archivio tag: financial accounting

Financial Accounting – 9 cfu

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Financial Accounting

Prof. M. CISI
cisi@econ.unito.it

The aim of the course is to give to the student the ability to prepare and to read a financial statement. The specific subject of the course is the financial statement as the typical document for internal and external disclosure.

Objectives of general purposes financial statement

  1. Users of financial statement
  2. The elements of financial statement
  3. Recognition of the elements of financial statement

Measurement of the elements of financial statement

    1. Intangible assets
    2. Properties, plants and equipments
    3. Financial assets
    4. Inventories
    5. Credits
    6. Provisions

Tools and sources for financial statement analysis

Ratio analysis of financial statement

Capital structure and solvency

Short-term liquidity

  1. working capital analysis
  2. liquidity ratio
  3. quick ratio

Profitability analysis

  1. Return on sales
  2. Return on invested capital
  3. Return on equity

Cash-flow analysis

  1. The funds flow cycle
  2. The cash flow statement
  3. Interpreting funds flows data

Textbooks

Helfert E. A., “Techniques of financial analysis“, McGraw-Hill (ninth edition)
Bernstein L.A., Wild J.J., “Analysis of financial statements“, McGraw-Hill (fifth edition)
Alfredson K., Leo K., Picker R. Pacter P, Radford J. “Applying International accounting standards“, Wiley, 2005.

Other information

The course is structured in lectures, case studies of financial statement and exercises. The evaluation is based on a written exam and on an oral session. The final score will consider the result of elective activities.
Exercises, simulations and business cases provided by the teacher are published on www.klips.it.

Oct 22nd-26th: Prof. Tero Hujala from Metropolia University – Finland