GENERAL AND APPLIED ACCOUNTING (Cognomi A-K)
Academic year and teacher
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- Versione italiana
- Academic year
- 2018/2019
- Teacher
- SALVATORE MADONNA
- Credits
- 9
- Didactic period
- Secondo Semestre
- SSD
- SECS-P/07
Training objectives
- The course aims to develop students' skills in recording business operations and in preparing financial statements. The course aims at providing students with basic accounting methodology, consisting in collecting, classifying and recording accounting data, and with the basic tools for analyzing and interpreting corporate financial reports.
At the end of the course, the Student will be able to make the fundamental accounting entries and the adjusting entries. The Student will also be able to draw up the financial statement, to calculate the management result, to prepare the financial statement for civil law purposes, and to give an initial interpretation of accounting information.
At website www.madonnas.it the Students can found all the information of the course. The Students are invited to keep visiting the website. Prerequisites
- The student has to know the main principles in business economics.
In particular, the Student has to know:
- elementary algebra;
- double entry accounting logic;
- the operating principles of the ledger.
At website www.madonnas.it the Students can found all the information of the course. The Students are invited to keep visiting the website. Course programme
- The course is divided into four parts:
- The concept of "order" as to the company's economy; the company's life stages; the management operations system. (10 hours)
- Accounting methodology: how to record business operations. Incorporation of the company, financing operations, investment transactions, purchasing of goods and services, cost of subordinating labour, the sale of goods and services. (20 hours)
- Closing entries; correction and adjusting entries. Financial statements: profit & loss account, balance sheet, cash flow statement and notes to the financial statements (18 hours).
- Balance assessment according to Italian law. The rules of national accounting principles and international accounting standards. Fiscal nature profiles. (15 hours)
At website www.madonnas.it the Students can found all the information of the course. The Students are invited to keep visiting the website. Didactic methods
- Lesson, practical cases and training sessions.
At website www.madonnas.it the Students can found all the information of the course. The Students are invited to keep visiting the website. Learning assessment procedures
- Written examination.
The course exam is devoted to test the level of achievement of the previously indicated training objectives. The exam consists of three parts: 1) excercices, 2) multiple choice test and 3) open-ended questions.
The three parts have the purpose to verify the theoretical knowledge of the topics of the course.
The final grade is the sum of the scores of the parts. To pass the exam the student must obtain a minimum score of 18 out of 31.
At website www.madonnas.it the Students can found all the information of the course. The Students are invited to keep visiting the website. Reference texts
- - CORONELLA S., Ragioneria generale. La logica e la tecnica delle scritture contabili, Franco Angeli, Milano, 2016.
mandatory parts:
SECOND PART: LA LOGICA DELLE SCRITTURE CONTABILI (except chapter 14)
THIRD PART: APPROFONDIMENTI SULLE SCRITTURE CONTABILI
- Notes on the Financial Statement (download from www.madonnas.it - ragioneria generale - slides, dispense ed esercitazioni - Dispensa sul bilancio di esercizio)
- Slides on www.madonnas.it.
Students who need to review Business Economics notions, can refer to:
- CARAMIELLO C., "Ragioneria generale" (volume 1), Mursia, Milano, last edition.
References for practice exercise:
- Stefano Coronella & Carmen Monda «Ragioneria generale. Casi applicazioni e quesiti», Franco Angeli, Milano, 2016.
- exercises on www.madonnas.it (download from www.madonnas.it - ragioneria generale - compiti: testo e soluzione)
At website www.madonnas.it the Students can found all the information of the course. The Students are invited to keep visiting the website.
