CODE 98647 ACADEMIC YEAR 2020/2021 CREDITS 6 cfu anno 1 AMMINISTRAZIONE, FINANZA E CONTROLLO 8706 (LM-77) - GENOVA 6 cfu anno AMMINISTRAZIONE, FINANZA E CONTROLLO 8706 (LM-77) - GENOVA SCIENTIFIC DISCIPLINARY SECTOR SECS-P/07 TEACHING LOCATION GENOVA SEMESTER 1° Semester TEACHING MATERIALS AULAWEB OVERVIEW The corporate groups are a widespread phenomenon in the current economy, and they concern every company size, form large to small enterprises. It is necessary for a student to understand the reasons of the diffusion of groups of companies and to interprete their business and financial conditions, considering the legal framework, with a particular reference to the preparation and interpretation of consolidated financial statements. AIMS AND CONTENT LEARNING OUTCOMES The course aims at developing the capabilities to identify the reasons for the creation of corporate groups, their probelms in terms of corporate governance, and their legal and accounting regulation, with a particular attention paid to their consolidated financial statements. PREREQUISITES It is necessary to have a good knowlegde of Financial Accounting and Commercial Law. TEACHING METHODS Frontal lessons, class discussions, case analyses. SYLLABUS/CONTENT - Corporate groups in the dynamic of business relationships: reasons, pros and cons - The concept of control - Majorities and minorities: from cooperation to conflict - The consolidated financial statements: accounting regulation - Consolidation of subsidiaries: requirements and procedures - The inclusion of associates and joint ventures into the consolidated financial statement - Increases and decreases of interests in subsidiaries without change of control - Accounting impact of changes in the composition of corporate groups - Analysis of a consolidated financial statement RECOMMENDED READING/BIBLIOGRAPHY - Documents and other materials provided by the teacher and available on the website. - Consolidated Financial Statements: An International Perspective, Mfandaidza Reuben Hove, Juta and Company Ltd, 2006 TEACHERS AND EXAM BOARD ALBERTO QUAGLI Ricevimento: Dipartimento di Economia - II livello - studio 2005 Telefono: (+39) 010209 - 5085 Email: alberto.quagli@economia.unige.it Time: Wednesday, 3.00 PM Exam Board ALBERTO QUAGLI (President) ELISA RONCAGLIOLO LESSONS LESSONS START The course will start according to the general teaching programme issued by the Department of Economics. Class schedule The timetable for this course is available here: Portale EasyAcademy EXAMS EXAM DESCRIPTION The final exam is composed of a written assessment (regarding both theory and cases), and an oral part starting from a brief analysis prepared by the student on a real example of consolidated financial statement of an European company. ASSESSMENT METHODS Students have to demonstrate a good understanding of the drivers for the group creation, the problems posed to corporate governance mechanisms, and the legal and accounting regulation of these groups. In particular, the students of the course have to be able to debate the specifities of a consolidated financial statements and to know how to build this company report. Exam schedule Data appello Orario Luogo Degree type Note 07/01/2021 14:30 GENOVA Scritto 21/01/2021 14:30 GENOVA Scritto 03/02/2021 14:30 GENOVA Scritto 10/05/2021 10:00 GENOVA Orale 31/05/2021 14:30 GENOVA Scritto 14/06/2021 14:30 GENOVA Scritto 12/07/2021 14:30 GENOVA Scritto 03/09/2021 14:30 GENOVA Scritto