CODE 41162 ACADEMIC YEAR 2024/2025 CREDITS 9 cfu anno 1 AMMINISTRAZIONE, FINANZA E CONTROLLO 8706 (LM-77) - GENOVA SCIENTIFIC DISCIPLINARY SECTOR SECS-P/07 LANGUAGE Italian TEACHING LOCATION GENOVA SEMESTER 2° Semester TEACHING MATERIALS AULAWEB OVERVIEW Today the International Financial Reporting Standards (IAS/IFRS) issued by the IASB are the international language of financial reporting. Their knowledge is necessary for every administrative tasks in the current businesses. AIMS AND CONTENT LEARNING OUTCOMES The course aims at providing the framework for the preparation of financial statements according to the IFRS/IAS. PREREQUISITES It is necessary a good knowledge of Financal Accounting (intermediate level) TEACHING METHODS Frontal lessons, class discussion, case analyses, individual tasks. Students who have valid certification of physical or learning disabilities and who wish to discuss possible accommodations or other circumstances regarding lectures, coursework and exams, should speak both with the instructor and with Professor Serena Scotto (scotto@economia.unige.it<mailto:scotto@economia.unige.it>), the Department’s disability liaison. SYLLABUS/CONTENT The IASB: structure and activity. The IFRS within EU. Conceptual framework, fair value (IFRS 13) Presentation of financial statements (IAS 1, IAS 8, IAS 10, IAS 24, IFRS 1, IFRS 8) Revenues from contracts with customers (IFRS 15), Governmental grants (IAS 20), Inventory (IAS 2) Fixed assets (IAS 16, 17, 23, 36, 38, 40, IFRS 5, IFRS 16) Financial Instruments (IAS 32, IFRS 7, IFRS 9) Investments in associates, joint ventures and other entities (IAS 27, IAS 28, IFRS 10, 11, 12) Business combinations (IFRS 3) Provisions, income taxes, and foreign currencies (IAS 37, IAS 12, IAS 21) RECOMMENDED READING/BIBLIOGRAPHY Lessons and basic materials are in Italian but foreign students could use for their preparation the following book: Kieso,Donald E. Intermediate accounting : IFRS edition / Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield 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: During the course: Wednesday, 3.00 PM. Since the end of the course: please send to me an email to take appointment. Exam Board ALBERTO QUAGLI (President) FRANCESCO GIOVANNI AVALLONE PAOLA RAMASSA LESSONS LESSONS START The course is in the first semester, and it will start according to the general teaching plan of the Departiment of Economics. Class schedule INTERNATIONAL ACCOUNTING EXAMS EXAM DESCRIPTION The first part is a written assesment including three or four accounting questions for their translations in double-entry records according to IFRS. After the positive result of the first part, there is an oral exam aimed at demonstrating the ablity of the student to interpret the IFRS applied to a single annual report fo a public listed company ASSESSMENT METHODS The students' ablility to create links between the question of the real world to be tackled and the knowlegde pf IFRS will be a distintive point to assess the level of knowledge Exam schedule Data appello Orario Luogo Degree type Note 18/12/2024 14:00 GENOVA Scritto 09/01/2025 14:00 GENOVA Scritto 28/01/2025 14:00 GENOVA Scritto 27/05/2025 14:30 GENOVA Scritto 10/06/2025 14:30 GENOVA Scritto 25/06/2025 14:30 GENOVA Scritto 09/09/2025 14:30 GENOVA Scritto FURTHER INFORMATION Attendance Free attendance, not mandatory. Agenda 2030 - Sustainable Development Goals Quality education Decent work and economic growth Peace, justice and strong institutions