Università Roma Tre

The theory and practice of financial statements in companies
1. Introduction to the study of the financial statements
2. The nature of operating income and working capital
3. The budget theory: notes on the "alpha" and "beta" purposes
4. The financial statements according to the civil law provisions:
4.1. the general clause of clarity and truthful and correct representation; exceptions for special reasons;
4.2. the postulates of the budget according to the civil law legislator;
4.3. the particular valuation criteria: technical fixed assets; research, development, installation, expansion and advertising costs; goodwill; the investments; the inventories; the credits.
5. The accounting harmonization process
6. The financial statements according to international accounting standards
6.1. the IASB framework: outline
6.2. IAS and / or IFRS and the structure of the accounts: outlines
7. The Financial Statements according to the civil code: the most recent innovations and proposed changes
7.1. the approval process for international accounting standards and financial reporting
7.2. the new generation accounting directives
8. National accounting principles: outline
9. Further details on the supplementary note and notes on the financial statement

Materials to download on the site

In addition, one of the following texts:
Capaldo P., Income, capital and financial statements: an introduction, Giuffrè, 1998
Onida P .; Business Economics, UTET, 1971
Zanda G, The company budget, Theoretical features and drafting models, Giappichelli, 2007

First Part
The theory of Financial Reporting
Introduction
The goal of Financial Reporting
Capital and Income
Traditional Italian Theories on Income and Financial Reporting
Second Part
Introduction to Italian Accounting Standards and Laws on Financial Reporting
Balance Sheet, Income Statement, Cash Flows Statements and the Notes
The objective of general purpose financial reporting: the true and fair view
The exceptions to the application of the laws
The qualitative characteristics of useful financial information
The assets and liabilities measurement:
- Plants and equipment;
- The Depreciation process;
- The Impairment process;
- Intangible Assets;
- Goodwill;
- Interests in parent companies;
- Receivables and payables (expressed in Euro and in foreign currencies);
- Stocks;
- Financial Activities and Financial Derivatives.
Third Part
Financial Reporting for listed public companies.
The International Harmonisation of Accounting Standards.
The Conceptual Framework for Financial Reporting.

G. ZANDA, Il bilancio delle società, Giappichelli, Torino, 2007 and Italian Law "D.Lgs. 136/2015"