Università Roma Tre

The course focuses on issues related to the financial statements preparation to complete the preparation of balance sheet and profit and loss account.
The course is divided into three theoretical modules; three final lectures dedicated to practice.
Part I –Accounting, Basic
Review of basic corporate financial reports and disclosures that serve as inputs to valuation analysis.
Part II – Accounting for complex operations
The module provides an analysis, evaluation and accounting treatment in the financial statements of specific transactions such as work in process on long-term contracts, transactions in foreign currency, leasing, vendor financing, factoring, repo operations, treasury stock, investments in associates and subsidiaries.
Module II – Shareholder capital & reserve management
The module is dedicated analysis and composition of shareholder equity in the Italian legislations (OIC 28) and the analysis of stakeholdings in associates and subsidiaries (OIC21). The analysis concerns the causes and effects of its variation and the constitution and use of the reserves. The module explores the information content of specific documents - such as Notes, Management Report, Risk report – and the process of approving the financial statements.

Key reading list
IAS 11, Construction Contracts
IAS 21, The Effects of Changes in Foreign Exchange Rates
IAS 17, Leasing
IAS 39, Financial Instruments: Recognition and Measurement
IAS 28, Investments in Associates and Joint Ventures
Websites
International Accounting Standards Board http://www.ifrs.org/Home.htm
UK Accounting Standards Board http://www.frc.org.uk/asb/