Portale di Ateneo - En.Unibs.it

This course provides students with a comprehensive understanding of consolidated financial statements and how to prepare and analyse them. The focus is on the accounting principles, methods, and techniques that are related to groups in compliance with the evolution of national and international accounting standards.

The course prepares students for the professions of:
- Accountant
- Manager
- Financial advisor
- Auditor

The course website will include theoretical
slides and practical exercises.
The complete programme is given below.

a) Group companies
a.1. Kinds of group companies.
a.2. Definition, purposes and classification of group companies.
a.3. Structure of group companies.

b) Introduction to the consolidated financial statement
b.1. Purposes.
b.2. The Legislation evolution.
b.3. National and International accounting standards.

c) Consolidation area
c.1. Financial relationship in entities excluded from the consolidation and the control of an investee.
c.2. Group area and the criteria to define the consolidated area.

d) Construction of the consolidated financial statement
d.1. Pre-conditions for consolidation.
d.2. Methods of consolidation.
d.3. Consolidation differences.
d.4. Minority interests.
d.5. Intragroup transaction.
d.6. Assessment of investments in entities excluded from the consolidation.

e) Published consolidated financial statement
e.1. Features of balance sheet and income statement.
e.2. Notes and management commentary.
e.3. Additional prospects and information.

f) Tax issues about consolidated financial statement
f.1. Group of companies and tax issues.
f.2. Consolidated financial statement and tax law.
f.3. Taxation and the consolidated financial statement in Italy.
f.4. Taxation and the consolidated financial statement in the world.

g) Evolution of national and international accounting standards
g.1. Evolution of Italian law.
g.2. International accounting standards.
g.3. The most important differences between national and international accounting standards.

h) Second year of consolidated financial statement
h.1. Variation effects on consolidated area.
h.2. Consolidated differences.
h.3. Accounting bookkeeping.

i) Reading and interpretation of consolidated financial statement
i.1. Kind of group and the consolidated financial statement.
i.2. Interpretation of the critical area.
i.3. Purpose of additional prospects and information.
i.4. Financial ratios.