A86012 Management and Principles of Accounting

At the end of the course the student will be able to apply:

• basic accounting principles as a language to evaluate a company
• double-entry method of bookkeeping through a series of practical exercises
• basic principles to prepare a financial statement (balance sheet, profit & loss account).

At the end of the course the student will be able to apply:

• basic accounting principles as a language to evaluate a company
• double-entry method of bookkeeping through a series of practical exercises
• basic principles to prepare a financial statement (balance sheet, profit & loss account).

The financial statement is the key instrument to understand the economic performance and financial situation of companies

This course covers the accounting principles and the construction of a financial statement.

The program is divided into four main parts:

1. introduction of basic accounting principles;
2. recording of business transactions
3. adjusting and closing entries at the end of the period and creation of the financial statement
4. public financial statement .

The course includes theoretical and practical lessons.

Lectures are held throughout the entire semester. Students are responsible for learning the material before coming to class.

Students are responsible for consulting the course website “my.liuc.it” on a regular basis where updates, additional material, slides and exercises are posted.

We highly recommend to do the midterm test.

The assessment is a written exam focused on the topics taught during the course.