Course Topics
After a number of changes occurred in the last years both, at national as well as at european level, concerning the financial reporting practices, the Italian Accounting Standard setter (Organismo Italiano di Contabilità - OIC) started a widespread review of the accounting standards. Therefore, the aim of the current course is to provide students with: a) updates on the current projects undertaken by the OIC; b) a comprehensive knowledge and understanding of some relevant accounting standards; c) bridge theory and practice to make students able to “use” accounting rules to real-practical cases.

Propaedeutic courses
Principi contabili italiani

Teaching format
Frontal Lectures, exercises and case studies

Educational objectives
ILO (Intended Learning Outcomes) ILO 1 – Knowledge and Understanding: ILO 1.1 Knowledge of economic-financial communication to stakeholders in national and international contexts ILO 1.2 Understanding of business models and performance measurement for planning and management control, as well as internal and external auditing methods and models ILO 1.3 Accounting courses will also provide expertise in specialised topics that characterise the profession of chartered accountant and auditor ILO 2 – Applying Knowledge and Understanding: ILO 2.1 Ability to develop and integrate the results of economic-financial communication into corporate decision-making models ILO 2.2 Ability to engage and interact competently with heads of the various functional areas of the company, with financial markets, and with professionals in corporate and tax law ILO 3 – Making Judgements: ILO 3.1 Ability to apply acquired knowledge to make managerial and operational decisions and to solve problems related to administration and finance in companies, intermediaries, and financial markets, while jointly considering multiple analytical perspectives, from economic to legal, financial, strategic, and managerial ILO 3.2 Ability to select data and use appropriate information to describe a problem concerning the management of companies, intermediaries, and financial markets ILO 4 – Communication Skills: ILO 4 Ability to communicate effectively, both orally and in writing, the specialised content of individual disciplines, using different registers depending on the audience and the communicative and educational purposes, and to assess the educational impact of such communication ILO 5 – Learning Skills: ILO 5.1 Ability to develop general models based on the phenomena studied

Assessment
A. Attending students: The exam is in written form. Students are given the opportunity to take an intermediate test (MIDTERM) on the topics covered in class up to that moment. Students who obtain the minimum score of 18 at MIDTERM can take the final exam which will cover only the remaining topics. B. Non-attending students: Final written test ILOs assessed 1-5

Evaluation criteria
Students who obtain the minimum score of 18 at MIDTERM can take the final exam which will cover only the remaining topics.