LEARNING OBJECTIVES - As an intermediate course of the economic-business teaching chain of the Degree Course in Economics and Commerce, it delivers basic contents essential for the understanding of the topics that will be developed in those modules held in the third dealing with issues related to the company balance sheet.
Specifically, the teaching contributes to the achievement of the educational objectives of the degree program by providing students with theoretical and technical knowledge useful for the interpretation of business dynamics relating to the performance of one of the processes of the information sub-system: general accounting aimed at preparing the financial statements.

EXPECTED LEARNING OUTCOMES

First, with reference to "Knowledge and understanding", at the end of the course the student, in addition to having acquired the typical language and concepts of Corporate Accounting, must know and understand the following issues:
(a) role of the discipline within the corporate disciplines;
(b) modern meaning of corporate information subsystem;
(c) General accounting as a company survey procedure;
(d) the account, the double entry method and the consequences of applying the latter to the Amaduzzian system;
(e) logical phases and main groups of entries of the general accounting;
(f) representation of income and capital in general accounting and statutory financial statements as well as the related measurement problems;
(g) the main fiscal regimes in force in Italy. In particular, the civil law regime.

Secondly, with reference to the "Ability to apply knowledge and understanding", the student must be able to:
(a) keep double-entry accounting records referring to single management operations (simple skill);
(b) to transfer the balances of the final accounts of the General Accounting (simple skill) to the financial statements;
(c) closing and reopening the General ledger accounts (complex skill);
(d) circumscribe, for each operation, the data useful for accounting records (simple ability favoring autonomy of judgment);
(e) grasp the consequences that each business operation has, as of 31.12, in terms of closing records, on the preparation of the income statement and the balance sheet of the general accounting (complex skill favoring autonomy of judgment).

In terms of "Autonomy of judgment", the student must be able to identify, on an accounting basis, the consequences that each business operation has on the preparation of the income statement and the balance sheet of the COGE. More broadly, the student will be able to describe and comment on the economic and patrimonial situation of the company with the help of the general ledger accounts dedicated to income and capital.

As regards "Communication skills", the student must:
(a) develop familiarity with the typical vocabulary of the discipline, especially with reference to expressions mainly used in corporate accounting (income statement, balance sheet, financial statements, etc.)
(b) acquire such a mastery of the vocabulary and of the contents presented in the course to be able to interact effectively, on accounting issues, even with subjects who are not strictly involved in the work.

Finally, with reference to the "ability to learn", the student will develop the ability to:
(a) carry out effective study summaries and perfect personal learning tools, as regards the theoretical contents developed in the course and in the textbooks;
(b) implement application methods, for what concerns both the technical-practical activities presented in the classroom and the individual exercises proposed through online handouts