KNOWLEDGE AND CAPACITY TO UNDERSTAND: To know, understand and be able to apply: the purpose and principles of financial statements; rules to be applied for the valuation of some of the main items in the financial statements; effects on the accounting representation of the different valuation choices of items in the financial statements. APPLIED KNOWLEDGE AND CAPACITY TO UNDERSTAND: Understand the practical application of theoretical concepts through the analysis of examples. TO BE ABLE TO APPLY THE TOOLS (accounting techniques relating to specific balance sheet items or transactions) learnt during the lessons in order to be able to draw up a balance sheet according to the civil code and national accounting principles. ADJUDICE AUTONOMY: To be able to reflect with precision and accuracy on the topics dealt with. COMMUNICATIVE SKILLS: To be able to communicate effectively and efficiently in both oral and written expression.

Those who have not passed the Business Economics (Economia Aziendale) examination cannot take the General and Applied Accounting examination. In order to take the course, it is strongly recommended to have acquired the basic concepts and language of the economic analysis of business processes and the basic skills for the accounting of business events and the preparation of financial statements. These skills are developed in the Business Administration (Economia Aziendale) course.

The course provides knowledge and skills on the valuation and accounting representation of the main items in financial statements.

U. Sostero, E. Santesso, I principi contabili per il bilancio d'esercizio, Terza edizione, EGEA, 2024 (limited to the chapter covered during class) F. Cerbioni, L. Cinquini, U. Sostero Conabilità e Bilancio, VII edizione, McGrawHill Connect (limited to the chapter covered during class) Both books are available at the library

Valuation and accounting in accordance with the Italian Civil Code and national (OIC) and international (IFRS) accounting standards of the following balance sheet items: - intangible fixed assets; - tangible fixed assets; - inventories; - receivables; - shareholders' equity; - provisions for risks and charges and termination benefits; - payables.

The course combines face-to-face theoretical lectures with participation through slides and documents, as well as lectures by company experts.

Course materials (slides, articles, additional materials) and other information for students (attending and non-attending) will be available on the course TEAMS page.

WRITTEN EXAMINATION The written examination, which lasts approximately 60 minutes, consists of a series of multiple-choice questions; open questions (both theoretical and commentary on documents and calculations); practical exercises and/or the solving of a few simple problems. The examination covers the entire syllabus and materials provided during the course.

This course explores topics closely related to one or more goals of the United Nations 2030 Agenda for Sustainable Development (SDGs). Agenda 2030 Sustainable Development Goals: 04 - Quality education 05 - Gender equality