Study programme competencies |
Code
|
Study programme competences / results
|
A1 |
Manage an enterprise or small organization, understanding their competitive and institutional position and identifying their strengths and weaknesses |
A2 |
Integrate in any functional area of micro-firms or SMEs and perform fluently any management task commissioned |
A3 |
Evaluate and foreseeing, from relevant data, the development of a company. |
A4 |
Elaborate advisory reports on specific situations of companies and markets |
A5 |
Write projects about specific functional areas (e.g. management, marketing, financial) of the company |
A6 |
Identify the relevant sources of economic information and to interpret the content. |
A7 |
Understand economic institutions as a result and application of theoretical or formal representations which explain the evolution of the economy. |
A8 |
Derive, based on from basic information, relevant data unrecognizable by non-professionals. |
A9 |
Use frequently the information and communication technology (ICT) throughout their professional activity. |
A10 |
Read and communicate in a professional environment at a basic level in more than one language, particularly in English |
A11 |
To analyze the problems of the firm based on management technical tools and professional criteria |
A12 |
Communicate fluently in their environment and work by teams |
B1 |
CB1-The students must demonstrate knowledge and understanding in a field of study that part of the basis of general secondary education, although it is supported by advanced textbooks, and also includes some aspects that imply knowledge of the forefront of their field of study |
B2 |
CB2 - The students can apply their knowledge to their work or vocation in a professional way and have competences typically demostrated by means of the elaboration and defense of arguments and solving problems within their area of work |
B3 |
CB3- The students have the ability to gather and interpret relevant data (usually within their field of study) to issue evaluations that include reflection on relevant social, scientific or ethical |
B4 |
CB4-Communicate information, ideas, problems and solutions to an audience both skilled and unskilled |
B5 |
CB5-Develop skills needed to undertake further studies learning with a high degree of autonomy |
B6 |
CG1-Perform duties of management, advice and evaluation in business organizations |
B7 |
CG2-Know how to use the concepts and techniques used in the various functional areas of the company and understand the relationships between them and with the overall objectives of the organization |
B8 |
CG3- Know how to make decisions, and, in general, assume leadership roles. |
B10 |
CG5-Respect the fundamental and equal rights for men and women, promoting respect of human rights and the principles of equal opportunities, non-discrimination and universal accessibility for people with disabilities. |
C1 |
Express correctly, both orally and in writing, in the official languages of the autonomous region |
C4 |
To be trained for the exercise of citizenship open, educated, critical, committed, democratic, capable of analyzing reality and diagnose problems, formulate and implement knowledge-based solutions oriented to the common good |
C5 |
Understand the importance of entrepreneurial culture and know the means and resources available to entrepreneurs |
C6 |
Assess critically the knowledge, technology and information available to solve the problems and take valuable decisions |
C7 |
Assume as professionals and citizens the importance of learning throughout life. |
C8 |
Assess the importance of research, innovation and technological development in the economic and cultural progress of society. |
Learning aims |
Learning outcomes |
Study programme competences / results |
Interpret the economic transactions in the light of the conceptual framework. |
A1 A3 A6 A8 A9 A10 A12
|
B1 B7
|
C4 C6 C7 C8
|
Assess the consequences of the application of the accounting standards. |
A3 A4 A6 A8 A10 A12
|
B2 B4 B5 B10
|
C4 C5 C6 C7 C8
|
Learn in an autonomous manner; look for for the solution for new problems by applying the acquired knowledge.Preparation of basic financial statements. |
A2 A5 A6 A7 A9 A10 A11
|
B3
|
C6
|
Ability to work with others in a consultive way. |
A12
|
B6
|
C4 C6
|
Ability to present, discuss, and defend different points of view. |
A12
|
B8
|
C1 C4 C6
|
Have an ethical behaviour in business. |
|
|
C4
|
Contents |
Topic |
Sub-topic |
1. Conceptual framework and accounting regulation. |
1.1.- Why do we need accounting standards?
1.2.- The conceptual framework.
1.3.- International and Spanish accounting standards.
|
2. Inventory. |
2.1.- Accounting treatment of inventory under the Spanish General Accounting Plan.
2.2.- Lower of cost or market rule.
2.3.- Disclosure in the financial statements. |
3. Recognition of revenue.
|
3.1.- Revenue recognition revisited. Problem areas.
3.2.- Sales returns and allowances.
3.3. -Long-term contracts.
3.4.- Disclosure in the financial statements. |
4. Receivables and accounting payable. Specialised topics. |
4.1.- Recognition and measurement.
4.2.- Transfer of receivables.
4.3.- Transactions in foreign currencies.
4.4.- Disclosure in the financial statements. |
5. Taxation I |
5.1.- Taxation of corporate income. General framework.
5.2.- The cost of income taxes. Recognition issues.
5.3.- Deferred tax accounting. The balance sheet approach. |
6. Taxation II |
6.1.- Deferred tax accounting. Extensions.
6.2.- Disclosure in the financial statements.
6.3.- Value Added Tax (VAT)
6.4.- Other taxes. |
7. Tangible assets. Specialised topics. |
7.1.- The capitalisation decision: borrowing costs, dismantling costs, and heavy maintenance.
7.2.- The valuation decisions. Increase/decrease in value along the holding period.
7.3.-Disclosure in the financial statements. |
8. Intangible assets.
|
8.2.- Recognition and measurement.
8.3.- Research and development costs.
8.4.- Goodwill.
8.5.- Disclosure in the financial statements. |
9. Financial investments. |
9.1.- Definition and types.
9.2.- Recognition and measurement.
9.4.- Disclosure in the financial statements. |
10. Debt and other funding sources. |
10.1.- Recognition and measurement of debt.
10.2.- Leasing.
10.3.- Grants.
10.4.- Disclosure in the financial statements. |
11. Provisions, contingent liabilities, and employee benefits.
|
11.1.- Provisions vs contingent liabilities.
11.2.- Recognition and measurement of provisions.
11.3.- Employee benefits.
11.4.- Disclosure in the financial statements. |
12. Basic financial statements. |
12.1.- The balance sheet.
12.2.- The income statement.
12.3.- Notes to the financial statements. |
Planning |
Methodologies / tests |
Competencies / Results |
Teaching hours (in-person & virtual) |
Student’s personal work hours |
Total hours |
Guest lecture / keynote speech |
A3 A6 A7 B4 B7 |
17 |
34 |
51 |
Directed discussion |
A2 A12 B2 B5 B10 C1 C4 C6 C7 |
6 |
19 |
25 |
Multiple-choice questions |
A4 B1 |
1 |
2 |
3 |
Workshop |
A5 A9 A10 A11 B6 B8 C5 C8 |
19 |
38 |
57 |
Objective test |
A1 A8 B3 |
2 |
8 |
10 |
|
Personalized attention |
|
4 |
0 |
4 |
|
(*)The information in the planning table is for guidance only and does not take into account the heterogeneity of the students. |
Methodologies |
Methodologies |
Description |
Guest lecture / keynote speech |
The teacher presents the main concepts that students need to solve the accounting problems covered in the course. |
Directed discussion |
Discussion of the proposed topics. Both the strenght of the arguments used and the ability to defend them in front of the rest of the students are valued. |
Multiple-choice questions |
Mid-term multiple choice test on an unspecified date. |
Workshop |
Work in groups to solve exercises and cases, both in the classroom and out of the classroom. The teacher will guide this work. |
Objective test |
Final exam covers both theoretical and practical issues. |
Personalized attention |
Methodologies
|
Directed discussion |
Workshop |
|
Description |
The accounting problems proposed to be solved in the classroom are designed to help students in understanding the accounting concepts and in becoming familiar with the accounting technique. With this aim, students will be guided by the teacher, so that they can solve, on their own, the proposed cases.
Group tutorials (4 hours distributed along the term) will be used to discuss those complex cases that requiere a higher degree of personal attention. For these tutorials, the group will be split into two small groups (15 students, aprox.). If possible, group tutorials will be held either in the previous or the posterior time slot in which students have their classes. |
|
Assessment |
Methodologies
|
Competencies / Results |
Description
|
Qualification
|
Objective test |
A1 A8 B3 |
The final exam, covering both theoretical and practical issues, will be held on the date set by the Faculty. |
50 |
Multiple-choice questions |
A4 B1 |
Mid-term multiple choice test. |
10 |
Workshop |
A5 A9 A10 A11 B6 B8 C5 C8 |
Learning out of the classroom based on solving exercises and cases will be assessed by means of small individual written tests. |
40 |
|
Assessment comments |
The proposed methodology seeks two main objectives: i) to create incentives for the student to work on a continuous basis along the term, and ii) to promote self-study strategies. With this aim, the student is asked to:
1.- Prepare, either individually or in group, the questions designed by the teacher to be discussed in the classroom.Both the strenght of the arguments used and the ability to defend them in front of the rest of the students are valued. The student can get up to 1 extra point to be added to the mark obtained in the continuous evaluation (workshop + mid-term test). The maximum final mark for the continuous evaluation is 5 points.
2.-On a weekly basis, students must solve the exercises and cases proposed by the teacher. Team work is highly recommended to discuss the possible solutions. At the begining of one of the two sesions of the weak, the teacher will present a small case, similar to those designed to be solved out of the classroom. Students must solve the case individually and the teacher will collect the written solutions. At the end of the term, the teacher will choose, on a ramdom basis, four of these written exercises to be marked.
As for the final exam, students should take into account the agreements of the Executive Committee of the Faculty of Economics and Business (6th July 2011).
-Absent qualification. This qualification will be assigned, exclusively, to those students that had particiapted in evaluation activities with a weighting lower than 20% of the final qualification, independently of the mark obtained in these activities.
-Final exam.It is forbiden to access the classroom where the exam is held with any machine that allows communication with the outside and/or the saving of information.
-Evaluation in the July option.The evaluation criteria used in the first option applies also in the July option.
|
Sources of information |
Basic
|
Muñoz Jiménez, José (Coord.) (2008). Contabilidad financiera. Pearson
Cervera Oliver, Mercedes; González García, Ángel; Romano Aparicio, Javier (2008). Contabilidad financiera (adaptada al nuevo PGC) . Centro de Estudios Financieros
Sutton, Tim (2004). Corporate Financial Accounting and Reporting. Prentice Hall
Fhillips, F.;Libby, R. and Libby,P.a. (2007). Fundamentals of Financial Accounting. McGraw-Hill
Amador Fernández, Sotero; Romano Aparicio, Javier (coordinadores) (2008). Manual del Nuevo Plan General Contable. Centro de Estudios Financieros |
|
Complementary
|
Horngren, C.T.; Harrison, W.T y Bamber, L. S. (2003). Contabilidad. Pearson |
|
Recommendations |
Subjects that it is recommended to have taken before |
Análise das Operacións Financeiras/611G02004 | Economía da Empresa: Dirección e Organización/611G02008 | Contabilidade Financeira I/611G02013 |
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Subjects that are recommended to be taken simultaneously |
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Subjects that continue the syllabus |
Contabilidade das Operacións Societarias/611G02027 |
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