Identifying Data 2020/21
Subject (*) Advanced Accounting II Code 611506007
Study programme
Mestrado Universitario en Contabilidade Superior e Auditoría de Contas (2013)
Descriptors Cycle Period Year Type Credits
Official Master's Degree 2nd four-month period
 First Obligatory 6
Language
Spanish
Teaching method Face-to-face
Prerequisites
Department Empresa
Coordinador
Borrajo Dios, Jorge
 E-mail
jorge.borrajo@udc.es
Lecturers
Borrajo Dios, Jorge
 E-mail
jorge.borrajo@udc.es
Web
General description O principal obxectivo do curso é ofrecer ao alumno unha visión práctica de como trasladar ao plano contable as distintas operacións de orde mercantil ou contable que se poden dar no ámbito da empresa.

Os fundamentos normativos do curso recollen as novidades lexislativas que afectan á materia tales como o Real Decreto Lexislativo 2/2010, do 2 de xullo, polo que se aproba o Texto Refundido da Lei de Sociedades de Capital ou a nova normativa sobre formulación de contas anuais consolidadas.
Contingency plan 1.- Modificacións nos contidos Manteranse os contidos planificados na GADU. 2.- Metodoloxías • Metodoloxías docentes que se manteñen Excepto no que se indica a continuación, mantéñense as metodoloxías docentes, adaptándoas á formación online. • Metodoloxías docentes que se modifican A discusión dirixida, estudio de casos e a presentación oral refúndense na solución, mediante probas síncronas por parte do alumnado, de casos prácticos adaptados en extensión e complexidade ás ferramentas telemáticas dispoñibles. 3.- Mecanismos de atención personalizada ao alumnado Ferramentas: Teams, Forms e Moodle Temporalización: Durante a clases e titorías semanalmente programadas. 4.- Modificacións na avaliación Metodoloxía AVALIACIÓN CONTINUA: Peso na cualificación: 50%. Valoraranse a resolución, por parte do alumnado, de casos prácticos (solución de problemas) adaptados en extensión e complexidade ás ferramentas telemáticas dispoñibles. Metodoloxía PROBA OBXECTIVA FINAL: Peso na cualificación: 50%. Exame final, con tempo limitado, sobre casos prácticos estudados no curso. As respostas poderán ser controladas mediante cuestionarios tipo test con alternativas limitadas. Observacións de avaliación: 1. Cualificación de non presentado: Corresponde ao alumno, cando só participe en actividades de avaliación que teñan unha ponderación inferior ao 20% sobre a cualificación final, con independencia da cualificación alcanzada. 2. Segunda oportunidade: Os criterios de avaliación son os mesmos, manténdose a ponderación entre a avaliación continua e o exame final. Convocatoria adiantada: As condicións de avaliación da oportunidade adiantada (art. 19 dás Normas de Avaliación, Revisión e Reclamacións dás Cualificacións dúas Estudos de Grao e Mestrado Universitario) serán específicas para esta oportunidade. Esta será avaliada por medio dunha proba mixta oral e/ou escrita que supoñerá o 100 % da cualificación final. 3. Estudantes con recoñecemento de dedicación a tempo parcial e dispensa académica de exención de asistencia: Excepto para as datas aprobadas na Xunta de Facultade para a proba obxectiva final, para as restantes probas acordarase ao comezo do curso un calendario específico de datas compatible coa súa dedicación, motivo polo cal, devandito alumnado deberá poñerse en contacto co profesor no primeiros dez días do cuadrimestre en que a materia se imparta, co fin de fixar o citado calendario. As probas terán o mesmo formato que para os alumnos con dedicación a tempo completo. 4. Sobre condicións de avaliación: Está prohibido acceder á aula do exame con calquera dispositivo que permita a comunicación co exterior e/ou almacenamento de información. 5. Identificación do estudante: O estudante ha de acreditar a súa personalidade de acordo coa normativa vixente. 6. Outras observacións de avaliación continua: A formulación de problemas e a súa solución, así como os controis que se fagan sobre os mesmos e os aspectos normativos asociados, poderanse realizar durante o desenvolvemento das clases e sen necesidade de aviso previo da realización dos devanditos controis. Todo iso require unha participación en clase activa por parte do alumno e un estudo actualizado do material facilitado. 5.- Modificacións da bibliografía ou webgrafía A totalidade do material requirido estará dispoñible en Moodle.

Study programme competencies
Code Study programme competences
A1 To know the Spanish financial reporting standards
A2 To know the International Financial Reporting Standards.
A5 To know how to obtain an adequate understanding of the business of the audited entity, the sector in which it operates and the nature of its transactions.
A6 To know how to measure and analyze the origin of costs and income obtained by the audited entity.
A7 To know how to assess from the relevant records of financial information, the situation and foreseeable evolution of a company.
A12 Know how to obtain a reasonable basis of judgment on the individual and consolidated annual accounts and express an opinion regarding them in the audit report, in accordance with regulation in force.
B1 Adequate oral and written expression in the official languages.
B3 Using ICT in working contexts and lifelong learning.
B8 Valuing the importance of research, innovation and technological development for the socioeconomic and cultural progress of society.
B10 Critically assessing knowledge, technology and available information when facing problems.
C1 Possess and understand knowledge that provides a basis or opportunity to be original in the development and / or application of ideas, often in a research context.
C2 That students know how to apply the knowledge acquired and their ability to solve problems in new or unfamiliar environments within broader (or multidisciplinary) contexts related to their area of study.
C3 That students are able to integrate knowledge and face the complexity of making judgments based on information that, being incomplete or limited, includes reflections on social and ethical responsibilities linked to the application of their knowledge and judgments.
C4 That students know how to communicate their conclusions and the knowledge and ultimate reasons that sustain them to specialized and non-specialized audiences in a clear and unambiguous way.
C6 Capacity for teamwork.
C7 Capacity for leadership.
C9 Ability to solve problems.
C11 Development of a logical and creative critical spirit.
C12 Capacity to manage information and communication technologies in the exercise of their professional activity.

Learning aims
Learning outcomes Study programme competences
To delve into the study of the current regulation in the elaboration and presentation of annual accounts by groups of Spanish companies, differentiating groups that issue securities in secondary organized markets of the European Union. AJ1
AJ2
 BJ3
BJ8
BJ10
 CJ11
CJ12
Ability to interpret the legal regulations related to the formulation of consolidated annual accounts of groups of companies, both national and international. AJ5
AJ7
AJ12
 BJ1
BJ3
 CJ1
CJ2
CJ3
CJ4
CJ6
CJ7
CJ9
Ability to prospectively evaluate the economic and financial performance of a company or a group of companies based on the financial information available in each environment. Capability to review the accounting information system of a company or group of companies. AJ5
AJ6
AJ7
AJ12
 BJ3
 CJ6
CJ7
CJ9
CJ12
Assess the implications of a correct application of the regulations in the representation of a fair view of the net assets, the financial situation and the income of a group of companies, as the reporting entity. BJ1
BJ8
BJ10
 CJ11
CJ12
Assess the advantages and disadvantages or limitations of the different analysis techniques. Be aware of the different factors, both exogenous and endogenous, that may affect the application of a certain valuation technique. AJ12
 BJ1
BJ3
 CJ11

Contents
Topic Sub-topic
1. Definition of group of companies and consolidation perimeter.
2. Regulation of business combinations.
3. Methods of consolidation.
4. Intragroup operations.
5. Consolidated income tax.
6. Consolidation of foreign subsidiaries.
7. Financial statements in the consolidated annual accounts.
8. Development and planning of the strategy.
9. Integration of strategic planning and operational execution: the balanced scorecard
10. Classification and characteristics of the different valuation methods.
11. Models of discount of flows: relevant variables. Critical study
12. Real options.
13. Elaboration of restructuring plans.
 Sub-topic will be disclosed during the lessons

Planning
Methodologies / tests Competencies Ordinary class hours Student’s personal work hours Total hours
Guest lecture / keynote speech A1 A2 A5 A6 A7 A12 B10 B8 C2 C3 C11 24 24 48
Directed discussion A1 A2 A5 A6 A7 A12 B1 B10 B8 C2 C3 C4 C11 4 8 12
Collaborative learning A1 A2 A5 A6 A7 A12 B1 B3 B10 B8 C1 C2 C3 C4 C6 C7 C9 C11 C12 1 1 2
Case study A1 A2 A5 A6 A7 A12 B1 B3 B10 B8 C2 C3 C4 C6 C7 C9 C11 2 10 12
Mixed objective/subjective test A1 A2 A6 A7 A12 B1 C2 C3 C4 C9 2 8 10
Oral presentation A5 B1 B10 C2 C3 C4 1 4 5
Document analysis A1 A2 A7 A12 B10 B8 1 3 4
Problem solving A1 A2 A5 A6 A7 A12 C1 C2 C3 C4 C9 C11 C12 11 44 55
 
Personalized attention 2 0 2
 
(*)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 Exposición resumida dos temas do programa co apoio sistemático de exercicios prácticos
Directed discussion Debates sobre cuestións plantexadas polo profesor.
Collaborative learning Exposición de prácticas ante o resto de alumnos.
Case study Análisis e resolución dun problema baseado nunha empresa real.
Mixed objective/subjective test Exame teórico-práctico sobre o contido da materia.
Oral presentation Exposición dun caso.
Document analysis Análisie de fontes documentais de carácter normativo e doctrinario
Problem solving Supostos prácticos sobre o temario da materia.

Personalized attention
Methodologies
Case study
Description
A personalized answer is given in class to the solution of the assumptions and in the clarification of any doubts.

Tutorials for the solution of practical cases of accounting of different corporate operations.

Assessment
Methodologies Competencies Description Qualification
Mixed objective/subjective test A1 A2 A6 A7 A12 B1 C2 C3 C4 C9 Final exam on consolidated Annual Accounts (43%) and Scorecard (6%) 50
Case study A1 A2 A5 A6 A7 A12 B1 B3 B10 B8 C2 C3 C4 C6 C7 C9 C11 Individual work on business valuation 13
Problem solving A1 A2 A5 A6 A7 A12 C1 C2 C3 C4 C9 C11 C12 Tasks to be carried out in class on Consolidated Annual Accounts 37
 
Assessment comments
The continuous assessment corresponds to the evaluation of case studies and problem solving.

On the July opportunity, the same criteria will apply. In this regard, the teacher may propose additional tasks that allow the student to improve the rating of their continuous assessment.

Students with recognition of part-time dedication and academic exemption of attendance exemption: Except for the dates approved in the Faculty Board, as far as the mixed test or exams is concerned, for the remaining tests, a specific calendar of dates compatible with their dedication will be agreed upon at the beginning of the course, which is why said students must contact with the teacher in the first ten days of the semester in which the subject is taught, in order to set the aforementioned calendar. The tests will have the same format as for full-time students.

In the event that the student is granted an opportunity for "advanced evaluation", and only in this case, to pass the subject, the student must pass a mixed oral and / or written test aimed at evaluating all competencies and content of the subject.

Qualification of not presented. Corresponds to students, when only participate in evaluation activities that have a weight of no more than 20% on the final qualification, regardless of the grade obtained.

Sources of information
Basic Álvarez Melcón, Sixto (2011). Cuentas anuales consolidadas. Madrid: Pirámide
Asociación Española de Contabilidad y Administración de Empresas (2005). Documento núm. 7 de la Comisión de Valoración y Financiación de Empresas.. Madrid: AECA
Escobar, Tomás; Cortijo, Virginia (2012). Fundamentos de contabilidad de gestión. Madrid: Pearson
Asociación Española de Contabilidad y Administración de Empresas (2014). Opciones Reales y Gestión de Empresas. La importancia de la Flexibilidad y el Riesgo en la Valoración. Documento número 12 de la Comisión de Valoración y Financiación de Empresas.. Madrid: AECA
Fernández, Pablo (1999). Valoración de empresas. Barcelona: Gestión 2000

Complementary Fundación de Estudios Bursátiles y Financieros (2009). El arte de valorar empresas.. Civitas-Thomson Reuters

DIRECCIONES DE INTERNET RELEVANTES: http://www.icac.meh.es http://www.cnmv.es http://www.aeca.es http://europa.eu.int/comm/internal_market/en/company/index.htm http://www.iasb.org.

Recommendations
Subjects that it is recommended to have taken before
Advanced Accounting I/611506004
International Financial Reporting Standards/611506005

Subjects that are recommended to be taken simultaneously
Special Sectors Accounting/611506006

Subjects that continue the syllabus

Other comments


(*)The teaching guide is the document in which the URV publishes the information about all its courses. It is a public document and cannot be modified. Only in exceptional cases can it be revised by the competent agent or duly revised so that it is in line with current legislation.