|
Teaching GuideTerm Faculty of Economics and Business |
| Grao en Ciencias Empresariais |
 Subjects |
| Financial Accounting II |
| Contents |
|
|
|
| Identifying Data | 2020/21 | |||||||||||||
| Subject | Financial Accounting II | Code | 650G01017 | |||||||||||
| Study programme |
|
|||||||||||||
| Descriptors | Cycle | Period | Year | Type | Credits | |||||||||
| Graduate | 2nd four-month period |
Second | Obligatory | 6 | ||||||||||
|
||||||||||||||
| 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 accounting standards. |
| 2. Accounting regulation in Spain | 2.1.- Background 2.2.- Characteristics and structure of The Spanish General Accounting Plan (SGAP) 2.3.- SGAP in diferent types of companies |
| 3. Inventory | 3.1.- Accounting treatment of inventory under the SGAP 3.2.- Lower of cost or market rule. 3.3.- Disclosure in the financial statements. |
| 4. Taxation | 4.1.- Income taxes in small companies 4.2.- Value Added Tax (VAT) 4.3.- Other taxes. |
| 5. Recognition of revenue. |
5.1.- Revenue recognition revisited. Problem areas. 5.2.- Sales returns and allowances. 5.3. -Long-term contracts. 5.4.- Disclosure in the financial statements. |
| 6. Receivables and accounting payable. Specialised topics. | 6.1.- Recognition and measurement. 6.2.- Transfer of receivables. 6.3.- Transactions in foreign currencies. 6.4.- Disclosure in the financial statements. |
| 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. |
|
