A basic working knowledge of accounting is assumed. Students should be familiar with general bookkeeping procedures, journal entries, T-accounts and the debit/credit system, as well as the process of compiling income statements and balance sheets.

The central objective is to develop students’ ability to read and work with financial reports prepared according to generally accepted accounting principles, particularly ITA GAAP. Compared to introductory accounting courses, Economia Aziendale and Ragioneria, l (which all students should have taken), the course puts more emphasis on advanced topics, on the use of financial report content from practice, and on the relevance of technical details and footnote disclosures to well-informed and meaningful financial statement analysis. To sum up, the goal is toprovide students with the basic elements of the economic and financial analysis of companies. Morover, an introduction to bankruptcy prediction models and earnings management detection tools and techniques will be presented.

Financial statement analysis following a prescribed routine with standard financial ratios.

The aim of this course is to give participants a thorough introduction to bankruptcy prediction models and earnings management detection tools and techniques.

• Jerry J. Weygandt, Paul D., Kimmel, Donald E., Kieso Financial Accounting Ifrs EditionJohn Wiley & Sons IncLondon 2015 100+C
• Bob Tricker, "Corporate Governance: Principles", Policies and Practices OUP Oxford -UK - 2019
• Ray Whittington, Kurt Pany "Principles of auditing & other assurance services" McGraw Hill LLC - New York - 2021
• Beaver, W.H Financial ratios as predictors of failure Journal of Accounting Research, 4, 1966 » Pagine/Capitoli: 71-111
• Altman, E.I Financial ratios, discriminant analysis and the prediction of corporate bankruptcy Journal of Finance, vol.23, 1968 » Pagine/Capitoli: 589-609
• Beneish, M.D. The Detection Of Earnings Manipulation Financial Analysts Journal, Vol.55(5), 1999 » Pagine/Capitoli: 24-36
• Healy, P. M The effect of bonus schemes on accounting decisions Journal of Accounting and Economics, 7, 1985 » Pagine/Capitoli: 85-107
• Jones, J. J. Earnings management during import relief investigations Journal of Accounting Research, vol. 29 (2), 1991 » Pagine/Capitoli: 193-228
• DeAngelo, L. E. Accounting numbers as market valuation substitutes: A study of management buyouts of public stockholders. Accounting Review, Accounting Review, 1986 » Pagine/Capitoli: 400-420
• Dechow, P., Ge, W., & Schrand, C Understanding earnings quality: A review of the proxies, their determinants and their consequences Journal of Accounting and Economics, 50(2), 2010 » Pagine/Capitoli: 344-401
• Dichev, I. D., Graham, J. R., Harvey, C. R., & Rajgopal, S. Earnings quality: Evidence from the field. Journal of Accounting and Economics, 56(2), 2013 » Pagine/Capitoli: 1-33
• Lo, K. Earnings management and earnings quality Journal of Accounting and Economics, 45(2), 2008 » Pagine/Capitoli: 350-357
• Marquardt, C. A., & Wiedman, C. I. How are earnings managed? An examination of specific accruals Contemporary Accounting Research, , 21(2), 2004 » Pagine/Capitoli: 462-491
• Roychowdhury, S Earnings management through real activities manipulation Journal of accounting and economics, 42(3), 2006 » Pagine/Capitoli: 335-370.

In addition to the suggested textbooks, the following course materials will be provided

- slides

- cases

- exercises

• Face-to-face lectures

  Exercises (exercises, database, software etc.)

  
  

• The assessment methods are:

  • Written individual exam

  To pass the course, a final course grade of 18 or higher is needed.

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